One of the positive and unusual aspects of Demand Index is its ability to lead the market and give insights into what to expect.
Since this is a fact, it was an obvious project for me to work on. Some other indicators are used in its construction with good results.
Once applied to a chart just left click and drag to the
left to see it. There is not yet a method of exposing the
right margin programatically.
Simple to use making
it suitable for beginners and advanced
traders. A new indicator called the
Collector is used in
its construction with good effect.
Realistic forecasting is a tough job and this
product is designed to make it easier. Very easy to
understand on
any time frame of chart.
Suggestions as per time frame,
more reliable results arise with 10 minutes and above, 30
mins and hourly generally pan out well.
Also works
on daily and weekly and tick charts etc
Watch the Demand Index 30 Path Estimator with NinjaTrader 8 on YouTube below
-
Demand Index and
"The Collector" are two of the
many indicators used by the Demand Index 30 Path Estimator see
below
Demand Index
indicator shows when big moves are real or fake
The Collector
indicator ( Comes free with this product )
The Collector
stores information on trend durations
The Collector
has many uses - best when more than one length is used
Crossing zero denotes a trend change
When both are
locked at maximum it often signals a top
The Collector is a
semi oscillator which is user configuable. It often finds then
ends of trends after they have spend a large amount of bars
travelling.
You can adjust its lengths and summation
values, it is good practice to use it in two or three settings
plotted together to see the depth of its readings
For the
remainder of 2024 there is a special offer price on the
Collector for NinjaTrader 8
Remember if you buy the product
above, the Collector 5 year license comes free with it.
Members grab a 5 year license for $27 --> Member log in
find your PTS Member ID number
Non Members
get a 5 year license $47 -- >
Not a member yet?
Sign up here
Precision Trading Systems was founded in 2006
providing high quality indicators and trading systems for a wide range of
markets and levels of experience.
Supporting NinjaTrader, Tradestation. MultiCharts, TradingView,
MetaTrader 4 and MetaTrader 5
Admin notes
Page created on Dec 19th
2024 - New responsive page GA4 added canonical
this. 5/5 html sm links added - retrievable osenrx files