Demand Index
The Demand Index is a market strength indicator based on price and volume that calculates a ratio buying pressure to selling pressure. It can be a leading indicator of price moves.
The Demand Index can be interpreted by looking for divergence with price to indicate impending price moves. Peaks in the Demand Index signal a coming peak in price. When the Demand Index hovers around zero, it indicates weak price moves.
The Demand Index was developed by James Sibbet.
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