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Disparity Index
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=23048
Forum: 17 · Topic 23048 · 10 post(s)
Disparity Index
Apprentice · Wed Sep 05, 2012 9:11 am
A technical indicator that measures the relative position of the most recent closing price to a selected moving average and reports the value as a percentage. A value greater than zero suggests that the asset is gaining upward momentum, while a value less than zero can be interpreted as a sign that selling pressure is increasing.
Formula Disparity Index = (Close - MA )/ MA *100
For Averages DI you will need to install averages indicator. viewtopic.php?f=17&t=2430&p=5705&hilit=averages#p5705
Indicator-based strategy. https://fxcodebase.com/code/viewtopic.php?f=31&t=72435
Re: Disparity Index
Coondawg71 · Thu Dec 27, 2012 9:49 pm
Can we please request this version of indicator added for development.
Histogram of Disparity Index
Thanks
Sjc
http://www.mql5.com/en/code/1353
Re: Disparity Index
Apprentice · Fri Dec 28, 2012 3:17 am
Your request is added to the development list.
Re: Disparity Index
Apprentice · Fri Dec 28, 2012 5:02 am
For Averages DI you will need to install averages indicator. viewtopic.php?f=17&t=2430&p=5705&hilit=averages#p5705
Re: Disparity Index
Patrick Sweet · Thu Oct 24, 2013 3:21 pm
Although simple and less sexy than many others, this is very useful. Could we add the ‘Averages’ lua to it..that is can we expand the MAs available to include the other more sensative ones…..?
Re: Disparity Index
Apprentice · Thu Jul 02, 2015 4:43 am
Averages Disparity Index.lua / Averages DI Added.
Re: Disparity Index
Mattia · Thu Nov 24, 2016 6:01 pm
Hi!
It s possible make this indicator in this way:
Disparity Index = ((Close - MA )/ MA 100)100
for see a bigger range. I think it’s better…
And its possible make a quantitative version?
X * natural logarithm (Disparity Index1/Disparity IndexN)
Where; Disparity Index = ((Close - MA )/ MA 100)100 X= a variable>0 , a positive number Disparity Index1= the current valor of Disparity Index Disparity IndexN = Disparity Index of N candelstick ago ( example the previous 5 or 60) __________________
I think it’s a good indicator.
Thanks!!!
Mattia
Re: Disparity Index
Apprentice · Fri Nov 25, 2016 5:39 am
Disparity Index = ((Close - MA )/ MA 100)100
DI Modification Quantitative.lua
DI Modification Quantitative = X * natural logarithm (Disparity Index1/Disparity IndexN)
Re: Disparity Index
swingtrader · Fri Nov 25, 2016 12:31 pm
hi apprendice,
can you create a strategy based on disparity index indicator
buy; DI cross over Top line sell: DI cross under Bottom line
Re: Disparity Index
Mattia · Fri Nov 25, 2016 4:46 pm
Thabks for modification!
Mattia