Demand Index not working anymore in version 11

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    regus
    Participant
    Veteran

    The indicator Demand Index  programmed by Nicolas does not seem to function in V11.

    https://www.prorealcode.com/wp-content/uploads/2017/01/Demand-index.itf

    #114327 quote
    Nicolas
    Keymaster
    Master

    Here the code with a fix (indicator is not mine). I just added a condition to be sure there are enough bars loaded for the indicator to calculate:

    ///////////////////////////////////////////////////////
    /////////////SIBBET DEMAND INDEX////////////////
    //////////////////////////////////////////////////////
    
    //{Programmed by David Fenstemaker}
    //{Omega Code downloaded from}
    //{http://www.purebytes.com/archives/omega/2002/msg04345.html}
    //{converted to MS by wabbit here}
    //http://www.stator-afm.com/demand-index.html
    //tradotto per PRT da tetsuo
    //{04 April 2008}
    
    //creare la variabile len(11)
    
    len=11
    
    if barindex<=1 then
    
    volavg=volume
    else
    volavg=(volavg[1]*(len-1)+volume)/len
    endif
    
    if barindex>len then 
    wcl=(high+low+close+close)/4
    avgTR=average[len](highest[2](high)-lowest[2](low))
    
    If Wcl <> 0 and wcl[1] <> 0 and AvgTR <> 0 and VolAvg <> 0 then
    
    wtcratio=(wcl-wcl[1])/(min(wcl,wcl[1]))
    volratio=volume/volavg
    
    const2=((wcl*3)/avgtr)*abs(wtcratio)
    
    const=volratio/exp(min(const2,88))
    
    if wtcratio>0 then
    buypr=volratio
    sellpr=const
    
    else
    buypr=const
    sellpr=volratio
    endif
    
    buypress=(buypress[1]*(len-1)+buypr)/len
    sellpress=(sellpress[1]*(len-1)+sellpr)/len
    tempdi=1
    
    if sellpress>buypress then
    sign=-1
    else
    sign=1
    endif
    
    if sellpress>buypress then
    tempDI=sign*(buypress/sellpress)
    else
    tempDI=sign*(sellpress/buypress)
    endif
    
    if tempDI<0 then
    myDMI=100*(-1-tempDI)
    else
    myDMI=100*(1-tempDI)
    endif
    endif
    endif 
    
    return mydmi coloured(0,0,255) as "DEMAND INDEX", 0
    
    /////////////////////////FINE///////////////////////////
    
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Demand Index not working anymore in version 11


ProBuilder: Indicators & Custom Tools

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regus @regus Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
6 years, 2 months ago.

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Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 12/06/2019
Status: Active
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