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Disparity Index

by Dr.Hamdi Boukamcha
Name:
Disparity Index
Author: Linuxser (2007.05.10 11:16)
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 	 Disparity Index   Disparity Index.mq4 (2.1 Kb) View
Steve Nison refers to his Disparity Index as “a percentage display of the latest close to a chosen moving average.” This can be defined mathematically using the formula: 

[ C – Mov(C,X,MA ) ]


[Mov(C,X,MA) ] * 100


Where X is the number of time periods and MA is the calculation type of the moving average. For more in depth interpretation of the Disparity Index refer to Steve Nison’s book “Beyond Candlesticks”, Chapter 5

 	 Disparity Index
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Looks symilar to Force index provided with Meta Trader.

walsz

30.05.2007 07:02 walsz

breakmov wrote:
Linuxser,just one question/observation 🙂 …….

why do you have “A/(B*100) ” insted of “(A/B)*100” ?

breakmov

Visual result is the same, only the scale changes.

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