DeMarker Indicator (DI)
By: Ivan Cavric The DeMarker Indicator (DI) can be used to help you identify new trading opportunities because Tom DeMarker designed the DI with this purpose specifically in mind. The DI exhibits a number of features that have similarities to those of the indicators designed by Welles Wilder . In addition, DeMarker tried to devise solutions for those problems experienced by many other technical indications when dealing with overbought and oversold trading conditions. The DI was designed to monitor and track the market sentiment of an underlying asset by comparing its current value to that of the preceding time-period. Consequently, you can utilize the DI to evaluate the demand for a particular asset. This action will then aid you in detecting market tops and bottoms. You will discover that this indicator is particularly helpful in identifying new trading opportunities because it does not filter its raw data. The DI has two variations although both have been constructe...