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Disparity Index

This tool was created by Brian Brown on November 30, 2009. Disparity Index is a Trading Indicator.
The coding of this Technical Analysis indicator needed 6 lines.
The trading indicator is named 'disparity_index' and it is developed using JScript.Net programming language.
It has 2 arguments. The different inputs are:
X (Type: Number - Default Value: 0): Moving average periof
ma_type (Type: String - Default Value: ): Moving average type: _MaDema - _MaEma - _MaKama - _MaMama - _MaT3 - _MaTrima - _MaWma

p = disparity_index(0, "");

Formula to display the function on a chart:
Plot(disparity_index(0, ""), "Disparity Index", colorRed);

Future and Past Bars:
The function has no look-ahead bias. It necessitates zero previous bars.

Click on this link to download Disparity Index

Search terms used to find this trading item include disparity index, disparity index indicator, disparity indicator, Disparity index analysis , disparity index free download

The trading object is saved under the following categories: Technical Analysis

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.