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- 23 Eki 2020
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rev. 01/06/97 Steve Nison refers to the his Disparity Index "as a percentage display of the latest close to a chosen moving average".This can be defined in MetaStock using the formula: ( ( C - Mov( C ,X ,? ) ) / Mov( C ,X ,? ) ) * 100 ** where X is the number of time periods and ? is the calculation typeof the moving average. For example: |
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Disparity Index ( ( C - Mov( C ,13,E ) ) / Mov( C ,13 ,E )) * 100 |
** where X = 13 time periods and ? = Exponential moving average. For interpretation on the Disparity Index refer to Steve Nison's book Beyond Candlesticks which is available from the Equis Direct catalogue. | |
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