RicardoSantos

Distance to Demand Vector

shows the distance to its relevant demand vector.
demand vector is based on the demand for long/short, extracted from price range..
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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500 coins
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This publication is now featured in our Editors' Picks: https://www.tradingview.com/scripts/editors-picks/ .
In the name of all TradingViewers, thank you for your valuable contribution to the community, and congrats!
+1 Reply
Nice works as always bro <3
+1 Reply
@ICEKI, Hi, brother, I understand how to apply demand index in my strategy, but with this indicator, I have no idea about how to use it. Could you show me some your ideas, Thanks.
+2 Reply
@ICEKI, thank you for sharing your ideas, I found this indicator can work as a reversal point detector, but I have no confidence on my thought. What do you think about this?
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ICEKI daxuzhuo
@daxuzhuo, All indicators are supportive, before you get in or out of your trade, you must have your own trading plans first. If you ask me what do I think about this indicator about this indicator I will said it's nice because it given me insight about what happens of the markets.
+1 Reply
good
+1 Reply
good
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very good work Ricardo... Gracias
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Como podría probar el
Demand Vector 100

Gracias anticipadas
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