DeMarker

The Demarker reflects the regions of price depletion that usually coincide with the price peaks and valleys. The indicator fluctuates between 0 and 1. When the indicator falls below 0.3, the bullish price reversal should be expected. When the indicator rises above 0.7, the bearish price reversal should be expected.

Parameters:

1. N - time period.

Calculation:

The value of the demarker for the j-th interval is calculated as follows:

1. The DeMax_j is calculated. If   high_j > high_j-1  , then  DeMax_j = high_j - high_j-1  , otherwise  DeMax_j = 0 
2. The DeMin_j is calculated. If  low_j < low_j-1 , then  DeMin_j = low_j-1 - low_j , otherwise  DeMin_j = 0 
3. The value of the demarker is calculated as: