This indicator builds ZigZag based on the Parabolic SAR indicator. This is an advanced ZigZag version marking extreme values on a chart with less lag. The standard ZigZag looks for a new extreme value following the price percent deviation from a previous extreme value. This new indicator keeps track of a price crossing with Parabolic SAR.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/526
The Demand Index combines price and volume in such a way that it is often a leading indicator of price change.Cronex Super Position
Superposition of RSI and DeMarker technical indicators.