Sibbet Demand Index Divergence indicator
The sibbet demand index divergence indicator is used to know the difference between the buying and selling ratio of the market. The traders use this indicator for the price protection for both long term periods and short term periods.
The sibbet demand index divergence indicator works on the base of some rules that are specially defined for this indictor.
These some rules are as:
The highest price values moves market on a top level.
The lowest price values moves market on a low level.
If trader found the line below the zero line then it means that there is no change in the trend.
If trader found the line above the zero line then it means that there is strong change in the trend.
A difference between the index and the price value tells the weak points of the market trading.
If the index line stops on the zero point then it shows neutral result.
A Helpfull Indicator
The sibbet demand index divergence indicator is a technique that helps traders for estimating the price movements with the help of the trading volume and all the price actions. This indicator is a forex trading indicator and can be used with any forex trading.
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