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 price protection for both long-term periods and short-term periods.
Sibbet Demand Index Divergence indicator
The sibbet demand index divergence indicator works on the basis of some rules that are specially defined for this indicator.
These some rules are as:
The highest price values move the market to a top-level.
The lowest price values move market on a low level.
If the trader found the line below the zero lines then it means that there is no change in the trend.
If the trader found the line above the zero lines then it means that there is a 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 points then it shows a neutral result.
A Helpful Sibbet Demand Index Divergence 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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