Demand Index v1.2.1 developed by BigBoyOrderflow

About

Demand Index distills price displacement and traded volume into a single, gradient-colored buy/sell-pressure oscillator built on James Sibbet's original formula — exponentially weighting volume against bar-to-bar price movement to separate genuine buying and selling power from ordinary market noise. A three-stage smoothing chain (volume, power, and signal) keeps the line responsive without sacrificing clarity, complemented by a dedicated SMA for trend confirmation and an optional fill to the zero baseline. Configurable extreme-level bands flag exhaustion zones, while an adaptive zero-line highlight — combining a proximity band, a persistence streak, and true zero-crossing detection — calls out sustained shifts in market control instead of firing on every minor wiggle. A clean, three-tab settings panel (Calculation, Visualization, Colors) keeps every parameter precisely where you expect it.