The Disparity Index Indicator will show the percentage difference between the previous candle’s closing price and the specified moving average.
Traders can use the Disparity Index to look for upward price momentum when the Disparity Index is greater than zero. Likewise traders can look for downward price momentum when the Disparity Index less than zero.
This indicator was developed on FXCodebase.
The following are inputs available in the application:
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results.
This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).