Disparity Index using Pivot?

[camyug]

Japanese use Disparity Index of price to Moving Average as a percentage, but could this be done using the main Pivot instead of MA?

[ACM]

camyug
The attached modification of PivotPoint.efs which can be found in the Pivots folder computes the percentage difference between the current Close and the Pivot
Alex

[camyug]

Alexis, excellent work. I'm trying to envisage the most useful application of this study, would it be possible to have it as a histogram with a moving average? The FX markets display a relationship with the Pivot that is key to understanding multi-day swings, I'm sure that in there somewhere is a useful hybrid.
Regards camyug

[ACM]

camyug
The attached revision will plot the histogram of the difference between the Close and the Pivot Point and the MA of that difference.
At this point you should have sufficient information available to modify the efs to your liking and to continue your research.
Alex

[camyug]

Alexis, again excellent work, thanks for the input.