I’ve had several requests to code various indicators designed by Tom DeMark and here is one such study. The DeMark Pressure Ratio indicator seeks to quantify accumulation/distribution through a combination of volume and price action. The short entry is indicated by the oscillator exiting from above the overbought line at 75 with the long entry indicated by a rise above the 25 oversold line. Also pictured is the soon to be released ThinkScripter Volumetric Trendline study which automatically plots in real-time a volumetric trendline for the user selected period. Pictured on this chart of the /ES are 20, 55, 110, and 250 period volumetric trendlines. Stay tuned
Both studies will be added to the member’s bundle this weekend.
DeMark Pressure Ratio
Aug 13th, 2009 by ThinkScripter






What kind of buy/sell trigger do you have there?
It’s a custom one I did for one of our PRO members.
-Eric