//------------------------------------------------------------------------------

//
// Formula Name: DeMarker
// Author/Uploader: Tomasz Janeczko
// E-mail: tj@amibroker.com
// Date/Time Added: 2001-06-16 08:19:53
// Origin: Originally developed by Tom Demark
// Keywords: overbought,oversold
// Level: basic
// Flags: indicator
// Formula URL: http://www.amibroker.com/library/formula.php?id=10
// Details URL: http://www.amibroker.com/library/detail.php?id=10
//
//------------------------------------------------------------------------------
//
// The DeMarker indicator is an attempt to overcome the shortcomings of
// classical overbought / oversold indicators. The DeMarker Indicator
// identifies potential price bottoms and tops. It accomplishes this by making
// price comparisons from one bar to the next and measuring the level of price
// demand. For more information please check AmiBroker Tips newsletter <a
// href="http://www.amibroker.com/newsletter/02-2000.html">Issue 2/2000</a>
//
//------------------------------------------------------------------------------

/*
** Tom Demark's DeMarker Indicator
** AFL Implementation by Tomasz Janeczko
*/

highm = IIF( H > Ref( H, -1 ), H - Ref( H, - 1), 0 );

lowm = IIF( L < Ref( L, -1 ), Ref( L, - 1 ) - L, 0 );

DeMarker = 100 * Sum( highm, 13 )/( Sum( lowm, 13 ) + Sum( highm, 13 ) );

graph0 = DeMarker;