v0.8.6: update indicator docs, ndepend tooling, ALMA refactor, gitignore cleanup

This commit is contained in:
Miha Kralj
2026-03-13 13:46:52 -07:00
parent e3e9555fc1
commit c75135ab14
402 changed files with 2222 additions and 1779 deletions
+1 -3
View File
@@ -14,8 +14,6 @@
- DeMark Pivot Points calculate three horizontal support and resistance levels from the previous bar's open, high, low, and close.
- No configurable parameters; computation is stateless per bar.
- Output range: Varies (see docs).
- Requires `2` bars of warmup before first valid output (IsHot = true).
- Validated against TA-Lib, Skender, and Tulip reference implementations where available.
DeMark Pivot Points calculate three horizontal support and resistance levels from the previous bar's open, high, low, and close. The defining characteristic is a conditional intermediate value X that changes its weighting depending on whether the prior bar closed below, above, or equal to its open. Bearish bars weight the low; bullish bars weight the high; doji bars weight the close. Three levels (PP, R1, S1) emerge from this single conditional calculation. The only pivot variant that uses the open price.
@@ -195,4 +193,4 @@ No external libraries implement bar-to-bar DeMark pivot points. Mathematical cor
- DeMark, T. R. (1994). *The New Science of Technical Analysis*. John Wiley and Sons.
- DeMark, T. R. (1997). *New Market Timing Techniques: Innovative Studies in Market Rhythm and Price Exhaustion*. John Wiley and Sons.
- Person, J. L. (2004). *A Complete Guide to Technical Trading Tactics*. John Wiley and Sons.
- Wikipedia: [Pivot point (technical analysis)](https://en.wikipedia.org/wiki/Pivot_point_(technical_analysis))
- Wikipedia: [Pivot point (technical analysis)](https://en.wikipedia.org/wiki/Pivot_point_(technical_analysis))