This is the version of the demarker I use to trade, I think think it is originally based off of /u/hpotter's work (which is obviously based off of the work of Tom DeMarker) but I have added some things - most usefully in my opinion, the ability to highlight areas of low and high volatility.
These signals require the previous bar to close above or below the...
A version of the TD sequential indicator that also shows the 6/7 level on the chart
You can figure out the count by counting the gray crosses
For barcolor, yellow is a perfected 8-count and Blue is a perfected 9-count
After a couple of years studying the works of Thomas DeMark i put two indicators together.
The first is a trendindicator DeMarker I and the second is the Bressert trading cycles.
This will help to start and stop a long or short position.
When red and green cross each other, that will be the signal to start.
Work on top of a great lazy bear script , here you can quite easily see where the close price lies compared to the channels . You can turn on displaying the high low as well which allows you to see where wicks went.
please remember to thank lazy bear
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
"Broadly speaking, if the market is advancing as part of a bullish
TD D-Wave up sequence, then the RSI should remain above 40
during corrective setbacks for TD D-Waves 2 and 4.
Similarly, if the market is declining as part of a bearish TD D-Wave
down sequence, then the RSI should remain beneath 60 during
corrective rallies for TD D-Waves 2 and 4" - Demark...
* Best used with CM_Ult_MacD_MTF and Triple RSI & Divergence for confluence/confirmation
Nothing special from the original DeMarker script. I've simply added color coded background for visual confluence of CM_Ult_MacD_MTF and Triple RSI & Divergence indicators. Can also be used to catch pivot changes with divergence.
dmark > 0.75 =...
TD Points are used to draw TD Lines also known as Demark's Trend Lines.
There are two types of TD Points-
1. TD supply points- A bar with a maximum price higher than the maximum prices of the previous and subsequent bars. Downward trend lines are drawn through the highs of such bars.
2. TD demand points- A bar with a minimum price below the minimum price of the...
A thin stripe means the 9 consecutive bar setup is complete (each bar closes lower than the low 4 bars ago for buy setups, the reverse for sell setups).
The medium stripe increases in length as the count to 13 starts (each time a bar closes below the low 2 bars ago the counter is incremented).
When the count reaches 13 the signal is printed (thickest...