Hi, im looking for help to create Tom Demark Camoflage indicator. Demark suggests to use it with Sequential or COMBO indicator for entrys. http://www.marketstudies.com/cm/content/camouflage.asp
Requirements for a TD Camouflage Buy entry
1. The close of the current price bar must be below the close of the previous
price bar.
2. The close of the current price bar must be above the open of the current
price bar and the low of the current price bar must be lower than true low
two price bars earlier.
Requirements for a TD Camouflage Sell entry
1. The close of the current price bar must be above the close of the previous
price bar.
2. The close of the current price bar must be below the open of the current
price bar open and the high of the current price bar high must be above the
true high two price bars earlier.
Okey i hope that someone can help.
Requirements for a TD Camouflage Buy entry
1. The close of the current price bar must be below the close of the previous
price bar.
2. The close of the current price bar must be above the open of the current
price bar and the low of the current price bar must be lower than true low
two price bars earlier.
Requirements for a TD Camouflage Sell entry
1. The close of the current price bar must be above the close of the previous
price bar.
2. The close of the current price bar must be below the open of the current
price bar open and the high of the current price bar high must be above the
true high two price bars earlier.
Okey i hope that someone can help.