DeMark Indicators (ADVANCED) | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Mouteki/Demark Trendlines 19 replies

[Book Discussion] Thomas R Demark - New Science of Technical Analysis - Chapter 1 30 replies

DeMark Indicators 34 replies

modify Mouteki/ Demark _trend _new indicator? 62 replies

Anyone following Tom DeMark's methods? 2 replies

Attachments: DeMark Indicators (ADVANCED)
Exit Attachments

DeMark Indicators (ADVANCED)

  • #81
  • Oct 18, 2006 10:37pm Oct 18, 2006 10:37pm
Please check out EA factory.



Quoting arijitd
Can anyone please help me to find the link to download the indicator. I am not able to find the download link..
Target: Trading naked.
  • #82
  • Oct 20, 2006 12:38am Oct 20, 2006 12:38am
Excuse me all,

Maybe i'm late from the info. Could anyone tell me how to get the indicator for EMA, SMA and WMA? In metatrader,there's only MA.

thnx a lot!!
Forex has never been this SO exciteD !!
  • #83
  • Oct 20, 2006 9:53am Oct 20, 2006 9:53am
When you click on the "Moving Average" indicator it will bring up a dialog box. Under the "Parameters" tab there will be a drop down box called "MA Method". Click on this box and it will allow you to choose what type of MA you want. Simple would be a SMA, Exponential would be an EMA, etc.
  • #84
  • Oct 20, 2006 10:12am Oct 20, 2006 10:12am
Quoting SunTrader
I trade whatever moves.

I heard a turtle moves

But anyways, I have been using demark for quite sometime, with 70% accuracy, but when combined with wolf it gives 80% accuracy, because I do not use the entire wolf method, just the square lines it draws to predict the next wave formation which is almost everytime accurate prediction.
  • #85
  • Oct 20, 2006 11:15am Oct 20, 2006 11:15am
JungleLion, I am not familair withy the WOlf methiod, Can you elaborate a bit? Also, do you use the Mouteki method for lines and trades? Thanks!

BTW, what ever happened to the Jungle Lion method - I found that thread interesting - you can PM me details on that.

Thanks!
Believe and Achieve!
  • #86
  • Oct 23, 2006 8:53pm Oct 23, 2006 8:53pm
"the entire wolf method" By this are you refering to Wolfe Wave? And if so what "square lines" are you talking about because Wolfe Waves have converging not square lines. If wolf method is something else completely, please elaborate.
  • #87
  • Nov 20, 2006 12:02am Nov 20, 2006 12:02am
Here's the rules that were in the PDF's. Plz elaborate if I'm wrong. For Sell Setup, reverse the arrows.

Buy Setup

Price Flip: close[i] >= close[i+4]
Setup: close[i] < close[i+4]; consecutively, numbered 1-9
"Perfected" Setup: the low of bar 8, 9, or "10" must be < bar 6 and 7
Countdown: Begins on 9th Setup bar. close[i] <= close[i+2]; non-consecutively, numbered 1-13

As for signal display, I don't think using a box would be a good idea. You might want to know how far a trend has gone. I'm opting to use dots, like the parabolic sar, but colored. Red, green, orange. And 3 different kinds of arrows to mark 9's, perfect 9's, and 13's.
  • #88
  • Nov 20, 2006 2:16am Nov 20, 2006 2:16am
info on the wolfe wave

http://www.forexfactory.com/forexfor...&goto=lastpost
  • #89
  • Edited 8:30pm Nov 20, 2006 8:10pm | Edited 8:30pm
That Tom DeMark is a freakin' genius. A glancing "backtest" looked good. I completed a releasable indicator just using the rules from the pdf, so here it is.

Note that a perfect 9 is larger and in bold. arrows mark all nines. And I'm aware that the numbers don't look right on some timeframes.
Attached File(s)
File Type: mq4 cTD Sequential.mq4   5 KB | 3,728 downloads
  • #90
  • Nov 20, 2006 8:22pm Nov 20, 2006 8:22pm
The black line is just a trend line i drew in. was wondering if using a wolf wavish line to predict the projected price was possible with TD Trend lines.
Attached Image
  • #91
  • Nov 21, 2006 9:00am Nov 21, 2006 9:00am
You could use a Wolfe Wave (if Present) to calculate objective but how Tom DeMark uses his TD Lines to project where market may go to is: for an upside target take the amount calculated from lowest low underneath Supply Line and the same point on the line itself, and then add that amount to breakout point at the line. Naturally reverse for downside target.

In other words if trendline is drawn from 100 to 50 and lowest low underneath the line is 47.50 and straight above this low the line is at 77.50 then add 30.00 to breakout point (say 53.00) crossing back above trendline. So target would be $83.00 Like any projection, it is not always hit.

Please note that in his books he has 4 different trendline qualifiers. One of the best trading investments I have ever made was getting all three of his books.
  • #92
  • Nov 21, 2006 7:51pm Nov 21, 2006 7:51pm
thx for the nfo. the indicator makes those calculations, so i dont have to. anyways, how do u use the td sequential?

Follow arrows?! I mean, a trend will go on until it hits 9 bars. but just because you see a one, doesn't mean that its still early to enter a trade. if a 9 series doesn't complete, the indicator will erase previous numbers. Just like it sez on the pdf's. and just because it completes a 9 series. it might not go the opposite direction, u might just trap urself in a sideways channel for a bit if you take a position. i dunno.

scuse the engrish.
  • #93
  • Nov 22, 2006 10:10am Nov 22, 2006 10:10am
I only use TD Sequential through to countdown (13 count) and wait for a price flip (C>C[4] for upside, vice versa for downside) on timeframe 15 minutes or higher. As well as look for other confirming indicators / price levels.
  • #94
  • Nov 22, 2006 12:27pm Nov 22, 2006 12:27pm
Suntrader,

Would you kindly post the indicator you use? There seem to be several. Thanks.

Quoting SunTrader
I only use TD Sequential through to countdown (13 count) and wait for a price flip (C>C[4] for upside, vice versa for downside) on timeframe 15 minutes or higher. As well as look for other confirming indicators / price levels.
"Loss and failure are inevitable but misery is optional"
  • #95
  • Nov 22, 2006 4:01pm Nov 22, 2006 4:01pm
Carmel,


I would if I could. The version I use I bought from Tom DeMark years ago. It is for Tradestation and its code is source-protected.

Sun
  • #96
  • Nov 22, 2006 4:09pm Nov 22, 2006 4:09pm
Quoting SunTrader
Carmel,


I would if I could. The version I use I bought from Tom DeMark years ago. It is for Tradestation and its code is source-protected.

Sun
Can u post a few pics of EurUsd or UsdJpy on 15min, and 4 hour? And make sure the time frame is visible? I just wanna match up my indicator to the original and see how well it fairs.
  • #97
  • Nov 22, 2006 4:48pm Nov 22, 2006 4:48pm
Fixed a few display issues. Took out the countdown for now. Until it actually works.
Attached File(s)
File Type: mq4 cTD Sequential.mq4   5 KB | 2,770 downloads
  • #98
  • Nov 22, 2006 11:03pm Nov 22, 2006 11:03pm
Can't post chart images with this 600x600 size limitation

But today on EURUSD 15min TD Sequential setup started at 630am bar#1 and completed at 830am bar#9. Presently countdown is at 12 and awaiting bar#13 needing a close above bar#8 close which is 1.2948, that is as long as there isn't a recycle before that point.

On 240min the latest sell setup started 500am 11/9/06 bar#1 and completed 1pm 11/10/06 and then a countdown completed on 900pm 11/21/06. Since EURUSD has kept rising a new setup will now recycle the setup/countdown in place because at present there are 8 of the 9 bars already, and the final bar will be 100am thursday morning if it closes 1.2918

Thats it for now. I'll try maybe to post (zip) some charts next week.
  • #99
  • Nov 22, 2006 11:24pm Nov 22, 2006 11:24pm
I think I'm getting different results, but I'll wait for the pictures.
  • #100
  • Nov 30, 2006 5:59pm Nov 30, 2006 5:59pm
Quoting ch33z3
That Tom DeMark is a freakin' genius. A glancing "backtest" looked good. I completed a releasable indicator just using the rules from the pdf, so here it is.

Note that a perfect 9 is larger and in bold. arrows mark all nines. And I'm aware that the numbers don't look right on some timeframes.
Hi ch33z3,

I'm quite impressive with TD sequential method. I just downloaded the file u attach here and trying to apply. But i'm kinda confused. Is it different between the one u attach here and TD sequential 2?
1 trader viewing now