Is there a lvl2 Tom DeMark points indicator | Forex Factory

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Is there a lvl2 Tom DeMark points indicator

  • #1
  • First Post: Nov 27, 2006 6:19am Nov 27, 2006 6:19am
Hey, is there an indicator that just marks lvl2 Tom DeMark points - the 2 on right and 2 on left points we use for Mouteki?

I just want it to mark it. And I don't know how to program, so if there is one already available, that'd be great.

Thanks


BTW, if anyone can point me to where I _can_ learn to program MetaEditor, all the syntax and stuff, that'd be great. I know how to program just not the metaeditor language (like the language for charting, etc)
  • #2
  • Nov 27, 2006 6:26am Nov 27, 2006 6:26am
Do you mean fractals?

It's already programed into metatrader4. Insert > Indicators > Bill Williams > Fractals
  • #3
  • Nov 27, 2006 12:08pm Nov 27, 2006 12:08pm
Quoting TheWicker
Do you mean fractals?

It's already programed into metatrader4. Insert > Indicators > Bill Williams > Fractals
Haha, thanks. I feel so stupid now.
  • #4
  • Nov 27, 2006 6:23pm Nov 27, 2006 6:23pm
Quoting Skyhr
Hey, is there an indicator that just marks lvl2 Tom DeMark points - the 2 on right and 2 on left points we use for Mouteki?

I just want it to mark it. And I don't know how to program, so if there is one already available, that'd be great.

Thanks


BTW, if anyone can point me to where I _can_ learn to program MetaEditor, all the syntax and stuff, that'd be great. I know how to program just not the metaeditor language (like the language for charting, etc)
This marks candles with red and blue dots - you draw trend line manually.
Attached File(s)
File Type: mq4 Demark_trend_new.mq4   14 KB | 1,630 downloads
carpe dium
  • #5
  • Nov 28, 2006 5:07am Nov 28, 2006 5:07am
Quoting salpoe
This marks candles with red and blue dots - you draw trend line manually.
Yeah, thanks a lot. I searched the forum and found that, too.

I should really get into this Tom Demark and his sequentials and stuff. But I'm trying to read James's stuff first so, I'll do that later.
  • #6
  • Nov 28, 2006 7:07am Nov 28, 2006 7:07am
Quoting Skyhr
Yeah, thanks a lot. I searched the forum and found that, too.

I should really get into this Tom Demark and his sequentials and stuff. But I'm trying to read James's stuff first so, I'll do that later.
the trend line trades work very well (83 percent) when you use other price action confirmation with it...i did testing with and without supporting confirmation. the 83 is with and its 47 percent without.
carpe dium
  • #7
  • Nov 28, 2006 8:43am Nov 28, 2006 8:43am
Quoting salpoe
the trend line trades work very well (83 percent) when you use other price action confirmation with it...i did testing with and without supporting confirmation. the 83 is with and its 47 percent without.
So, what price action confirmation that you use?

Thx,
bcitra
  • #8
  • Nov 28, 2006 6:37pm Nov 28, 2006 6:37pm
Here's the indicators I think you are looking for. If you use the shi channel with it, you will have a better idea if the breakout is real or not. In other words, if the price is at the bottom of the shi channel and it breaks out of the top of the demark indicator, theres a pretty good chance its a real breakout. If it breaks out of the bottom, I would have to sit and watch it.
Attached Image
Attached File(s)
File Type: mq4 SHI_Channel_true.mq4   5 KB | 1,727 downloads
File Type: mq4 TD-DeMark-3-1_eng.mq4   15 KB | 1,870 downloads
  • #9
  • Nov 28, 2006 8:00pm Nov 28, 2006 8:00pm
Quoting Stogie
Here's the indicators I think you are looking for. If you use the shi channel with it, you will have a better idea if the breakout is real or not. In other words, if the price is at the bottom of the shi channel and it breaks out of the top of the demark indicator, theres a pretty good chance its a real breakout. If it breaks out of the bottom, I would have to sit and watch it.
I see, I see. Basically, you're trading Mouteki where the price is breaking towards the middle of the SHI channel (assuming price began from top or bottom) and you don't trade where the price breaks AWAY from the SHI channel.

Am I correct in understanding this?
  • #10
  • Dec 1, 2006 2:00pm Dec 1, 2006 2:00pm
That is correct.


Quoting Skyhr
I see, I see. Basically, you're trading Mouteki where the price is breaking towards the middle of the SHI channel (assuming price began from top or bottom) and you don't trade where the price breaks AWAY from the SHI channel.

Am I correct in understanding this?
  • #11
  • Dec 1, 2006 2:36pm Dec 1, 2006 2:36pm
Is there a specific time frame that you use this channel on? 4 hr channel is kinda big.


Paul
  • #12
  • Dec 12, 2006 11:45pm Dec 12, 2006 11:45pm
Anyone got the e-book from tom demark?

thanks in advance
  • #13
  • Dec 13, 2006 1:06am Dec 13, 2006 1:06am
Which ebook r u lookin for? I have the new science of tech analysis and the day trading options market. I tried to upload them here, but it took forever due to the file size.
  • #14
  • Dec 14, 2006 2:33am Dec 14, 2006 2:33am
do u think u can send to my email instead?

thanks a lot
btw you have any Instant Messenger?

VyNNeR
  • #15
  • Dec 15, 2006 8:35am Dec 15, 2006 8:35am
you can download them both from limewire or most major P2P program.
  • #16
  • Last Post: Jan 2, 2007 1:26pm Jan 2, 2007 1:26pm
i tried limewire but i got no luck searching for the book. Do you think you can be kind enough to send both the ebook to my email? thx ..ill pm you my email
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