uh.. resurrection of a dead thread. There's another indicator for TD Sequential on these forums. I believe in the metatrader section. Plus, trying to predict a reversal is IMO riskier than trend following.
[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
Mouteki/Demark Trendlines 18 replies
Anyone following Tom DeMark's methods? 2 replies
DislikedHi,
Can someone who is live trading DMI help in answering the following questions:
1. What are the TP and SL strategies for both the Setup and Countdown?
2. What are the recommended pairs for such reversal anticipatory trading technique? (I know that the obvious answer is all pairs but I have noticed that the technique is not that effective for long smooth directional trends such as the current USD/CAD downtrend).
3. Does it really live up to its reputation of 70%+ success rate?
Appreciating the help.
MajdIgnored
DislikedPerhaps someone with some programming expertise would have a look at this indicator and detect the coding problem, correct it and repost a working version.....
I think you will find this one to be quite impressive except that there is a minor syntax errorIgnored
DislikedPut back the coundown. Everything seems to work on my charts. Added the pefected 13 series rules as well. Countdown only gets interrupted if a flip to the opposite side occurs. Dunno if that's supposed to be ignored tho. I see it is ignored on the other indicators here on this thread. Post problems, bugs, gripes, etc...Ignored
DislikedCan't get the whole understanding of demark TD sequential.... Can anybody make a little bit simpler pls.... for easy understanding...
TQIgnored
DislikedThanks everybody for a quick response... BTW, where can I get the TD lines and TD price projections as mentioned just now...?
Thanks anyway..Ignored