DeMark Indicators - modified version.
By Roger Pid
Contains the traditional 13, combination 13, and aggressive 13 countdown indicators with setup trend lines.
The logic contained herein is a modified version of the orginal work of Tom DeMark as specified in the following publication:
The programming herein is based on...
The Setup Indicator was created by Tom Demark and this is one of many steps in his Sequential Indicator that I will be publishing at a later date. You guys all seemed to really like my Demark Reversal Points script and this indicator is very similar to that one. This indicator was designed for minor trend reversals and as you can see in my example chart, it...
Indicator identifies potential price trend exhaustion.
Compares this period against the 4th prior period for the condition.
9 periods (or more) with the same condition is an indicator that the trend is ending soon.
As far as I am aware this is an correct implementation of the Demark pressure ratio , I came across this indicator through lazy bear but the script from him is no longer accessible. The indicator seems good at finding market turning points.
This is the first script I publish. Be harsh.
About the indicator : I learned about it yesterday, it's a quite safe indicator since the condition countdown = 13 doesn't happen very often.
Numbers above chart are setup numbers
Big numbers below the chart are countdown Numbers.
Green : buy setup
Orange : sell setup
green star : sucessful buy intersection
Others have published the DeMarker indicator, but with strange styles that make it difficult to read.
I found myself needing to customize my own DeM to be easily readable and pleasant to look at.
I have decided to publish my own version because I believe it is more standard and useful than others I could find.
This DeMarker indicator includes a moving average to...
This is my first strategy. Be harsh. Disclaimer : I am a beginner in trading.
We will focus on eth/btc market.
It is based on Tom Demark's buy/sell setups and countdowns indicator that I published earlier, so I will not re-explain the indicator here.
At first I couldn't make it successful. The countdowns and setups alone aren't enough. I tried several things and...
This script uses @cheatcountry script to calculate Demark Reversal Points.
Backtest offers 3 capital management tools. One that will always calculate order size as initial capital/close, one that uses the same calculation but adds or substracts profit. The last one allows you to enter manually the size you want to trade.
Green and red horizontal lines are...
Inspired by glaz TD-Sequential script I wrote my own to also include the TD-Countdown phase.
It is not perfect by any means yet.
A problem is the 'num_hundreds' function which is needed to calculate the next number in the TD-Countdown phase if the numbers are not sequential. At the moment it can handle max 9 non-sequential bars.
It should need to be...
Multi Timeframe TD sequential
- Above candles: The sequential for the time frame you're currently on.
- Below the price: Daily sequential no matter what time frame you're on
- Below price in a label: Weekly sequential no matter what price you're on. (This only shows 7, 8 & 9's not not clutter the chart too much)
- (For a green count) The numbers increase from...
This script is based on CD DeMark Range Expansion V1.
It works by taking the range of the last day, multiplying it by 0.38 and 0.62 a projecting them from the opening of the current day, both in the up and down directions. You can configure it to use the range of the day, the week, or whatever. You can also hide other values and display only in the current day,...
MATHR3E D-MA is an indicator based on TD moving average (I) and (II) developed by Thomas Demark.
The indicator is useful in determining if a market is trending, and, if so, in providing entry points to initiate a trade in line with the expected directional move.
As with all the Thomas Demark indicators, this study is based on relative price action, and so you...
DeMark Sequential Indicator,Developed by industry legend, Tom DeMark, over the course of his nearly 50-year career, the DeMARK Indicators offer an incomparable approach to those seeking a deeper, more comprehensive understanding of the financial markets. Unlike other methods, these proprietary studies are designed to identify potential price moves before the...
TD Countdown is the "Second Phase" of a TD Sequential.
The idea is that a TD Sequential 8 or 9 with a proper new low signal provides good odds for reversal
If that reversal doesn't happen, that's when the TD countdown happens. TD countdown waits for 13 more new lows (basically) before expiring. Once the TD countdown expires, the odds for reversal will be even...