Demark Pivot Points start with a different base and use different formulas for support
and resistance. These Pivot Points are conditional on the relationship between the
close and the open.
You can change long to short in the Input Settings
- For purpose educate only
- This script to change bars colors.
Work on top of a great lazy bear script , here you can quite easily see where the close price lies compared to the channels . You can turn on displaying the high low as well which allows you to see where wicks went.
please remember to thank lazy bear
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
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 is a combo DeMark indicator.
For Buy signals, the setup is 9 consecutive periods closing below the low 4 periods previous. Then it does a countdown of 13 periods where the close is below the low 2 periods previous. Then it prints a Buy signal.
For Sells the opposite rules apply.
Demarker is an indicator similar to DM+ developed by Welles Wilder.
The DM+ (a part of Directional Movement System which includes both
DM+ and DM- indicators) indicator helps determine if a security is
"trending." The differences between the indicators are in the somewhat
different calculation methods.
A thin stripe means the 9 consecutive bar setup is complete (each bar closes lower than the low 4 bars ago for buy setups, the reverse for sell setups).
The medium stripe increases in length as the count to 13 starts (each time a bar closes below the low 2 bars ago the counter is incremented).
When the count reaches 13 the signal is printed (thickest...