Posted by curranjohn on 9th of Dec 2021 at 05:45 pm
Do any of you have experience with the Demark indicator TD
Sequential? I have gone down the rabbit hole trying to
understand it. I understand that you have a sequential setup
on the nine bar followed by a countdown of 13. Support and
resistance are determined by the horizontal TDSD lines. But some
lines are "qualified" and some are disqualified. I don't truly
understand the implications of that. I cannot find information that
clarifies that for me. Some folks have incorporated the
indicator in to their trading as a reversal signal with great
success. I am very curious about it. I like the risk
management aspect of it. Any thoughts are appreciated.
Thx.
edit: I searched the forum and see past discussions. Including
how horrid it has been the last year. :-). Nonetheless I
would not trade on it alone. There is some Canadian fellow Ross
Clark who incorporates it into his approach and made some monster
reversal calls. Still, I would like to understand the
implications of the qualified and disqualified TDSD lines and. In
some case, after 13 count, the TDSD is a magenta hyphenated line
(meaning in the attached example it is a disqualified sell risk).
What does that mean? that the whole setup is invalid?
Like anything it's a tool, treat it like you would any other
indicator where you get your actual trigger from Price action. On
the kiss charts we show the Denmark sequence 9 and 13, price will
often react at those areas but other times it does not, so like
anything if you see the sequence you then take a look at your other
stuff intraday charts other triggers to see if you can get some
sort of confirmation by or so to validate the DeMark
Do any of you have
Posted by curranjohn on 9th of Dec 2021 at 05:45 pm
Do any of you have experience with the Demark indicator TD Sequential? I have gone down the rabbit hole trying to understand it. I understand that you have a sequential setup on the nine bar followed by a countdown of 13. Support and resistance are determined by the horizontal TDSD lines. But some lines are "qualified" and some are disqualified. I don't truly understand the implications of that. I cannot find information that clarifies that for me. Some folks have incorporated the indicator in to their trading as a reversal signal with great success. I am very curious about it. I like the risk management aspect of it. Any thoughts are appreciated. Thx.
edit: I searched the forum and see past discussions. Including how horrid it has been the last year. :-). Nonetheless I would not trade on it alone. There is some Canadian fellow Ross Clark who incorporates it into his approach and made some monster reversal calls. Still, I would like to understand the implications of the qualified and disqualified TDSD lines and. In some case, after 13 count, the TDSD is a magenta hyphenated line (meaning in the attached example it is a disqualified sell risk). What does that mean? that the whole setup is invalid?
Like anything it's a tool,
Posted by matt on 9th of Dec 2021 at 05:54 pm
Like anything it's a tool, treat it like you would any other indicator where you get your actual trigger from Price action. On the kiss charts we show the Denmark sequence 9 and 13, price will often react at those areas but other times it does not, so like anything if you see the sequence you then take a look at your other stuff intraday charts other triggers to see if you can get some sort of confirmation by or so to validate the DeMark
Is the Demark indicator here?
Posted by curranjohn on 9th of Dec 2021 at 06:16 pm
Is the Demark indicator here? Is this the right kiss chart? https://breakpointtrades.com/market_analysis/new_player/?nl_id=5247
it's on there, that's what
Posted by matt on 9th of Dec 2021 at 07:04 pm
it's on there, that's what the 9 and 13 are - for the charts with the 4 time frames on them along with the cycle indicator
Thanks Matt. Do you know
Posted by curranjohn on 9th of Dec 2021 at 06:01 pm
Thanks Matt. Do you know what the qualified vs. unqualified TDSD line mean?