best to google it but otherwise here's a scan that should be
obvious. You can count the sequence in an uptrend or a downtrend.
It's widely used in industry for years. Basically a Demark 9
uptrend would be 9 consecutive closes that are greater than the
close 4 days ago, and inverse for down moves. 9 is the one that is
mostly used, however 13 is another one that is harder to trigger
because you need to have this sequence 13 times
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
best to google it but
KISS charts comments
Posted by matt on 27th of Jun 2022 at 10:19 am
best to google it but otherwise here's a scan that should be obvious. You can count the sequence in an uptrend or a downtrend. It's widely used in industry for years. Basically a Demark 9 uptrend would be 9 consecutive closes that are greater than the close 4 days ago, and inverse for down moves. 9 is the one that is mostly used, however 13 is another one that is harder to trigger because you need to have this sequence 13 times