DeMark Indicators - Trading-Lab

Leth · #1 02-17-2008, 05:52 PM

I didnt realize how many professional funds trade using DeMarks Indicators.

http://www.tomdemark.com/

anyways...thought I would pass it along.

aiki14 · #2 02-23-2008, 01:03 AM

Great article in Trader Monthly on Mr. Demark. The issue that came yesterday which is Feb/Mar, page 46. He is only serving one client currently but his list of former clients is a who's who of uber investors.

aiki14 · #3 02-23-2008, 02:03 AM

In case any one wants a little more info, I found this. I am not a program trader and can't decipher the code, but I'll bet someone here can explain it:

The DeMark indicator is an attempt to overcome the shortcomings of classical overbought / oversold indicators. In Forex The DeMarker Indicator identifies potential price bottoms and tops. It accomplishes this by making price comparisons from one bar to the next and measuring the level of price demand

here is the formula
highm = IIF( H > Ref( H, -1 ), H - Ref( H, - 1), 0 );
lowm = IIF( L < Ref( L, -1 ), Ref( L, - 1 ) - L, 0 );

Tom D = 100 * Sum( highm, 13 )/( Sum( lowm, 13 ) + Sum( highm, 13 ) );

Soverus Khan · #4 02-23-2008, 03:14 AM

Great stuff Aiki. Are you back from Maui or posting in shorts?

aiki14 · #5 02-23-2008, 12:00 PM

Quote:

Originally Posted by Soverus Khan

Great stuff Aiki. Are you back from Maui or posting in shorts?

I don't leave for Maui til tomorrow, so it's sweat's at least until then.

aiki14 · #6 04-08-2008, 12:34 AM

Here are Tom Demarks "pivot points", which are really not pivot points but resistance indicators.
041404_2.gif

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#1 02-17-2008, 05:52 PM
Leth Super Moderator Join Date: Oct 2007 Posts: 621	DeMark Indicators I didnt realize how many professional funds trade using DeMarks Indicators. http://www.tomdemark.com/ anyways...thought I would pass it along. __________________ Nothing is more difficult than the art of maneuvering for advantageous positions. - Sun-Tzu Trade with the trend, Ride winners, Cut losers, Keep bets small, Use Stops - Old School

#2 02-23-2008, 01:03 AM
aiki14 Member Join Date: Jan 2008 Location: Philly Burbs, PA Posts: 82	Great article in Trader Monthly on Mr. Demark. The issue that came yesterday which is Feb/Mar, page 46. He is only serving one client currently but his list of former clients is a who's who of uber investors. __________________ I read somewhere that 77 per cent of all the mentally ill live in poverty. Actually, I'm more intrigued by the 23 per cent who are apparently doing quite well for themselves. --Jerry Garcia The idea is to try to give all the information to help others to judge the value of your contribution; not just the information that leads to judgment in one particular direction or another. --Richard P. Feynman

#3 02-23-2008, 02:03 AM
aiki14 Member Join Date: Jan 2008 Location: Philly Burbs, PA Posts: 82	In case any one wants a little more info, I found this. I am not a program trader and can't decipher the code, but I'll bet someone here can explain it: The DeMark indicator is an attempt to overcome the shortcomings of classical overbought / oversold indicators. In Forex The DeMarker Indicator identifies potential price bottoms and tops. It accomplishes this by making price comparisons from one bar to the next and measuring the level of price demand here is the formula highm = IIF( H > Ref( H, -1 ), H - Ref( H, - 1), 0 ); lowm = IIF( L < Ref( L, -1 ), Ref( L, - 1 ) - L, 0 ); Tom D = 100 * Sum( highm, 13 )/( Sum( lowm, 13 ) + Sum( highm, 13 ) ); __________________ I read somewhere that 77 per cent of all the mentally ill live in poverty. Actually, I'm more intrigued by the 23 per cent who are apparently doing quite well for themselves. --Jerry Garcia The idea is to try to give all the information to help others to judge the value of your contribution; not just the information that leads to judgment in one particular direction or another. --Richard P. Feynman

#4 02-23-2008, 03:14 AM
Soverus Khan Senior Member Join Date: Dec 2007 Posts: 306	Great stuff Aiki. Are you back from Maui or posting in shorts?

#6 04-08-2008, 12:34 AM
aiki14 Member Join Date: Jan 2008 Location: Philly Burbs, PA Posts: 82	Here are Tom Demarks "pivot points", which are really not pivot points but resistance indicators. 041404_2.gif __________________ I read somewhere that 77 per cent of all the mentally ill live in poverty. Actually, I'm more intrigued by the 23 per cent who are apparently doing quite well for themselves. --Jerry Garcia The idea is to try to give all the information to help others to judge the value of your contribution; not just the information that leads to judgment in one particular direction or another. --Richard P. Feynman