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Date/Time: Sun, 24 Nov 2024 07:59:09 +0000



Post From: SC Tom DeMark: Trading the Nines?

[2019-10-15 04:05:07]
User14953 - Posts: 235
Might it be possible to roll out an implimentation of the parameters below exclusively, if they are not in dispute? Interested traders could get experience with The DeMark 9-Count Setup.
Further development would be for others to request.
Thanks

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A DeMark 9-Count Setup consists of the following:

_A series of nine consecutive bars that close higher or lower than the close 4 bars earlier.

_9 consecutive closes “higher” than the close 4 bars prior is a “sell setup” and 9 consecutive closes “lower” than the close 4 bars prior is a “buy setup.”

_Numbers 1 through 9 are placed above each qualifying bar's highs, or below each qualifying bar's lows.
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"Perfected Setup" Parameters Below are Not required on my behalf. Further development is for others to request.

_A “sell setup” is “perfected” when the the high of bars 6 and 7 in the count are exceeded by the high of bars 8 or 9, the reverse of which is a “buy setup” "perfected".
Date Time Of Last Edit: 2019-10-15 04:05:41