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Date/Time: Sun, 24 Nov 2024 07:30:09 +0000



Post From: SC Tom DeMark: Trading the Nines?

[2019-11-08 04:15:05]
User14953 - Posts: 235
Tom, how 'bout doing just this part?
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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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