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On Fri, 21 Aug 1998 23:23:48 -0700, you wrote:
>I bought a Metastock formula for the DeMark Indicators from someone several
>years ago, but don't know where I put it after I checked it out. I'll try
>to look through my files and see if I can find anything, but won't promise
>anything.
For Mike Morgan:
TDSeqBuySignal
(C < Ref(C,-4) AND
Ref(C,-1) < Ref(C,-5) AND
Ref(C,-2) < Ref(C,-6) AND
Ref(C,-3) < Ref(C,-7) AND
Ref(C,-4) < Ref(C,-8) AND
Ref(C,-5) < Ref(C,-9) AND
Ref(C,-6) < Ref(C,-10) AND
Ref(C,-7) < Ref(C,-11) AND
Ref(C,-8) < Ref(C,-12) )
TDSeqSellSignal
(C > Ref(C,-4) AND
Ref(C,-1) > Ref(C,-5) AND
Ref(C,-2) > Ref(C,-6) AND
Ref(C,-3) > Ref(C,-7) AND
Ref(C,-4) > Ref(C,-8) AND
Ref(C,-5) > Ref(C,-9) AND
Ref(C,-6) > Ref(C,-10) AND
Ref(C,-7) > Ref(C,-11) AND
Ref(C,-8) > Ref(C,-12) )
For Expert System
Name : ThomasDeMarkSequential
Notes :
TD Sequential Chapter 7, Figures 7.28 - 7.31.
"Sequential" is a Trademark held by Thomas R. DeMark.
"Price Countdown" is a Trademark held by Thomas R. DeMark.
"Price Intersector" is a Trademark held by Thomas R. DeMark.
Idea taken from "The New Science of Technical Analysis" by Thomas R.
DeMark, published by John Wiley & Sons, New York, 1994.
Commentary:
Thomas DeMark Indicator of <Name>(<SYMBOL>)
Writeif( Fml("TDSeqBuySignal" ) ,
"Sequential Setup is at 9 down. The minimum conditions for a valid
'Nine Count' Setup Down have been satisfied.
Expect the market to stabilize or to produce a short term reversal to
the upside. However, unless the market is in a free fall or the
larger trend is up, this reversal should be temporary and the decline
should resume later.
For More Information on the 'DeMark Indicators' contact:
Duane Davis
P.O. Box 736
Fairview, NC 28730
(704) 628-4222 Voice (704) 628-3100 Fax
Important: This commentary is designed solely as a training tool for
the understanding of technical analysis of the financial markets. It
is not designed to provide any investment or other professional
advice.")\
Writeif( Fml( "TDSeqSellSignal" ) ,
"Sequential Setup is at 9 up. The minimum conditions for a valid
'Nine Count' Setup Up have been satisfied. Expect the market to
stabilize or to produce a short term reversal to the down side.
However, unless the market is in a blow off phase or the larger trend
is down, this pullback should be temporary and the advance should
resume later.
For More Information on the 'DeMark Indicators' contact:
Duane Davis
P.O. Box 736
Fairview, NC 28730
(704) 628-4222 Voice
(704) 628-3100 Fax
Important: This commentary is designed solely as a training tool for
the understanding of technical analysis of the financial markets. It
is not designed to provide any investment or other professional
advice."
)
Highlights: (choose the color for yourself)
TDSeqBuySignal : Fml("TDSeqBuySignal")
TDSeqSellSignal : Fml("TDSeqSellSignal")
====================================================
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