MATHR3E
Education

#DeMARK #Sequential Tutorial 1

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Note:
This tutorial is based on the comments made in Jason Perl's book DeMARK Indicators.
I strongly recommend you to read this book if you want more in-depth knowledge.
I publish this tutorial for educational purposes only



TD Setup

TD Setup is the first component of TD Sequential. It determines whether a market is likely to be confined to a trading range or starting a directional trend.
TD Setup works in either direction: It consists of a nine consecutive closes; each one than the corresponding close four bars earlier.
In the TD+ Enhanced Sequential indicator, TD Setup is represented by numbers from 1 to 9.


1. Bullish case ( TD Buy Setup)

# Definition:
  • Step1: Bearish TD Price Flip.
    The prerequisite for a TD Buy Setup is a Bearish TD Price Flip, which indicates a switch from positive to negative momentum.
    TD Price Flip is bar 1 (Red) out of 9.
  • Step2: TD Buy Setup
    After a bearish TD Price Flip, there must be nine consecutive closes; each one less than the corresponding close four bars earlier.

# TD Buy Setup “Perfection”:
The low of bars eight or nine of the TD Buy Setup or a subsequent low must be less than, or equal to, the lows of bars six and seven of the TD Buy Setup
How to differentiate perfected and unperfected Buy Setup within TD+ Enhanced Sequential Indicator:
  • Perfected Buy Setup is a RED character '9'
  • Unperfected Buy Setup is a GRAY character '9'

# Interruption of a TD Buy Setup:
If, at any point, the sequence is interrupted, the developing TD Buy Setup will be canceled and must begin anew.


2. Bearish case ( TD Sell Setup)

# Definition:
  • Step1: Bullish TD Price Flip
    The prerequisite for a TD Sell Setup is a Bullish TD Price Flip, which indicates a switch from negative to positive momentum.
    TD Price Flip is bar 1 (Green) out of 9
  • Step2: TD Sell Setup
    After a Bullish TD Price Flip, there must be nine consecutive closes; each one greater than the corresponding close four bars earlier.

# TD Sell Setup “Perfection”
The high of TD Sell Setup bars eight or nine or a subsequent high must be greater than, or equal to, the highs of TD Sell Setup bars six and seven
How to differentiate perfected and unperfected Buy Setup within TD+ Enhanced Sequential Indicator:
  • Perfected Sell Setup is a GREEN character '9'
  • Unperfected Sell Setup is a GRAY character '9'

# Interruption of a TD Sell Setup
If at any point, the sequence is interrupted, The developing TD Sell Setup will be canceled and must begin anew.


This completes the first tutorial. More to come.
Also check my profile to access more content.

Take care
MATHR3E
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