This indicator shows a table in the top right corner with 6 cells. Each cell represent a timeframe and the current ticker's TD setup value for that timeframe. It only works on higher timeframes than what is currently used on the chart, a lower timeframe will show a gray cell and no TD setup value. The timeframes for each cell can be adjusted in settings.
The Range Expansion Index ( REI ) oscillator is based on Tom Demark's studies and described in "DeMark on Day Trading Options" book.
Range Expansion Index is an oscillator which compares current intraday highs and lows with the high and low of two bars ago.
The indicator oscillates between +100 and - 100, Default overbought and oversold conditions are 45/-45...
Inspired by glaz TD-Sequential script I wrote my own to also include the TD-Countdown phase.
It is not perfect by any means yet.
A problem is the 'num_hundreds' function which is needed to calculate the next number in the TD-Countdown phase if the numbers are not sequential. At the moment it can handle max 9 non-sequential bars.
It should need to be...
A version of the TD sequential indicator that also shows the 6/7 level on the chart
You can figure out the count by counting the gray crosses
For barcolor, yellow is a perfected 8-count and Blue is a perfected 9-count
Difference vs. TD Sequential: faster trade exits and a unique entry. Made for low timeframes.
Highs or lows are compared instead of close. Count maxes out at 7 instead of 9.
Version 1.0 does it like this:
S/R on 7 count
Entry on 7 count
Exit on 5 count or S/R cross
Not based off official Tom DeMarke documentation for Aggressive. As such, I have named the...
These are level 2 and level 3 TD pivots. Level 2 and 3 pivots are formed when a local low or high is formed conforming the monotonic patterns described pictorially below:
Level 2 Pivots
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Level 3 Pivots
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The TD Range Projection, sometimes called TD Pivot Points, provides a range
of next session through a simple calculation that uses the open, high, low
and close of the previous session.
This indicator developed by Tom DeMark gives different weight to a minimum
or maximum depending on the trend of the previous session. Thus, if the previous
I am a big fan of Thomas DeMark, he is like an inspiration to me,
The way he has done extensive technical analysis research and tried to formalize it in a standard approach is what i like the most about him.
About This Indicator!
It is difficult to formalize the right choice of points in the construction of trend lines. If you asked three experienced traders to...
This script is an oscillator, which is an extrapolation of Tom Demark Sequential (TD Sequential) data from 9 different time-frames.
It counts Perfected 8+9, 10+13, Combo/Aggr 10+13 Buy and Sell Signals across these 9 timeframes
From this count, The Buys and Sells are totaled, and calculated by subtracting one from the other, creating an
arbitrary value or...
MATHR3E REI is an indicator based on TD Range Expansion Index developed by Thomas Demark.
This indicator is also combined with TD POQ from the same author.
TD REI is an oscillator that was created to link the price of a given day to that of two previous days.
It helps to identify prospective reversals relative to overbought and oversold zones:
- When the TD REI...
TD Points are used to draw TD Lines also known as Demark's Trend Lines.
There are two types of TD Points-
1. TD supply points- A bar with a maximum price higher than the maximum prices of the previous and subsequent bars. Downward trend lines are drawn through the highs of such bars.
2. TD demand points- A bar with a minimum price below the minimum price of the...