NexusFi: Find Your Edge


Home Menu

 





Demark Indicators part 1 - TD Setup


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one kaywai with 5 posts (1 thanks)
    2. looks_two fluxsmith with 4 posts (4 thanks)
    3. looks_3 javaAl with 3 posts (1 thanks)
    4. looks_4 sharky with 3 posts (3 thanks)
      Best Posters
    1. looks_one fluxsmith with 1 thanks per post
    2. looks_two sharky with 1 thanks per post
    3. looks_3 cbratton with 1 thanks per post
    4. looks_4 Markus with 1 thanks per post
    1. trending_up 82,701 views
    2. thumb_up 11 thanks given
    3. group 12 followers
    1. forum 29 posts
    2. attach_file 10 attachments




 
Search this Thread

Demark Indicators part 1 - TD Setup

  #1 (permalink)
kaywai
singapore
 
Posts: 131 since Nov 2009
Thanks Given: 11
Thanks Received: 7

Anybody want to have a go at creating a set of Demark indicators for ninjatrader? we could start with TD Setup which is a initial part of TD Combo and TD Sequential.

For a TD Buy Setup, the close of the current bar must be lower than the close of 4 bars ago. A completed TD Buy Setup must have 9 consecutive closes, each one lower than the corresponding close 4 bars earlier. Ideally after every valid count, it prints a number below the corresponding bar.

A TD Sell Setup is the reverse. The close of the current bar must be greater than the close of 4 bars ago, and a completed TD Sell Setup must have 9 consecutive closing bars, each one greater than the corresponding close 4 bars earlier. Ideally after every valid count, it prints a number above the corresponding bar.

If at any point this sequence is interrupted before the completion of its 9 count, the sequence is cancelled and must begin anew.

Upon the completion of its 9 counts, a look-back over the past 9 bars + the close of the 10th bar is done. For a TD Buy Setup, a line is drawn, commencing from the highest point of those bars in question. This line extends until another TD Buy Setup is completed. For a TD Sell Setup, a line is drawn, commencing from the lowest point of those bars in question. This line extends until another TD Sell Setup is completed. These lines are known as TDST lines and can only be drawn upon completion of a TD Buy/Sell Setup.

Is this enough information to kick-off the creation of this indicator? Upon completion of this part of the indicator, we can move on to the TD Countdown.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Futures True Range Report
The Elite Circle
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
  #2 (permalink)
 cbratton 
Cebu, Philippines
 
Experience: Advanced
Platform: NinjaTrader
Trading: Emini ES
Posts: 71 since Oct 2009
Thanks Given: 128
Thanks Received: 118

I found these Demark indicators on Ninja support forum. Maybe they could be modified and improved.

>> Demark - Sequential - REI - Wave -

Attached Files
Elite Membership required to download: DemarkSequential.zip
Elite Membership required to download: DemarkREI.zip
Elite Membership required to download: DemarkREI2.zip
Elite Membership required to download: DemarkWave.zip
Elite Membership required to download: DemarkerIndicator.zip
Reply With Quote
Thanked by:
  #3 (permalink)
 
yuri's Avatar
 yuri 
Minnesota
 
Experience: Beginner
Platform: NinjaTrader
Posts: 26 since Jun 2009
Thanks Given: 99
Thanks Received: 8


Thank you cbratton....

Reply With Quote
  #4 (permalink)
kaywai
singapore
 
Posts: 131 since Nov 2009
Thanks Given: 11
Thanks Received: 7

Thanks Cbratton. I had actually downloaded these previously. I have no programming experience but was looking to create a series of demark indicators that everyone can use without having to understand the parameters that are in the script. These would be the default settings as prescribed by Mr Demark.

I was hoping on improving the TD Sequential Indicator available in the forums but the lack of programming knowledge prohibits me from achieving that goal. And working with someone to achieve that goal was the next best option.

Reply With Quote
  #5 (permalink)
SMuhr
Paris
 
Posts: 2 since Dec 2009
Thanks Given: 0
Thanks Received: 0


kaywai View Post
Thanks Cbratton. I had actually downloaded these previously. I have no programming experience but was looking to create a series of demark indicators that everyone can use without having to understand the parameters that are in the script. These would be the default settings as prescribed by Mr Demark.

I was hoping on improving the TD Sequential Indicator available in the forums but the lack of programming knowledge prohibits me from achieving that goal. And working with someone to achieve that goal was the next best option.

If you are still interested, contact me : steven.muhr[AT]gmail.com

Regards,
Steven

Reply With Quote
  #6 (permalink)
calvinnguyen
Hanoi, Vietnam
 
Posts: 1 since Jul 2010
Thanks Given: 0
Thanks Received: 0

Hi Guys, I am cooperating with my IT Programmer to create a series of Demark Indicators.

Can I join with you guys to create these indicators?

Thanks a lot

Reply With Quote
  #7 (permalink)
kaywai
singapore
 
Posts: 131 since Nov 2009
Thanks Given: 11
Thanks Received: 7

happy to discuss. tell me how i can help.

Reply With Quote
  #8 (permalink)
lektakchi
Thailand
 
Posts: 1 since Aug 2010
Thanks Given: 0
Thanks Received: 0

i can not use it you can send this indicator in MQ4 for me this my mail : [email protected]


thk. for all

Reply With Quote
  #9 (permalink)
 fluxsmith 
Santa Maria
 
Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
Broker: Mirus/Zen-Fire
Trading: ES
Posts: 290 since May 2010
Thanks Given: 97
Thanks Received: 322


kaywai View Post
Anybody want to have a go at creating a set of Demark indicators for ninjatrader? we could start with TD Setup ...

I realize this is a very old thread, but it caught my eye as a method I could write an ATS for. I've done that and it backtests quite profitably, sim and live is next.
I wrote the attached indicator after writing the ATS in order to verify its entries. As I'd never heard of these before, I'd appreciate it if someone with an interest in them would validate this, after which I'll post it to the downloads area. (NT7)

Thank you!

Update: The indicator is now available in the downloads section:


It was changed to render as dots per sharky's suggestion.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #10 (permalink)
 
sharky's Avatar
 sharky 
MIAMI,FL
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906


this plots in nt7 fine it plots the consolidation from the past and draws your next support zone very very nice this is actually the only indicator any one needs to be a good trader if you just study price and learn to look left on your chart, thank you for posting this indicator zeller and i have been working on something along the same lines i guess we can stop now lol, thanks again great,great indicator i would sugest changing it from line to dot size 2...sharky

in the pic its the dark green and dark red dots

KILLING THE MARKETS DAILY
Attached Thumbnails
Click image for larger version

Name:	s_r.png
Views:	630
Size:	78.7 KB
ID:	18080  
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on September 14, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts