TD Demand Point

January 2nd, 2011, 09:23 PM

Hi,

I'm trying to code a TD Demand Point but not sure how to go about doing so.

A Level 1 TD Demand Point is defined as a low which has a higher low on either side of it and a Level 3 TD Demand Point is defined as a low which has 3 higher lows on each side of it.

So, in the first scenario, Close[1] < Close[2] && Close[1] < Close[0] and
in the second scenario Close[3] is < Close[0], Close[1], Close[2], Close[4], Close[5] and Close[6].

I would like to code it where I can determine the Level and the code does the rest.

Could anyone help?

Regards

Kay Wai

January 2nd, 2011, 09:39 PM

add swing indicator twice, set it to swing(1) and swing(2)

January 3rd, 2011, 12:39 AM

will try that. thanks!

January 25th, 2011, 11:59 PM

Swing is not what I was looking for. Let me explain it further what I am trying to achieve. For example for a DemandPoint Level 1, my code would be something like this:-

if (Close[1] < Close[0] && Close[1] < Close[2])
{
DemandPoint = true;
}

AND for a DemandPoint Level 3

if (Close[3] < Close[0] && Close[3]< Close[1] && Close[3] < Close[2] &&
Close[3] < Close[4] && Close[3] < Close[5] && Close[3] < Close[6])
{
DemandPoint = true;
}

How can I code it in such a way that by altering the DemandPoint Level variable, I am able to obtain other alternative scenarios like DemandPoint Level 5 or DemandPoint Level 6, where the bool DemandPoint is true without having to have type out the if condition in full?

January 26th, 2011, 12:49 AM

you have been working on this for a whole year. Was you able to code any of demark's setup?

January 26th, 2011, 05:40 AM

cory, demark's setup is all good now. this is another indicator from TD - TD Lines

January 26th, 2011, 11:40 AM

kaywai

Hi,

I'm trying to code a TD Demand Point but not sure how to go about doing so.

A Level 1 TD Demand Point is defined as a low which has a higher low on either side of it and a Level 3 TD Demand Point is defined as a low which has 3 higher lows on each side of it.

So, in the first scenario, Close[1] < Close[2] && Close[1] < Close[0] and
in the second scenario Close[3] is < Close[0], Close[1], Close[2], Close[4], Close[5] and Close[6].

I would like to code it where I can determine the Level and the code does the rest.

Could anyone help?

Regards

Kay Wai

If you want to compare Low[*], then why are you testing Close[*] ??

Jon

January 26th, 2011, 11:42 AM

kaywai

cory, demark's setup is all good now. this is another indicator from TD - TD Lines

you should be able to re-use the code from a working indicator.

January 26th, 2011, 08:40 PM

jon, you are correct!. it should be Lows compared with Lows. Thx!

cory, I have been searching in my midst of coding other TD indicators but have not come across anything that will help me determine the points. drawing the initial line should be fine though there are rules there too.

TD Demand Point

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TD Demand Point