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DMK System Thomas DeMark's Sequential Trading System(DanielExtreme) Anyone able to set up a PCF that will capture DeMark's criteria for buys and sells? Myron http://tradertalk.com/tutorial/demark.html A possibel dmk method formula(jnorfy) I looked at the charts and could really pick out a discernable trading technique. however i noticed that when a up moving stock opened below their 18 day and closed above it, there was a run up from there. so i made the following formula, and based on other ind. you can pick the best trades. the 1/4 pt values are to ensure movement in the stock. ((AVGC18 > AVGC40) AND (((O + .25) < AVGC18) AND (O > AVGC40)) AND ((C - .25) > AVGC18)) OR ((AVGC40 < AVGC18) AND (((O - .25) > AVGC18) AND (O < AVGC40)) AND ((C + .25) < AVGC18) please give some feedback on ways to improve this. Try this(Crz4money) ((AVGC18 > AVGC40) AND ((O + .25) < AVGC18) AND (O > AVGC40) AND ((C - .25) > AVGC18)) OR ((AVGC40 < AVGC18) AND ((O - .25) > AVGC18) AND (O < AVGC40) AND ((C + .25) < AVGC180)) I cleaned up the parenthesis, tested it and it works. DanielExtreme(ejr39) Sequential
Trading System A. Buy SetUp PCF (C22 >= C26) AND C22 > C21 AND C22 > C20 AND C22 > C19 AND C22 > C18 AND C22 > C17 AND C22 > C16 AND C22 > C15 AND C22 > C14 AND C22 > C13 PCF: B. Buy CountDown C14 > MAXC12 Myron, I suggest creating a (bulleted) WatchList for the 'Buy SetUp' stocks. The 'Buy CountDown' is useful only on today's list - after that, it's a visual process counting the number of closes lower than the close on day 14. (A trendline drawn horizontal with C14 might aid in the visual process.) Change the > to < for the sell version. Rollin may be able to add a counter (using a loop and if statements) in a VB program. I've pulled a couple of PCFs out of mothballs that maybe useful. Thanks for sharing! |