Does anyone use demark indicators ? i am vaguely familiar with them. please tell how useful u found them and in which specific contexts wer they used. Also how r they useful for option trading ?
I have been using DeMark indicators along with other tools for trading . My observation is as under :
1) Sequential and Combo work great on daily timeframes and hourly timeframes but on timeframes less than 1 hour, the accuracy is compromised.
2) Oscillators with their qualifiers work very well.
3) TDST works beautifully in smaller timeframes like 1 /5 or 10 min too....they also work on hourly and daily timeframes....
Once you identify the market direction correctly you can take your trading positions accordingly in options.
Smart_trade