Thomas DeMark Sequential System

A

Apurv7164

Well-Known Member
#151
#151
Folks,

While reading one of the magazine I found below mentioned stuff from TD.

Buy Precondition:
1. Previous days close < Close day before it's four trading ago i.e. less than close 5 days ago
2. Day before Previous days close < Close day before it's four trading ago i.e. less than close 6 days ago
3. Previous days close < opening of same day

Buy SetUp:
1. C > Previous Close
2. C > Close four trading session ago
3. Today's C > today's O

Sell conditions are reversed.

If I classify this correctly, this is what TD called price flip. Still not sure. I have also prepared small formula for this which is as mentioned below and could found some interesting results (at least for short term trading). Need to do more research.

Give your opinion, please.

Formula:

//**** Setup Buy Signal ****/

Con1 = Ref(C,-1) < Ref(C,-5);
Con2 = Ref (C,-2) < Ref(C,-6);
Con3 = Ref(C,-1) < Ref(O,-1);
Con4 = C > Ref(C,-1);
Con5 = C > Ref(C,-4);
Con6 = C > O;

Buy = Con1 AND Con2 AND Con3 AND Con4 AND Con5 AND Con6;

//**** Setup Sell Signal ****/

Con1 = Ref(C,-1) > Ref(C,-5);
Con2 = Ref (C,-2) > Ref(C,-6);
Con3 = Ref(C,-1) > Ref(O,-1);
Con4 = C < Ref(C,-1);
Con5 = C < Ref(C,-4);
Con6 = C < O;

Sell = Con1 AND Con2 AND Con3 AND Con4 AND Con5 AND Con6;

Impressed with TD's methodologies (off recently),
Apurv
 
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A

Apurv7164

Well-Known Member
#152
#152
Can STER be sort listed for keeping eye on potential trading opportunity?

My Major points for consideration:

1> First set up of 9 was recycled
2> Second set up of 9 completed
3> Countdown reached after second setup completion is 12
4> Short term MA is getting flat from down (potential trend change from down to up)
5> Triangle formulation (Consolidation after major down trend). Here points selected to draw triangle lines are as per TD Points.

Here I'm trying to combine TD methods and traditional TA approaches.

Senior/Experienced members, thoughts please?

Chart attached herewith.

Trying to combine TD Seq with traditional TA,
Apurv
 
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S

saurabhkurichh

New Member
#154
#154
smart trade sir.. and ken sir..please check apurva sir's AFL ...

Thanks a ton apurva for sharing the AFL...

Anyways i am still confused with the REF function used ...ideally the ref signal should be used on the bars after the "9"th bar..... please check that out kenn sir as it could give u a nice idea abt writing the required AFL
 
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V

vvvv

Guest
#155
#155
my knowledge abt demark is zero...still i want to make a suggestion....
smart traders metastock code shud be converted into afl as he actually trading with this code & making money....the countdown bars from 1 - 13 shud be included in the afl...does smart trader have a metastock code for it..may be tht wud make things easier.
 
K

kenneth

Well-Known Member
#156
#156
vvvv said:
my knowledge abt demark is zero...still i want to make a suggestion....
smart traders metastock code shud be converted into afl as he actually trading with this code & making money....the countdown bars from 1 - 13 shud be included in the afl...does smart trader have a metastock code for it..may be tht wud make things easier.
Click to expand...
I have scanned adapting to Smart trade and the results are as follows
Code: 
Ticker	Trade	Date	Close	
NDTV	Buy	8/18/2008	343.9500
JINDALSTELBuy	8/13/2008	1946.2000
SHIV-VANIBuy	7/30/2008	568.6500
IVRCLINFRABuy	7/30/2008	315.7000
TATAPOWERBuy	8/5/2008	1101.9000
ABAN	Buy	7/28/2008	2647.3000
LUPIN	Sell	8/5/2008	755.0000
CROMPGREAVSell	8/5/2008	257.7000
REPRO	Sell	7/28/2008	134.2000
JSWSTEELSell	8/4/2008	872.1000
TATASTEELSell	8/4/2008	691.5500
BRITANNIASell	7/25/2008	1362.7500
TTKPRESTIGSell	7/25/2008	115.2000
Smarttrade could you please varify if the 13h day is correct.

Thanks & Regards
Ken
 
V

vvvv

Guest
#157
#157
kenneth said:
I have scanned adapting to Smart trade and the results are as follows
Code: 
Ticker	Trade	Date	Close	
NDTV	Buy	8/18/2008	343.9500
JINDALSTELBuy	8/13/2008	1946.2000
SHIV-VANIBuy	7/30/2008	568.6500
IVRCLINFRABuy	7/30/2008	315.7000
TATAPOWERBuy	8/5/2008	1101.9000
ABAN	Buy	7/28/2008	2647.3000
LUPIN	Sell	8/5/2008	755.0000
CROMPGREAVSell	8/5/2008	257.7000
REPRO	Sell	7/28/2008	134.2000
JSWSTEELSell	8/4/2008	872.1000
TATASTEELSell	8/4/2008	691.5500
BRITANNIASell	7/25/2008	1362.7500
TTKPRESTIGSell	7/25/2008	115.2000
Smarttrade could you please varify if the 13h day is correct.

Thanks & Regards
Ken
Click to expand...

thnks ken,
there are 2 or 3 versions of afl going here so difficult to know which 1 to use
uve also been trying to get the 9th & 13th bars correct..after smart trader checks the 9th & 13th bar , i think u wud again modify it.also he is using 3 graphs for the barcount,buy ,sell setups..i hope u have incorporated the things in seperate afl's so tht we can use all of it together....meanwhile waiting eagerly & patiently for ur master afl after smart trader verifies the bars.thnks for the help.
 
K

kenneth

Well-Known Member
#158
#158
saurabhkurichh said:
smart trade sir.. and ken sir..please check apurva sir's AFL ...

Thanks a ton apurva for sharing the AFL...

Anyways i am still confused with the REF function used ...ideally the ref signal should be used on the bars after the "9"th bar..... please check that out kenn sir as it could give u a nice idea abt writing the required AFL
Click to expand...
Hi saurabhkurichh

This is price flip function which is already in the AFL and the levels are indicated by golden line. Check it out.

Regards
Ken
 
K

kenneth

Well-Known Member
#159
#159
vvvv said:
thnks ken,
there are 2 or 3 versions of afl going here so difficult to know which 1 to use
uve also been trying to get the 9th & 13th bars correct..after smart trader checks the 9th & 13th bar , i think u wud again modify it.also he is using 3 graphs for the barcount,buy ,sell setups..i hope u have incorporated the things in seperate afl's so tht we can use all of it together....meanwhile waiting eagerly & patiently for ur master afl after smart trader verifies the bars.thnks for the help.
Click to expand...

Nothing is mine. It is the original in the first page. I am just adjusted the parameters to get the 13th day right for the scan. If it is correct we need only one AFL.

Regards
ken
 
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