#6 Tom DeMark Trend lines

Submitted by Edward Revy on June 25, 2009 - 15:48.

This is a well know trend line breakout strategy by Tom DeMark.
The only difficulties traders had earlier were all about constantly drawing trend lines and calculating profit targets.

With a help of custom MT4 indicator this problem was solved.

Two variations of the same indicator:

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Submitted by User on July 15, 2011 - 14:24.

Hi Edward,

Thanks for all the useful information. I m very new to TD. What is the difference between the two indicators. Also, I trade on daily charts...should I use the "TD-3-1 Eng" or "TD-3_LA Mod_...".
Also, appreciate if you can explain what is LL_1, HL_1, HC_1 etc. Tks alot.

Submitted by Marc on July 25, 2011 - 23:18.

Thank you to the question above. Exactly what I want to know. Also could anyone put an example chart up from mt4 with either on the above indicators on it and explain what everything is. I get to a stage where I'm pretty sure I understand it but then something happens where I think otherwise. Thanks.

Marc

Submitted by User on July 26, 2011 - 00:40.

Also, if it is a supply trendline is the breakout always going to be up to take the trade and vice verse with a demand line? Thanks

Submitted by zakky on July 28, 2011 - 22:18.

Thank you my man,you are indeed a great man and am very sure you are making great profit from trading forex.Some TD Rules do not apply to forex market because Gaps are Rare in Fx Markets as opposed commodities/Stocks.Thanks once again.
zakky

Submitted by chris on August 26, 2011 - 23:56.

Hi Edward,

Thanks for the good work you are doing out there. May God reward you abundantly.

Please how can i get the the support and resistance indicator that eddy mustika uses in his chart up there? pls you can send it to me at inform_chris@yahoo.co.uk

thanks in advance

chris

Submitted by User on August 30, 2011 - 01:17.

but how do i get the first variation, the second variation is too convulted

Submitted by User on August 30, 2011 - 01:45.

i'm kinda new to demark could you tell me the significance of the lines . i always have this problem .... after entering the candles almost always turns , sometims when i;m making it suddenly turns. could demark help me on this. could tell me when to enter or exit and when to take profit.... much obliged

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#6 Tom DeMark Trend lines

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