Tom DemarkTrend Lines

Hi, Great stuff. You said you attached 3 files. I only see one. This really can help add the much needed consistency when drawing trend lines. I'm interested to see what else you have come up with, and contributing if I can.
Thanks, great post!

This is a powerful strategy! I have no doubts it can deliver very high results. Thank you for sharing!
Edward.

P.S. Looks like everything is well explained in one file, I cannot see the other two... It was probably a restriction on file sizes that prevented further uploading. Now it should be ok.

Thanks for sharing!
Tested and it works. The only disadvantage is (IMHO) that you need to draw those trend lines lines constantly and do the math all the time. After a while it gets tough...

Hi User,

It dosen't matter if you earn pips. m i right? THX 4 sharing ur thought.

--THX--
**Nagendra Rai**

Thank you, Nagendra!!! The strategy is very solid.
How successful were you with it?
Cheers

I m very happy with this strategy. Just follow the rules n u will win more n more.

To fight against worst condition just follow the ADDITIONAL INFORMATION in Strategy Part-3 or try this

"If I am up 20 pips then I set my stop loss to atleast 7 pips, if I am up 30 pips my stop loss is 14 pips and when it is up 40 pips my stop is set so I make atleast 20 pips"

Using this u still make some pips even in worst condition.

Rich for you I have attached current performance of this strategy on GBP/JPY. From 21 june to 12 july.

**I can't attach here, there for i have attached in main Topic as performance.doc**
--THX--

Thanks for the informative answer and illustration.
I'll give it a shot.
I've noticed you used 4 hour charts. Is this your favourite for this strategy?
thanks a lot!

Hi Rich,

I like 4h coz it work better on 4h.

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Please update exit rules provided in part-3. There I haven't clearly mention exit rules for both supply line and demand line, sorry for my mistake.

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Exit Rules TD Supply Line== DownTrend:
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• “Exit if the bar after the breakout bar opens below the breakout price level.”

• “Exit if the bar after the breakout bar opens below the close of the breakout bar and closes below the breakout price level.”

• “Exit if the bar after the breakout bar fails to exceed the high of the breakout price bar.

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Exit Rules TD Demand Line== UpTrend:
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• Exit if the bar after the breakout bar opens above the breakout price level.

• Exit if the bar after the breakout bar opens above the close of the breakout bar and closes above the breakout price level.

• Exit if the bar after the breakout bar fails to trade below the low of the breakout price bar.

--THX--