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Wednesday, September 12, 2018

Best trend line DeMark



Best trend line DeMark is a trend following and price action system filtered by momentum. This trading system is good for intraday and for swing trading.
Time Frame 30 min, H1 and H4.
Currency pairs: majors.


Metatrader Indicators:
Rainbow (a set moving averages);
3 Level ZZ Semafor,
DeMark Trendline trader,
Info indicator;
Polynomial regression;
VS Pivots,
1 a indicator ;
Relative Strenght Index (period 14);
Arcay Indicator.


Rules Best trend line trader DeMark template
Trade only in direction of the trend.


Buy
Price action candle broken trendline trader DemarK above the rainbow.
Polynomial regression pointing up.
Relative Strenght Index (momentum) above 50 level.
Arcay indicator bar above yellow line.


Sell
Price action candle broken trendline trader Demark below the rainbow.
Polynomial regression pointing down.
Relative Strenght Index (momentum) below 50 level.
Arcay indicator bar below yellow line.


Exit positions
Ratio Stop loss 1.2. , initial stop loss on the previous swing.





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