611# Best trend line trader DeMark template

Trend following price action

Submit by Nico 12/12/2014


Best trend line DeMark template 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.

In the pictures Best trend line trader DeMark template.

In the picture  Best trend line trader DeMark template.
In the picture Best trend line trader DeMark template.
In the picture  Best trend line trader DeMark template.
In the picture Best trend line trader DeMark template.
Best trend line trader DeMark template.r
compressed file archive 108.2 KB

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Comments: 1
  • #1

    asaens (Saturday, 13 December 2014 14:53)

    FYI - I think all the settings to display lines in "DeMark Trendline Trader" are set to "false" making the indicator useless in the template ... might want to change one or more to "true" before saving the template and putting it the the rar file