Demark 1
- Indikatoren
- Somaia Elsayed Ibrahim Elkady
- Version: 1.0
- Aktivierungen: 5
The demark forex trading strategy is a price action trading system that has really good risk:reward ratio if a trade works out as anticipated.
The creator of this trading system is a guy called Tom Demark.
The demark trading system is actually a trendline breakout trading strategy but with a slight variation:
the most recent highs (peaks) and lows (troughs) are used to draw the trendlines.
Timeframes: any can be used but I suggest you use 15 minute timeframe and above.
Currency Pair: You can use this trading system to trade any currency pair.
Forex Indicator: none required.
Anything else?: You should know how to draw trendlines.