Thank you very much for your answer. I'll check the book. Are you using this system for live trading? It would be nice if it really had the 90% success rate.
What are the last two Qualifiers? I could find the first three only.
Do they have to confirm all, or only one is enough to confirm the breakout?
I have here a document writer by a member in factory forum with potential filter
I hope it helps
^^ Thanks for the ebook. Now I understand more and more.
Thanks a lot for the Ebook :-)
so for EURGBP, Thursday, 6/14/07:
I'm going to buy on the breakout @ 0.6745, exit @ Fibo 50% retracement 0.6767; because of qualifier 1: the price bar prior to an upside breakout must be a down close.
Let's see if it works.
IBFX-GPS is using the almost the same method.
I never have time to check the profitibility of the signals.
It give losts of signals every day.
As far as I know it give lots of false signals.
Some one has made an EA using IBFX-GPS like signals.
Just can't find it now.
Is anybody using the Ind-TD-DeMark-3-1 Indicator?
If you are using it, could you post how you are using it? Like to know which time frames are the best to use it and how it should be used.
I am guessing:
Take profit lines:
When it talks about "hit the point", is it talking about closing or just touching?
Any documentation would be great.
thanks in advance!!!!