: A 9-bar count where each bar closes higher (for sells) or lower (for buys) than the close 4 bars earlier.
Thomas R. DeMark’s 1997 book, New Market Timing Techniques , introduces objective, exhaustion-based indicators like TD Sequential and TD Combo to identify trend reversals. While recognized for institutional accuracy, the text is described as complex and highly technical, requiring intense study or specialized software. For more details, visit Sacred Traders .
: Unlike subjective trendlines, these are drawn based on specific "TD Supply Points" or "TD Demand Points" (recent relative highs/lows). : A 9-bar count where each bar closes
: Begins after a Setup is perfected. It requires 13 closes higher than (or equal to) the high two bars earlier (for sells) or lower than (or equal to) the low two bars earlier (for buys).
If you are determined to find the original text, be aware of the hallmarks of a malicious repack: While recognized for institutional accuracy, the text is
Furthermore, none of the major retail platforms (like ThinkorSwim or MetaTrader 4) include DeMark indicators as standard. You have to code them manually. The "repack" PDFs usually contain the original formulas (which are notoriously complex) and, sometimes, actual code snippets for TradeStation or NinjaTrader.
Because the book went out of print and original copies are rare (selling for $1,000+ on Amazon), traders turned to the digital underground—hence the search for the . : Begins after a Setup is perfected
This method removes the "guesswork" of identifying double tops or head-and-shoulders patterns, replacing them with a strict numerical count.