Saturday, March 12, 2011

TDMS COMBINED

Hello and welcome to my blog.

All references to specific securities on this blog are for illustrative purposes only and are not intended to be, and should not be interpreted as recommendations to purchase or sell any of these securities. The views expressed herein are not intended as investment advice and should not be construed as such. Due diligence is your responsibility. If you need professional investment advice then find a professional.

The final step has been done. Both the buy and the sell signals of the Thomas DeMark Sequential (TDMS) have been coded into MetaStock. To quote a line from the Talking Heads, "Fooled around enough with numbers." (there is a song link at the bottom) A video follows and the stocks used are ones that I have been been placing in my watch folder over the last week or so. No cherry picked examples.

Keep in mind that the long entry signals can be based on either the buy or sell sequential.

The buy long entry based on the buy sequential occurs at 13 of stage 2.
The buy long entry based on the sell sequential occurs at 1 of stage 1.

Exits from long positions can also be based on either the buy or sell sequential.

Exit long at 9 in stage 1 of the sell sequential.
Exit long at 13 in stage 2 of the sell sequential.
Exit long at 1 in stage 1 of the buy sequential.

It may seem that down is up and up is down but the sequential system does make sense. Thank goodness I am only interested in long entry points. Also, the final numbered points are not hard entry points. The TDMS also contains a couple of trigger points after the sequences are complete. These trigger points do not always show up so it may be necessary to employ other entry triggers.

I am glad to have all three templates available so that different views can be easily obtained. Messy on one template, maybe not so messy on another.

All Thomas DeMark Sequential indicator stuff shown here is the work of Thomas DeMark. Thank you Thomas DeMark.

I did a download and then an upload of the video but the quality was no good. Will just use the alternative of posting it to see if it works, there is also the link for when it does not work.

http://screenr.com/DSQ



SONG LINK: http://www.youtube.com/watch?v=AcX3aWNOxQM

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