DeMark Projected Range Backtest ver 2.0
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The TD Range Projection, sometimes called TD Pivot Points , provides a range
of next session through a simple calculation that uses the open, high, low
and close of the previous session.
This indicator developed by Tom DeMark gives different weight to a minimum
or maximum depending on the trend of the previous session. Thus, if the previous
session was the greatest upside will have more weight in calculating the range,
on the contrary, if the previous session was bearish , the minimum will have greater weight.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
of next session through a simple calculation that uses the open, high, low
and close of the previous session.
This indicator developed by Tom DeMark gives different weight to a minimum
or maximum depending on the trend of the previous session. Thus, if the previous
session was the greatest upside will have more weight in calculating the range,
on the contrary, if the previous session was bearish , the minimum will have greater weight.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Komen
Is this strategy repainted?