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Trying to understand how the Candle Sessions Reversal works?


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  #1 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
 
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Does anyone know how this indicator works:
https://thedisciplinedinvestor.com/blog/2012/05/14/candle-sessions-reversal-new-from-the-gang-at-bloomberg/

I have not been able to find how it is calculated but it seems to be acting as a good timing reversal indicator. I'd like to find more info about it.


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 idolum 
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It looks like a variation of DeMark's TD Sequential published in the 1997 book 'New Market Timing Techniques'.


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  #4 (permalink)
Nicolaas
Utrecht+Utrecht/ The netherlands
 
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I would be very interested as well to know a bit more about this indicator!


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