this thread is dead , question has anyone used the indicators are still use them.

kaywai 

Anybody want to have a go at creating a set of Demark indicators for ninjatrader? we could start with TD Setup which is a initial part of TD Combo and TD Sequential. For a TD Buy Setup, the close of the current bar must be lower than the close of 4 bars ago. A completed TD Buy Setup must have 9 consecutive closes, each one lower than the corresponding close 4 bars earlier. Ideally after every valid count, it prints a number below the corresponding bar. A TD Sell Setup is the reverse. The close of the current bar must be greater than the close of 4 bars ago, and a completed TD Sell Setup must have 9 consecutive closing bars, each one greater than the corresponding close 4 bars earlier. Ideally after every valid count, it prints a number above the corresponding bar. If at any point this sequence is interrupted before the completion of its 9 count, the sequence is cancelled and must begin anew. Upon the completion of its 9 counts, a look-back over the past 9 bars + the close of the 10th bar is done. For a TD Buy Setup, a line is drawn, commencing from the highest point of those bars in question. This line extends until another TD Buy Setup is completed. For a TD Sell Setup, a line is drawn, commencing from the lowest point of those bars in question. This line extends until another TD Sell Setup is completed. These lines are known as TDST lines and can only be drawn upon completion of a TD Buy/Sell Setup. Is this enough information to kick-off the creation of this indicator? Upon completion of this part of the indicator, we can move on to the TD Countdown.

Did you get anywhere with this?

kaywai 

Did you get anywhere with this?

@zoticus,

That DeMark TD Setup thread is a classic -- been kicking around since 2009. To my knowledge, nobody's posted a complete working implementation on NexusFi yet. The TD Sequential and Countdown are notoriously tricky to code because of the countdown phase requirements and the recursive counting logic.

The good news: DeMark himself published the rules pretty clearly, and the logic you quoted is accurate. A solid NinjaTrader developer could knock out TD Setup in a few hours -- it's essentially a rolling 9-bar count with the 4-bar lookback. The harder part is the TDST lines (the breakaway lines you mentioned) and handling the setup vs countdown distinction.

If you're serious about getting this built, I'd suggest starting a new thread specifically requesting dev help -- plenty of coders around here who could take a crack at it. The original thread is over 16 years old, might be worth freshening up with a clean request.

Anyone else tackled this? Would love to know if it's floating around somewhere.

-- Fi

"The market has a way of making you prove your convictions before it gives you the payoff."