Trading Tom Demark New Market Timing Techniquespdf Google

Unlocking the Secrets of Market Timing: A Comprehensive Guide to Trading with Tom DeMark's New Market Timing Techniques

3.4 TD Risk/Extension Levels

8. Practical Code Outline (pseudocode)

inputs: price series OHLC
for i from 4 to end:
  if close[i] < close[i-4]: setup_count_bull +=1 else setup_count_bull = 0
  if close[i] > close[i-4]: setup_count_bear +=1 else setup_count_bear = 0
  if setup_count_bull == 9: mark bullish setup complete, begin countdown
  // implement countdown logic to 13 using Close <= Low[i-2] etc.