Jump to content

[SHARE] Mouteki-Demark_trend


newbie111

Recommended Posts

I just love the way that this indicator plots trend lines of support and resistance. It also signals breakouts. There was no manual with this system. Will some of the higher skilled traders here take a look at it and give us some better rules other than just trendline breakout.

http://www.4shared.com/file/51nZs0q-/Mouteki-Demark_trend_new.html

Link to comment
Share on other sites

I just love the way that this indicator plots trend lines of support and resistance. It also signals breakouts. There was no manual with this system. Will some of the higher skilled traders here take a look at it and give us some better rules other than just trendline breakout.

http://www.4shared.com/file/51nZs0q-/Mouteki-Demark_trend_new.html

 

Only trade with dominant trend. Buy at Support. Sell at Resistance. If breaks Support/Resistance and holds on a retest of the broken Support/Resistance, exit and consider reversing. Also pay attention whether the market is making higher highs/higher lows or lower highs/lower lows as that is indicative of a strong trend.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...