DeMark Sequential and Combo - request to check in MT

[Mike Medved]

If any of you guys has experience using these indicators, please audit them in MT. I added them (they will be in next version). "Combo" is just an option in the DeMark Sequential. Tell me what you think - both on whether it is accurate and whether the display is reasonable.

 

One thing: right now the indicator works on all candles except the last one. The last one is not taken into account. That is done because if the last candle was considered in calculation, Setups and Countdowns would conceivably appear/disappear/appear again as the last candle was being built, I thought it would be confusing (and would slow charts down). Is that acceptable?

 

Thanks

 

Mike

[inspired]

Like many indicators, it can be hit and miss. Tends to show more reliability on weekly and monthly charts rather than dailies.  I have seen it, usually, as a conspicuous white dot above  the candle for highs, and below it for lows. 

[Mike Medved]

inspired, we usually don't discuss the efficacy of indicators, that's beyond our job description What we're concerned about is whether the indicators we have are correct (that is, we didn't screw up coding them) and whether their visuals are convenient for users.

[Fiscelan]

Thanks, I will have a look since I'm also interested in DeMark indicators