ravikapa1

Trendline TomDemark

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This is based on the TomDemark rules to identify the TD points and form a TD line between 2TD points.
here i have identified using TD level 3.
To consider price as TD level 3 point, here are basic rules
To the left side of our identified TD point,
the 1st left candle should forming lower high compared to TD point.
the 2nd left candle should be forming lower high compared to 1st candle.
the 3rd left side candle should forming lower high compared to 2nd candle.

To the right side of our identified TD point,
the 1st right candle should forming lower high compared to TD point.
the 2nd right candle should be forming lower high compared to 1st candle.
the 3rd right side candle should forming lower high compared to 2nd candle.

after identifying 2 TD points we will draw a line in between them, whenever price crossed this line in future we will take buy call.

Similarly we can identify lower lows for Sell TD level3.
リリースノート: Updated
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