DeMarks Projected Range Technical Analysis & DeMarks Projected Range Signals

Developed by Tom Demark.

This indicator is used to signal the potential high and low prices that a chart price is likely to reach.

This is referred to as the range projection and it's calculated using the open and the closing prices of the most recent price period.

DeMark Projected Range

Technical Analysis and How to Generate Trading Signals

This indicator will show 2 points, the projected high and the projected low of a particular price period. This will be used as the reference point.

Bullish Up trend Signal

If the next price bar opens above projected high then the market will continue in an upwards trend.

Bearish down trend Signal

If the next price bar opens below the projected low then the market will continue in a downwards trend.

Ranging Market

If the next price bar opens within the projected range, then this is a trading signal that the market will remain in a range base.

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