Trade Forex Trading

DeMarks Projected Range Technical Analysis & DeMark Projected Range Signals

Created 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 & it is calculated using the open and the close prices of the recent most price period.

Demark Projected Range Trading Indicator Analysis - Indicator Demark Projected Range Indicator

DeMarks Projected Range

Technical Analysis & How to Generate Signals

This indicator will show two points, the projected high & the projected low of a specific price period. This will be used as the reference point.

Bullish Uptrend Signal

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

Bearish downtrend Forex Signal

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

Ranging Forex Market

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

More Topics:

Forex Malaysia Seminar

Forex Thailand Seminar

Forex Broker