What's DeMark Projected Range Indicator Buy Signal and Sell Signal?

DeMark Projected Range Indicator Buy Signal

How Do I Generate Forex Buy Signal Using DeMark Projected Range Indicator

Steps on how to generate forex buy signals using DeMark Projected Range indicator:

This DeMark Projected Range indicator buy signal tutorial explains how to generate forex buy signals using the DeMark Projected Range indicator as illustrated below:

How to Generate Forex Buy Signals Using DeMark Projected Range Indicator

DeMark Projected Range Indicator Sell Signal

How Do I Generate Forex Sell Signal Using DeMark Projected Range Indicator

Steps on how to generate forex sell signals using DeMark Projected Range indicator:

This DeMark Projected Range indicator sell signal tutorial explains how to generate forex sell signals using the DeMark Projected Range indicator as shown below:

How to Generate Forex Sell Signals Using DeMark Projected Range Indicator

This DeMark Projected Range indicator is used to signal the potential high & 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 & the close prices of the most recent price period.

DeMarks Projected Range

Technical Analysis and 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 upward trend.

Bearish downtrend 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 signal that the market will remain in a range base.