How Do I Interpret DeMark Projected Range Indicator Buy Signal and Sell Signal?
DeMark Projected Range How to Interpret Indicator Buy Signal
How Do I Interpret Buy Signal Using DeMark Projected Range Indicator?
Steps on how to analyze buy signals using DeMark Projected Range indicator:
This DeMark Projected Range indicator buy signal lesson gives an explanation of how to analyze buy signals using the DeMark Projected Range indicator as shown on example below:
How Do I Interpret Buy Signals Using DeMark Projected Range Indicator?
DeMark Projected Range How to Interpret Indicator Sell Signal
How Do I Interpret Sell Signal Using DeMark Projected Range Indicator?
Steps on how to analyze sell signals using DeMark Projected Range indicator:
This DeMark Projected Range indicator sell signal lesson gives an explanation of how to analyze sell signals using the DeMark Projected Range indicator as shown on example below:
How Do I Interpret Sell Signals Using DeMark Projected Range Indicator
This DeMark Projected Range indicator is used to signal the potential high and low prices where chart price is likely to reach.
This is referred to as - range projection - & this range projection is calculated using the opening & the closing prices of the most recent price period.
How Do I Interpret DeMarks Projected Range Indicator?
Forex Technical Analysis & Generating Signals
DeMark Projected Range indicator will show two points, the projected high and the projected low of a specific price period. This will be used as the reference point.
Buy Upward Trend Signal
If the next price candle opens above the projected high then the price will continue in an upwards trend direction.
Sell Downward Trend Signal
If the next price candlestick opens below the projected low then the price will continue to move in a downward trend direction.
Range Market
If the next price candle opens within the DeMark projected range, then this is a signal that the price movement will remain in a range sideways movement.
How Do You Interpret DeMark Projected Range Indicator?