DeMark TD Indicator for Plotting Lines, Values, and Price Targets

Summary

This document describes a DeMark TD chart indicator for traders who use TD lines. The tool marks TD points, plots the associated lines, reports their current values, and calculates target levels. Its controls let the user show or hide comments, TD points, TD lines, horizontal lines at current TD values, and take-profit targets.

The document explains the indicator’s display options but does not define the underlying TD calculation rules, target formulas, or conditions for interpreting a plotted signal. It provides no examples, market data, backtest, or evidence that the targets improve trading outcomes. As a result, it serves as a brief feature description for a technical charting tool rather than a complete explanation of the DeMark method or a validated trading strategy. Users would need further documentation to assess how its calculations behave across instruments and timeframes.

Key ideas

• The indicator marks TD points and plots DeMark TD lines on a chart.
• It can display current TD line values as horizontal lines and calculate target levels.
• Separate controls govern comments, points, lines, horizontal values, and take-profit targets.
• The document does not explain the calculation rules or provide performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.