DeMarker Indicator with T3 Smoothing and Separate Signal Buffers
Summary
This document describes a modified DeMarker technical indicator intended to make its outputs easier to use in automated trading systems. Its main indicator line is constructed from four components with period shifts. A T3-based smoothing line is added, and crossings between the main line and the smoothed line are exposed separately. The indicator also provides a separate unsmoothed divergence histogram.
The description explains changes to indicator structure and data outputs, but it does not define a trading strategy or specify how traders should interpret the crossings or divergence. It provides no parameter values, market examples, validation, or performance results. The author also signals uncertainty about the provenance of the T3 algorithm, so the implementation details and behavior would need to be checked before relying on it in research or live trading.
Key ideas
- The modification reshapes the DeMarker output into a form intended for easier use in expert systems.
- The main line combines four components with period shifts.
- A T3 smoothing line is added, with crossings exposed in separate buffers.
- A separate histogram displays divergence without smoothing.
- The document gives no strategy rules or evidence that the indicator improves trading results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.