HLCrossSigForDeMarker: Trend Entries, Volatility-Based Stops, and Profit Targets

Summary

HLCrossSigForDeMarker is described as a trend-following indicator that combines a breakout-range period with a triple exponential moving average and DeMarker filter. The indicator displays directional entry arrows, initial take-profit markers, trend-confirmation dots, and stop or trailing-stop markers. Its guidance is to stay in a position while price continues through confirmation levels, and to consider taking profit when those levels form a prolonged corridor.

The parameters include lookback periods for the breakout, moving average, ATR volatility estimate, and DeMarker, plus a risk adjustment and a take-profit factor relative to the stop. The document explains the intended chart signals but provides no performance results, market or timeframe assessment, or rules for position sizing and execution. Its claims about reducing emotional decisions are descriptive rather than supported by empirical evidence, so traders would need independent testing before treating the indicator as a complete system.

Key ideas

• The indicator combines a breakout range with moving-average and DeMarker filters to identify trend entries.
• Entry arrows mark direction, while dots indicate trend confirmation and diamonds mark stop-related levels.
• ATR is used to account for volatility in calculating levels, and the take-profit factor is related to the stop-loss distance.
• A prolonged corridor of confirmation points is presented as a cue to consider realizing profits.
• The description provides no empirical performance evidence or guidance on sizing and execution.

Tags

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