Using Higher Timeframes with VKW Bands and DeMarker
Summary
The document describes a modified VKW Bands and DeMarker indicator that lets the user select the timeframe for its calculations through an input parameter. The stated default is a four-hour period. This allows the indicator’s timeframe to be selected independently through its settings, though the text does not explain how the component signals are combined or interpreted.
The indicator depends on two companion indicator files being installed in the platform’s indicators directory. The document identifies this dependency and shows that the tool is intended for chart use, but includes no calculation rules, entry or exit guidance, parameter evaluation, backtest, or performance evidence. It is therefore a brief setup note rather than a complete trading method, and it does not establish whether the higher-timeframe setting improves signal quality or results.
Key ideas
- The indicator exposes a selectable timeframe for its calculations.
- The stated default timeframe is four hours.
- It requires two companion indicator files to be installed in the platform’s indicators directory.
- The document provides no signal interpretation, trading rules, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.