Unlike the creators of RSI or MACD, Tom DeMark did not come from an academic background; he came from the trading floor. His philosophy is simple: However, his methods are anything but simple.
: Unlike subjective trendlines, these are drawn based on specific "TD Supply Points" or "TD Demand Points" (recent relative highs/lows). Unlike the creators of RSI or MACD, Tom
: A 13-bar count that follows a completed Setup. Each bar's close is compared to the close 2 bars prior. Unlike the creators of RSI or MACD, Tom
: Using these indicators across various timeframes (e.g., daily and hourly) can increase the probability of a signal's accuracy. Unlike the creators of RSI or MACD, Tom