anyone using Demark....what time frame do you use intraday for your bars? Have you found any advantages between different time frames? tks.
It depends on your profit target, unless you are a scalper, I find anything under a 30 minute noise. Although I have seen some nice 13/13's work on a 5 and a 15 good for a few. Demark's are really not consistant and need to be used in conjunction with other indees. Look at how many bad 13'S we blew through on the way from $85 to par late last year in crude. good trading! surdo
tks. just want to set up some demark indicators to get an idea of accuracy for intraday stuff. not scalping but holding positions hour or so at a time.