DeMark Projected Range CFD Analysis and DeMark Projected Range CFD Signals

Developed by Tom Demark.

This indicator is used to signal the potential high and low prices that a chart price is likely to reach.

This is referred to as the range projection and it is calculated using the open and the close cfd prices of the most recent price period.

DeMark Projected Range

CFDs Analysis and How to Generate Signals

This indicator will show two points, the projected high and the projected low of a specific price period. This will be used as the reference point.

Bullish Up cfd trend Signal

If the next price bar opens above the projected high then the cfd market will continue in an upwards trend.

Bearish down cfd trend Signal

If the next price bar opens below the projected low then the cfd market will continue in a downwards trend.

Ranging CFD Market

If the next price bar opens within the projected range, then this is a signal that the cfd market will remain in a range base.