DeMark Projected Range Silver Analysis & DeMark Projected Range Trading Signals

Developed by Tom Demark.

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

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

DeMark Projected Range

Trading Analysis & How to Generate Trade 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 silver trend Signal

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

Bearish down silver trend Signal

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

Ranging Trading Market

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