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In his book on De Mark indicators Jason Perl writes on Buy Count Down Cancellation----
TD Buy Countdown Cancellation Qualifier II (a TD Buy Setup Within
a TD Buy Setup)
If
The market has completed a TD Buy Setup that has a closing range within the true
range of the prior TD Buy Setup, without recording a TD Sell Setup between the
two
Here the term closing range is ambiguous.Does it refer to the difference between High Low bids during the closing period of Bar9 of the present TD setup or the difference between extreme high and low prices of the entire set up? Could anybody enlighten me?
Regards,
Dr.Chatterjee
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