Trading Systems  |  SEP 2011

TD Sequential And Ermanometry For Intraday Traders

Time-based techniques are effective and can be applied to intraday trading, but unless they are automated, they require a great deal of tending and tracking on the part of the trader. The Fibonacci and Lucas techniques, which we explored in the previous issue, can be mechanized (as seen in that article), but they will not continue to plot without further input. This is also true of William Erman’s Ermanometry, which we will look at later in this article. Meanwhile, Thomas DeMark’s TD Sequential can be automated without requiring further input, as we will see here.

by Andrew Coles, PH.D.