DeMark Projected Range Metals Analysis & DeMark Projected Range Trading Signals

Developed by Tom Demark.

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

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

DeMark Projected Range

Metal Trading Analysis & Generating Trading Signals

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

Bullish Up Metals trend Signal

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

Bearish down metals trend Signal

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

Ranging Metals Trading Market

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