Originally posted by ST sir in Demark thread:
"Intersection ensures that the brakes are applied on market activity and we dont apply sequential in run -a- way phase. Intersection requires that in case of sell set up , the low of the set up bar 8 or 9 be less than or equal to the high 3 or more trading days earlier , upto and including the first day of the set up.
If the intersection takes place on 8th or 9th bar, the count down is started from 9th set up bar meaing 9th set up bar can be first countdown bar if it satisfies the countdown conditions."
thanks