Basically there are 3 steps to get a buy signal using daily data:
1) Setup.  There must be a  decline of at least nine or more consequtive.
2) Intersection.  The high of any day on or after the eighth day of the set up must be greater than the low of any day three or more days earlier.
3) Countdown. Count the number of days in which we close lower than the close two days ago (doesn’t need to be continuous).
When the countdown reaches 13, we get a buy signal.
S...

going to try this out.  any helpful tips? what other Indicators should be used with it to make it more accurate??

Happy new year, mooers!
In 2022, the Moo community launched 10 technical analysis challenges. Big thanks to all mooers for your active participation! There's no end to learning, so let us keep it up to become pro traders together!
Today, we'd like to introduce another indicator to you: DeMark 9® (TDS 9). TDS 9 is an automatically generated sequence. Want to have a try? All you need to do is select it from the ...