Slightly modified version of the Tom Demark Sequential indicator. The setup phase doesn't require a number in the opposite direction to restart the count which means a green 1 can show up on the first candle after a green 9.
The setup phase numbers are shown on top of the candles and the countdown below the candles. An aggressive sell/buy countdown number 13 is...
Hello ladies and gentlemen
I'm back in my (almost daily) publishing challenge - to educate/show pinescript not commonly known tips
↑ Trend Direction ↓
Remember that script ?
I often use it to detect higher highs or lower lows. When an oblique/diagonal breaks, it indicates that a trend may move in the opposite direction.
Combining this along with other...
A flexible rendition of TD Sequentials. Many parameters can be adjusted via user input.
With crypto markets trading 24/7, I wanted to adjust the behavior of the sequential counts to "dial in" a market. Default settings replicate the original TD Sequential behavior (9s and 13s), but you can select other numbers to better fit your market and timeframe.
It took...
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TD Sequential Setup and Countdown.
(c) Andrew Hitchman, 2017. All rights reserved.
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An implementation of Tom DeMark's (en.wikipedia.org) Sequential Setup and Countdown indication.
Based on the rules described at oxfordstrat.com
Tips:
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If...
![XBTUSD: [truenomic] TD Sequential](https://s3.tradingview.com/y/YGAxlwEI_mid.png "[truenomic] TD Sequential")
