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...
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...
Hello ladies and gentlemen 📒 INDICATOR OF THE DAY 📒 The TD sequential fans are going to love that one. TD Sequential has two parts – TD Setup and TD Countdown. The first phase of TD Sequential starts with a TD Setup and is completed with a 9 count. When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely. The...
*********************************************************** TD Sequential Setup and Countdown. (c) Andrew Hitchman, 2017. All rights reserved. *********************************************************** An implementation of Tom DeMark's (en.wikipedia.org) Sequential Setup and Countdown indication. Based on the rules described at oxfordstrat.com Tips: ====== If...
A simplified version of TD Sequential which only prints the buy and sell 8’s and 9’s. The advantage of this version is it doesn’t clutter the chart with a multitude of numbers as with many TD indicators. Also a lot of the (very good) TD indicators have a lot of other featires to the TD system (S/R lines etc) that a you or I might not require. Signals print as...
The countdown is not shown because of the character limit but it is still marked by the Setup end marks.
Sequentials Phase 1 Setup . Establish the Trend This is the first phase of a 2 indicator set. This indicator includes Setup, Support and Resistance lines (also known as TDST ), Risk levels and some additions that are described below. Sequential Countdown is not included and will be part of the second script. Part 1. The Price flip The “ Price...
This indicator shows a table in the top right corner with 6 cells. Each cell represent a timeframe and the current ticker's TD setup value for that timeframe. It only works on higher timeframes than what is currently used on the chart, a lower timeframe will show a gray cell and no TD setup value. The timeframes for each cell can be adjusted in settings. Green...
Here is our TD sequential designed for the cryptocurrency realm. Full count up to 13. Uptrend 9 turns light blue - likely trend reversal Downtrend 9 turns orange - likely trend reversal Uptrend 13 turns dark blue - extremely likely trend reversal Downtrend 13 turns purple - extremely likely trend reversal Any count greater than 13 will be black until...
Hello guys, I would like to introduce you TD Sequential support and resistance horizontals. It draws line horizontal on high and low vhighly volatile candles. You can select lines on this timeframe and/or another one. It's done in the same spirit like my other indicators for horizontals The colors are dynamic depending whether price is below or above the...
Multi Timeframe TD sequential - Above candles: The sequential for the time frame you're currently on. - Below the price: Daily sequential no matter what time frame you're on - Below price in a label: Weekly sequential no matter what price you're on. (This only shows 7, 8 & 9's not not clutter the chart too much) - (For a green count) The numbers increase from...
Shows the number of consecutive TD Sequential setup 9's in one direction without a 9 in the opposite direction
Difference vs. TD Sequential: faster trade exits and a unique entry. Made for low timeframes. Highs or lows are compared instead of close. Count maxes out at 7 instead of 9. Version 1.0 does it like this: S/R on 7 count Entry on 7 count Exit on 5 count or S/R cross Not based off official Tom DeMarke documentation for Aggressive. As such, I have named the...
Ichimoku Cloud + Hull MA + TD sequential Option to turn on and off base and conversion line. Option to turn on and off TD sequential.
TD Points are used to draw TD Lines also known as Demark's Trend Lines. There are two types of TD Points- 1. TD supply points- A bar with a maximum price higher than the maximum prices of the previous and subsequent bars. Downward trend lines are drawn through the highs of such bars. 2. TD demand points- A bar with a minimum price below the minimum price of the...
The countdown is calculated but not shown because of the character limit. It's marked by the setup end triangles.