Time Indicator

*This is a private script for Personal Use. To avoid any Trade Mark violations, the official math rules have been slightly optimized & name changed.

The Time Indicator gets its inspiration from the classic and trademarked work of Tom Demark (with one of the biggest differences being the elimination of the "Price Flip" being a necessary condition to start a "Setup"). The Indicator only displays values on the most recent 13 candles unless unless the count has something critically like 9. You should be very familiar with traditional trading techniques & the Tom DeMark's indicators in order to follow this one & also understand how it is different. Here is a very good presentation on it as part of Bloomberg's Market Essentials Trading Education Series.

The Chart below displays the features of the Indicator, but it is still a work in progress, additional features will be added soon in future updates.