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...
Alert and lite version of the Setup indicator.
___ Alert list:
1. Bearish / Bullish Price flip.
--- Market closed higher than the close price four bars earlier and the prior bar’s close is lower than the close five price bars earlier, vise versa for the opposite direction.
2. Setup Count Termination
--- Market confirmed the Buy / Sell Setup termination...
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...
A nice collection of Buy/Sell indicators.
Send me some love if you find this useful:
The TD Range Projection, sometimes called TD Pivot Points, provides a range
of next session through a simple calculation that uses the open, high, low
and close of the previous session.
This indicator developed by Tom DeMark gives different weight to a minimum
or maximum depending on the trend of the previous session. Thus, if the previous
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.
There are several variations on the classic TD Sequential indicator already published so why do another one would be a fair question to ask. Personally i wasn't fully satisfied with how many of them were implemented so i decided to code my own version from the ground up guided by the rules outlined in Jason Perl's: DeMark Indicators book. Thanks to /u/glaz and...
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...
Once a 9 count has been reached the trend(up or down) is exhausted and indicates when to open a long or short position fairly accurately. (i find it most accurate on 1hr candles but you can backtest other candle durations to find more/other accurate candle stick times....
Based on ChrisMoody CM_Williams_VIX_Fix and Glaz Matrix Series
I have difficault to enter exit trades and this is one of indicators that is helping me to get in/out in time
Applied changes are Vix multiplied by 10 to match scale and is made transparent not to confuse to much.
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...
Indicator identifies potential price trend exhaustion.
Compares this period against the 4th prior period for the condition.
9 periods (or more) with the same condition is an indicator that the trend is ending soon.
The Range Expansion Index ( REI ) oscillator is based on Tom Demark's studies and described in "DeMark on Day Trading Options" book.
Range Expansion Index is an oscillator which compares current intraday highs and lows with the high and low of two bars ago.
The indicator oscillates between +100 and - 100, Default overbought and oversold conditions are 45/-45...
Inspired by glaz TD-Sequential script I wrote my own to also include the TD-Countdown phase.
It is not perfect by any means yet.
A problem is the 'num_hundreds' function which is needed to calculate the next number in the TD-Countdown phase if the numbers are not sequential. At the moment it can handle max 9...
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...