This is the downside part. If the close closes lower than the close 4 bars earlier than it count till a maximum of 9.
At that stage it starts the rest of the TD sequential till a count of 13.
There are some rules (I actually use it in another trading algo) when you want to initiate a long (in this case)
-If the count of 9 is reached but the close is still higher at the count of 9 than the previous TD countdown at 9
-If the count of 13 is reached we can assume that the trend is exhausted and a reversal is likely
jan de Korver
ps I will publish the otherside of the Tom de mark sequential shortly herafter
let me know if there are still inconsistencies
"L" refers to TD Clop Buy Signal, don't have a direct link for it but you might do a search on the web for it,