glaz

TD Sequential

36584 views
16498
36584 38
TD Sequential with candle counting
S/R lines by johan.gradin https://www.tradingview.com/u/johan.grad...
Remove from Favorite Scripts Add to Favorite Scripts
study("TD Sequential",overlay=true)
transp=input(0)
Numbers=input(true)
SR=input(true)
Barcolor=input(true)
TD = close > close[4] ?nz(TD[1])+1:0
TS = close < close[4] ?nz(TS[1])+1:0

TDUp = TD - valuewhen(TD < TD[1], TD , 1 )
TDDn = TS - valuewhen(TS < TS[1], TS , 1 )
plotshape(Numbers?(TDUp==1?true:na):na,style=shape.triangledown,text="1",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==2?true:na):na,style=shape.triangledown,text="2",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==3?true:na):na,style=shape.triangledown,text="3",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==4?true:na):na,style=shape.triangledown,text="4",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==5?true:na):na,style=shape.triangledown,text="5",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==6?true:na):na,style=shape.triangledown,text="6",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==7?true:na):na,style=shape.triangledown,text="7",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==8?true:na):na,style=shape.triangledown,text="8",color=green,location=location.abovebar,transp=transp)
plotshape(Numbers?(TDUp==9?true:na):na,style=shape.triangledown,text="9",color=green,location=location.abovebar,transp=transp)

plotshape(Numbers?(TDDn==1?true:na):na,style=shape.triangleup,text="1",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==2?true:na):na,style=shape.triangleup,text="2",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==3?true:na):na,style=shape.triangleup,text="3",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==4?true:na):na,style=shape.triangleup,text="4",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==5?true:na):na,style=shape.triangleup,text="5",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==6?true:na):na,style=shape.triangleup,text="6",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==7?true:na):na,style=shape.triangleup,text="7",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==8?true:na):na,style=shape.triangleup,text="8",color=red,location=location.belowbar,transp=transp)
plotshape(Numbers?(TDDn==9?true:na):na,style=shape.triangleup,text="9",color=red,location=location.belowbar,transp=transp)


// S/R Code By johan.gradin
//------------//
// Sell Setup //
//------------//
priceflip = barssince(close<close[4])
sellsetup = close>close[4] and priceflip
sell = sellsetup and barssince(priceflip!=9)
sellovershoot = sellsetup and barssince(priceflip!=13)
sellovershoot1 = sellsetup and barssince(priceflip!=14)
sellovershoot2 = sellsetup and barssince(priceflip!=15)
sellovershoot3 = sellsetup and barssince(priceflip!=16)

//----------//
// Buy setup//
//----------//
priceflip1 = barssince(close>close[4])
buysetup = close<close[4] and priceflip1
buy = buysetup and barssince(priceflip1!=9)
buyovershoot = barssince(priceflip1!=13) and buysetup
buyovershoot1 = barssince(priceflip1!=14) and buysetup
buyovershoot2 = barssince(priceflip1!=15) and buysetup
buyovershoot3 = barssince(priceflip1!=16) and buysetup

//----------//
// TD lines //
//----------//
TDbuyh = valuewhen(buy,high,0)
TDbuyl = valuewhen(buy,low,0)
TDsellh = valuewhen(sell,high,0)
TDselll = valuewhen(sell,low,0)

//----------//
//   Plots  //
//----------//

plot(SR?(TDbuyh ? TDbuyl: na):na,style=circles, linewidth=1, color=red)
plot(SR?(TDselll ? TDsellh : na):na,style=circles, linewidth=1, color=lime)
barcolor(Barcolor?(sell? #FF0000 : buy? #00FF00 : sellovershoot? #FF66A3 : sellovershoot1? #FF3385 : sellovershoot2? #FF0066 : sellovershoot3? #CC0052 : buyovershoot? #D6FF5C : buyovershoot1? #D1FF47 : buyovershoot2? #B8E62E : buyovershoot3? #8FB224 : na):na)

No repainting at all?
+1 Reply
Hi Glaz, man just a clarification, the yellow 9 is confirmed 9? appreciate, thx a lot
+2 Reply
This gives clear Support and Resistance .
In my next indicator version i should consider such beautiful one for more consistent profit.


Reply
glaz MarxBabu
@MarxBabu, what i hate more that hidden code is spamming.
+14 Reply
@glaz, regret for the inconvenience .
+1 Reply
I think Resistance and support levels are backwards? why this TDbuyh ? TDbuyl:?
+10 Reply
eivsemb CryptoNTez
@CryptoNTez, yes seems like it when looking at other TD sequential scripts and tutorials. Any comment from the author?
Reply
glaz eivsemb
@eivsemb, yeap its from another script,link at the description above.
Reply
thank you so much this is amazing, but I was looking in the descript to find out what do the pink and yellow candles mean?
Reply
profiteerWagon wizardofdoitland
@wizardofdoitland, pinks are your TD 13-16 countdown (sell overshoot) and the yellows are your buy overshoot I think. But im sure you might have figured that out by now. If you look in the Plots at the very bottom you can see the Hex color codes used for the the overshoot colors and they are yellows and pinks.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out