The script combines my favorite signals then filters them with three EMAs.
Via the Style tab, you can choose to either have the signals color the bar and/or plot a shape above/below.
All signals can be turned off via the Inputs tab, which will remove the bar color and/or shape (if not already off in the Style tab) as well as remove the pattern from the alerts...
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...
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...
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.
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...
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.
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...
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...
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...
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....
A nice collection of Buy/Sell indicators.
Send me some love if you find this useful:
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.
This is the first script I publish. Be harsh.
About the indicator : I learned about it yesterday, it's a quite safe indicator since the condition countdown = 13 doesn't happen very often.
Numbers above chart are setup numbers
Big numbers below the chart are countdown Numbers.
Green : buy setup
Orange : sell setup
green star : sucessful buy intersection
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.
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...
A heat map for TD counts. If you find this useful or yank the code, please consider a donation :)