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...
Hello ladies and gentlemen
I'm back in my (almost daily) publishing challenge - to educate/show pinescript not commonly known tips
↑ Trend Direction ↓
Remember that script ?
I often use it to detect higher highs or lower lows. When an oblique/diagonal breaks, it indicates that a trend may move in the opposite direction.
Combining this along with other...
This is backtest framework for position management of indicators based on systems that are used for position management of gambling systems. All examples describes situation that position unit is 100$ of given asset. For tracking there are used pinescript arrays. In all strategies I have built some max extremes for given strategy(not originaly part of...
TD Sequential indicator by glaz,
Modified to include two alert conditions:
Buy signal - Red 5 or 9 printed while stochastic %D line oversold.
Sell signal - Green 5 or 9 printed while stochastic %D line overbought.
A new approach to trend/time analysis. This indicator counts up/down price moves using fuzzy logic in two time frames. Counts reaching Fibonacci numbers are often significant to trend momentum: either reversal or stronger continuation. See the script’s beginning comments for details.
I’m amazed with DeMark and all his indicators. But after coding a TD_Sequential...
It ’s a common TD Sequential.
It ’s easy to flip when counting 9 and 13 and beyond.
It is annoying to display numbers above and below the bar, so I am making it possible to change the display position
After 10 it is displayed as a hexadecimal number. A = 10, B = 11, C = 12, D = 13, E = 14, F = 15, X = 16
Is it a novelty to try to make the △ of the count the color...
A Sequential,--" Like Tone Vays"
But Color changing with the count First 1-9 Up are Green - 2nd 1-9 Blue - the 3rd 1-9 Purple --With each color change showing a more overbought condition!
The First 1-9 Down are Red - 2nd 1-9 Orange - the 3rd 1-9 yellow-- With each color change showing a more overbought condition!
Modified version of the original TD Sequential. source code from `glaz`.
Basically bigger labels on 8s and 9s. and low transparency on 1 to 4 candles.
When a 8 or 9 comes up it means the trend is exhausted (the buyers of an uptrend or sellers on a downtrend)
For more in depth information, Search for TD Sequential . this indicator is just the TDS numbers on...