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Date/Time: Fri, 26 Apr 2024 13:35:59 +0000



Post From: Tom DeMark indicators

[2016-11-24 12:05:45]
michelh - Posts: 159
I have paid for the development of TD Setup, TD Sequential/Countdown and TD Combo and TD REI (see screenshot).

Red horizontal lines are resistance for TD setup
Green horizontal lines are support for TD Setup

Blue Numbers are setup
Green numbers are sequential
Yellow Numbers are Combo

13s sequential or combo are accented with an arrow above the 13.

The coding is by the book. However, the recycle criteria are NOT coded. So EVERY SETUP is shown and if it recycles, you will have to mentally ignore the sequential and combo from a recycled setup.

I have attached the daily chart of gold. As you can see:
there was a sequential countdown on the test of the top.
setups frequently mark a pause in the trend
corrections frequently terminate on setup support/resistance levels.

As I said, the only drawback with this code is that the recycle criteria are not coded - so you will have to think if you get 2 setups in the same direction as to which one is the valid one.

If this is of interest to you and you want to offset a portion of my cost of development, msg me.
Date Time Of Last Edit: 2018-04-28 01:00:18
imageGC-201612-NYMEX Daily #21 2016-11-24 06_58_32.977.png / V - Attached On 2016-11-24 12:01:24 UTC - Size: 128.27 KB - 1541 views