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TD Sequential | Trading Indicator

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[2017-10-03 21:23:06] #1 [Go To First Post]
N!co - Posts: 140
Hi, Could you please consider adding the Thomas DeMark TD Sequential \| Trading Indicator Explained here : https://oxfordstrat.com/indicators/td-sequential-2/ Source: (i) DeMark, T. R. (1994). The New Science of Technical Analysis. New Jersey: John Wiley & Sons, Inc.; (ii) Kaufman, P. J. (2005). New Trading Systems and Methods. New Jersey: John Wiley & Sons, Inc. TD Sequential: Setup Long Trades: At least 9 consecutive closes are lower than the corresponding closes 4 trading days earlier (Close < Close; Index: i ~ Current Bar). In the case where today’s close is equal or greater than the close 4 trading days before, the setup must begin again. Short Trades: At least 9 consecutive closes are higher than the corresponding closes 4 trading days earlier (Close > Close; Index: i ~ Current Bar). In the case where today’s close is equal or smaller than the close 4 trading days before, the setup must begin again. Note: Each day in a look back period is a trading day. TD Sequential: Intersection Long Trades: The high of any day on or after the 8th day of the setup is greater than or equal to the low of any day 3 or more days earlier. This rule assures that prices are declining in an orderly fashion. Short Trades: The low of any day on or after the 8th day of the setup is lower than or equal to the high of any day 3 or more days earlier. This rule assures that prices are advancing in an orderly fashion. TD Sequential: Countdown Long Trades: Once the setup and intersection are satisfied, we count the number of days in which the close is lower than the low 2 days earlier (Close < Low; Index: i ~ Current Bar). The days that satisfy this requirement do not need to be in a row. When the countdown reaches 13, the countdown is completed and we get a buy signal unless one of the following conditions occurs: (a) A new setup is formed simultaneously as the countdown process is taking place; (b) There is a close that exceeds the highest intraday high that occurred during the setup stage. Short Trades: Once the setup and intersection are satisfied, we count the number of days in which the close is higher than the high 2 days earlier (Close > High; Index: i ~ Current Bar). The days that satisfy this requirement do not need to be in a row. When the countdown reaches 13, the countdown is completed and we get a sell signal unless one of the following conditions occurs: (a) A new setup is formed simultaneously as the countdown process is taking place; (b) There is a close that exceeds the lowest intraday low that occurred during the setup stage.


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[2018-04-02 18:26:52] #2 [Go To First Post]
equinox - Posts: 11
I second to this. The Demark Sequential is unique in identifying bottoms in trends, and for countertrend trading. I sound like a commercial)

[2018-10-09 06:44:25] #3 [Go To First Post]
EdCarp - Posts: 25
I also would like to see this. :)

[2018-10-09 15:35:46] #4 [Go To First Post]
KXRCap - Posts: 52
Ditto - This would be a great addition!!!

[2018-10-09 18:57:04] #5 [Go To First Post]
EdCarp - Posts: 25
In the description posted at the top of this thread, this was done on a daily chart, so "days" should be read as "bars". There's a similar description from Jason Perl's book about DeMark indicators at http://practicaltechnicalanalysis.blogspot.com/2013/01/tom-demark-sequential.html

[2018-11-20 17:38:33] #6 [Go To First Post]
NG1980 - Posts: 38
I'd also like to see the TD indicators

[2019-02-14 11:47:18] #7 [Go To First Post]
User964132 - Posts: 93
YES, that would be nice!! Looking forward to this!

[2019-02-14 16:06:36] #8 [Go To First Post]
User90125 - Posts: 715
+1

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