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 displayed as the character 'A' under an arrow.
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 displayed as the character 'A' under an arrow.
Versionshinweise:
Minor code correction
Versionshinweise:
Added setup trend lines.
Differentiate between imperfect/perfected setup by setting the 9's arrow color to orange/red or lime/green.
Differentiate between imperfect/perfected setup by setting the 9's arrow color to orange/red or lime/green.
Versionshinweise:
Fix bug when calculating non-perfected buy setup
Versionshinweise:
Add setting to control the continuous setup count feature. If deselecting it, the script will not start a new setup count if a setup in the opposite direction has not started.
Versionshinweise:
Implemented countdown cancellation according to the rules:
- A setup appears in the opposite direction.
- Close above the highest high for the current setup (break of TDST)
- Recycle occurs (new setup in the same direction)
- A setup appears in the opposite direction.
- Close above the highest high for the current setup (break of TDST)
- Recycle occurs (new setup in the same direction)
Versionshinweise:
Implement countdown qualifier - the low of countdown bar 13 must be lower (buy) / higher (sell), or equal to the close of countdown bar 8. A postponed countdown bar 13 is marked with a '+'.
Versionshinweise:
Migrate to version 3 + code cleanup
Versionshinweise:
Add setting to control the countdown numbers, either "Standard" or "Aggressive". The countdown type that is not chosen will have its 13 countdown marked with either "S" or "A".
Versionshinweise:
Countdown text color bug fix
Versionshinweise:
Fix bug when calculating setup perfection ("8 & 9 higher/lower than 6 & 7" should be "8 or 9 higher/lower then 6 & 7")
Versionshinweise:
- Update to version 4
- Clean up plots for easier use with alerts
Versionshinweise:
No code changes.
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