This rule assures that prices are advancing 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 declining in an orderly fashion. 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. Note: Each day in a look back period is a trading day. In the case where today’s close is equal or smaller than the close 4 trading days before, the setup must begin again. Long Trades: At least 9 consecutive closes are lower than the corresponding closes 4 trading days earlier (Close Close Index: i ~ Current Bar). Tested Variables: Countdown_Length & Time_Index (Definitions: Table 1):įigure 1 | Portfolio Performance (Inputs: Table 1 Commission & Slippage: $0). The final picture shows sensitivity of Equity Curve. Sensitivity TestĪll 3-D charts are followed by 2-D contour charts for Profit Factor, Sharpe Ratio, Ulcer Performance Index, CAGR, Maximum Drawdown, Percent Profitable Trades, and Avg. Portfolio: 42 futures markets from four major market sectors (commodities, currencies, interest rates, and equity indexes). Long Trades: Enter on the close if Close > Close Short Trades: Enter on the close if Close < Close. Index: i ~ Current Bar. Trade Entry: There are three entry methods explained in the Table 1. Trade Setup: There are tree stages explained in the Table 1 (Setup, Intersection, and Countdown). Research Goal: Performance verification of the TD Sequential™ pattern with time exits only (TD Sequential™ is a trademark of Market Studies, LLC). Concept: Trend reversal using exhaustion points. ![]() Trading Indicatorĭeveloper: Thomas DeMark: TD Sequential. & then I guess it’s the opposite for sell setups.TD Sequential | Trading Indicator (Countdown & Exit) I. TD Buy Countdown bar one is postponed until it does, and the TD Buy CountdownĬontinues until there are a total of thirteen closes, each one less than, or equal to, TD Buy Setup is in place, look for the initiation of a TD Buy Countdown.īar nine of a TD Buy Setup also has a close less than, or equal to, the low two barsīar nine of a TD Buy Setup becomes bar one of a TD Buy Countdown. One can start looking for the first bar of a TD Buy Countdown High two bars earlier for a prospective sell.This price relationship isĪn important distinction from TD Setup, because the market mustīe trending for TD Countdown to objectively identify the likely TD Countdown compares the current close with the low two barsĮarlier for a potential buy, and compares the current close with the.TD Setup compares the current close with the corresponding close.The distinction between the two strategies is this: Of bar nine of TD Setup (inclusive), onward. Once TD Setup is complete,TD Countdown can begin, from the close TD Buy Setup bar nine)-is interrupted, the developing TD Buy Setup Than the closing price four bars earlier (up to and including the close of If, at any point, the sequence-of nine consecutive closing prices less Than the corresponding close four bars earlier. Indicates a switch from positive to negative momentum.Ī Bearish TD Price Flip occurs when the market records a close greater than theĬlose four bars earlier, immediately followed by a close less than the close four barsĪfter a bearish TD Price Flip, there must be nine consecutive closes, each one less The prerequisite for a TD Buy Setup is a Bearish TD Price Flip, which priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade priceexit = MINPRICE+trailingstop*pointsize //set the exit price at the MFE + trailing stop price level ![]() if tradeprice(1)-MINPRICE>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then ![]() MINPRICE = MIN(MINPRICE,close) //saving the MFE of the current trade * resetting variables when no trades are on market If tradeprice(1)-MINPRICE>=TGS*pointsize then If MAXPRICE-tradeprice(1)>=TGL*pointsize then Stops and targets : Enter your protection stops and profit targets here IF ShortOnMarket AND YourConditions THEN IF NOT ShortOnMarket AND ShortConditions THEN ShortConditions = s0 AND s1 AND s2 AND s3 AND s4 Detection of TD Setup Sell signal - perfection S1= Close Close AND Close > Close AND Close > Close AND Close > Close AND Close > Close AND Close > Close AND Close > Close AND Close > Close
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