brobear

TD Sequential

A flexible rendition of TD Sequentials. Many parameters can be adjusted via user input.

With crypto markets trading 24/7, I wanted to adjust the behavior of the sequential counts to "dial in" a market. Default settings replicate the original TD Sequential behavior (9s and 13s), but you can select other numbers to better fit your market and timeframe.

It took awhile for me to learn TD Sequentials and Pine, so I added a lot of comments in the script to keep myself organized. My hope is that, with a flexible tool in hand, crowd wisdom will converge on effective settings (maybe the defaults... maybe not!)

Cheers
Catatan Pelepasan: Fixed bug in Setup Buy signal, pointed out by @fernandofurtado
Catatan Pelepasan: - Added Aggressive Countdown feature. Countdowns can be switched between normal and aggressive via user input "Countdown: Aggressive"
- Minor adjustment to calculation of deferred perfected Setup events (pointed out by @fernandofurtado): all bars are evaluated during a deferred window, rather than just bars counting in the same trend.
- Added a short title to the indicator: "TD Seq"
Catatan Pelepasan: - Added TD Risk Level for setups, countdowns, and recycled events. Disabled by default.
- Reduced shading between TDST support/resistance, when resistance is below support.
Catatan Pelepasan: Release Notes: Added alert conditions for setups, countdowns and recycled countdowns. See code comments (near the top) for a full description.
Skrip sumber terbuka

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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