Market / MetaTrader 5 / Indicators /

DeMark Sequential MT5

59 USD

Demo downloaded: 72

Published: 12 June 2021

Current version: 1.2

DeMark Sequential MT5

Indicators
Alvin Senjaya
Alvin Senjaya
Indonesia

454
Version: 1.2
Updated: 13 June 2021
Activations: 5

The indicator has two components: TD Setup, which relies on momentum to define price ranges, and TD Countdown, which is trend based, and looks for low-risk opportunities to fade established directional moves.

Input

MaxBars - Number of bars to calculate
SetupPeriod - Number of period or bar to complete TD Setup
SetupLookbackPeriod - Number of period or bar lookback to compare for TD Setup
CountdownPeriod - Number of period or bar to complete TD Countdown
CountdownLookbackPeriod - Number of period or bar lookback to compare for TD Countdown
SignalOpenOnSetupPerfection - Display arrow and give entry signal on TD Setup perfection
SignalOpenOnSetupPerfectionConservative - Display arrow and give entry signal on Price Flip after TD Setup perfection
SignalOpenOnCountdownPerfection - Display arrow and give entry signal on TD Countdown perfection
SignalOpenOnCountdownPerfectionConservative - Display arrow and give entry signal on Price Flip after TD Countdown perfection
SignalOpenOnPerlRules - Display arrow and give entry signal on TD Setup perfection and closing price hasn't break support and resistance
SignalOpenOnPerlRulesConservative - Display arrow and give entry signal on Price Flip after Perl Rules established
SignalOpenOnTrendExtension - Display arrow and give entry signal on TD support/resistance break in setup process
SignalOpenOnBreakout - Display arrow and give entry signal if price close below or above support or resistance
ShowCount - Display setup count and countdown count on chart
BuySetupColor - Number color on buy setup
SellSetupColor - Number color on sell setup
CountdownColor: Number color on countdown
Font - Number font
FontSize - Number size
ArrowWidth - Size of arrow that give signal
PixelDistance - Distance of arrow that give signal from candle
Prefix - Prefix for object name on chart
AlertBox - Notification by alert box on entry signal given
AlertEmail - Send email notification by alert box on entry signal given
AlertPushNotification - Send push notifications to the mobile terminals on entry signal given

Buffer for iCustom()

Buffer #0 - TDST Resistance: actual price level. EMPTY_VALUE if price already close above resistance level.
Buffer #1 - TDST Support: actual price level. EMPTY_VALUE if price already close below support level.
Buffer #2 - Setup: candle number - positive for Buy Setup, negative for Sell Setup. 0 on empty value.
Buffer #3 - Countdown: candle number - positive for Buy Countdown, negative for Sell Countdown. 0 on empty value.
Buffer #4 - Setup Perfection: 1.0 for Buy Setup Perfection, -1.0 for Sell Setup Perfection. 0 on empty value.
Buffer #5 - Signal: 1.0 for Buy Signal, -1.0 for Sell Signal. 0 on empty value.

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Tom DeMark developed TD Sequential by hand, through a process of trial and error, in the 1970s. It never ceases to amaze me how something originally created to analyze daily price data can be applied so effectively, more than thirty years later, to any time frame—from one minute to one year—and to any market. The indicator has two components: TD Setup, which relies on momentum to define price ranges, and TD Countdown, which is trend based, and looks for low-risk opportunities to fade establishe

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DeMark Sequential MT5

Alvin Senjaya