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DeMark Sequential MT5

59 USD

Demo downloaded: 56

Published: 12 June 2021

Current version: 1.2

DeMark Sequential MT5

Indicators
Alvin Senjaya
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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Version 1.2 2021.06.13

Fix reset value on initialization

Version 1.1 2021.06.12

Added input for setup period, setup lookback period, countdown period, and countdown lookback period