Hi’ guys,

I’ve been looking for a TD Sequential code for ProReal some time, but without luck. Hence, I started to code it myself… but I must admit that since then my understanding of the TD sequential has expanded. I already see, that adding TDST support and TD countdown will be difficult for me as I have to store it. I’ve found this code on MetaTrade, which would be useful, if someone can help convert it.

I think, I got the TD Setup correct, but missed the TD flip prior to it. Further, I need to:

1. Add TDST support/resistance lines
2. Add TD Countdown both for buy and sell
3. Add TD Countdown perfection signal
4. Add actual buy/sell signal

DEFPARAM CUMULATEORDERS = FALSE
//DEFPARAM FLATBEFORE = 080000
DEFPARAM FLATAFTER = 230000

//indicators

Indicator1 = Volume

//Buy Conditions

b0 = Indicator1 > 500

// Detection of TD Setup buy signal

b1 =  Close < Close[5] AND Close [2] < Close[6] AND Close[3] < Close[7] AND Close[4] < Close[8] AND Close[5] < Close[9] AND Close[6] < Close[10] AND Close[7] < Close[11] AND Close[8] < Close[12] AND Close[9] < Close[13]

// Detection of TD Setup buy signal - perfection
b2 = Close OR Close[2] < Low[6]
b3 = Close OR Close [2] < Low[7]

// TD Countdown (Buy)
b4 = 0
For ****

BuyConditions = b0 AND b1 AND b2 AND b3 AND b4 


// Conditions to enter long positions
IF NOT LongOnMarket AND BuyConditions THEN
BUY 1 CONTRACTS AT MARKET
ENDIF

// Conditions to exit long positions
//If LongOnMarket AND YourConditions THEN
//SELL AT MARKET
//ENDIF

// ***** Short Conditions *****

s0 = Indicator1 > 500

// Detection of TD Setup Sell signal

s1=  Close < Close[5] AND Close [2] > Close[6] AND Close[3] > Close[7] AND Close[4] > Close[8] AND Close[5] > Close[9] AND Close[6] > Close[10] AND Close[7] > Close[11] AND Close[8] > Close[12] AND Close[9] > Close[13]

// Detection of TD Setup Sell signal - perfection
s2 = Close OR Close[2] > Low[6]
s3 = Close OR Close [2] > Low[7]


// TD Countdown (Sell)
s4 = 0
For i=0 **** 

ShortConditions = s0 AND s1 AND s2 AND s3 AND s4

// Conditions to enter short positions
IF NOT ShortOnMarket AND ShortConditions THEN
SELLSHORT 1 CONTRACTS AT MARKET
ENDIF

// Conditions to exit short positions
//IF ShortOnMarket AND YourConditions THEN
///EXITSHORT AT MARKET
//ENDIF

// Stops and targets : Enter your protection stops and profit targets here

SET TARGET PPROFIT xx

SET STOP PLOSS xx


// **** Stops and targets ***

//DYNAMIC TRAILING STOP
 
myATR = averagetruerange[14](close)
TGL =1*myATR //DYNAMIC TRAILING
TGS=13*myATR //DYNAMIC TRAILING
if not onmarket then
MAXPRICE = 0
MINPRICE = close
PREZZOUSCITA = 0
ENDIF
if longonmarket then
MAXPRICE = MAX(MAXPRICE,close)
if MAXPRICE-tradeprice(1)>=TGL*pointsize then
PREZZOUSCITA = MAXPRICE-TGL*pointsize
ENDIF
ENDIF
if shortonmarket then
MINPRICE = MIN(MINPRICE,close)
if tradeprice(1)-MINPRICE>=TGS*pointsize then
PREZZOUSCITA = MINPRICE+TGS*pointsize
ENDIF
ENDIF
if onmarket and PREZZOUSCITA>0 then
EXITSHORT AT PREZZOUSCITA STOP
SELL AT PREZZOUSCITA STOP
ENDIF



//TRAILING STOP

//trailingstop = t2
 
// * resetting variables when no trades are on market
//if not onmarket then
//MAXPRICE = 0
//MINPRICE = close
//priceexit = 0
//endif
 
// *case SHORT order
//if shortonmarket then
//MINPRICE = MIN(MINPRICE,close) //saving the MFE of the current trade
//if tradeprice(1)-MINPRICE>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then
//priceexit = MINPRICE+trailingstop*pointsize //set the exit price at the MFE + trailing stop price level
//endif
//endif
 
// *case LONG order
//if longonmarket then
//MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade
//if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then
//priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level
//endif
//endif
 
// *exit on trailing stop price levels
//if onmarket and priceexit>0 then
//EXITSHORT AT priceexit STOP
//SELL AT priceexit STOP
//endif


// DONCHIAN STOP
//IF LONGONMARKET THEN
//DC= s1
//ENDIF

//IF SHORTONMARKET THEN
//DC= s2
//ENDIF
//e= Highest[DC](high)
//f=Lowest[DC](low)
//if longonmarket  then
//laststop = f[1]
//endif
//if shortonmarket  then
//laststop = e[1]
//endif
//if onmarket then
//sell at laststop stop
//exitshort at laststop stop
//endif

In addition, I am trying to test which stop/profit formula would be best including a dynamic trailing. Ideally, the stop level should be slightly lower than the TDST support.

I would also highly appreciate view of others on Demark indicators and the performance hereof in day trading.

Looking forward to your suggestions.