TD Sequential -Setup

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  • 09/22/2017 at 2:49 PM #46957
    Despair

    On request I programmed the Thomas Demark indicator TD Sequential -Setup. It counts up to 9 consecutive bars to complete the setup and if the setup is completed with a “perfection buy /sell signal” it draws an arrow over/below the signal candle.

    2 users thanked author for this post.
    avatar bitsedegitsek, avatar golha
    09/22/2017 at 3:11 PM #46966
    Nicolas

    Good job! This one should be posted into the library 🙂

    1 user thanked author for this post.
    avatar bitsedegitsek
    09/22/2017 at 4:30 PM #46986
    juanj

    Very Nice! @Despair Mind doing something similar to represent Ichimoku Number Theory? Would really appreciate it?

    Basically, identify extreme fractals as below;

    i.e. high[4] > highest[4](high) and high[4]  > highest[4](high)[5]  = (4 lower highs on left and 4 lower highs on right)
    i.e. low[4] < lowest[4](low) and low[4]  < lowest[4](low)[5]  = (4 lower lows on left and 4 lower lows on right)

    Start numbering each bar from the last fractal counting up to 42, highlighting (via i.e. different color or bold text) numbers 9, 17, 26, 33 and 42

    Start a new count at each new fractal (i.e. possible that there can be multiple numbers above each other if a new fractal came before the end of the previous 42 number)

    Thus after each extreme fractal, a number sequence up to 42 will be counted regardless of whether a new extreme fractal was formed.

    The theory says that at or within very close proximity of these number sequences a major turn is likely.

    09/22/2017 at 4:46 PM #46988
    Despair

    @JuanJ: Sure, I can do so tomorrow. (shit I sound like if I was from spain, I always reply “tomorrow” LOL)


    @Nicolas    : Already done. 🙂

    09/22/2017 at 7:06 PM #47000
    baaz

    @Despair: Looks good Despair. Wondering, if you  could add the countdown (13 bars count down) in continuation of it? That was the difficult part for me, as it is more of a loop programming rather than linear.

     

    By the way, I have attempted TD setup (my own code in my original post) combined with Engulfing pattern, and it wasn’t that bad. Will try to put up some figures tomorrow (yea – now I sound like you 🙂 )

     


    @nicolas    :  I’ve notice your ability to convert MT codes… 🙂 maybe you can add on Despair’s code by using this ?

     

    Thanks.

    09/22/2017 at 8:31 PM #47010
    Despair

    Here is version 2.0 including TD Countdown (blue arrows).

    1 user thanked author for this post.
    avatar golha
    09/22/2017 at 8:54 PM #47015
    juanj

    Thank you, would really appreciate that. I did some further research on the topic and want to enhance my spec as follows:

    After identifying the first swing high/low using the below code:

     

    Let me explain using the following example;

    Starting with the swing low fractal as 1 draw the numbers 1, 9, 17, 26, 33, 42 just below the corresponding candle low in the color red.

    Since we have started with a swing low fractal, we are now looking for two more swing low fractals up to and equal to bar 42 of the red swing low number series.

    The same process for the above would be repeated for the following 2 fractals, except using the color blue for the next one and the color green for the last one (also drawn below the lows of the corresponding bars).

    We are now looking for the first swing high fractal after the 42nd bar of the first red number series of the swing low numbers.

    This will be our 1st swing high and will be indicated by the number 1 in red just above the high of the corresponding bar, do the same again for bars number 9, 17, 26, 33 and 42.

    We are now looking for two more swing high fractals again only up to and equal to bar 42 of the red swing high number series.

    The following two swing high number series will be marked exactly the same as the first one except using the color blue for the next one and the color green for the last one (also drawn above the lows of the corresponding bars).

    We are now going to repeat the whole process all over again, looking for the first swing low after the 42nd bar of the red swing high number series etc. etc.

    I have attached a crude picture drawn in MS paint to give you an idea of what I am looking for (the numbers aren’t exactly aligned due to their size).

    Thanks for your assistance!

     

     

    09/22/2017 at 9:06 PM #47017
    Despair

    OK, I will look at this closer tomorrow. Do you have a book reference for what you are trying here? 🙂

    09/22/2017 at 10:38 PM #47021
    juanj

    I do yes “Trading with Ichimoku Clouds by Manesh Patel – The Essential Guide to Ichimoku
    Kinko Hyo Technical Analysis”. there are literaly only a handful of people that understand the time and number theory behind Ichimoku.

    There are literally only a handful of people that understand the time and number theory behind Ichimoku.

    To save you some time I have started coding the indicator myself (.ITF Attached) but I still need to figure out how to switch back and forth between the different Number Series (Red, Blue, Green) for a specific Swing High/Low series (as annotated with the MS Paint Picture I attached in my previous post).

    1 user thanked author for this post.
    avatar bertrandpinoy
    09/22/2017 at 10:41 PM #47024
    Despair

    Thanks for the references. I will fix the indicator for you tomorrow.

    09/23/2017 at 8:56 AM #47030
    juanj

    @Despair I have done some more coding this morning on the indicator to fix the logic but now not getting anything returned. See latest .ITF attached.

    09/23/2017 at 10:06 AM #47036
    Despair

    I will take a look at it now but I prefer to start from scratch. Do you have a name for this indicator?

    09/23/2017 at 10:42 AM #47037
    baaz

    Hi’ Despair,

     

    Thanks.

     

    Version 2.0 seem to be png file? Or did you replace the 1st version at the top of this thread?

    09/23/2017 at 10:49 AM #47038
    Despair

    So, I’m done also with this one. Give me a name for this indicator and i will post it in the indicator forum.

    09/23/2017 at 10:50 AM #47040
    Despair

    @Baaz: Ops, my bad. here is V2.0 of the indicator.

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