Financial Indicator Overview
The TD Sequential indicator is an indicator based on Tom Demark’s work and its purpose is to identify uptrend and downtrend exhaustion points. TD Sequential is composed by two parts, the TD setup and TD phase. Each part is a countdown of consecutive bearish or bullish candles which start at the point that the closing price of a candle is lowest/highest from the 4th last candle.
TD Sequential is used to identify trend exhaustion points and possible reversal points. It can be used for spotting exit points for trend following strategies as well as entry points for retracement based strategies. Based on the indicator setup a dot will appear on the chart indicating potential trend reversal (green signalling sell trend exhaustion and red signalling buy trend exhaustion).
Our implementation of TD Sequential comes with the following features
- TD setup countdown bars.
- Show/Hide setup countdown bars.
- TD phase countdown bars.
- Show/Hide phase countdown bars.
- Bar Colors.
Configurable Parameters Explained
Your adjustable parameters are shown below with explanations of the less obvious ones.
~ Source Code Not Included ~
We offer a 7-day free trial of this indicator, you will need to contact us and ask for the trial and we will send it to your email address.
Please do not forget to tell us the name of this product when you contact us.
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How To Install The Indicator
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.
Problems Installing or Using The Software?
If you have any problems installing this product or if you find any bugs, just click on the link below and we will investigate.
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* Manual trading only - source code not available.