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 of 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).
Extra Features
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.
- Alerts.
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.
How To Install
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.
Join Telegram Community
You can join a Telegram community and chat with other traders to discuss, share and ask for help.
