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I have coded in the past the tom demark sequential for long, but
after backtesting it was not good
MaxGraph=14;
/********Optimize***********/
Opt1=9;
Opt2=13;
/*********Setup Buy*********/
TD1=IIf(Close<Ref(Close,-4),1,0);
TD2=IIf(BarsSince(BarsSince(TD1))==Opt1, 1,0);
TD3= H>=Ref(LLV(L,BarsSince(BarsSince(TD1))),-3);
TD4= Ref(C,-Opt1)>=Ref(C,-Opt2);
SetupBuy= TD3 AND TD2 AND TD4;
/***********SetupSell************/
TD1=IIf(Close>Ref(Close,-4),1,0);
TD2=IIf(BarsSince(BarsSince(TD1))==Opt1, 1,0);
TD3= L<=Ref(HHV(H,BarsSince(BarsSince(TD1))),-1);
TD4= Ref(C,-Opt1)<=Ref(C,-Opt2);
SetupSell= TD3 AND TD2 AND TD4 ;
/*********Count Buy ********/
CountBuy= Sum(IIf(C<Ref(C,-2),1,0),BarsSince(SetupBuy)+1);
/*********Count Sell ********/
CountSell= Sum(IIf(C>Ref(C,-2),1,0),BarsSince(SetupSell)+1);
/***********A***********/
B1= CountBuy >=Opt2;
B1= Hold(B1==0,2) AND B1;
Sell= SetUpsell;
Buy= SetUpbuy;
Ccount=IIf(B1,ValueWhen(B1,HHV(C,BarsSince(Buy))),0);
Hsetup=IIf(B1,ValueWhen(Buy,HHV(H,Opt1)),0);
BuyA=B1 AND (HighestSinceBars(Buy,Buy)<
HighestSinceBars(Sell,Sell)) AND
Hsetup > Ccount;
/******B**********/
B1= CountBuy >=Opt2;
B2= CountBuy >Opt2 AND Close > Ref(Close,-4);
Ccount=IIf(B1,ValueWhen(B1,HHV(C,BarsSince(Buy))),0);
Hsetup=IIf(B1,ValueWhen(Buy,HHV(H,Opt1)),0);
B1=Hold(B1==0,2) AND B1;
B2=Hold(B2==0,2) AND B2;
BuyB=ExRem(B2,B1) AND
(HighestSinceBars(Buy,Buy)<
HighestSinceBars(Sell,Sell)) AND
Hsetup > Ccount;
/*************C***********/
B1= CountBuy >=Opt2;
B3= CountBuy >Opt2 AND Close > Ref(High,-2);
Ccount=IIf(B1,ValueWhen(B1,HHV(C,BarsSince(Buy))),0);
Hsetup=IIf(B1,ValueWhen(Buy,HHV(H,Opt1)),0);
B1= Hold(B1==0,2) AND B1;
B3= Hold(B3==0,2) AND B3;
BuyC= ExRem(B3,B1) AND
(HighestSinceBars(Buy,Buy)<
HighestSinceBars(Sell,Sell)) AND
Hsetup > Ccount;
/***********D************/
B1= CountBuy >=Opt2;
B4= CountBuy >Opt2 AND Close>Open AND (C-O) > ((H-C)+(O-L)) ;
Ccount= IIf(B1,ValueWhen(B1,HHV(C,BarsSince(Buy))),0);
Hsetup=IIf(B1,ValueWhen(Buy,HHV(H,Opt1)),0);
B1=Hold(B1==0,2) AND B1;
B4=Hold(B4==0,2) AND B4;
BuyD= ExRem(B4,B1) AND
(HighestSinceBars(Buy,Buy)<
HighestSinceBars(Sell,Sell)) AND
Hsetup > Ccount;
/************Buy Signal********/
Buy=(BuyB OR BuyC OR BuyD) ;
Plot(C,"",IIf(Buy,5,1),64);
Plot(Buy*C,"",2,2);
/*
1 noir
2 white
3 blue pale
4 red
5 Vert
6 blue
7 jaune
8 Vert
9 Orange
11 Mauve
/***************end****************/
> Has anyone read Tom DeMark's Books or used his trend exhaustion
indicators (TD Sequential & TD Combo) ?
>
> I read a interesting article in July's Active Trader.
>
> Thanks in Advance,
> Brian
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