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Many of you asking me to sent the expert file. So, I send again the content of the formula and the expert file.
Formula:
TDSeqBuySignal
(C < Ref(C,-4) AND Ref(C,-1) < Ref(C,-5) AND Ref(C,-2) < Ref(C,-6) AND Ref(C,-3) < Ref(C,-7) AND Ref(C,-4) < Ref(C,-8) AND Ref(C,-5) < Ref(C,-9) AND Ref(C,-6) < Ref(C,-10) AND Ref(C,-7) < Ref(C,-11) AND Ref(C,-8) < Ref(C,-12) )
TDSeqSellSignal
(C > Ref(C,-4) AND Ref(C,-1) > Ref(C,-5) AND Ref(C,-2) > Ref(C,-6) AND Ref(C,-3) > Ref(C,-7) AND Ref(C,-4) > Ref(C,-8) AND Ref(C,-5) > Ref(C,-9) AND Ref(C,-6) > Ref(C,-10) AND Ref(C,-7) > Ref(C,-11) AND Ref(C,-8) > Ref(C,-12) )
For Expert System Name : ThomasDeMarkSequential Notes : TD Sequential Chapter 7, Figures 7.28 - 7.31. "Sequential" is a Trademark held by Thomas R. DeMark. "Price Countdown" is a Trademark held by Thomas R. DeMark. "Price Intersector" is a Trademark held by Thomas R. DeMark. Idea taken from "The New Science of Technical Analysis" by Thomas R. DeMark, published by John Wiley & Sons, New York, 1994.
Commentary: Thomas DeMark Indicator of () Writeif( Fml( "TDSeqBuySignal" ) , "Sequential Setup is at 9 down. The minimum conditions for a valid 'Nine Count' Setup Down have been satisfied. Expect the market to stabilize or to produce a short term reversal to the upside. However, unless the market is in a free fall or the larger trend is up, this reversal should be temporary and the decline should resume later. For More Information on the 'DeMark Indicators' contact: Duane Davis P.O. Box 736 Fairview, NC 28730 (704) 628-4222 Voice (704) 628-3100 Fax Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.")\ Writeif( Fml( "TDSeqSellSignal" ) , "Sequential Setup is at 9 up. The minimum conditions for a valid 'Nine Count' Setup Up have been satisfied. Expect the market to stabilize or to produce a short term reversal to the down side. However, unless the market is in a blow off phase or the larger trend is down, this pullback should be temporary and the advance should resume later. For More Information on the 'DeMark Indicators' contact: Duane Davis P.O. Box 736 Fairview, NC 28730 (704) 628-4222 Voice (704) 628-3100 Fax Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice." )
Highlights: (choose the color for yourself) TDSeqBuySignal : Fml("TDSeqBuySignal") TDSeqSellSignal : Fml("TDSeqSellSignal")
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