Hi
The following lines relating TD sequential formula. I copied this table from Demark.pdf book from somewhere. The TD Sequential formula is available in formula library, but in that formula it is ending with 9.....after that.........what action we should taken? And also i'm posting one file in files section called "Impressive signals from Demark.pdf". Kindly read that file i hope someone can convert this code afl language. regards... ajay ======================= TD Sequential -- TD SEQ ========================= Sequential is a pattern recognition technique designed to identify both high risk and low risk entry zones. This indicator is contratrend since it anticipates areas of price exhaustion which often occur just prior to, or coincident with, price turning points. There are two components to Sequential -- the Setup and the Countdown phases. Whereas minor price reversals are generally associated with the completion of Setup, major turning points are typically identified upon completion of Countdown. A Buy Setup is a series of "X" consecutive trading bar closes less than the close "Y" trading bar closes earlier. These are displayed on a chart with blue numbers positioned beneath each respective bar. Conversely, a Sell Setup is a series of "X" consecutive trading bar closes greater than the close "Y" trading bar closes earlier. These are displayed on a chart with red numbers positioned above each respective bar. Prior to completion of Setup, the Setup must be "perfected" or "qualified" by successfully fulfilling a process called Intersection. Countdown will not commence until Intersection has occurred. Intersection occurs for a Buy Setup once the high of bar eight (8) or of bar nine (9) or the first subsequent bar to any standard nine (9) bar Setup is greater than or equal to the low of any bar three or more bars earlier up to and including the first bar of the Setup. Conversely, Intersection occurs for a Sell Setup once the low of bar eight (8) or of bar nine (9) or the first subsequent bar to any standard nine (9) bar Setup is less than or equal to the high of any bar three or more bars earlier up to and including the first bar of the Setup. UNLESS other conditions are selected during the Countdown process, should the market complete another Setup, "Before, On, or After the Countdown is complete and prior to the first bar of a new Setup in the other direction", the Countdown must begin again. This method of cancellation of the ongoing Countdown and restarting is called Recycle. Parameters for TD Sequential ================================ Parameter = Default = Description ================================ Color = Setup: Blue CountDown: Red Intersection: Blue = Colors used for Setup (blue), CountDown (red), and Intersection (blue). Setup Price CountDown Price = Close = Price used for comparing previous bars. Optional choices are: open, high, true high, low, true low, close, mid-point, HLC/3, average, buy high/sell low, buy low/sell high, buy true high/sell true low, buy true low/sell true high. Setup Period 4 = This user selects the specific reference bar for establishing Setup; i.e. current bar versus previous bar - (4). CountDown Period 2 = This user selects the specific reference bar for establishing CountDown; i.e. current bar versus previous bar - (2). Intersection Period = On = Selected via a checkbox. Setup Signal = 9 = This selection determines number of trading bar comparisons for establishing Setup. CountDown Signal = 13 = This selection determines the number of trading bar comparisons for establishing CountDown. Intersection Signal = 8 = This selection determines the first bar of Setup to look for Intersection. Setup Advanced = Cancels >>> Access to the Cancels Dialog for TD Sequential. Countdown Advanced = Parameters >>> Access to Parameters Dialog for TD Sequential. Intersection Advanced = Qualifiers >>> Access to Qualifiers Dialog for TD Sequential. Setup Display = both = This selection allows for the display of both the Setup and the CountDown. Optional settings: include only Setup or include only cDown. Countdown Display = Levels >>> Access to the Countdown Levels Dialog. Setup Update = 1. The user selects the conditions required for Canceling Setup once Countdown begins. These conditions may be turned on/off individually via the Setup Cancels Dialog checkboxes.
