Thomas DeMark Sequential System

[Smart_trade]

ST, if we get a positive daily close today, will the numbering start from 1 again?

no....combo sell mode has nothing to do with any single day's positive close. If we get a close above 5600 and then next day the high of the bar broken....we will have our stoploss hit....in which case we look for another set up and countdown series all over again....and market will go up much higher...

Sequential completed its 13 bars countdown yesterday....so still to trigger a sell....but I am going with Combo as it triggered first....

Remember that this is a position trading system....for day/swing trades the trend is still up so we have to day/swing trade from long side.

Smart_trade

 

[Kedarnath]

Hi ST,

Thanks a lot for sharing your valuable work with us.

When i used it...its showing stars instead of countdown numbers 1,2,3 to 13 ...
can u pls make changes for the same and share with us..

Thanks for guiding us to understand TD System.

Regards,

Kedar

The AFL I am using is attached. Please rename the file as TDST.afl and copy paste in Programme Files.......Amibroker---Formulas----custom folder

Smart_trade

 

[sudris]

Hi ST,

Thanks a lot for sharing your valuable work with us.

When i used it...its showing stars instead of countdown numbers 1,2,3 to 13 ...
can u pls make changes for the same and share with us..

Thanks for guiding us to understand TD System.

Regards,

Kedar

Hi Kedar,

read post # 285

 

[anilnegi]

ST ji

IS THERE ANY REVISION IN STOPLOSS & TARGET

ANIL

 

[LivetoTrade]

ST, though intraday NF went over 5600, close is below 5600, so the pattern remains unchanged - do I understand right?

 

[Smart_trade]

ST ji

IS THERE ANY REVISION IN STOPLOSS & TARGET

ANIL

No revision in stoploss..target let the expected downmove start, once it makes 9 set up bars in reverse direction then depending on where the market is in relation to TDST, we will decide whether to take profits there or wait for the sequential completion in reverse direction...still time for that.

Smart_trade

 

[Smart_trade]

ST, though intraday NF went over 5600, close is below 5600, so the pattern remains unchanged - do I understand right?

Yes correct....

ST

 

[balasoft80]

Hi ST,
While taking the position on this method, which month future we have to take it? 3 rd month? This may be very silly question. But i am not aware of this

Thanks
Bala

 

[anayash]

NF touched the uptrending TD Line(Red Line) today! A close below this line should trigger shorts! Also, a gap down 2moro below this line could take the market much lower!

If today's low is kept intact tomorrow & Nifty closes up 2moro...a new TD point will be formed at today's LOD!

Hence the blue line will be the new TD Line which we will have to watch out for!

P.S. I request ST to correct me if I am going wrong somewhere!:thumb:

 

[sanjosedesi]

NF touched the uptrending TD Line(Red Line) today! A close below this line should trigger shorts! Also, a gap down 2moro below this line could take the market much lower!

Do clarify what you mean by "much lower".