Thomas DeMark Sequential System

[val2004]

thanks for the link

Smart Trade, is it this one that you are using on amibroker ?

 

[shailendra 28]

Ok you have attached it but where to access it ? Pls. Provide the link or just post afl as any other post

 

[Shantala]

Request seniors to advise on
Entry, stoploss, exit
How to read blue and red lines
Any other observation in following chart.

Its POLARIS

 

[Smart_trade]

Request seniors to advise on
Entry, stoploss, exit
How to read blue and red lines
Any other observation in following chart.

Its POLARIS

I wold not recommend using TDST as a stand alone indicator or a trading system, but if combined with other indications it works great.

The red lines are support lines and blue lines are resistance lines. These lines can be used as trend indicator....so if we have been in a downtrend and we cross a nearest blue resistance line, it means that the uptrend has started.Similarly, if a red line is cracked , it means downtrend has started.

These lines could be used for profit booking also. suppose the market has been going up and it completes 9 brs of sell set up...but it is unable to close above the blue TDST, it is advisable to book profits there as the market is likely to exhaust its upmove there. So these TDST lines can be used for many indications.

For entry, one can enter long above a pivot high above a blue TDST line with stoploss at the pivot low below the TDST line....we can also use a TDST from higher timeframe of say 30 min , and enter on a 5 min pivot high above that line with stoploss of 5 min pivot low below the line. In this way we can catch a big trend with small stoploss.

Smart_trade

 

[techtrader2]

Thanks ST

I have a query...Say we have gone short in NF on 29 May because NF went below red TDST line (shown by 1st orange circle). On 31 May NF went above the blue TDST line so we exited shorts (shown by second orange circle). After some time it went below the blue line again. Should we reinitiate shorts?

 

[val2004]

SmartTrade, can you Please post again td sequential


Thanks

 

[val2004]

Can you please post the td sequential code

thanks

i wold not recommend using tdst as a stand alone indicator or a trading system, but if combined with other indications it works great.

The red lines are support lines and blue lines are resistance lines. These lines can be used as trend indicator....so if we have been in a downtrend and we cross a nearest blue resistance line, it means that the uptrend has started.similarly, if a red line is cracked , it means downtrend has started.

These lines could be used for profit booking also. Suppose the market has been going up and it completes 9 brs of sell set up...but it is unable to close above the blue tdst, it is advisable to book profits there as the market is likely to exhaust its upmove there. So these tdst lines can be used for many indications.

For entry, one can enter long above a pivot high above a blue tdst line with stoploss at the pivot low below the tdst line....we can also use a tdst from higher timeframe of say 30 min , and enter on a 5 min pivot high above that line with stoploss of 5 min pivot low below the line. In this way we can catch a big trend with small stoploss.

Smart_trade

 

[techtrader2]

ST actually once we are in a trade how do we exit..reeenter
1) do we have to check if blue below red or blue above red? Long above blue means should we check if blue is above red....or can we go long on blue even if blue is below red?
2) suppose we short on red break...do we exit if we go above blue? what if we go below blue again and blue is below red...do we enter shorts again?

thanks

 

[Shantala]

Request seniors to advise on
Entry, stoploss, exit
How to read blue and red lines
Any other observation in following chart.

Its POLARIS

ST da,

I went long at 117 with SL 105, now this trade is in good profit and touched blue line.

Any suggestions for target.

 

[Bewinner]

ST..Is it possible to repost your TDST afl again(which u r using)?
http://www.traderji.com/technical-analysis/23286-thomas-demark-sequential-system-27.html#post581725

Waiting for your reply.