Tom de mark sequential monitor for nifty50 stocks

[travi]

I do not have Amibroker. Use manual counting only.

I have tried it on Dr.reddy's chart(my 1st attempt,so could be wrong too)

Counting is fine and continue using daily charts :thumb:

 

[vivektrader]

 

[phoenixbird]

What does blue and red horizontal line denote?

thanks

 

[vivektrader]

What does blue and red horizontal line denote?

thanks

Blue is TDST buy (resistance) and Red is TDST sell (support) line.

Vivek

 

[phoenixbird]

Blue is TDST buy (resistance) and Red is TDST sell (support) line.

Vivek

Is there a manual way to calculate them (as i dont have amibroker)

thanks

 

[vivektrader]

Is there a manual way to calculate them (as i dont have amibroker)

thanks

True high of a completed buy setup is TDST buy, blue line.
True low of completed buy setup is TDST sell, red line.

Vivek

 

[travi]

True high of a completed buy setup is TDST buy, blue line.
True low of completed SELL setup is TDST sell, red line.
Correcting typo.

The TDST buy indicates resistance
and TDST sell indicates support.
Also,
Low of Lowest bar will be SL (Setup or CD) for TD buy setup and
High of highest bar will be SL (Setup or CD) for TD sell setup.

What does blue and red horizontal line denote?
thanks

 

[phoenixbird]

today 9th sequential sell CD completed on Nifty?

 

[phoenixbird]

could experts check this.

close of sell setup bar 9 is equal to close of sell set up bar 5, is this setup valid? If yes, can set up bar 9 be taken as CD1 as intersection is on bar 8 & 9.

photo uploader

thanks

 

[vivektrader]

today 9th sequential sell CD completed on Nifty?

Yes, right. I am also no expert in amibroker, but after trying it I am able to use it to my requirements. You can also download a demo version, subscribe to a basic data feed for EOD charts and use the afl. That will greatly reduce your burden.

Vivek