Tom de mark sequential monitor for nifty50 stocks

[travi]

I think its correctly marked.
For bar 9 to be counted as bar 1 of buy CD , its close should have been lower than low 2bars earlier (i.e.bar 7 of buy setup), which it wasn't.
So I think marking is correct.
Also close 13<12<11, it looks good to buy in my humble opinion.
Vivek

Microscopic you're right :thumb:

 

[vivektrader]

Microscopic you're right :thumb:

Bhai daactree bhi to kaam aayegi

Vivek

 

[C_R_Kumar]

For a new Sell Setup after the Old, dont we require a bullish flip again?

Instead of counting 9, you actually can count 18.
What does this mean? that mkt has a lot of steam so forget flip for this sub-rule.
Flip will occur when opposite setup appears.

I think a bullish flip is there.
The bar that is marked as bar 1 of CD ....
Vivek

What travi said about market having enough momentum is good point !

I would also like to know what slash04 asked
A SetUp has to be preceded by a Flip. So logically a new flip starting within an already running SetUp/CountDown should also be preceded by a Flip.
Is it right ?

Thanks

 

[C_R_Kumar]

Hi Vivek, does the cd look right.(green numbers) so, if the count down is right...Does this indicate that there is a buy in waiting for yen.

Thanks for your help.

Chart and indicator looks nice :thumb:
Can one ask which software/package is this.

Thanks

 

[vivektrader]

What travi said about market having enough momentum is good point !

I would also like to know what slash04 asked
A SetUp has to be preceded by a Flip. So logically a new flip starting within an already running SetUp/CountDown should also be preceded by a Flip.
Is it right ?

Thanks

Right every setup starts with a flip.

Vivek

 

[travi]

Right every setup starts with a flip.
Vivek

We'll just consider one exception, where we have 18 setup bars even though its rare like in one of the charts just posted.
That in itself indicates very strong one sided momentum, so since one would have started CD after 9, on completion of new 9, let CD be reset irrespective of flip.
This is just regarding the appearance of flip before a setup.

 

[PreSap]

Did Tata Steel CD complete? Or is it that 13>12>11 is not satisfied?

Sent from my A0001 using Tapatalk

 

[C_R_Kumar]

We'll just consider one exception, where we have 18 setup bars even though its rare like in one of the charts just posted.
That in itself indicates very strong one sided momentum, so since one would have started CD after 9, on completion of new 9, let CD be reset irrespective of flip.
This is just regarding the appearance of flip before a setup.

Imho, this type of 18-bar-SetUp can be termed an extra-large(single) Setup rather than two (conjoined) twin SetUp.
This would keep things clear and simple with less need of exceptions.

Thanks

 

[vivektrader]

We'll just consider one exception, where we have 18 setup bars even though its rare like in one of the charts just posted.
That in itself indicates very strong one sided momentum, so since one would have started CD after 9, on completion of new 9, let CD be reset irrespective of flip.
This is just regarding the appearance of flip before a setup.

There is some confusion over this 18setup thing, I think we should double check it with ST sir.

Vivek

 

[travi]

Imho, this type of 18-bar-SetUp can be termed an extra-large(single) Setup rather than two (conjoined) twin SetUp.
This would keep things clear and simple with less need of exceptions.
Thanks

What I've suggested is the same as trying to stay in line with this rule.
Not necessary to create that.

There is some confusion over this 18setup thing, I think we should double check it with ST sir.
Vivek