![]() That signal may or may not work short term but if the trend continues it will count in red from 1-13 and that is the long term exhaustion trigger at 13 (for a possible reversal). Back in early March of 2009 I wrote about why I like to use Tom DeMark's Sequential Indicator. Introduction to Tom Demark Indicators and Studies. The signals are compatible with Markers Plus so can be automated ( on Ninjatrader 8 this indicator paint Arrows and also Fast Signals ) TD Sequential Ultimate MetaTrader indicator shows all parts of the TD Sequential method developed by the legendary technical analyst, Tom DeMark. If the current period (bar) maximum is higher, the respective difference between the two will be registered. ![]() This strategy works best on higher time frames from H4 and higher. For a TD Buy Setup, the close of the current bar must be lower than the close of 4 bars ago. ![]() The indicators are very popular, but have been somewhat hard to quantify, and therefore have had an aura of mystery surrounding them. It uses the Tom Demark Logic to detect sequences and paint signals at the perfect sequence of 9 and also at the secondary sequence of 13.
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