Daveatt

BEST Candle Meter/Sequential Strategy

Hello ladies and gentlemen

📒 INDICATOR OF THE DAY 📒

The TD sequential fans are going to love that one.
TD Sequential has two parts – TD Setup and TD Countdown. The first phase of TD Sequential starts with a TD Setup and is completed with a 9 count.
When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely.

The Candle Meter strategy counts the sequence of candles in one direction.
Gives also the number of consecutive candles in one direction.

The direction is based on open and close.

Script screenshot

In the script screenshot just above, I'm using a bar meter of 7.
The 7 count estimates whenever 7 consecutive candles are vaidated

💎Filters💎

I included some cool backtest filters:

- date range filtering
- flexible take profit in USD value (plotted in blue)
- flexible stop loss in USD value (plotted in red)
- closing on opposite signal (if we count N consecutive bar down, this will close a LONG if opened)

The take profit and stop loss should work with Forex pairs also

All the BEST
Dave
Usuń z Ulubionych Skryptów Dodaj do Ulubionych Skryptów
⏩ Packages/Pricing: https://best-trading-indicator.com/pages/compare-plans

👉 BEST documentation: https://bit.ly/2urOkPO

💬 Discord: https://discord.gg/K6NCTX4

📺 Youtube: https://bit.ly/3bKvnZu

30💲 OFF TradingView ref: https://bit.ly/2SWgYBY

Komentarze

can you please suggest how to reverse signals?
+2 Odpowiedz
Daveatt OutsourcE
@OutsourcE, to play reversals you mean?
Odpowiedz
OutsourcE Daveatt
@Daveatt, yep
+1 Odpowiedz
Daveatt OutsourcE
@OutsourcE, it's not a strategy to be used for real live trading as it is. It misses some basic risk, trading and money management components
TD sequentials guys often use the 9 to identify a possibility of a beginning of an eventuality of a reversal
Odpowiedz
Can i try the indicator, plus read the document about it to understand how to use it?
+2 Odpowiedz
Daveatt totoroha
@totoroha, it's free. Sure you can :)
It's in the public library
Odpowiedz
dude, you're pretty good at this trading/coding thing :) YOU DA MAN!
+1 Odpowiedz
Daveatt JoshuaMcGowan
@JoshuaMcGowan, this is a simple script though. Thank you my friend :)
Odpowiedz
Hi, how can i make alert? i do anything but couldnt work. could you make the alert?
Odpowiedz
Daveatt whgusdn111
@whgusdn111, https://www.tradingview.com/wiki/Creating_and_Managing_Alerts#Creating_alerts
Alerts don't work with strategy scripts. Only with study scripts
Odpowiedz
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