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TD Sequential Multi Time Frame

Multi Timeframe TD sequential

- Above candles: The sequential for the time frame you're currently on.

- Below the price: Daily sequential no matter what time frame you're on

- Below price in a label: Weekly sequential no matter what price you're on. (This only shows 7, 8 & 9's not not clutter the chart too much)


- (For a green count) The numbers increase from 1 through to 9 if the candle is bigger than the close of the candle 4 candles before it.
(For a red count it's the opposite)

- A 9 marks a potential end of the rally which is usually followed by a correction of between 1 & 4 candles.

- Buy or sell warning signals for this indicator are 9's to indicate the trend has ended. The probability for this signal increases if the number is yellow.
- If the 9 was bearish the confirmation buy signal would be if the candle following the 9 is bullish candle followed by another bullish candle.

- For best results combine the 9 with candlestick patterns such as engulfing or other indicators like stochastic to confirm the signal.
Release Notes: Fixed bug where the weekly sequential was incorrectly calculated on small time frames.
Skript med en öppen källkod

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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