TD Combo

TomDemark Combo indicator implemented for Trading View
Release Notes: Bugfix: Termination of TD Countdown upon a new 1 from TD Setup
Release Notes: TD Countdown will be not cancelled up a Set Up 9
Release Notes: For TD set up candles larger than the defined length (default 9) start counting from 1
Release Notes: Bugfix.

If you like the script and if it helped you to get some money ;) some donations are welcomed:

(LTC): LgnmWezFPWe3bBqgVV5LfCgSeWx7rgn8ho
Release Notes: TD Countdown update (work-in-progress). TD Countdown starts at the occurrence of a 9 bar (default). TD Countdown will not be terminated at the occurrence of a subsequent 9. Due to limitations of the pine script, only 4 final numbers of the TD Countdown are shown and marked with letters (A=10, B=11, C=12, D=13).
Release Notes: TD Countdown update ready for testing.
Open-source script

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.

Want to use this script on a chart?


Besides plotting the sequential number on each candle, how can I plot the price on a specific candle on version 3? E.g Candle "9 + #.##"
+1 Svara
Hi - I'm trying to use this and will contribute as soon as I understand it thoroughly. 1st learning pine script

Randomehro vjkulkarni
@vjkulkarni, Thanks. Pine script is terrible, I wish it was python.
Actually, contrary to my reply below: TD Countdowns are NOT CANCELLED CORRECTLY.
Hey, thank you for releasing this script for everyone. Could you please help me working with it? If isn't too much trouble for you, off course.
So, the buy signal should be at the D candle for bearish trends and sell at D candle for bullish?
I've just discovered DeMark's materials and it's a bit confusing at first.
What does the different colors in your script means? Ex: lime-greenish, dark red candles etc
Thanks again

Thanks for the wonderful tool.

Been using it for weeks but just noticed the indicators for 4hrs chart for BTCUSD (i've tried bitstamp and bitfinex) doesn't seem to work for the past hours,

Any idea why?

Randomehro francblur
@francblur, Thank you. I know what you mean, and I think that I solved it. The TD set up was not showing any bars e.g. on the current 4H that have numbers larger than 9. Now, the counts larger than 9 are divided modulo by 9 and showed as a new set up.
francblur Randomehro
@Randomehro, cool! Works again!
how to make buy and sell alerts ??
Randomehro dvtrading92
@dvtrading92, I did not use the alertcondition function in the code (yet). I do not think it make sense for TD combo because I would not trade basing only on this indicator.
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