Modify SequenceCounter based on TD Combo


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Can you help me customize SequenceCounter to make it similiar to Tom Demark’s TD-Combo? Thanks!

TD Combo
TD Combo is better when you have sharp directional moves, because it requires only thirteen price bars from start to finish compared to TD Sequential which needs at least 22 bars. The criteria for a Setup within TD Combo are the same with those required for a Setup within TD Sequential. The difference is that the count starts at bar 1 of the setup and not from bar 9 and TD Combo requires four conditions to be satisfied simultaneously.

Requirements for a TD Combo Buy Countdown
– Close lower or equal than the low 2 trading days earlier.
– The low of a countdown day should be less than the previous “trading day‘s” low
– The close of a countdown day should be less than the previous “trading day‘s” close
– The close of a countdowns day should be less than the previous “countdowns day‘s” close
– Bars 11,12,13 each one should just close successively lower and the other rules above are not applied

** TD Combo Sell is the opposite of the above.

RESOLVED
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Posted by (Questions: 3, Answers: 1)
Asked on August 27, 2020 6:10 am
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Please make sure the title of your question fully describes the context of your request.

The SequenceCounter chart study on Thinkorswim is a licensed study and the source code cannot be accessed or modified. This makes it impossible to modify it's behavior in any way apart from adjusting the user inputs.

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Posted by (Questions: 37, Answers: 4118)
Answered on August 27, 2020 8:47 am