Tom de mark sequential monitor for nifty50 stocks

vivektrader

In persuit of financial independence.
#1
Hourly sequential signals do not give the accuracy which the daily timeframe signals give...they lag or lead by a few bars or even prone to recycle more often.

If the trade does not move in our direction by close,means the market is unwilling to go our way...so getting out is what I too practice.You can re enter tomorrow if necessary. Considering sell setup completion in nifty cash and the fact that we traded for 3-4 days above buy TDST means that the market is set up to go higher,though it may go sideways to down on Power of 9 in next 2-3 days but downtrend is not indicated on the charts.

Smart_trade
sir,
for trading TD sequential in futures on daily chart, the setups etc should be monitored on cash to maintain continuity or respective future series only?
thanks
 

vivektrader

In persuit of financial independence.
#2
Re: General Trading Chat

If other people are interested in monitoring TD sequential on stocks on daily charts in cash, we can share them in the forum for everyone's benefit. Different members monitoring different scrips and posting charts.
I can monitor:
Nifty cash
tatasteel
tatamotors
sbi
maruti
axis bank
vedl
yes bank
reliance capital
I would have opened a separate thread, but wont be able to maintain it well due to time constraints. If somebody else can do it I will certainly contribute.
Anybody...
 

vagar11

Well-Known Member
#4
Re: General Trading Chat

If other people are interested in monitoring TD sequential on stocks on daily charts in cash, we can share them in the forum for everyone's benefit. Different members monitoring different scrips and posting charts.
I can monitor:
Nifty cash
tatasteel
tatamotors
sbi
maruti
axis bank
vedl
yes bank
reliance capital
I would have opened a separate thread, but wont be able to maintain it well due to time constraints. If somebody else can do it I will certainly contribute.
Anybody...
Better if someone write a python script to scan F&O stocks to check the TD setup. I checked this on some daily chart of stocks and it also failed at some places.
 
#7
Re: General Trading Chat

Thanks a lot. How is it looking for the banknifty ?

Nifty cash (ST sir was talking about)
Completed Sell setup
 

vivektrader

In persuit of financial independence.
#8
Re: General Trading Chat

Quoting the AFL from another thread as per the thread-starter's request.

http://www.traderji.com/community/t...wing-trading-part-2.72827/page-17#post-741418

Posting TDST lines AFL. Drag it on the price charts and from Parameters say No to " show 1 to 8 numbers " and " Show TD Points ) this will plot TDST lines.


_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
ToolTip = "Open = " + O + "\nHigh = " + H + "\nLow = " + L + "\nClose = " + C;

_SECTION_END();

_SECTION_BEGIN("TD Systems");
// Parameters
ShowNumbers= ParamToggle("Show 1-8 Numbers","No|Yes", 1);
ShowTDPoints = ParamToggle("Show TD Points", "No|Yes", 1);
ShowTDST = ParamToggle("Show TD Setup Trend", "No|Yes", 1);
tdstsa = 0;
tdstba = 0;
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//********************************************** TD Points********************************************************************/
function TD_Supply()
{
return ( H > Ref(H, 1) AND H > Ref(H, -1) AND H > Ref(C, -2));
}
function TD_Demand()
{
return ( L < Ref(L, 1) AND L < Ref(L, -1) AND L < Ref(C, -2));
}
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
// *********************************************** TD Sequential************************************************************/
// *** Setup Buy Signal ***
//nine consecutive days closes less than the close four days earlier
Con = C < Ref( C, -4);
Buy9Bars = BarsSince(BarsSince(Con));
Buy9Signal = Buy9Bars == 9;

// *** Requirements ***
//The first day of the nine-day must be preceded by a close day immediately before it that is greater than OR equal to the Close four days earlier
Con = Ref(C, -9) >= Ref(C, -13);
Buy9Req = Buy9Signal AND Con;

// *** Intersection ***
// the high of either day 8 or day 9 is greater than or equal to the low three,four, five, six, OR seven days earlier
Con1 = (H >= Ref(L, -3)) OR ( Ref(H, -1) >= Ref(L, -3));
Con2 = (H >= Ref(L, -4)) OR ( Ref(H, -1) >= Ref(L, -4));
Con3 = (H >= Ref(L, -5)) OR ( Ref(H, -1) >= Ref(L, -5));
Con4 = (H >= Ref(L, -6)) OR ( Ref(H, -1) >= Ref(L, -6));
Con5 = (H >= Ref(L, -7)) OR ( Ref(H, -1) >= Ref(L, -7));

Buy9Intr = Buy9Req AND (Con1 OR Con2 OR Con3 OR Con4 OR Con5);
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
// *** Setup Sell Signal ***
//nine consecutive days closes greater than the Close four days earlier.
Con = C > Ref( C, -4);
Sell9Bars = BarsSince(BarsSince(Con));
Sell9Signal = Sell9Bars == 9;

// *** Requirements ***
//The first day of the nine-day must be preceded by a Close day immediately before it that is less than the Close four days earlier
Con = Ref(C, -9) < Ref(C, -13);
Sell9Req = Sell9Signal AND Con;

// *** Intersection ***
//the low of either day 8 or day 9 is less than or equal to the high three,four, five, six, OR seven days earlier
Con1 = (L <= Ref(H, -3)) OR ( Ref(L, -1) <= Ref(H, -3));
Con2 = (L <= Ref(H, -4)) OR ( Ref(L, -1) <= Ref(H, -4));
Con3 = (L <= Ref(H, -5)) OR ( Ref(L, -1) <= Ref(H, -5));
Con4 = (L <= Ref(H, -6)) OR ( Ref(L, -1) <= Ref(H, -6));
Con5 = (L <= Ref(H, -7)) OR ( Ref(L, -1) <= Ref(H, -7));

Sell9Intr = Sell9Req AND (Con1 OR Con2 OR Con3 OR Con4 OR Con5);
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
if(StrToNum(NumToStr(Buy9Intr))) Sell9Intr = False;
if(StrToNum(NumToStr(Sell9Intr))) Buy9Intr = False;
BuySignal = Flip(Buy9Intr, Sell9Intr);
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
// *** Buy Countdown ***
//With respect to a pending Buy Signal, the close must be less than the low two days earlier
Con = C < Ref(L, -2);
Buy13Count = Sum(Con AND BuySignal, BarsSince(Buy9Intr));
Buy13Signal = Buy13Count == 13;

/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
// *** Sell Countdown ***
//with respect to a pending Sell Signal, the Close must be greater than the High two trading days earlier.
Con = C > Ref(H, -2);
Sell13Count = Sum(Con AND NOT BuySignal, BarsSince(Sell9Intr));
Sell13Signal = Sell13Count == 13;
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//*********************************************** TD Sequential Plotting area *************************************************/
Plot(C, "", IIf(O>=C, colorRed, colorGreen), styleBar);
PlotShapes(IIf(Buy9Intr OR Sell9Intr, shapeDigit9, shapeNone),colorBlue, 0, H,
20);
if(ShowNumbers)
PlotShapes(IIf(Buy9Bars==1, shapeDigit1,
IIf(Buy9Bars==2, shapeDigit2,
IIf(Buy9Bars==3, shapeDigit3,
IIf(Buy9Bars==4, shapeDigit4,
IIf(Buy9Bars==5, shapeDigit5,
IIf(Buy9Bars==6, shapeDigit6,
IIf(Buy9Bars==7, shapeDigit7,
IIf(Buy9Bars==8, shapeDigit8,
IIf(Buy9Bars >9, shapeStar,shapeNone))))))))),colorGreen, 0, H, H*.0015);
if(ShowNumbers)
PlotShapes(
IIf(Sell9Bars==1, shapeDigit1,
IIf(Sell9Bars==2, shapeDigit2,
IIf(Sell9Bars==3, shapeDigit3,
IIf(Sell9Bars==4, shapeDigit4,
IIf(Sell9Bars==5, shapeDigit5,
IIf(Sell9Bars==6, shapeDigit6,
IIf(Sell9Bars==7, shapeDigit7,
IIf(Sell9Bars==8, shapeDigit8,
IIf(sell9bars>9, shapeStar,shapeNone))))))))),colorRed, 0, H, H*.0015);

Sell = Sell13Signal AND NOT BuySignal;
Buy = Buy13Signal AND BuySignal;
Sell = ExRem(Sell, Buy);
Buy = ExRem(Buy, Sell);
PlotShapes(Sell*shapeDownArrow, colorYellow, 0, H, -H*.001);
PlotShapes(Buy*shapeUpArrow, colorBrightGreen, 0, L, -L*.001);

if(StrToNum(NumToStr(BuySignal)))
bgColor = ColorRGB(0,66, 2);
else
bgColor = ColorRGB(66,2, 0);
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//*********************************************** TD Points Plotting area *************************************************/
if(ShowTDPoints)
{
PlotShapes(TD_Supply()*shapeSmallCircle, colorRed, 0, H, H*.001);
PlotShapes(TD_Demand()*shapeSmallCircle, colorGreen, 0, L, -L*.001);
///////////////////////////////////////////////////////////////////////////
y0 = StrToNum(NumToStr(ValueWhen(TD_Demand(), L)));
x = LineArray(0, y0, (BarCount-1), y0);
Plot(x, "", colorGold, styleDashed);
y0 = StrToNum(NumToStr(ValueWhen(TD_Supply(), H)));
x = LineArray(0, y0, (BarCount-1), y0);
Plot(x, "", colorGold, styleDashed);
}
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//*********************************************** TDST Plotting area *************************************************/
// ---------------->>>> Code from Dave <<<---------------------- //
if(ShowTDST)
{
tdstba =Cum(0);
tdstb = Null;
HHV9 = HHV(H,9);
for (i = 0; i < 10; i++) tdstba = Null;

for( i = 10; i < BarCount; i++ )
{
if (Buy9Bars == 9)
{
HHV_b = HHV9;
if (HHV_b > C[i-9])
tdstb = HHV_b;
else tdstb = C[i-9];


for (j = 0; j < 9; j++ )
tdstba[i-j] = tdstb;
}
else tdstba = tdstb;
}


tdstsa =Cum(0);
tdsts = Null;
LLV9 = LLV(L,9);
for (i = 0; i < 10; i++) tdstsa = Null;


for( i = 10; i < BarCount; i++ )
{
if (Sell9Bars == 9)
{
LLV_b = LLV9;
if (LLV_b < C[i-9])
tdsts = LLV_b;
else tdsts = C[i-9];


for (j = 0; j < 9; j++ )
tdstsa[i-j] = tdsts;
}
else tdstsa = tdsts;
}
Plot(tdstba, "TDSTb", colorBlue,styleStaircase | styleThick|styleDots);
Plot(tdstsa, "TDSTs", colorRed,styleStaircase | styleThick|styleDots);


}
_SECTION_END();


_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();


Smart_trade
Better if someone write a python script to scan F&O stocks to check the TD setup. I checked this on some daily chart of stocks and it also failed at some places.
 
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