Tom de mark sequential monitor for nifty50 stocks

travi

Well-Known Member
Condition 4 is not present for combo countdown bar 1 as that is the first combo bar (with no previous combo bar in that countdown)
The requirements we both listed are same though.

didn't get you, do you mean bar 1 of Combo CD should start at bar labelled CD2 instead.

As per Perl, we have his combo-CD1 on Setup bar 1.
1558376037513.png

Pg 61
 

vivektrader

In persuit of financial independence.
didn't get you, do you mean bar 1 of Combo CD should start at bar labelled CD2 instead.

As per Perl, we have his combo-CD1 on Setup bar 1.
View attachment 35008
Pg 61
For any setup, setup bar 1 can be combo bar 1 if all 3 conditions are met (enumerated above), 4th condition compares current combo bar with previous combo bar (of same setup).
As there is no combo bar previous to combo bar 1 for comparison. So 4th condition is absent for labelling combo bar 1.

"For obvious reasons"

Vivek
 

Similar threads