This indicator calculates pivot high and pivot low points on the price chart based on configurable left and right bar counts. Confirmed pivot highs and lows are plotted with negative bar offsets directly on the price chart using line and cross styles. Addition
Indicator · Pine Script v6 · On the chart
MP TD Sequential V1
A Pine v6 overlay that implements a Tom DeMark style Sequential count.
GitHub stars1on the repository
Pine versionv6current
Lines of code779
Settings33inputs
LicenceNone stated
Last update2 months ago21 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
MP TD Sequential V1 tracks Setup counts of nine bars and Countdown counts to thirteen, with options for price flip, the 13-versus-8 qualifier, TDST cancellation, opposing setup cancellation and recycling. It can show perfection markers, TDST support and resistance lines, a risk level on countdown 13, a 12-bar reversal box and a diagnostic table. Lengths, lookbacks and colours are adjustable.
- Setup and Countdown counting
- TDST support and resistance lines
- Perfection and risk level markers
- Qualifier, cancel and recycle rules
- Optional diagnostic table
Details
Published by
mikepardo on GitHub
Type
Draws
On the price chart
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Setup length | int | 9 | setupLength |
| Setup lookback | int | 4 | setupLookback |
| Countdown length | int | 13 | countdownLength |
| Countdown lookback | int | 2 | countdownLookback |
| Countdown qualifier bar | int | 8 | qualifierBar |
| Require Price Flip to start Setup | bool | true | requirePriceFlip |
| Require 13-vs-8 qualifier | bool | true | requireQualifier |
| Cancel Countdown on TDST violation | bool | true | enableTDSTCancel |
| Cancel Countdown on opposing Setup | bool | true | enableOpposingSetupCancel |
| Enable Recycle logic | bool | true | enableRecycle |
| Recycle min % of prior Setup size | int | 100 | recycleMinPct |
| Recycle max % of prior Setup size | int | 200 | recycleMaxPct |
Show all 33 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable 22-bar Setup extension recycle | bool | true | enable22BarRecycle |
| TDST break rule | string | close | tdstBreakRule |
| Show Setup counts | string | Key only (6-9) | showSetupCounts |
| Show Perfection marker (blue dot) | bool | true | showPerfectionMarker |
| Show Countdown counts | string | Key only (8, 13) | showCountdownCounts |
| Show disqualified 13 placeholder (+) | bool | true | showDisqualified13 |
| Show TDST lines | bool | true | showTDSTLines |
| Show Risk Level on Countdown 13 | bool | true | showRiskLevel |
| Shade Risk Zone | bool | false | showRiskZone |
| Show 12-bar reversal window box | bool | true | show12BarBox |
| Show diagnostic table | bool | false | showDiagnosticTable |
| Diagnostic table position | string | Top right | tablePosition |
| Buy Setup color | color | color.new(color.green, 0) | buySetupColor |
| Sell Setup color | color | color.new(color.red, 0) | sellSetupColor |
| Perfection marker color | color | color.new(color.blue, 0) | perfectionColor |
| TDST Support color | color | color.new(color.green, 40) | tdstSupportColor |
| TDST Resistance color | color | color.new(color.red, 40) | tdstResistanceColor |
| Risk Level color | color | color.new(color.orange,0) | riskLevelColor |
| Disqualified marker color | color | color.new(color.gray, 0) | disqualifiedColor |
| Setup count size | string | tiny | setupCountSize |
| Key count size (9, 13) | string | small | keyCountSize |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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