The Adaptive RSI Moving Average (ARSIMA) is an overlay indicator that dynamically adjusts its smoothing factor based on the Relative Strength Index (RSI). When the RSI moves toward extreme overbought or oversold conditions, the smoothing factor increases to ma
Indicator · Pine Script v4 · On the chart
TD Sequential
This indicator overlays Tom DeMark's TD Sequential methodology on the main price chart.
GitHub stars10on the repository
Pine versionv4older, still runs
Lines of code136
Settings3inputs
LicenceNone stated
Last update5 years ago13 Jul 2021
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
TD Sequential tracks consecutive price comparisons where current closes are higher or lower than the close four bars ago, incrementing setup counts from one to nine. Upon completing a setup count of nine, it plots signal arrows and establishes dynamic trendlines based on the highest high or lowest low over the nine-bar sequence. Users can toggle continuous setup counting, set transparency levels, and select between standard or aggressive countdown calculations.
- TD Sequential buy and sell setup tracking
- Dynamic trendline levels from completed setups
- Continuous setup counting toggle
- Standard and aggressive countdown calculation modes
Details
Published by
davro on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Trend, Oscillators & momentum
Markets
Crypto, Stocks
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 |
|---|---|---|---|
| Countdown numbers | string | Standard | CountdownNumbers |
| Contiunous setup count | bool | true | ContSetup |
| Transparency | int | 0 | Transp |
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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