The Augmented Dickey-Fuller indicator calculates statistical stationarity and tests for unit roots in price series over a rolling window. It performs ordinary least squares regression on differenced historical price data to compute a t-statistic and an estimat
Indicator · Pine Script v5 · Own pane
TD Sequential Number
This indicator tracks Tom DeMark TD Sequential setup counts in a separate pane.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code57
Settings0inputs
LicenceNone stated
Last update1 year ago17 Jan 2025
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 Number compares the current close to the close four bars earlier, accumulating positive counts during upward momentum and negative counts during downward momentum. The values display as histogram columns with color changes once the count reaches nine. Horizontal reference bands mark the nine-count threshold with gradient fills, and built-in alerts signal when counts reach nine or thirteen.
- TD Sequential setup counter
- Separate pane column histogram
- Dynamic color shifting at count thresholds
- Gradient fills beyond key threshold levels
- Alert conditions for TD9 and TD13 setups
Details
Published by
zhuzp98 on GitHub
Code credit
rhapsodyz, as written in the script's header
Type
Draws
Separate pane below the chart
Category
Markets
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.
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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