TD Sequential V2

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © congacindy

//@version=5
indicator('TD Sequential V2', shorttitle='913sig', overlay=true)

// Define the lookback periods
lookbackSetup = 4
lookbackBonusSetup = 2

// Initialize counters
var int setupCountF = na
var int setupCountR = na
var int bonusCountF = na
var int bonusCountR = na

// Define the setup and bonus phases
setupPhaseF = close < close[lookbackSetup]
setupPhaseR = close > close[lookbackSetup]
bonusPhaseF = close < close[lookbackBonusSetup]
bonusPhaseR = close > close[lookbackBonusSetup]

// Increment the setup counter when the setup phase is triggered and price is falling
if setupPhaseF
    setupCountF := na(setupCountF) ? 1 : setupCountF + 1
    setupCountF
else
    setupCountF := na
    setupCountF

// Bonus increment to the bonus counter when the phase is triggered and price is falling
if setupCountF > 9 and bonusPhaseF
    bonusCountF := na(bonusCountF) ? 1 : bonusCountF + 1
    bonusCountF
else
    bonusCountF := na
    bonusCountF



// Increment the setup counter when setup phase is triggered and price is rising
if setupPhaseR
    setupCountR := na(setupCountR) ? 1 : setupCountR + 1
    setupCountR
else
    setupCountR := na
    setupCountR

// Bonus increment to the bonus counter when the phase is triggered and price is rising
if setupCountR > 9 and bonusPhaseR
    bonusCountR := na(bonusCountR) ? 1 : bonusCountR + 1
    bonusCountR
else
    bonusCountR := na
    bonusCountR




// Plot the '7' on the chart when the setup phase is triggered 8 times in a row
if not na(setupCountF) and setupCountF == 7
    label.new(x=bar_index, y=low - syminfo.mintick * 2, text='7', color=color.rgb(33, 149, 243, 57), style=label.style_label_up, size=size.tiny)

// Plot the '8' on the chart when the setup phase is triggered 8 times in a row
if not na(setupCountF) and setupCountF == 8
    label.new(x=bar_index, y=low - syminfo.mintick * 2, text='8', color=color.rgb(33, 149, 243, 23), style=label.style_label_up, size=size.tiny)

// Plot the '9' on the chart when the setup phase is triggered 9 times in a row
if not na(setupCountF) and setupCountF == 9
    label.new(x=bar_index, y=low - syminfo.mintick * 2, text='9', color=color.rgb(76, 175, 79, 18), style=label.style_label_up, size=size.small)


// Bonus Plots when price is falling

// Plot the '11' on the chart when the bonus setup phase is triggered 
if not na(bonusCountF) and bonusCountF == 2
    label.new(x=bar_index, y=low - syminfo.mintick * 2, text='11', color=color.rgb(33, 243, 243, 70), style=label.style_label_up, size=size.tiny)

// Plot the '12' on the chart when the bonus setup phase is triggered
if not na(bonusCountF) and bonusCountF == 3
    label.new(x=bar_index, y=low - syminfo.mintick * 2, text='12', color=color.rgb(33, 243, 233, 54), style=label.style_label_up, size=size.tiny)

// Plot the '13' on the chart when the bonus setup phase is triggered 
if not na(bonusCountF) and bonusCountF == 4
    label.new(x=bar_index, y=low - syminfo.mintick * 2, text='13', color=color.rgb(235, 247, 247, 47), style=label.style_label_up, size=size.small)






// Plot the '7' on the chart when the setup phase is triggered 8 times in a row when prices are rising
if not na(setupCountR) and setupCountR == 7
    label.new(x=bar_index, y=high - syminfo.mintick * 2, text='7', color=color.rgb(238, 255, 0, 73), style=label.style_label_down, size=size.tiny)

// Plot the '8' on the chart when the setup phase is triggered 8 times in a row when prices are rising
if not na(setupCountR) and setupCountR == 8
    label.new(x=bar_index, y=high - syminfo.mintick * 2, text='8', color=color.rgb(255, 153, 0, 51), style=label.style_label_down, size=size.tiny)

// Plot the '9' on the chart when the setup phase is triggered 9 times in a row when prices are rising
if not na(setupCountR) and setupCountR == 9
    label.new(x=bar_index, y=high - syminfo.mintick * 2, text='9', color=color.rgb(255, 82, 82, 44), style=label.style_label_down, size=size.small)



// Bonus Plots when price is rising

// Plot the '11' on the chart when the bonus setup phase is triggered 
if not na(bonusCountR) and bonusCountR == 2
    label.new(x=bar_index, y=high - syminfo.mintick * 2, text='11', color=color.rgb(33, 243, 243, 70), style=label.style_label_down, size=size.tiny)

// Plot the '12' on the chart when the bonus setup phase is triggered
if not na(bonusCountR) and bonusCountR == 3
    label.new(x=bar_index, y=high - syminfo.mintick * 2, text='12', color=color.rgb(33, 243, 233, 54), style=label.style_label_down, size=size.tiny)

// Plot the '13' on the chart when the bonus setup phase is triggered 
if not na(bonusCountR) and bonusCountR == 4
    label.new(x=bar_index, y=high - syminfo.mintick * 2, text='13', color=color.rgb(235, 247, 247, 47), style=label.style_label_down, size=size.small)