#TD SEQUENTIAL EQUATION HOW TO#
#TD SEQUENTIAL EQUATION SERIES#

But it works really well on commodities daily, and many stocks. This system works well for me intraday trading forex and indices. Remember, the Pro's trade this system, when you see price storm to the target, stop dead and reverse, you'll know what I mean.

Otherwise, take your profit at, or just before, the price target. If your trade reaches it's price objective and slices through it like butter, move stop up to T1, and stay in the trade, it will often go another 61.8%. Seems incredibly simple, but it works well.īest time frames to trade 1min, 5min, 15 min, 1hour, 4hour, daily. Only take the trades that result from corrective waves.never take a trade off an impulsive wave, especially a 3rd wave! The cardinal rule I have found using TD sequential profitably is

#TD SEQUENTIAL EQUATION HOW TO#

If you don't know how to tell the difference I suggest you read some of the fine EW theory post on this forum. If you are familiar with Elliot wave theory, you will know that waves are broken into 2 categories impulsive and corrective. Now comes the filter that will give you the winning edge! Your price target is the high of the 1st bar of the count. Note: this stop is on the close of a bar.ĥ.

#TD SEQUENTIAL EQUATION SERIES#

You set a stop loss from the lowest price recorded in this series that is same range as that bar i.e range of bar =12 pips therefore stop is 12 below this low on the close. OK, so now you have your price exhaustion.

If they don't you will need to wait till you have a bar close that satisfies this rule, preferably within the next 9 bars.Ĥ. The count is not complete until either the 8th or 9th bar of the count closes below the close of the 6th or seventh bar. Each subsequent bar then closes lower than the bar 4 bars earlier, until you have a count of 9.ģ. This lower bar becomes number 1 in the count.Ģ. To begin TD sequential buy count, you need a price bar that closes higher than the bar 4 bars previous, immediately followed by a bar that closes lower than the bar 4 bars ago. I guess it has to to have something going for it, as Bloomberg pay Tom De Mark to offer this indicator to the Institutional market on their terminal.ġ. So, is this mechanical trading system a true measure of price/trend exhaustion as claimed?

It's a great idea as put by the discoverer, but unfortunately, if you trade the 9 count system as set out, you will invariably find all you do is lose money, except for the odd win. I have used TD sequential for several years now, mainly intra-day. DeMark TD Sequential- Tips for improving profitability when combined with Elliot wave

Td sequential equation