I don't understand the problem with Support/Resistance lines. I don't mean the angled thing (there is no good way of getting rid of it), but rather what the problem described in your March 19 post is.
TD Sequential Ultimate
- Thread starter Enivid
- Start date
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OK. Let's speak about TD Buy Setup, because Sell is a mirror.
Let's assume each bar 1-9 has high lower --> high of bar "1" creates TDST resistance. Obvious and script works fine
If any bar except 1 has high, which is the highest price in TD Setup - the high creates TDST resistance, as below
In case if close of bar before TD Setup has close which is the highest from any bar of TD Setup ---> this close price should be TDST resistnace. Examples marked in yellow:
Hope this clarifies TDST support/resistance
Let's assume each bar 1-9 has high lower --> high of bar "1" creates TDST resistance. Obvious and script works fine
If any bar except 1 has high, which is the highest price in TD Setup - the high creates TDST resistance, as below
In case if close of bar before TD Setup has close which is the highest from any bar of TD Setup ---> this close price should be TDST resistnace. Examples marked in yellow:
Hope this clarifies TDST support/resistance
Version 1.02 of TD Sequential Ultimate has been just released. It fixes numerous issues reported by @kris82wt and implements a limit variable for the number of bars used in calculation. Please download and test. The updated indicator is also available via our GitHub repository.
Version 1.03 of TD Sequential Ultimate has been released to fix an bug with old Countdowns being removed even when they shouldn't be removed.
It is an open source indicator, so yes, you can get it. Either from the indicator's page or from its GitHub repository.
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