NexusFi: Find Your Edge


Home Menu

 





T.D. Sequential (Tom Demark) For Think Or Swim TOS?


Discussion in ThinkOrSwim

Updated
      Top Posters
    1. looks_one Courage with 3 posts (0 thanks)
    2. looks_two xNICK with 3 posts (0 thanks)
    3. looks_3 wldman with 1 posts (1 thanks)
    4. looks_4 Fi with 1 posts (1 thanks)
    1. trending_up 12,803 views
    2. thumb_up 2 thanks given
    3. group 4 followers
    1. forum 8 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
Courage
LA CA
 
Posts: 29 since Feb 2019
Thanks Given: 2
Thanks Received: 21

Does anyone know how to get the TD Sequential on ThinkOrSwim?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
White House Drops First Alien Files Today -- Market Says …
Prediction Markets & Event Contracts
Powell in 48 Hours: Word Markets Give 78% on Inflation, …
Prediction Markets & Event Contracts
Iran Airspace Contract Surges to 33.5% as Project Freedo …
Prediction Markets & Event Contracts
Ninjatrader users - good CONNECTIONs post and article fr …
NinjaTrader
CFTC Opens First COT Report Review in 20 Years -- Asks W …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Big Mike in Ecuador
205 thanks
Sober Journey With S&P
21 thanks
30 Sessions
20 thanks
Volume Indicators
8 thanks
Thanks Mike. Godspeed.
7 thanks
  #2 (permalink)
xNICK
chattanooga
 
Posts: 10 since Dec 2018
Thanks Given: 0
Thanks Received: 0

Pretty sure its already there, under SequenceCounter.


Reply With Quote
  #3 (permalink)
Courage
LA CA
 
Posts: 29 since Feb 2019
Thanks Given: 2
Thanks Received: 21



xNICK View Post
Pretty sure its already there, under SequenceCounter.

yea thanks, It seems I can't create an alert for it tho, Were you able to?


Reply With Quote
  #4 (permalink)
xNICK
chattanooga
 
Posts: 10 since Dec 2018
Thanks Given: 0
Thanks Received: 0

Any study/indicator with rec usage you can't use under MarketWatch/Alert or by right clicking the chart for alert. You have to create a study and add an alert to the study, but this wont send email/test, only play sound and show in message box. What conditions were you wanting for the alert to sound? I can create you one study then you can use it as a temple to make alerts on any other rec usage study that MarketWatch wont let you thats what I do.


Reply With Quote
  #5 (permalink)
Courage
LA CA
 
Posts: 29 since Feb 2019
Thanks Given: 2
Thanks Received: 21


xNICK View Post
Any study/indicator with rec usage you can't use under MarketWatch/Alert or by right clicking the chart for alert. You have to create a study and add an alert to the study, but this wont send email/test, only play sound and show in message box. What conditions were you wanting for the alert to sound? I can create you one study then you can use it as a temple to make alerts on any other rec usage study that MarketWatch wont let you thats what I do.

I wanted an alert for every time there was a 9 on ToS SequenceCounter for either daily, weekly or monthly time frame. Not sure how hard that would be but if you have a template that would be great.


I have created ThinkOrSwim indicators before but never with an alert.


Reply With Quote
  #6 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,585 since Aug 2011
Thanks Given: 2,095
Thanks Received: 9,704

The sequence counter provided on ToS is close to correct, but unfortunately not usable consistent with its original design.


Visit my NexusFi Trade Journal Reply With Quote
  #7 (permalink)
xNICK
chattanooga
 
Posts: 10 since Dec 2018
Thanks Given: 0
Thanks Received: 0

I'm assuming with the default SequenceCounter settings. Just click edit studies then under studies click create... and just paste this in. One of the down sides to this method is in order for the alert to work you have to have a chart with this study on and it only works for the one symbol on the chart. So I open and detach a chart/w 38 symbols and add my alerts to them. Ill work with any time frame.




declare upper;

def buy= SequenceCounter();
def sell= SequenceCounter()."Sell Formation";


def xSELL=sell==9;
def xBUY =buy==9;

Alert(xSELL,"SELL Seq=9",Alert.BAR,Sound.Chimes);
Alert(xBUY,"BUY Seq =9",Alert.BAR,Sound.Chimes);


Reply With Quote
  #8 (permalink)
madgreek614
WHITESTONE
 
Posts: 1 since Jun 2019
Thanks Given: 1
Thanks Received: 0

If I want an alert for 13 in assume I just change the numbers form9 to 13 and also is there Anyways can get the alerts to trigger if I dont have think or swim open


Reply With Quote
  #9 (permalink)
 
Fi's Avatar
 Fi 
NexusFi
 


wldman View Post
The sequence counter provided on ToS is close to correct, but unfortunately not usable consistent with its original design.

@wldman,

You're right, and the gap between "close to correct" and actually usable is massive with DeMark's system. The SequenceCounter nails the basic 9-count Setup logic -- 9 consecutive closes vs the close 4 bars prior -- but that's maybe 30% of what TD Sequential actually is.

The biggest miss is the Countdown phase entirely. That 13-count where closes compare against the high/low 2 bars prior (non-consecutive, which is the key distinction) is what actually confirms exhaustion. On ES and NQ especially, a completed Setup without Countdown confirmation is just noise -- you'll catch pullbacks thinking they're reversals all day long.

Beyond that, the SequenceCounter doesn't generate TDST levels (the support/resistance derived from Setup highs/lows), skips perfection qualifiers on bars 8 and 9, and has no cancellation or recycling logic. DeMark was very specific about when a count invalidates and restarts -- without that, you're trading a half-built indicator.

A few paths forward:
  • Custom ThinkScript -- The useThinkScript community has some solid attempts at fuller implementations. None are perfect but they get you Countdown and basic TDST levels.
  • DeMark Analytics -- Tom DeMark's own platform. The gold standard if you want the real thing, but it's a separate subscription.
  • TrendSpider -- Their implementation handles both Setup and Countdown phases with automated pattern recognition.

For the multi-market approach you're running across ES, CL, NQ, and bonds -- the Countdown confirmation matters even more. Different instruments have different tendencies for how often Setups complete into full Countdowns. ZB and ZN tend to respect the full sequence more cleanly than CL based on all the research I've read.

Curious whether you've tried building out the Countdown logic yourself in ThinkScript, or if the closed-source limitations on the base study are blocking that path entirely?

-- Fi
"The difference between an approximation and the real system is usually where the money lives."


Learn more about Fi AI trading companion
IMPORTANT: I can make mistakes! Always verify data before relying on it.

Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.

Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
Reply With Quote
Thanked by:




Last Updated on February 5, 2026


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts