Page 22

Thomas R. DeMark

Sequential (™) Trading System

This will tell us how high the market washout rate is.
Submitted by Maurice Odekerken from Holland m.odekerken@home.nl

Spreadsheet for this formula is available for download. Right-click here and select 'Save Target As...' to save it to a location on your harddrive.

Buy Indicators:

TD - SetUp-Buy

TD1:=If(C<Ref(C,-4),1,0);

TD2:=If(TD1=1 AND Ref(TD1,-1)=1 AND Ref(TD1,-2)=1 AND Ref(TD1,-3)=1 AND Ref(TD1,-4)=1 AND Ref(TD1,-5)=1 AND Ref(TD1,-6)=1 AND Ref(TD1,-7)=1 AND Ref(TD1,-8)=1, 1,0);

TD3:=If(Ref(C,-9)>=Ref(C,-13),1,0);

TD4:=If(TD2=1 AND TD3=1,1,0);

TD5:=If(H>=Ref(LLV(L,5),-3),1,0);

D8:=If(Ref(TD4,1)=1 AND TD5=1,1,0);

D9:=If(TD4=1 AND TD5=1 AND Ref(D8,-1)<>1,1,0);

D10:=If(Ref(TD4,-1)=1 AND TD5=1 AND Ref(D8,-2)<>1 AND Ref(D9,-1)<>1,1,0);

D11:=If(Ref(TD4,-2)=1 AND TD5=1 AND Ref(D8,-3)<>1 AND Ref(D9,-2)<>1 AND Ref(D10,-1)<>1,1,0); D12:=If(Ref(TD4,-3)=1 AND TD5=1 AND Ref(D8,-4)<>1 AND

Ref(D9,-3)<>1 AND Ref(D10,-2)<>1 AND Ref(D11,-1)<>1,1,0);

D13:=If(Ref(TD4,-4)=1 AND TD5=1 AND Ref(D8,-5)<>1 AND Ref(D9,-4)<>1 AND Ref(D10,-3)<>1 AND Ref(D11,-2)<>1 AND Ref(D12,-1)<>1,1,0);

D14:=If(Ref(TD4,-5)=1 AND TD5=1 AND Ref(D8,-6)<>1 AND Ref(D9,-5)<>1 AND Ref(D10,-4)<>1 AND Ref(D11,-3)<>1 AND Ref(D12,-2)<>1 AND Ref(D13,-1)<>1,1,0);

D15:=If(Ref(TD4,-6)=1 AND TD5=1 AND Ref(D8,-7)<>1 AND Ref(D9,-6)<>1 AND Ref(D10,-5)<>1 AND Ref(D11,-4)<>1 AND Ref(D12,-3)<>1 AND Ref(D13,-2)<>1 AND Ref(D14,-1)<>1,1,0);

D16:=If(Ref(TD4,-7)=1 AND TD5=1 AND Ref(D8,-8)<>1 AND Ref(D9,-7)<>1 AND Ref(D10,-6)<>1 AND Ref(D11,-5)<>1 AND Ref(D12,-4)<>1 AND Ref(D13,-3)<>1 AND Ref(D14,-2)<>1 AND Ref(D15,-1)<>1,1,0);

D17:=If(Ref(TD4,-8)=1 AND TD5=1 AND Ref(D8,-9)<>1 AND Ref(D9,-8)<>1 AND Ref(D10,-7)<>1 AND Ref(D11,-6)<>1 AND Ref(D12,-5)<>1 AND Ref(D13,-4)<>1 AND Ref(D14,-3)<>1 AND Ref(D15,-2)<>1 AND Ref(D16,-1)<>1,1,0);

SetUp:=D8+D9+D10+D11+D12+D13+D14+D15+D16+D17;

SetUp

TD Count Down Buy A

Cum(If(C<Ref(CLOSE,-2),1,0))-ValueWhen(1,Ref(Fml("TD - SetUp-Buy" ), 1)=1, Cum(If(C<Ref(C,-2),1,0)))

TD Count Down Buy B

If(Fml("TD Count Down Buy A")>=14 AND C>Ref(C,-4),1,0)

TD Count Down Buy C

If(Fml("TD Count Down Buy A")>=14 AND C>Ref(H,-2),1,0)

Buy Experts:

Type / Change in Highlights:

Buy Bullish SetUp (Color: Cyan)

Fml( "TD - SetUp-Buy" ) =1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,1)=1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,2)=1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,3)=1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,5)=1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,6)=1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,7)=1 OR

Ref( Fml( "TD - SetUp-Buy" ) ,8)=1

Buy Count Down (Color: Blue)

( Fml( "TD Count Down Buy A" ) =13

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 13) OR

( Fml( "TD Count Down Buy A" ) =12

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 12) OR

( Fml( "TD Count Down Buy A" ) =11

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 11) OR

( Fml( "TD Count Down Buy A" ) =10

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 10) OR

( Fml( "TD Count Down Buy A" ) =9

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 9) OR

( Fml( "TD Count Down Buy A" ) =8

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 8) OR

( Fml( "TD Count Down Buy A" ) =7

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 7) OR

( Fml( "TD Count Down Buy A" ) =6

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<>6) OR

( Fml( "TD Count Down Buy A" ) =5

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 5) OR

( Fml( "TD Count Down Buy A" ) =4

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 4) OR

( Fml( "TD Count Down Buy A" ) =3

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<>3) OR

( Fml( "TD Count Down Buy A" ) =2

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<>2)

Buy A (Color: Green)

( Fml( "TD Count Down Buy A" ) =14 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 14)

Buy B (Color: Green)

A:=If( Fml( "TD Count Down Buy A" ) =14

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Buy B" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,B ) AND Fml( "TD Count Down Buy B" ) =1

Buy C (Color: Green)

A:=If( Fml( "TD Count Down Buy A" ) =14

AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Buy C" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,C ) AND Fml( "TD Count Down Buy C" ) =1

Type / Change in Symbols:

SetUp9 (Label: 9 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Fml( "TD - SetUp-Buy" )=1

SetUp8 (Label: 8 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ),1)=1

SetUp7 (Label: 7 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,2)=1

SetUp6 (Label: 6 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,3)=1

SetUp5 (Label: 5 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,4)=1

SetUp4 (Label: 4 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,5)=1

SetUp3 (Label: 3 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,6)=1

SetUp2 (Label: 2 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,7)=1

SetUp1 (Label: 1 / Font: 8 / Color: Magenta / Position: Below / Graphics: None )

Ref( Fml( "TD - SetUp-Buy" ) ,8)=1

CountDown1 (Label: 1 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =2 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<>2

CountDown2 (Label: 2 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =3 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 3

CountDown3 (Label: 3 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =4 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 4

CountDown4 (Label: 4 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =5 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 5

CountDown5 (Label: 5 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =6 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 6

CountDown6 (Label: 6 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =7 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 7

CountDown7 (Label: 7 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =8 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 8

CountDown8 (Label: 8 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =9 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 9

CountDown9 (Label: 9 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =10 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 10

CountDown10 (Label: 10 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =11 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 11

CountDown11 (Label: 11 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =12 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 12

CountDown12 (Label: 12 / Font: 8 / Color: Brown / Position: Below / Graphics: None )

Fml( "TD Count Down Buy A" ) =13 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 13

CountDown13 (Label: Buy A / Font: 9 / Color: Green / Position: Below / Graphics: Buy Arrow )

Fml( "TD Count Down Buy A" ) =14 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 14

Buy B (Label: Buy B / Font: 9 / Color: Green / Position: Below / Graphics: Buy Arrow )

A:=If( Fml( "TD Count Down Buy A" ) =14 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Buy B" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,B ) AND Fml( "TD Count Down Buy B" ) =1

Buy C (Label: Buy C / Font: 9 / Color: Green / Position: Below / Graphics: Buy Arrow )

A:=If( Fml( "TD Count Down Buy A" ) =14 AND Ref( Fml( "TD Count Down Buy A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Buy C" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,C ) AND Fml( "TD Count Down Buy C" ) =1

Sell Indicators:

TD - SetUp-Sell

TD1:=If(C>Ref(C,-4),1,0);

TD2:=If(TD1=1 AND Ref(TD1,-1)=1 AND Ref(TD1,-2)=1 AND Ref(TD1,-3)=1 AND Ref(TD1,-4)=1 AND Ref(TD1,-5)=1 AND Ref(TD1,-6)=1 AND Ref(TD1,-7)=1 AND Ref(TD1,-8)=1, 1,0);

TD3:=If(Ref(C,-9)<=Ref(C,-13),1,0);

TD4:=If(TD2=1 AND TD3=1,1,0);

TD5:=If(L>=Ref(HHV(H,5),-3),1,0);

D8:=If(Ref(TD4,1)=1 AND TD5=1,1,0);

D9:=If(TD4=1 AND TD5=1 AND Ref(D8,-1)<>1,1,0);

D10:=If(Ref(TD4,-1)=1 AND TD5=1 AND Ref(D8,-2)<>1 AND Ref(D9,-1)<>1,1,0);

D11:=If(Ref(TD4,-2)=1 AND TD5=1 AND Ref(D8,-3)<>1 AND Ref(D9,-2)<>1 AND Ref(D10,-1)<>1,1,0);

D12:=If(Ref(TD4,-3)=1 AND TD5=1 AND Ref(D8,-4)<>1 AND Ref(D9,-3)<>1 AND Ref(D10,-2)<>1 AND Ref(D11,-1)<>1,1,0);

D13:=If(Ref(TD4,-4)=1 AND TD5=1 AND Ref(D8,-5)<>1 AND Ref(D9,-4)<>1 AND Ref(D10,-3)<>1 AND Ref(D11,-2)<>1 AND Ref(D12,-1)<>1,1,0);

D14:=If(Ref(TD4,-5)=1 AND TD5=1 AND Ref(D8,-6)<>1 AND Ref(D9,-5)<>1 AND Ref(D10,-4)<>1 AND Ref(D11,-3)<>1 AND Ref(D12,-2)<>1 AND Ref(D13,-1)<>1,1,0);

D15:=If(Ref(TD4,-6)=1 AND TD5=1 AND Ref(D8,-7)<>1 AND Ref(D9,-6)<>1 AND Ref(D10,-5)<>1 AND Ref(D11,-4)<>1 AND Ref(D12,-3)<>1 AND Ref(D13,-2)<>1 AND Ref(D14,-1)<>1,1,0);

D16:=If(Ref(TD4,-7)=1 AND TD5=1 AND Ref(D8,-8)<>1 AND Ref(D9,-7)<>1 AND Ref(D10,-6)<>1 AND Ref(D11,-5)<>1 AND Ref(D12,-4)<>1 AND Ref(D13,-3)<>1 AND Ref(D14,-2)<>1 AND Ref(D15,-1)<>1,1,0);

SetUp:=D8+D9+D10+D11+D12+D13+D14+D15+D16+D17;

SetUp

TD Count Down Sell A

Cum(If(C>Ref(C,-2),1,0))-ValueWhen(1,Ref( Fml( "TD - SetUp-Sell" ), 1)=1, Cum(If(C>Ref(C,-2),1,0)))

TD Count Down Sell B

If(Fml( "TD Count Down Sell A" )>=14 AND C<Ref(C,-4),1,0)

TD Count Down Sell C

If(Fml( "TD Count Down Sell A" )>=14 AND C<Ref(H,-2),1,0)

Sell Experts:

Type / Change in Highlights:

Sell Bearish Setup (Color: Cyan)

Fml( "TD - SetUp-Sell" ) =1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,1)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,2)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,3)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,4)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,5)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,6)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,7)=1 OR

Ref( Fml( "TD - SetUp-Sell" ) ,8)=1

Sell Count Down (Color: Blue)

( Fml( "TD Count Down Sell A" ) =13

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 13) OR

( Fml( "TD Count Down Sell A" ) =12

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 12) OR

( Fml( "TD Count Down Sell A" ) =11

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 11) OR

( Fml( "TD Count Down Sell A" ) =10

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 10) OR

( Fml( "TD Count Down Sell A" ) =9

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 9) OR

( Fml( "TD Count Down Sell A" ) =8

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 8) OR

( Fml( "TD Count Down Sell A" ) =7

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 7) OR

( Fml( "TD Count Down Sell A" ) =6

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 6) OR

( Fml( "TD Count Down Sell A" ) =5

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 5) OR

( Fml( "TD Count Down Sell A" ) =4

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 4) OR

( Fml( "TD Count Down Sell A" ) =3

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 3) OR

( Fml( "TD Count Down Sell A" ) =2

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 2)

Sell A (Color: Green)

( Fml( "TD Count Down Sell A" ) =14

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 14)

Sell B (Color: Green)

A:=If( Fml( "TD Count Down Sell A" ) =14

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Sell B" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,B ) AND Fml( "TD Count Down Sell B" ) =1

Sell C (Color: Green)

A:=If( Fml( "TD Count Down Sell A" ) =14

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Sell C" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,C ) AND Fml( "TD Count Down Sell C" ) =1

SetUp9 (Label: 9 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Fml( "TD - SetUp-Sell" )=1

SetUp8 (Label: 8 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),1)=1

SetUp7 (Label: 7 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),2)=1

SetUp6 (Label: 6 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),3)=1

SetUp5 (Label: 5 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),4)=1

SetUp4 (Label: 4 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),5)=1

SetUp3 (Label: 3 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),6)=1

SetUp2 (Label: 2 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),7)=1

SetUp1 (Label: 1 / Font: 8 / Color: Magenta / Position: Above / Graphics: None )

Ref( Fml( "TD - SetUp-Sell" ),8)=1

CountDown1 (Label: 1 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =2

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>2

CountDown2 (Label: 2 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =3

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>3

CountDown3 (Label: 3 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =4

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>4

CountDown4 (Label: 4 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =5

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>5

CountDown5 (Label: 5 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =6

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>6

CountDown6 (Label: 6 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =7

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>7

CountDown7 (Label: 7 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =8

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>8

CountDown8 (Label: 8 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =9

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>9

CountDown9 (Label: 9 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =10

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>10

CountDown10 (Label: 10 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =11

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>11

CountDown11 (Label: 11/ Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =12

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>12

CountDown12 (Label: 12 / Font: 8 / Color: Brown / Position: Above / Graphics: None )

Fml( "TD Count Down Sell A" ) =13

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>13

CountDown13 (Label: Sell A / Font: 9 / Color: Red / Position: Above / Graphics: Sell Arrow )

Fml( "TD Count Down Sell A" ) =14

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<>14

Sell B (Label: Sell B / Font: 9 / Color: Red / Position: Above / Graphics: Sell Arrow )

A:=If( Fml( "TD Count Down Sell A" ) =14

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Sell B" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,B ) AND Fml( "TD Count Down Sell B" ) =1

Sell C (Label: Sell C / Font: 9 / Color: Red / Position: Above / Graphics: Sell Arrow )

A:=If( Fml( "TD Count Down Sell A" ) =14

AND Ref( Fml( "TD Count Down Sell A" ) ,-1 )<> 14,1,0);

B:=If( Ref(Fml( "TD Count Down Sell C" ),-1) =1,1,0);

HighestSinceBars(1,A =1,A )<HighestSinceBars(1,B=1,C ) AND Fml( "TD Count Down Sell C" ) =1