The Sequential indicator is an indicator that demonstrates the trend development and its structure. Fairly accurately displays the start and end points, important break points. It is triggered when the candle opens, so there will never be any redraws.

There are no complex formulas, only statistics, counting candlesticks selected according to certain criteria. At the same time, the indicator can give very accurate signals for entry, especially when supported by some level indicator, for example, thisone .

Algorithm for finding the signal:

The indicator can warn about all events (the beginning of the countdown, the formation of the ninth candle of the first setting sequence, the “intersection”, the signal arrow) by voice message.

Screenshots 10-12 show the settings to configure. The first block is the parameters of the distances and the number of candles during the counts. If you really want to, you can try to optimize them. Here the numbers are set in accordance with the description in the book “Technical Analysis. New science.”

• Setup_Distance = 4; / / Distance between candlesticks for the first count.
• Setup_Limit = 9; // How many candles determine the sequence of the first count.
• Intersection_Min_Distance = 3;  // The minimum distance between the candlesticks that defines the “intersection”.
• Countdown_Distance = 2;  // The distance between the candles at the final count.
• Countdown_Limit = 13; // How many candles need to be counted for the signal to appear.

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The sound parameters are found in section 3. If you need voice alerts about events, then:

• Allow_Play_Sounds = true; / / allow (true) or prohibit the playback of warning sounds.
• Play_Sound_Voice = male; / / allows you to select. messages will be sent in a male or female voice.
  // – – – All possible event messages are described here. The indicator notifies only about those events that are displayed on the chart and are allowed using the parameters described below:
  Play_Sound_Signal = false; / / Buy or sell signal
  Play_Sound_Setup_Start = false; / / Start of the installation sequence
  Play_Sound_Setup_End = false; // The ninth candle of the installation sequence
  Play_Sound_Countdown_Start = false; / / Start of the final countdown to the signal
  Play_Sound_Crossower = false; / / “Intersection” preceding the final count.

Section 2 allows you to display only the icons that the user needs.

Section 4 determines the size of the icons.

Section 5 sets the colors for all the displayed elements of the indicator.

Section 6 contains the arrow codes for each of the elements.

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