Mustafaozver

No-lose trading targets (Based on TDSequential) By Mustafa ÖZVER

This code shows expected reaction target prices after sudden moving based on Tom Demark Sequential. Red area means the price is on overbought area, green area means the price is on oversold area. If you see red area under price, you can make short option to next to the horizontal beginning price of red area. If you see green area over price, you can make long option to next to the horizontal beginning price of green area.

When this code works
- The green area starts where tdseq value is on oversold
- The red area starts where tdseq value is on overbought

Of course, this code may be failed, do not forget the target may never come. But hopefully price will cross over the target.
And you (as developers) can develop this code by using anything instead of tdseq to get up-down target prices.

But only this values can not guarantee good results for trading. BE CAREFUL
Release Notes: Grafikler daha verimli hale getirildi ve hesaplamalar daha iyi hale getirildi.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?