TD Sequential Indicator for MT4 Download - Free - [TradingFinder]

The TD Sequential indicator, developed by Tom DeMark, is designed to identify momentum shifts in price trends. This MT4 strength indicator utilizes a counting method to number candles based on their highs and lows, allowing traders to anticipate potential trend reversals.

In an uptrend, numbers appear on the highs in blue, while in a downtrend, the indicator marks the lows with red numbers.

TD Sequential Indicator Specifications Table

The following table provides key specifications such as the suitable timeframes, trading markets, and more:

Category	Currency Strength - Trading Tool - Signal & Forecast
Platform	MetaTrader 4
Skill Level	Beginner
Trading Type	Reversal - Continuation
Timeframe	Multi timeframe
Trading Style	Scalping - Intraday Trading
Market	Forex - Crypto - Commodities - Stocks

Uptrend

In the 1-hour chart of Gold vs. USD (XAU/USD), the sequence of bearish candles reaches 9. Numbers 9 to 12 suggest price exhaustion and a potential trend reversal.

 In such conditions, a buy position can be activated after forming a bullish candle labeled 1.

Downtrend

The TD Sequential indicator demonstrates its functionality in the 30-minute Bitcoin (BTC) chart. As seen in the image, the sequence of bullish candles reaches 9, signaling a potential trend reversal.

In such cases, forming a bearish candle 1 and breaking the lows of bullish Candles 6 and 7 act as signals for entering sell trades.

TD Sequential Indicator Settings

The image below displays the settings panel for the TD Sequential Indicator in MetaTrader 4:

• Lookback: Defines the number of past candles for the indicator’s calculations

Conclusion

The TD Sequential Indicator helps identify trend reversal points and optimal trade entry points. This MT4 signal and forecast indicator provides entry (buy/sell) and exit signals using a visual numbering system for candles.

Developed by Tom DeMark, this indicator simplifies momentum weakness detection in a trend.