bit reluctant to wade in on conversationbut heres my take,bare...

bit reluctant to wade in on conversation
but heres my take,

bare in mind its a 'currency' based strategy
so it may not work as well on other instruments...

tends to work better the steeper the countdown
as a bit of volatility or sideways movement tends
to distort things abit...

when i checked the TD COMBO buy signals the accuracy
was even worse so the sell signals seem to work
better...

heres the code/script i have used but it uses a slightly
diferent form of visual basic so not sure
if u can transpose code to suit yur own softwares
'operators'...


Dim fTDSetup, fTDCountdown as Single

Dim bTDSetupFound as Boolean



If Not bTDSetupFound Then ' If we have not already found a setup, look for one

If C < C[4] Then ' Look for a single bar setup for a long

If fTDSetup < 0 Then fTDSetup = 0 ' Reset TDSetup count if we have changed direction

fTDSetup += 1 ' If we have a bar setup,increment our counter by one.

ElseIf C > C[4] Then ' Look for a single bar setup for a short

If fTDSetup > 0 Then fTDSetup = 0 ' Reset TDSetup count if we have changed direction

fTDSetup -= 1 ' If we have a bar setup, decrease our counter by one.

Else

fTDSetup = 0 ' Reset our counter if there are not consequtive bars

End If



If Abs(fTDSetup) = 9 Then bTDSetupFound = True ' We have found 9 consequtive setup bars.

Else ' We have found a setup, start the countdown

If fTDSetup > 0 And C <= L[2] Then ' If we have a long setup, count the number of bars where C <= L[2]

fTDCountDown += 1

ElseIf fTDSetup < 0 And C >= H[2] Then ' If we have a short setup, count the number of bars where C >= H[2]

fTDCountDown += 1

End If

End If



PlotHist("TD Setup", fTDSetup, 0)

PlotHist("TD Countdown", fTDCountdown, 0)



If fTDCountDown >= 13 Then ' We have 13 countdown bars

If fTDSetup > 0 Then Signal = LongSignal ' If setup was long then fire long signal

If fTDSetup < 0 Then Signal = ShortSignal ' If setup was short than fire short signal

fTDSetup = 0 ' Reset our Setup count

fTDCountDown = 0 ' Reset our countdown

bTDSetupFound = False ' Reset our Setup Found flag

End If