Sequencer

Sequencer organizes price action into counted sequences, in the tradition of TD Sequential: it tallies how many times price closes beyond the close of a set number of bars ago, and arranges those counts into two phases. The Preparation phase completes when N consecutive closes print below (bullish) or above (bearish) the close from the Comparison Period; that arms the Lead-Up phase, whose counts - not necessarily consecutive - must clear the corresponding prior lows or highs to finish the sequence.

How to Trade the Sequencer?

• Completed preparations (green/red): green highlights mark bullish preparations, red bearish. Completion stages the Lead-Up, though a reversal directly off a finished preparation is not uncommon.
• Completed lead-ups (blue/orange): a finished bullish Lead-Up (blue) points to a potential reversal higher; a bearish one (orange) hints at a turn lower. The counts exist to flag trend exhaustion, not to confirm trends.
• Completion levels: the Preparation/Lead-Up Completion Levels setting plots the final step's price as a reference level, with Show Last capping how many stay visible.

Longer phase lengths target larger, more sustained reversals.

Sequencer Settings

• Preparation Phase Length / Lead-Up Phase Length: how many qualifying closes each phase requires.
• Comparison Period: how many bars back each close is measured against.
• Preparation Type: Standard or Refined, with Refined Preparations Steps choosing the steps checked in refined mode.
• Suspension / Suspension Steps: require designated lead-up steps to surpass the last step's price before completion is allowed.
• Apply Cancellation: removes lead-ups invalidated by an opposing preparation.
• Bullish / Bearish Preparations Levels + Show Last: display completed preparation levels and cap how many appear.

Frequently Asked Questions

What does a completed Lead-Up actually tell me?

Why use Refined preparations or Suspension?

How do I start using the Sequencer?