TD Sequential indicator - new strategy

[Prossi79]

For requestion a new strategy. Please use the template below.
Any strategy request that does not follow the template will be closed.

Step 1: What indicators are required?

no indicators needed, just close prices

Step 2: Explain the Buy Strategy

the trigger to buy ->
When you see 9 consecutive closes “lower” than the close 4 bars prior.
An ideal buy is when the low of bars 6 and 7 in the count are exceeded by the low of bars 8 or 9.

Step 3: Explain the Sell Strategy

trigger to sell ->
When you see 9 consecutive closes “higher” than the close 4 candles prior.
An ideal sell is when the the high of bars 6 and 7 in the count are exceeded by the high of bars 8 or 9.

Source

What come from this strategy? Cite your source:
https://hackernoon.com/how-to-buy-sell-cryptocurrency-with-number-indicator-td-sequential-5af46f0ebce1

[hroff-1902]

• a good article on this indicator: http://practicaltechnicalanalysis.blogspot.com/2013/01/tom-demark-sequential.html
• a reference page at the tradingview: https://www.tradingview.com/chart/BTCUSD/2MJxxId6-Tom-Demark-Sequential-T-D-Sequential/
• the book mentioned in the article (DeMark Indicators (Bloomberg Financial Book 40) 1st Edition): https://www.amazon.com/DeMark-Indicators-Bloomberg-Financial-Book-ebook/dp/B003O86F7C

(to log it here)

[xmatthias]

I guess #75 does fix this?

Let me know if that's not the case ...