Example 2 – Using SEQUENCE inside other functions The order of the numbers is important here, the function increments across the columns before moving to the next row. When using the rows and columns arguments, it creates sequential numbers in a two-dimensional array. The formula in cell D2 uses all the arguments: Rows, Columns, Start and Step. SEQUENCE has created a list of sequential numbers 8 rows, 1 column, starting at 1 and incrementing by 1 for each cell. Therefore, the default values are applied for each of these. In this formula, only the Rows argument is provided all the other arguments ( optional, optional, and optional), have been excluded. The two examples below show the basic usage of the SEQUENCE function to provide a sequence of numbers. As a dynamic array function, the result will automatically spill into neighboring rows and columns. The following examples illustrate how to use the SEQUENCE function in Excel. Look at Example 3 to learn how to flip that functionality around. Please note, while Excel creates sequences in rows and columns, it moves across columns, before moving down to the next row. (optional): The amount to increment each subsequent value.(optional): The first number in the sequence.If excluded, it will return a single column. (optional): The number of columns to return.The SEQUENCE function has four arguments Rows, Columns, Start, Step. III.Watch the video on YouTube The arguments of the SEQUENCE function Table 1 | Specification: Trading Indicator. Time Exit: n th day at the close, n = Time_Index. There are three methods of entry: (a) Enter on the close of the day on which the countdown is completed (b) Long Trades: Enter on the close if Close > Close Short Trades: Enter on the close if Close High Short Trades: Enter on the close if Close < Low. When the countdown reaches 13, the countdown is completed and we get a sell signal unless one of the following conditions occurs: (a) A new setup is formed simultaneously as the countdown process is taking place (b) There is a close that exceeds the lowest intraday low that occurred during the setup stage. The days that satisfy this requirement do not need to be in a row. Long Trades: Once the setup and intersection are satisfied, we count the number of days in which the close is lower than the low 2 days earlier (Close High Index: i ~ Current Bar). This rule assures that prices are advancing in an orderly fashion. Short Trades: The low of any day on or after the 8th day of the setup is lower than or equal to the high of any day 3 or more days earlier. This rule assures that prices are declining in an orderly fashion. Long Trades: The high of any day on or after the 8th day of the setup is greater than or equal to the low of any day 3 or more days earlier. Note: Each day in a look back period is a trading day. In the case where today’s close is equal or smaller than the close 4 trading days before, the setup must begin again. Long Trades: At least 9 consecutive closes are lower than the corresponding closes 4 trading days earlier (Close Close Index: i ~ Current Bar). Tested Variables: Countdown_Length & Time_Index (Definitions: Table 1):įigure 1 | Portfolio Performance (Inputs: Table 1 Commission & Slippage: $0). The final picture shows sensitivity of Equity Curve. Sensitivity TestĪll 3-D charts are followed by 2-D contour charts for Profit Factor, Sharpe Ratio, Ulcer Performance Index, CAGR, Maximum Drawdown, Percent Profitable Trades, and Avg. Portfolio: 42 futures markets from four major market sectors (commodities, currencies, interest rates, and equity indexes). Long Trades: Enter on the close if Close > Close Short Trades: Enter on the close if Close < Close. Index: i ~ Current Bar. Trade Entry: There are three entry methods explained in the Table 1. Trade Setup: There are tree stages explained in the Table 1 (Setup, Intersection, and Countdown). Research Goal: Performance verification of the TD Sequential™ pattern with time exits only (TD Sequential™ is a trademark of Market Studies, LLC). Concept: Trend reversal using exhaustion points. Trading Indicatorĭeveloper: Thomas DeMark: TD Sequential. TD Sequential | Trading Indicator (Countdown & Exit) I.
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