Exhaustion Indicators
Exhaustion indicators help identify when a trend is losing momentum and may be about to reverse. They're particularly useful for spotting potential turning points in the market.
🎯 Tom DeMark Sequential
The TD Sequential is a sophisticated indicator developed by Tom DeMark that identifies potential trend exhaustion points through a two-phase process:
- Setup Phase: Counts consecutive closes higher or lower than closes 4 periods ago
- Countdown Phase: Requires 13 closes to complete (not necessarily consecutive)
- Bullish Setup (1): Series of lower closes suggesting potential bottom
- Bearish Setup (-1): Series of higher closes suggesting potential top
- No Setup (0): No significant pattern detected
Note: A complete TD Sequential setup requires 9 consecutive qualifying closes. The indicator is most powerful when combined with other technical analysis tools.
Tom DeMark Sequential (TDS)
Identifies potential trend exhaustion and reversal points
Code Example
import { TDS } from 'trading-signals';
const td = new TDS();
// Returns 1 for bullish setup
// Returns -1 for bearish setup
// Returns 0 otherwise
const result = td.add(closePrice);
console.log(result);
Interactive Demo
Using Exhaustion Indicators
Exhaustion indicators work best when combined with other forms of analysis. Here are some best practices:
- Look for confirmation from volume indicators (like OBV) when a setup completes
- Use momentum indicators (like RSI) to confirm overbought/oversold conditions
- Consider the broader trend context - exhaustion signals are stronger against the prevailing trend
- Wait for price action confirmation before taking positions based solely on exhaustion signals
⚠️ Important Disclaimer
Signals by technical trading indicators are not guarantees. Always use proper risk management, confirm signals with multiple indicators, and never rely on a single indicator for trading decisions. This library is for educational purposes and does not constitute financial advice.