STUDENT WYCKOFFPro
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Practice · Beginner

Evaluation

SW Phase Count initial-sequence levels: reviewing a TDST search

An initial-sequence level and a risk reference belong to different calculation objects.

A practical guide to the independent Student Wyckoff Pro implementation. Text and translations were prepared with AI assistance from the current platform help. Explanations concern the named SW tools; a shared search term does not establish identity with other products. Exercises are chart observations.

Levels, the risk reference and 9-13-9

Support and resistance levels linked to the first sequence describe its price context. The risk reference belongs to a particular completed count; it is a separate object with its own construction and breach checks. Do not treat every visible line as the same level or as an automatically placed stop order.

A practical reading sequence

Start with the interval and price direction. Locate the most recent completed sequence and see how many bars have elapsed since it. Compare subsequent prices with nearby previous highs and lows. If the price risk reference is enabled, assess price against that reference under the selected preset.

Keep the calculated label separate from your own decision. SW Phase Count does not choose your acceptable loss, position size or execution time. The platform supports independent study of a loaded snapshot of completed bars.

Setting up SW Phase Count

Lower histograms are available when you want to study the developing counts. Two charts can be displayed side by side; a bar represents the day, week or month selected for its chart.

  • Choose a calculation preset: The preset selects the rules. Choose one available calculation variant and keep it and the input history consistent when comparing examples.
  • Keep the main labels: The “Only 9 and 13” display preset selects visible elements. It does not replace the calculation rules.
  • Add context one element at a time: P identifies an additional first-stage check; 9-13-9 identifies a linked repeat sequence. The calculated price risk reference supports comparison with subsequent price.
  • Save your workspace: Save the symbol, interval and selected indicators. Zoom and appearance are separate from the calculation preset.

Practice: check your understanding on one chart

Enable levels and identify the initial sequence associated with one line. Enable the risk reference separately and compare object labels. Record which price and breach condition you are checking under the current profile.

What the completed observation should contain

An initial-sequence level and a risk reference belong to different calculation objects.

Primary sources

Sources explain the mechanics and limitations; the editorial examples use invented numbers rather than market quotations.

Your next practical step

Open the linked help page, repeat the steps on one instrument, and record the symbol, timeframe, profile and observation date so that the result can be checked again.

Open the first-chart instructions ↗