Repaints AGAIG Rinse & Repeat Trading For ThinkOrSwim

[picasso11205]

Thanks so much for the reply. I will start doing what you did--begin with one contract and get used to the system. I have to admit that the re-paint in the histogram bar gets me anxious--like the robot saying "warning Will Robinson" from the old TV series. I have no doubt, though, that the strategy is a winner and is quite effective. Consider adding a True Momentum Oscillator to your Rinse and Repeat chart. Our friend and mentor @antwerks made this modification a short while ago and it's an extra data point for confluence.

 

[csricksdds]

Thanks so much for the reply. I will start doing what you did--begin with one contract and get used to the system. I have to admit that the re-paint in the histogram bar gets me anxious--like the robot saying "warning Will Robinson" from the old TV series. I have no doubt, though, that the strategy is a winner and is quite effective. Consider adding a True Momentum Oscillator to your Rinse and Repeat chart. Our friend and mentor @antwerks made this modification a short while ago and it's an extra data point for confluence.

Yes the TMO is a good addition

 

[upincantiknya]

Yes the TMO is a good addition

What did you think of Friday's price action for MSTR? I am curious as to how you interpretted the repaints during that time!

 

[csricksdds]

What did you think of Friday's price action for MSTR? I am curious as to how you interpretted the repaints during that time!

Take into consideration the market overall. Was overall price above the VWAP. Was price above the 20 EMA and did it cross back over? At opening price established the lower ORB and then reversed and stayed above the ORB HI for the day. When the trend is strong one way it is difficult for me as well.

 

[upincantiknya]

Doing a mini journal here (not sure if allowed, please let me know if it is not and I will move this to another thread or start a separate journal)

February 10, 2026 for MSTR
The screenshot taken at approximately 10:37 ET. I took the $130 strike for calls at 0.70 delta. Entry was at 9.35 at 10:07 ET and exit was at 10.80 at 10:34 ET. This one took a little bit of patience for me and also some risk tolerance. When the histogram appeared, I didn't enter at the moment due to mixed signals but an entry would've resulted in a winner. This was a more difficult play for me in my opinion.

Open to suggestions/thoughts on what I could've done better. There were mixed signals, but some inherent factors that I was previously familiar with (I used to look at the daily chart a lot) influenced my decision, in addition to the volume pressure.