pullback

  1. J

    9/28 EMA pullback entry strategy script

    New member here and highly impressed with the knowledge. I’m a long time user of ToS but only starting to gain knowledge of the coding side of things. I’m gaining expertise with indicator settings for custom setups and moving into the strategy and script side. Basically I know most anything you...
  2. P

    Trend Pullbacks Indicator For ThinkOrSwim

    A simple indicator of mine that uses moving averages to indicate trend direction, then signals when a pullback is happening. Good for bounce/trend continuation plays. The trend averages and pullback depth can be adjusted to suit your individual preference. # Trend Pullbacks # Pensar input...
  3. METAL

    simple pullback trend indicator help

    I am attempting to have a histogram that plots green bars when in uptrend. Uptrend is when price is above 20 ema and 5ema (Both ema's) If price goes below 5 ema (ema2) then Histo bar is yellow and visa versa for downtrend. At the moment I am only getting bars when price crosses the ema's and not...
  4. METAL

    Pullback after EMA Crossover

    What I am trying to achieve, is when price crosses ema and then pulls back to within a certain range and then continues in the direction of the original cross. I would like an alarm and an arrow at this point. Here is what I have started. It isn't working though. also would like a stop low or...
  5. R

    scanning for pullback to a moving average, with conditions

    Can someone help me set up a thinkorswim scanner that finds the following conditions, shown in photo? (and the opposite conditions for short). Thank you in advance!
  6. B

    RSI PullBack For ThinkOrSwim

    Hihi, anyone know if there is something similar to the RSI pull-back posted in https://www.tradingview.com/script/NMbiLIqS-RSI-Pull-Back/ Look interesting 😅 :love:
  7. T

    J hook emerging pattern indicator

    Hi There! Im new to the forum but would love to know where I can get started to look at scrips for J hook emerging patterns? I see that you can create a script but Im not that good at it for TOS. Is there any area you can point me to so I can do diligence and possibly make an indicator for...
  8. UpTwoBucks

    Mastering Market Pullbacks: Volume Spikes, Moving Averages, Pull Backs and Crossovers For ThinkOrSwim

    To Install: Copy link below, Click Setup Top right, Open Shared Item, "CTRL V" to paste, Preview, Import. Move it over to your chart if not there. Updated Version 2 Pull Back Indicator: https://tos.mx/eZnhche Custom Volume Label: https://tos.mx/4vIM0Zz Bid Ask Spread: https://tos.mx/Hz4C0iC My...
  9. T

    STT Pullback Candlestick Indicator For ThinkOrSwim

    Can this be converted? https://www.tradingview.com/script/B84DRxdD-PULLBACK-CANDLESTICK-STRATEGY-BY-SIMPLE-TRADING-TECHNIQUES/
  10. UpTwoBucks

    Pullback Chart Setup For ThinkOrSwim

    Powerful Live Data Pull Back Indicator. Important Notes: This script is very powerful if used correctly. Practice until you totally understand your entry and exits. Warning, this script does not give entry and exit signals. The arrows represent pull backs in price. It is up to you to determine...
  11. C

    Repaints "The System" Moving Average Cross w/ Pullbacks For ThinkOrSwim

    I recently talked to a friend who sent me a thread on an SMA cross strategy dubbed "The System", by TraderBJones on twitter. There is a pdf written about it: https://docs.google.com/presentatio...h2hMEFe7cFIU/edit#slide=id.g118a2787cc5_0_152 though the general strategies follow any typical...
  12. S

    Identifying Market Pullback (i.e. 5%+)

    I am looking to document corrections on the S&P over the last 10 years. Specifically, I am looking to find corrections of 5%+ and then count the number of days of the decline, what the high was prior to the decline, what the low was once we put in the bottom of the decline, and what the ultimate...
  13. T

    Pull Back Strategy For ThinkOrSwim

    Attached is a strategy that allows you to select a pullback and whether you want the first pull back or confirmation. input longEntries = yes; input shortEntries = no; input entryMA = {default EMA8, EMA21, EMA34, SMA50, SMA200}; input entryType = {default pullbackOnly, Confirmation}; input...
  14. S

    Squeeze Backtester - Find Best Pullback Entry/Stop/Target For ThinkOrSwim

    I really like the Squeeze strategy and I know it's pretty popular. I took two Backtesting strategies created by TOS Indicators (EMA Pullback and TTM Squeeze) that he provides for free on his website. I combined some features, made it a little more user friendly (customizable without getting into...
  15. A

    Stock Pullback Watchlist / Scan

    Hey if I can get some help too here I am looking to make a custome watchlist that signals when the stock pulls back (or comes back up) 50% of the previous day, week or month. I use this strategy (50% rule) for day trading and swinging currently cuz I know using the Start by rob smith let’s say...
  16. G

    ABC Indicator

    ABC Indicator I welcome any suggestions or help in cleaning up or combining the studies. Also your thoughts on the scan? this is typically meant for mid morning or later in the day trades. Some things I would l appreciate help with adding: Add labels A and B to the bars where they occurred...
  17. C

    Pullback To The 20EMA (SMA) or any other MA

    Could any of you amazing coders translate my thoughts into a scanable code? I am trying to find some swing setups but don’t know how to work the scanner criteria. I want to find stocks that are on up trend on weekly/monthly aggregation and at same time pullback to rising 20EMA. Is that possible...
  18. N

    Need help figuring out pullback study

    I'm working on a script to backtest a simple pullback strategy for daytrading, but I'm not sure how to fully implement this in Thinkscript. The image shows high and low swings indicated by pink and white arrows. The general idea is to enter a Long position after a pullback to (hopefully) catch...
  19. K

    Scanning for Pullbacks in ThinkorSwim

    How do I know which stocks are pulling back? Is there a scanner to help me do that in TOS? I've been using this lately to try to enter at the bottom of huge moves that last for a few weeks to a few months. It only gives a few stocks a day each scan. But after I scan I don't want to buy it...
  20. J

    MACD Pullback Strategy for ThinkorSwim

    So this is a makeup for my last strategy post. My last strategy didn't have any entry criteria and was more philosophy than a strategy. So here is my very first strategy I ever learned which still holds up to this day. On the chart place 2 Macd indicators. I like to use macd two lines, and...

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top