Half Trend Scalper, Options Scalping Grid, Slope Adaptive Moving Average, and more...! |
| Here on useThinkScript, we dive deep into the latest discussions and highlight the most valuable indicators, set ups, and strategies which could give you the edge in this week's markets. Scroll down to check out this week's must reads, carefully selected by uTS Moderators! |
| TG1212 said: This script is inspired from "Vitali Apirine (Stocks & Commodities V.36:5: Adaptive Moving Averages)" and a correction to Dynamic Volume Adaptive Moving Average (MZ DVAMA). I have used slope filtering in order to adapt trends more precisely for better trades. Slope adaption makes it better for adaptive moving average to detect trend health; making it easier to make decisions based on market strong price momentums, consolidations or breakouts. This isn’t possible with only using simply Adaptive Moving Averages. |
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| samer800 said: Three Step Future-Trend by BigBeluga is a forward-looking trend analysis tool designed to project potential future price direction based on historical periods. This indicator aggregates data from three consecutive periods, using price averages and delta volume analysis to forecast trend movement and visualize it on the chart with a projected trend line and volume metrics. |
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AVAILABLE TO VIP MEMBERS ONLY |
rad14733 said: Several members here scalp SPY Options exclusively. With Weekly and Daily expirations, plus plenty of Open Interests and Volume, there is always something to trade... Many of us went from watching the entire market to smaller and smaller Watchlists until we settled on SPY... Rather than spinning our wheels looking for which symbol to find an Option contract for we can just pick Call and Put contracts and let the trades come to us... As the market moves we simply select the next or previous strike price to stay within our desired Delta and Price range... |
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| samer800 said: Step Generalized Double DEMA (ATR based) works like a T3 moving average but is less smooth. This is on purpose to catch more signals. The addition of ATR stepped filtering reduces noise while maintaining signal integrity. |
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FROM THE ARCHIVES |
| BenTen said: Half Trend is a scalping indicator for ThinkorSwim converted by developer Mobius. This is my first time hearing about the script, but Half Trend seems to be quite popular among Forex traders. Also, it was only available for other platforms such as MT4. Now you can use it on ThinkorSwim. |
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