Repaints AGAIG Best Trading Chart Setup For ThinkOrSwim

[hballa]

Hi csricksdds, Thanks for beautiful link. I tried to remove highlighted in yellow round ( 4 items). Under studies, which steps I need to remove to get rid of 4 items?



Also, I observed few times that "example at 9 am CST, it displays "Long" and around at 9:05 am it disappears. Same happened with "Short" too. Can you please confirm help me to understand?
sometimes "Short" and "Long" wont change.



Lastly, @csricksdds, thanks, can you please guide us on entry and exit points?

 

[rharv]

thank you for putting the hard work into making this indicator! so far i love it! quick question- how do you utilize the ATR??? Im assuming the ATR is shown as the light blue and red lines that run above and below the candles??

any insight would be great! also what do the yellow dots on the candles symbolize? i read through the forum but didnt see anything.

Many thanks!

 

[useThinkScript]

This is great. Thank you...I like visual trading.
Have you thought about or is it possible to write 'music' or 'tones' to the match the up and down of the price?
I know it is a whacky question...but thought I would put it out there.

Unfortunately, no.
The ToS platform does not provide for the possibility to write 'music' or 'tones' to the match the up and down of the price.

 

[Katsu]

Thank you for this wonderful system. God bless!!!!

 

[Katsu]

Is there a way to turn off the labels, it is hard to see the price. The ORB and the PSAR. Thanks

 

[bingo7]

Hi, just wanted to thank you for this awesome setup! I had a quick question do you use market extended hours or no for your setup?

 

[csricksdds]

This is a new update I am using for all time frames. You can continue to use the old setup or this new one if you prefer. I am using the new one on all time frames.
Chart Link: AGAIF BestTradingChartSetup 9-30-24 http://tos.mx/!ayok5Szv

Chart Look:

https://imgur.com/a/hn52SQ4

Here is some further narration.

AGAIG Best Trading Chart Setup Update​

I have added a couple of things to this chart. Added is the 9:55 “Time To Trade Heads Up” (30 min ORB coming to a finish and methinks the first two changes in direction may be the best trades of the day?) and I have also added a Revamped Oscillator showing on Lower and Overlaid on my Lowered Squared Histogram. The Histogram coordinates with the upper Long/Short Bubbles and the Oscillator shows previous candle movement as well as current candle movement. I will usually enter a trade when the Red/Green Heikin Ashi Candle first shows and is corroborated by my Long/Short Bubble and/or another change in direction indicator.

Heikin Candles Overview​

Let’s review Heikin Candles so as to better understand them.

A Green Candle is Bullish. It should be Flat on the bottom with wick protruding up from top of candle. The wick shows continuing direction movement. As the Candle moves up you would like for each candle to be larger and close above previous candle (acceleration is body growing in length). If you start getting a wick showing on the bottom as well as top momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size as well as closing below last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

A Red Candle is Bearish. It should be Flat on Top with wick protruding down from bottom of candle. The wick shows continuing direction movement. As the Candle moves down you would like for each candle to be larger and close below previous candle (acceleration is body growing in length). If you start getting a wick showing on the top as well as bottom momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size and closing above last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

 

[BartsPlace]

A Green Candle is Bullish. It should be Flat on top

I think you've got those backward. No? Green should be flat on bottom.

 

[csricksdds]

I think this is correct verbiage now....sorry brain not functioning properly.. previous post edited to be right.

AGAIG BestTradingChartSetup Update​

I have added a couple of things to this chart. Added is the 9:55 “Time To Trade Heads Up” (30 min ORB coming to a finish and methinks the first two changes in direction may be the best trades of the day?) and I have also added a Revamped Oscillator showing on Lower and Overlaid on my Lowered Squared Histogram. The Histogram coordinates with the upper Long/Short Bubbles and the Oscillator shows previous candle movement as well as current candle movement. I will usually enter a trade when the Red/Green Heikin Ashi Candle first shows and is corroborated by my Long/Short Bubble and/or another change in direction indicator.

Heikin Candles Overview​

Let’s review Heikin Candles so as to better understand them.

A Green Candle is Bullish. It should be Flat on the bottom with wick protruding up from top of candle. The wick shows continuing direction movement. As the Candle moves up you would like for each candle to be larger and close above previous candle (acceleration is body growing in length). If you start getting a wick showing on the bottom as well as top momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size as well as closing below last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

A Red Candle is Bearish. It should be Flat on Top with wick protruding down from bottom of candle. The wick shows continuing direction movement. As the Candle moves down you would like for each candle to be larger and close below previous candle (acceleration is body growing in length). If you start getting a wick showing on the top as well as bottom momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size and closing above last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

@BartsPlace

 

[HUJI]

This is a new update I am using for all time frames. You can continue to use the old setup or this new one if you prefer. I am using the new one on all time frames.
Chart Link: AGAIF BestTradingChartSetup 9-30-24 http://tos.mx/!ayok5Szv

Chart Look:

https://imgur.com/a/hn52SQ4

Here is some further narration.

AGAIG Best Trading Chart Setup Update​

I have added a couple of things to this chart. Added is the 9:55 “Time To Trade Heads Up” (30 min ORB coming to a finish and methinks the first two changes in direction may be the best trades of the day?) and I have also added a Revamped Oscillator showing on Lower and Overlaid on my Lowered Squared Histogram. The Histogram coordinates with the upper Long/Short Bubbles and the Oscillator shows previous candle movement as well as current candle movement. I will usually enter a trade when the Red/Green Heikin Ashi Candle first shows and is corroborated by my Long/Short Bubble and/or another change in direction indicator.

Heikin Candles Overview​

Let’s review Heikin Candles so as to better understand them.

A Green Candle is Bullish. It should be Flat on the bottom with wick protruding up from top of candle. The wick shows continuing direction movement. As the Candle moves up you would like for each candle to be larger and close above previous candle (acceleration is body growing in length). If you start getting a wick showing on the bottom as well as top momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size as well as closing below last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

A Red Candle is Bearish. It should be Flat on Top with wick protruding down from bottom of candle. The wick shows continuing direction movement. As the Candle moves down you would like for each candle to be larger and close below previous candle (acceleration is body growing in length). If you start getting a wick showing on the top as well as bottom momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size and closing above last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

I think I missed your definition on this part, but what do the white dots on the top and on the bottom of the rising candles of some trends and not others? Are they squeeze indicators?

 

[csricksdds]

I think I missed your definition on this part, but what do the white dots on the top and on the bottom of the rising candles of some trends and not others? Are they squeeze indicators?

I’ll take a look when I get back to my computer? It may be morning before I can answer…

 

[csricksdds]

I’ll take a look when I get back to my computer? It may be morning before I can answer…

They are trend volume strength dots which shows extra strength at that point (more than normal) on that candle. With Heikin Ashi and there is a long wick attached to the candle it's usually more strength in direction of the candle, or if a shorter wick the Bulls/Bears may be arm wrestling for control....and the winner is the one with more volume strength. You can go into your Beaker drop-down (two places to left of your chart time setting) for Added studies and strategies and X remove the indicator (if you don't want it) or click on the wheel to the right and uncheck show study.

When you see something on a chart and don't know what it is put you pointer on the area in question (in this case the dot) and right click and it will usually show the indicator involved!

Thanks good the good question and sorry it took a while to answer!

 

[hballa]

@csricksdds , http://tos.mx/!ayok5Szv looks great, can you please suggest what are entry and exit points?

The highlighted green and red areas are about consolidation? screenshot from Stock name Duo.

 

[csricksdds]

@csricksdds , http://tos.mx/!ayok5Szv looks great, can you please suggest what are entry and exit points?

Indications for change in direction I.e. candle change in color, long/short bubbles, pivot points, traffic light, oscillator on lower, MTF alignment, etc when two, or more, suggest a change (but remember there is no holy grail). If new to this paper trade until you get a handle on it. Everything you need is available on this chart. I have been suggesting that the two best trades are the first two changes in direction after ORB (opening range breakout) around 10:00 a.m. when the market settles a bit!

 

[Risktk1r]

UPDATE: 9/30/24 new indicators! new chart!

This is a new update I am using for all time frames. You can continue to use the old setup (see post below) or this new one if you prefer. I am using the new one on all time frames.
Chart Link: AGAIF BestTradingChartSetup 9-30-24 http://tos.mx/!ayok5Szv

Chart Look:

https://imgur.com/a/hn52SQ4

Here is some further narration.

AGAIG Best Trading Chart Setup Update​

I have added a couple of things to this chart. Added is the 9:55 “Time To Trade Heads Up” (30 min ORB coming to a finish and methinks the first two changes in direction may be the best trades of the day?) and I have also added a Revamped Oscillator showing on Lower and Overlaid on my Lowered Squared Histogram. The Histogram coordinates with the upper Long/Short Bubbles and the Oscillator shows previous candle movement as well as current candle movement. I will usually enter a trade when the Red/Green Heikin Ashi Candle first shows and is corroborated by my Long/Short Bubble and/or another change in direction indicator.

Heikin Candles Overview​

Let’s review Heikin Candles so as to better understand them.

A Green Candle is Bullish. It should be Flat on the bottom with wick protruding up from top of candle. The wick shows continuing direction movement. As the Candle moves up you would like for each candle to be larger and close above previous candle (acceleration is body growing in length). If you start getting a wick showing on the bottom as well as top momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size as well as closing below last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

A Red Candle is Bearish. It should be Flat on Top with wick protruding down from bottom of candle. The wick shows continuing direction movement. As the Candle moves down you would like for each candle to be larger and close below previous candle (acceleration is body growing in length). If you start getting a wick showing on the top as well as bottom momentum may be slowing and may be signaling a change in direction (also probable change if showing candle shrinking in size and closing above last candle). A candle with wicks protruding evenly both sides is most likely a change in direction.

Thank you for all you do. Im 70 and still learning. Your thinkscript skills are just fantastic. I have been using your AGAIG charts and it has improved my win rate substantially. August was my best month ever, September was #2, ( got chopped up a bit) but still had 65% winners, I keep my losses very small.
Much thanks, Mike

 

[csricksdds]

Thank you for all you do. Im 70 and still learning. Your thinkscript skills are just fantastic. I have been using your AGAIG charts and it has improved my win rate substantially. August was my best month ever, September was #2, ( got chopped up a bit) but still had 65% winners, I keep my losses very small.
Much thanks, Mike

Thanks for your kind feedback which is always appreciated!

 

[BartsPlace]

Really liking this set. Which studies do I need to modify to get back to the "normal" candle colors? The hyped colors are too much for my old eyes. Thanks!

EDIT: I'm looking for the same/similar colors as in the lower histogram.

 

[csricksdds]

Really liking this set. Which studies do I need to modify to get back to the "normal" candle colors? The hyped colors are too much for my old eyes. Thanks!

EDIT: I'm looking for the same/similar colors as in the lower histogram.

Not sure what you mean by hyped colors - the upper and lower candle on this setup should be the same color?

 

[csricksdds]

Not sure what you mean by hyped colors - the upper and lower candle on this setup should be the same color?

Are you looking at the candles, the arrows, the clouds? If you want to get rid of something you can usually put your pointer on it and right click which should give you an edit box for what you are highlighting and maybe you can unclick the Show Study?

 

[BartsPlace]

The candle color. They don't match what I have selected in Settings:Appearance. The lower study does.