Repaints AGAIG Best Trading Chart Setup For ThinkOrSwim

[hballa]

Hi @csricksdds when you say "when they line up I trade" how do you decide to get it confidently when these bubbles and lower bar repaint? what is your confirmation bias?

Hi, I am using http://tos.mx/!XFW9xBEv and working fine. I wait for green bar (lower square of histogram) and long signal (asgoodasgets) indicator. Apart from these 2, I check MACD and RSI too.

 

[didyougetone]

Hi i find your chart very useful but i have a few question hope u can help me out with it, when ever a signal out but sometime after a few bars then it disappear maybe can you guide me on your entry and exit rule and some message i don't understand
CHART ALERT 10 d 5m
chart for QQQ
shared_shared_AsGood_Tr endCurve8 (yes, no, yes, yes, yes, 14, 1, WMA, HMA, 60, JMA, 5, HMA, 15, CLOSE, 1, 3, 1, 10, 0.8, no, 0.5, 20, 2, yes, 0.2, 0.9, yes, NoSound)
Exit Buy Alert

CHART ALERT 10 d 5m
chart for QQQ
shared_shared_ AsGood_Tr endCurve8 (yes, no, yes, yes, yes, 14, 1, WMA, HMA, 60, JMA, 5, HMA, 15, CLOSE, 1, 3, 1, 10, 0.8, no, 0.5, 20, 2, yes, 0.2, 0.9, yes, NoSound)
Exit Sell Alert

Yes!!! I agree, my trading has improved greatly since I've been using this chart...even though I don't thoroughly understand the exact workings of it.

@csricksdds
There are messages like above that I have no clue about. A couple others that pop up quite frequently are the "SSL1 has crossed," "SSL2 has crossed," "base buy," and "base exit." I'm very new to this and greatly appreciate the help everyone has been on my lack of knowledge.

I think a short "training" video would be useful to show entry and exit strategies. I've searched YouTube to see if anyone has done one, but am not able to find it. Thanks in advance for and answers/help you can provide!

 

[GOCUSH]

Hi @csricksdds. I'm using your code and really enjoy it. I'm attempting to add a couple of BuySell orders and turn it into a STRATEGY for backtesting. The "Declare Lower" throws an error stating that Lower is not accepted in a STRATEGY. Any clue what would work?

 

[useThinkScript]

Hi @csricksdds. I'm using your code and really enjoy it. I'm attempting to add a couple of BuySell orders and turn it into a STRATEGY for backtesting. Any clue what would work?

The lower chart indicator is a repainter!
No. Repainters cannot be backtested!
You will find no backtesting repainting scripts on this forum.
Those can only be found with the shysters on social media.
read more: https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/#post-149342

@csricksdds emphasizes in all his chart setups.
To be successful, you need to review the confluence of several indicators and circumstances. Never follow a simple buy/sell.
https://usethinkscript.com/threads/agaig-trading-guide-summary-in-thinkorswim.19935/
https://usethinkscript.com/threads/...ses-repaint-indicators-for-thinkorswim.20126/
https://usethinkscript.com/threads/agaig-daytrading-scalping-for-success-in-thinkorswim.20383/

 

[Zlotko]

Here is code for a 2.0 Using Pink and Light Green for the 2.0....if you need an indicator link instead of code, let me know?

##Code: AGAIG-Vertical Lines 2.0 SD
declare upper;

input atrreversal = 2.0;

def priceh = MovingAverage(AverageType.EXPONENTIAL, high, 5);
def pricel = MovingAverage(AverageType.EXPONENTIAL, low, 5);

def EIL = ZigZagHighLow("price h" = priceh, "price l" = pricel, "percentage reversal" = .01, "absolute reversal" = .05, "atr length" = 5, "atr reversal" = atrreversal).lastL;
def EIH = ZigZagHighLow("price h" = priceh, "price l" = pricel, "percentage reversal" = .01, "absolute reversal" = .05, "atr length" = 5, "atr reversal" = atrreversal).lastH;

DEF signaldown = !isNAN(EIH);

AddVerticalLine(signaldown, "EXT UP +2.0 SD", Color.Pink);
Alert(signaldown, "Price crossing above +2.0 SD", Alert.Bar, Sound.Ring);


DEF signalrevBot = !isNaN(EIL);

AddVerticalLine(signalrevBot, "EXT DOWN -2.0 SD", Color.Light_Green);
Alert(signalrevbot, "Price crossing below -2.0 SD", Alert.Bar, Sound.Ring);

#End Code

So, I am having interesting problem when I import this upper study to my charts everything is perfect but if I import your lower version of this study that I imported with your chart link, it changes the colors and it doesn't let me adjust it but if i import your link it works perfectly ?

 

[SavvyTrader]

Thank you so much for sharing your knowledge and indicators. I am trying to study and learn your AGAIG strategy, but there are so many different threads that I can't find where to start.

Would you please point me to the first thread I should read and study to learn your AGAIG strategy?

Thanks!

 

[useThinkScript]

Thank you so much for sharing your knowledge and indicators. I am trying to study and learn your AGAIG strategy, but there are so many different threads that I can't find where to start.

Would you please point me to the first thread I should read and study to learn your AGAIG strategy?

Thanks!

Here are some threads to get you started:
https://usethinkscript.com/threads/agaig-trading-guide-summary-in-thinkorswim.19935/
https://usethinkscript.com/threads/agaig-daytrading-scalping-for-success-in-thinkorswim.20383/
https://usethinkscript.com/threads/...ses-repaint-indicators-for-thinkorswim.20126/

Here are all the AGAIG tutorials:
https://usethinkscript.com/search/1...s]=1&c[nodes][0]=4&c[title_only]=1&o=date&g=1

 

[Lakers617]

csricksdds how do I change the chart type from Heikin Ashi to Candle? I tried exploring the source code and properties in the this study but had no success. Please help.
thanks

 

[HockeyFanatic]

csricksdds how do I change the chart type from Heikin Ashi to Candle? I tried exploring the source code and properties in the this study but had no success. Please help.
thanks

Go to the chart settings (the cog at the top of the chart), Appearance tab, and then the "Chart type" dropdown allows you to choose the candles.

 

[n33d2sw1m]

@csricksdds - thank you again. I was trying to watch this chart today, and I had a quick question. At 22:15, the white arrow pointing down, was it predicting a downward move? It didn't have the label of short, so curious.

 

[dirtyrug]

Hi would this be a good setup for momentum trading or new preliminary offering to public? Also if I'm on a tick chart, will this work instead of timeframe? Does it interfere with indicators? Thank you so much. I'm new to trading and very interesting.

 

[dirtyrug]

I'm not on that chart right now but you will get arrows according to how each indicator responds (which is why we use multiple indicators).....that was an apparent bounce up and then it looks like a second bullish arrow...make sure you take into consideration the market overall, multiple indicators indicating change in direction, and your upper labels as well

I noticed this too which is interesting, different way of viewing it too. My question, can we move the white buy and sell bubbles closer to the arrow? Mine shows quite a distance away like @gobulls chart. Thank you again

 

[TOS Cali]

@csricksdds - thank you again. I was trying to watch this chart today, and I had a quick question. At 22:15, the white arrow pointing down, was it predicting a downward move? It didn't have the label of short, so curious.
View attachment 24177

@n33d2sw1m try moving your chart (compress a lil- try to autozoom(right click by the prices on right of chart) and see if the short bubble pops up? if u see the long bubble at 21:15 its pretty far away from the arrow. just a thought

 

[RoyMan0]

When you add this chart it opens as a new window...is there a way to easily get this window back without having to open the shared item again if you close it? When you re-open with the link it duplicates all the studies so I now have 4+ of each of the studies..not sure if that matters but the clutter bothers me.

 

[useThinkScript]

When you add this chart it opens as a new window...is there a way to easily get this window back without having to open the shared item again if you close it? When you re-open with the link it duplicates all the studies so I now have 4+ of each of the studies..not sure if that matters but the clutter bothers me.

You are correct. All those duplicated studies will slow down your app.
Never re-import charts multiple times.

Here is how to save your imported charts so you can use it whenever you want.
AND more importantly, how to get rid of all those duplicated studies:
https://usethinkscript.com/threads/how-to-reuse-imported-charts-in-thinkorswim.20780/

 

[danjoh]

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: AGAIG 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 the work put into your charts. Well, done! I do have a question when I've opened your shared charts, they're invariably set at the 5-minute timeframe. I typically do not trade on any less of a time frame than one hour. When I'm trading, I typically have four charts displayed with monthly, weekly, daily and hourly time frames. I really don't fit into any one category as a trader, I do very little day trading to speak of. So, my questions are fundamental, what time frames are most effective? Considering each time frame that I use have you found that it's best to turn off any of the indicators in the system. Also, if you have any suggestions on resetting the lengths for the indicators according to my time frames would be helpful. Thank you, Dan