ASAP (As Simple As Possible) Strategy for ThinkorSwim

[slowmohockey]

Was that for the /MES or the /ES ?? That would be pretty crazy for the /MES!!!

Wondering if I have the "updated" code? I'm actually using Mailbags setup (I like the display), this link: http://tos.mx/OGziurm

 

[dap711]

Stats for the entire day today. I did NOT take any of these trades as I'm new to this and watching for now. Pretty (REALLY) good results.
/MES chart at 1D - 1M
Backtest at 1, Length 7
SMI Lower, length 4
Floating P/L = $475
25 Trades
TD Amer Futures Commissions @$5.75
Net Profit: $331.25
0930 - 1600 EST

@Dap, did you figure out how to auto-trade this through TOS?

Hey @slowmohockey! Yes, I'm auto trading thru ToS .. see here: Video about using Marco Recorder to auto trade. https://drive.google.com/file/d/1uq1IMBaUw96mFSAgL02d1LQcJT_3V8W_/view?usp=sharing

I have also modified the code some. I've combined Moving Average Master w/ ASAP and came up with the following. I optimized it to trade Gold Futures and have been making a killing with it. (Today was $4,640.00 trading one option)

#  CHART TIMEFRAME MUST BE SET TO 1 MINUTE

input ShowStategyPositions = yes;
input tradesize = 1;
input SMI_FastLength = 2;
input SMI_Displace = 1;
input SMI_SlowLength = 83;
input TrendPrice = CLOSE;
input TrendLength = 181;

# Fast Stochastic Momentum Index (SMI) 
def min_low = Lowest(low, SMI_FastLength+1);
def max_high = Highest(high, SMI_FastLength+1);
def rel_diff = close - (max_high + min_low) / 2;
def diff = max_high - min_low;
def avgrel = ExpAverage(ExpAverage(rel_diff, SMI_FastLength), SMI_FastLength);
def avgdiff = ExpAverage(ExpAverage(diff, SMI_FastLength), SMI_FastLength);
def SMI = if avgdiff != 0 then avgrel / (avgdiff / 2) * 100 else 0;

# Slow Stochastic Momentum Index (SMI) 
def min_lows= Lowest(low, SMI_SlowLength+1);
def max_highs= Highest(high, SMI_SlowLength+1);
def rel_diffs= close - (max_highs + min_lows) / 2;
def diffs= max_highs - min_lows;
def avgrels= ExpAverage(ExpAverage(rel_diffs, SMI_SlowLength), SMI_SlowLength);
def avgdiffs = ExpAverage(ExpAverage(diffs, SMI_SlowLength), SMI_SlowLength);
def SMIS = if avgdiffs != 0 then avgrels / (avgdiffs / 2) * 100 else 0;

# Hull Moving Average
plot MA = MovingAverage(AverageType.HULL, TrendPrice, TrendLength);
MA.DefineColor("Up", GetColor(1));
MA.DefineColor("Down", GetColor(0));
MA.AssignValueColor(if MA > MA[1] then MA.color("Up") else MA.color("Down"));

def BuyToOpenSignal= SMI>SMI[SMI_Displace] and close > MA[1] and MA>MA[1] and SMIS>SMIS[1];
def SellToCloseSignal= close < MA[1] or SMIS<SMIS[1];
def SellToOpenSignal= SMI<SMI[SMI_Displace] and close < MA[1] and MA<MA[1] and SMIS<SMIS[1];
def BuyToCloseSignal= close > MA[1] or SMIS>SMIS[1];

AddOrder(OrderType.BUY_TO_OPEN, BuyToOpenSignal and ShowStategyPositions,   open[-1], tradesize, Color.CYAN, Color.CYAN, "");
AddOrder(OrderType.SELL_TO_CLOSE, SellToCloseSignal and ShowStategyPositions, open[-1], tradesize, Color.CYAN, Color.CYAN, "");
AddOrder(OrderType.SELL_TO_OPEN, SellToOpenSignal and ShowStategyPositions,  open[-1], tradesize, Color.RED, Color.RED,"");
AddOrder(OrderType.BUY_TO_CLOSE, BuyToCloseSignal and ShowStategyPositions,  open[-1], tradesize, Color.RED, Color.RED,"");

def OpenOrders = GetQuantity();
AddLabel(yes, "     BUY      ", if BuyToOpenSignal[1]  and OpenOrders < 1  then CreateColor(153, 255, 153) else Color.White);
AddLabel(yes, "     SELL     ", if SellToOpenSignal[1]  and OpenOrders > -1  then CreateColor(255, 102, 102) else Color.White);
AddLabel(yes, "     CLOSE     ", if  (SellToCloseSignal[1] and OpenOrders > 0) or (BuyToCloseSignal[1] and OpenOrders < 0) then  Color.Yellow else Color.White);

 

[slowmohockey]

That's awesome dap! I'm going to keep "paper trading" this until I'm confident I know what I'm doing then will look to implement it. Thanks and I'll keep posting here.

 

[dap711]

Stats for the entire day today. I did NOT take any of these trades as I'm new to this and watching for now. Pretty (REALLY) good results.
/MES chart at 1D - 1M
Backtest at 1, Length 7
SMI Lower, length 4
Floating P/L = $475
25 Trades
TD Amer Futures Commissions @$5.75
Net Profit: $331.25
0930 - 1600 EST

@Dap, did you figure out how to auto-trade this through TOS?

BTW: You are paying way to much for your commissions. Call them and ask for a better rate. Tell them you are scalper and can't make any money at that rate and you are thinking about moving your account.

 

[slowmohockey]

BTW: You are paying way to much for your commissions. Call them and ask for a better rate. Tell them you are scalper and can't make any money at that rate and you are thinking about moving your account.

Yea I estimated a little high on the commissions (as I recall paying that a while ago). I now actually trade on TastyTrade. MUCH cheaper. Though I must admit I like the TOS trade ladder so much better than Tasty's.

 

[dap711]

Yea I estimated a little high on the commissions (as I recall paying that a while ago). I now actually trade on TastyTrade. MUCH cheaper. Though I must admit I like the TOS trade ladder so much better than Tasty's.

Yup, I told them I was moving to TastyTrade .. and they beat their price for me. However .. I do have hundreds of trades per day.

 

[slowmohockey]

Also, when I put in your new code I'm getting nothing? It's not displaying any trades?

 

[dap711]

Also, when I put in your new code I'm getting nothing? It's not displaying any trades?

Has to be on the one minute chart.

 

[slowmohockey]

Also, when I put in your new code I'm getting nothing? It's not displaying any trades?

Has to be on the one minute chart.

Ok, got it on one minute. This is a Google drive link image of my settings https://drive.google.com/file/d/10eK2vtP-5RoLruFYQ9RSDmrMlzRHW04t/view?usp=share_link

 

[dap711]

Ok, got it on one minute. This is a Google drive link image of my settings https://drive.google.com/file/d/10eK2vtP-5RoLruFYQ9RSDmrMlzRHW04t/view?usp=share_link

What does the chart look like for /GC ?

 

[slowmohockey]

Here's my current layout (using mailbags setup) and my /MES trades today

What does the chart look like for /GC ?

Let me try..In the meantime here is what my /MES setup looks like https://drive.google.com/file/d/1cY43iLCquxfVUuTg0o2tSdd5nmyLi3T4/view?usp=share_link

 

[slowmohockey]

Here's my current layout (using mailbags setup) and my /MES trades today

Let me try..In the meantime here is what my /MES setup looks like https://drive.google.com/file/d/1cY43iLCquxfVUuTg0o2tSdd5nmyLi3T4/view?usp=share_link

Getting nothing for /GC either?

 

[dap711]

Here's my current layout (using mailbags setup) and my /MES trades today

Let me try..In the meantime here is what my /MES setup looks like https://drive.google.com/file/d/1cY43iLCquxfVUuTg0o2tSdd5nmyLi3T4/view?usp=share_link

Oh my .. Try removing EVERYTHING except the ASAP strategy. You can only have one strategy loaded at a time.

 

[slowmohockey]

Oh my .. Try removing EVERYTHING except the ASAP strategy. You can only have one strategy loaded at a time.

Lol...I know a bit much! I'll definitely be simplifying this and taking a few indicators off.

Just removed everything for the /GC chart, 5D - 1M, and nothing? I'm 99% sure I copied every character of the code? Screenshot: https://drive.google.com/file/d/1-OcBiA2KQ2hruMle7ZDL5d-pJEJZcN3X/view?usp=share_link

 

[dap711]

Getting nothing for /GC either?

Here is my chart:

https://drive.google.com/file/d/1WcpVr1tZrMnQNImj-kWcYdMZ7jtWKSQZ/view?usp=sharing

 

[dap711]

Here is my chart:

https://drive.google.com/file/d/1WcpVr1tZrMnQNImj-kWcYdMZ7jtWKSQZ/view?usp=sharing

You have a warning in the upper left corner of your chart. Click it and see what it's telling you.

 

[slowmohockey]

Here is my chart:

https://drive.google.com/file/d/1WcpVr1tZrMnQNImj-kWcYdMZ7jtWKSQZ/view?usp=sharing

Does what I copied look right (settings inside my chart) as far as "inputs & options" ?

 

[slowmohockey]

You have a warning in the upper left corner of your chart. Click it and see what it's telling you.

Interesting! It says MovingMaster is reserved for usage "strategies"

 

[dap711]

Interesting! It says MovingMaster is reserved for usage "strategies"

You saved it as a study .. need to save as strategy.

 

[slowmohockey]

Interesting! It says MovingMaster is reserved for usage "strategies"

I didn't know copying code would delineate between "studies" and "strategies"? How do I copy code for a strategy?