Repaints Bill Murray Indicator: Intraday for ThinkOrSwim

[aj1412]

@BillMurray, thanks for sharing this work. PDF link shows error. Could you please share the working link?

Edit: please ignore my previous message. The link provided in another thread is working. thanks for sharing this work.

 

[JWH]

@Playstation I learned of that combo from a trader on twitter named https://twitter.com/deafdaytrader . He passed away late last year. He was an older guy, and was REALLY deaf. I bought his PDF for 10 bucks long ago, and it changed my trading life forever. I learned that little system, tweaked it to my liking. His english was not that good, but in countless email exchanges with him back and forth, I learned the nuances of his thinking and the way he looked at the setup. Most importantly. DO NOT ZOOM It will catch tops and bottoms with incredible, spooky, accuracy.

I use the flexible grids below quite a bit. The first is for intraday. The 2nd is for swings.

https://tos.mx/0qXMaIh - Flexible Grid - INTRADAY - Reversal. - You'll note that each time frame is set to 2 days and their timeframe. DO NOT zoom.

https://tos.mx/7wNIPbV - Flexible Grid - SWING TRADE - Reversal - This is meant for swing trades. Pretty much flawless. Weekly is best for me here.

FWIW, and being that the man has passed, I've put a link to his PDF below. (I have it in my OneDrive). He was a genuine, helpful, successful small trader. He scalped the hell out of SPX daily using this system. Just small grabs on the trades he did. I use it on everything, it's an equal opportunity system. It just works.

My Favorite Indicator - DeafDayTrader

@BillMurray: I'm unable to open this link. Is it still good?

 

[rad14733]

@BillMurray: I'm unable to open this link. Is it still good?

I tested all of the links in that post and they work for me... For the shared links try using the Manual Method rather than the Zulu Installer...

 

[floydddd]

in any event, this thing is a repainter bigtime, so take care using it.

 

[JWH]

Thank you.. I was only having a problem with the OneNote link, and I found another post later in the stream which worked. All of the indicators are downloading with no issues. Thank you both for the feedback.

@BillMurray if you see this, please ignore previous post from me regarding the book.

 

[MJK3536]

@Playstation I learned of that combo from a trader on twitter named https://twitter.com/deafdaytrader . He passed away late last year. He was an older guy, and was REALLY deaf. I bought his PDF for 10 bucks long ago, and it changed my trading life forever. I learned that little system, tweaked it to my liking. His english was not that good, but in countless email exchanges with him back and forth, I learned the nuances of his thinking and the way he looked at the setup. Most importantly. DO NOT ZOOM It will catch tops and bottoms with incredible, spooky, accuracy.

I use the flexible grids below quite a bit. The first is for intraday. The 2nd is for swings.

https://tos.mx/0qXMaIh - Flexible Grid - INTRADAY - Reversal. - You'll note that each time frame is set to 2 days and their timeframe. DO NOT zoom.

https://tos.mx/7wNIPbV - Flexible Grid - SWING TRADE - Reversal - This is meant for swing trades. Pretty much flawless. Weekly is best for me here.

FWIW, and being that the man has passed, I've put a link to his PDF below. (I have it in my OneDrive). He was a genuine, helpful, successful small trader. He scalped the hell out of SPX daily using this system. Just small grabs on the trades he did. I use it on everything, it's an equal opportunity system. It just works.

My Favorite Indicator - DeafDayTrader

I couldn't get the file to open - is there another way to share this?

 

[JWH]

I couldn't get the file to open - is there another way to share this?

I believe the problem is coming from the original post, which is what I tried.

@MJK3536 - I had a similar question above. Look higher up on this page where another post from Bill is referred to by both tem2005 and Thomas, on December 23 and December 24, 2020 with the emphasis THIS on the link. Click on that link and you'll be able to get it.

 

[Sagar]

MAN, I completely forgot about that DDT setup. Really good signals with it, may have to look at bringing back into my grid.

DDT was a great trader.. miss him.

 

[barbaros]

@BillMurray shared his grid to VIP channel, and please let me know if you do not wish to continue this request.
So what was shared was the combination of 2 very simple TOS default indicators:

AccumDistBuyPr (default settings)
StochasticSlow (OB100, OS0, K14, D1)

The results were frankly quite amazing. It can pick the top and bottom very well. When the AccumDistBuyPr line hit the StochasticSlow 100% line, it signals the absolute top, and if it hits the 0% line, it signals the absolutely bottom.

Therein lies 2 problems.

a) Being a noob, I tried to combine the scripts so that I can use on mobile. However, the results were....disastrous. The 100% line became stretched to unlimited OB.

b) On desktop, I manually dragged the 2 indicators to lower charts. It works well when zoomed out, and you can see the top hit 100% (bounded).

However, as I zoom in, it became skewed somehow, and it didn't hit 100%.

Many times, I zoom in the charts due to my intraday scalps. Is there anyway to make the AccumDistBuyPr not skewed or in other words, ensure the zoom in and zoom out points are the same? And if there needs to be a new script, can some kind soul make this so that on mobile, the range is bounded to 100% and 0%? Or, with arrows even better for scans on low TF.

It seems like the values of these indicators are not the same units.

 

[floydddd]

and that's why the op and DD said to never zoom. pick a length and stick to it ... and then watch for repaints, which will appear like magic and make the indy seem like magic, too. good luck out there!

 

[nktkobby]

reading half of the timeline, I wanted to see how "BillMurray," and VolumeFlow correlate,....very helpful
http://tos.mx/PYvEgZ2

Thanks for sharing @Thomas. Wondering if you have a scan for it, thanks again.

 

[Thomas]

Thanks for sharing @Thomas. Wondering if you have a scan for it, thanks again.

There's no scan that I know of.........I used only as a visual...

 

[nktkobby]

Hi All, I see this has been getting some interest, so I though to revisit with some more information.

1. THIS is what I use. My grid for this. http://tos.mx/wma35PP (I replace RSI with CCI, I like CCI better)

2. THIS is DeafDayTrader's (Jimmy's) PDF. MyFavoriteIndicator.pdf

3. This is a screenie of email back and forth between DDD and I. You'll notice that it's important to NOT ZOOM THE CHART to get a valid entry signal. https://onondigi-my.sharepoint.com/...hDuxpQ_XXFowYB3wzRyOL0GwkByi5dsI1K_Q?e=SYXaVw

I appreciate that most here want to "automate" things by coding their *** off. But, if you NARROW YOUR FOCUS and CONCENTRATE on just a couple things to trade, block out all the noise, you'll do much better than trying to reinvent the wheel.

I can sit and trade SPX all day, every day, using this and make a substantial income from it with this very simple setup.

Don't overcomplicate your trading. TTFT (take the f***ing trade) and manage it properly. That's all there is to it.

(edit - replaced the PDF link)

WOW, WOW WOW @BillMurray. Tried this on AMC after reading it last night, it was like magic. Thanks a Billion, lets goooooo.....

 

[Pensar]

Thought I might share a slight edit to @mashume's normalized version of DDT's Favorite Indicator. I've had this for a while. Rather than adjusting your chart timeframe to a certain length ( such as @BillMurray did in his shared grid ), you can now adjust the indicator length instead. Please note that this will NOT fix the repainting/expanding of the AccumDistBuyPr indicator, it simply limits the plot. As an example, it allows you to use a 5-year chart with a 3-month AccDist plot.

# Deaf Day Trader's Favorite Indicator Combo
# Link to DDT's method -
# https://onondigi-my.sharepoint.com/personal/bill_photosbybillmurray_com/Documents/DeafDayTrader/MyFavortieIndicator.pdf
# DDT's method shared by BillMurray @ usethinkscript.com
# Mashume - Created a single indicator by normalizing StochasticSlow() and AccumDistBuyPr() into same pane
# Pensar - limited number of bars used in AccDist

declare lower;

input number_of_bars_to_use = 52;

def data = if close > close[1] then close - Min(close[1], low) else if close < close[1] then close - Max(close[1], high) else 0;

def AD = if isnan(close[-number_of_bars_to_use]) then TotalSum(data) else double.nan;
plot AccDist = (AD - lowestall(AD)) /(highestall(AD) - lowestall(AD));
AccDist.SetDefaultColor(GetColor(1));

def stoch = StochasticSlow("over bought" = 100, "over sold" = 0, "k period" = 14, "d period" = 1).SlowD;

plot SlowD =  (stoch - lowestall(stoch)) /(highestall(stoch) - lowestall(stoch));
SlowD.setdefaultcolor(color.red);

plot one = 1;
plot zero = 0;

# end code

 

[upsignal]

When you say do no

Hi All, I see this has been getting some interest, so I though to revisit with some more information.

1. THIS is what I use. My grid for this. http://tos.mx/wma35PP (I replace RSI with CCI, I like CCI better)

2. THIS is DeafDayTrader's (Jimmy's) PDF. MyFavoriteIndicator.pdf

3. This is a screenie of email back and forth between DDD and I. You'll notice that it's important to NOT ZOOM THE CHART to get a valid entry signal. https://onondigi-my.sharepoint.com/...hDuxpQ_XXFowYB3wzRyOL0GwkByi5dsI1K_Q?e=SYXaVw

I appreciate that most here want to "automate" things by coding their *** off. But, if you NARROW YOUR FOCUS and CONCENTRATE on just a couple things to trade, block out all the noise, you'll do much better than trying to reinvent the wheel.

I can sit and trade SPX all day, every day, using this and make a substantial income from it with this very simple setup.

Don't overcomplicate your trading. TTFT (take the f***ing trade) and manage it properly. That's all there is to it.

(edit - replaced the PDF link)

t zoom it, you mean like you cannot even adjust the settings on the chart to view the candles? if i do anything beyond 3 days (5mins 1hr, etc.), it's hard to see the candles or the price action. thanks for your feedback

 

[nktkobby]

Hi All, I see this has been getting some interest, so I though to revisit with some more information.

1. THIS is what I use. My grid for this. http://tos.mx/wma35PP (I replace RSI with CCI, I like CCI better)

2. THIS is DeafDayTrader's (Jimmy's) PDF. MyFavoriteIndicator.pdf

3. This is a screenie of email back and forth between DDD and I. You'll notice that it's important to NOT ZOOM THE CHART to get a valid entry signal. https://onondigi-my.sharepoint.com/...hDuxpQ_XXFowYB3wzRyOL0GwkByi5dsI1K_Q?e=SYXaVw

I appreciate that most here want to "automate" things by coding their *** off. But, if you NARROW YOUR FOCUS and CONCENTRATE on just a couple things to trade, block out all the noise, you'll do much better than trying to reinvent the wheel.

I can sit and trade SPX all day, every day, using this and make a substantial income from it with this very simple setup.

Don't overcomplicate your trading. TTFT (take the f***ing trade) and manage it properly. That's all there is to it.

(edit - replaced the PDF link)

Thanks for sharing... @BillMurray. Do you have a scanner the picks the bottom on a day time frame

 

[DeepThinker]

Hi All, I see this has been getting some interest, so I though to revisit with some more information.

1. THIS is what I use. My grid for this. http://tos.mx/wma35PP (I replace RSI with CCI, I like CCI better)

2. THIS is DeafDayTrader's (Jimmy's) PDF. MyFavoriteIndicator.pdf

3. This is a screenie of email back and forth between DDD and I. You'll notice that it's important to NOT ZOOM THE CHART to get a valid entry signal. https://onondigi-my.sharepoint.com/...hDuxpQ_XXFowYB3wzRyOL0GwkByi5dsI1K_Q?e=SYXaVw

I appreciate that most here want to "automate" things by coding their *** off. But, if you NARROW YOUR FOCUS and CONCENTRATE on just a couple things to trade, block out all the noise, you'll do much better than trying to reinvent the wheel.

I can sit and trade SPX all day, every day, using this and make a substantial income from it with this very simple setup.

Don't overcomplicate your trading. TTFT (take the f***ing trade) and manage it properly. That's all there is to it.

(edit - replaced the PDF link)

@BillMurray Thank you for sharing this !!! If it s not too much trouble, could you share the scanner for setting up the watchlist for this indicator
Thank you in advance

 

[MerryDay]

@nktkobby @grikag.capital https://usethinkscript.com/threads/...signal-for-thinkorswim.1981/page-2#post-26853

 

[quijanoj44]

reading half of the timeline, I wanted to see how "BillMurray," and VolumeFlow correlate,....very helpful
http://tos.mx/PYvEgZ2

Interesting chart... do the upper reversal indicator repaint?

 

[Thomas]

Interesting chart... do the upper reversal indicator repaint?

If the indicator you are specifically asking about is "Enhanced," there are is a dot that warns you that price is ready to reverse...I haven't taken a look....honestly I find almost anything of the chart except price is becoming distractive. I urge all to use trendlines with a break of, learn identification of engulfing/harami candles and a couple specific patterns....