Black Dog System Indicator for ThinkorSwim - Strategy

[mactheknife]

Hi
No ringy dingy. I have checked to see if there is a spot on TOS to enable the alerts, but did not find any switch to enable or anything like that. On the code page they seem to be active and all the boxes are checked. Also using the 5 minute time frame on both paper account and live acct. Any suggestions ?

 

[rad14733]

Tried the new one, still no ringy dingy. I called TDAmeritrade help desk to see if there was a switch to flip. They were not able to help as it was not one of their "standard studies"

Well, without totally debugging the script, which shouldn't be required, try the following as it is the code that creates the values in my previous post...

Alert(BDfastEMA > BDslowEma AND BDfastEMA[1] < BDslowEMA, "Buy Signal", Alert.BAR, Sound.Ring);
Alert(BDfastEMA < BDslowEma AND BDfastEMA[1] > BDslowEMA, "Sell Signal", Alert.BAR, Sound.Bell);

And just to be clear, can you tell us how you are implementing this for Alerts...??? This code won't work just anywhere...

 

[lolreconlol]

This looks great! Are you guys having success on the 5 minute time frame? Are any other indicators recommended to be used with this? Can anything be used for additional confirmation?

 

[MerryDay]

This looks great! Are you guys having success on the 5 minute time frame? Are any other indicators recommended to be used with this? Can anything be used for additional confirmation?

Recommend you put it on your chart. Nothing beats personal experience The only way you will know what works best for you is to play with the settings and see how the indicator line up w/ your strategy and with your other indicators. To determine if this indicator brings value, analyze it over different timeframes, across history and with multiple instruments.

Works well with a Volume, Support&Resistance, and a Trend oscillator. Read about specific combinations here:
https://usethinkscript.com/threads/...nt-to-successful-trading-in-thinkorswim.6114/

 

[Trading51]

Hey Guys,

I'm finding the Blackdog strategy that @BenTen posted very intriguing and I'm trying to refine
it a bit for my screen AND incorporate that author's secondary, followup strategy
(the Blackdog MtF......"mini trend finder"), which provides for excellent
trading opportunities even when trading against the original Blackdog signals.

I don't know if this has already been posted somewhere, but is there some
code that will allow me to display the results of a MACD from a higher
time frame (let's say 15m) as a subpanel indicator on a
lower time frame (let's say 5m) chart? I know @tomsk provided
a special MACD as part of this discussion, but for this I'm certain that it has
something to do with the time aggregation needed
inside the script .... just as it was used in the original Blackdog indicator itself. I
just can't figure out how to get it to apply to MACD.

I have reviewed the author's complete 111 page PDF manual and have
made my notations (including a large correction that the author mistakingly
wrote). This 111 page PDF manual includes all of the information about
the BlackDog strategy, the followup Blackdog MtF strategy, and his final
enhancement to the Blackdog MtF strategy (which he's referring to as MtF2).
It is part of the MtF2 that requires a MACD from a higher time frame displayed
on a lower time frame chart.

Once I put this together and test it, I'll be posting my complete workspace,
which include various scripts that i've pieced together, and also my edited
version of the author's 111 page PDF manual.

Thanks!

Hello can you post the update that you mentioned thanks

 

[ajacks]

Hi everyone-is there a way to do a scanner?

 

[MerryDay]

Hi everyone-is there a way to do a scanner?

BDup is true is the scanner setting

 

[lolreconlol]

Is it recommended to use this with extended hours on or off? Pretty big difference.. or is there something in the settings that you can adjust depending on if you have extended on/off?

On NVDA today, 5 minute chart, if you have extended hours ON, you get a down arrow right at open
On NVDA today, 5 minute chart, if you have extended hours OFF, you get a down arrow at 11:10 AM

 

[MerryDay]

Is it recommended to use this with extended hours on or off? Pretty big difference.. or is there something in the settings that you can adjust depending on if you have extended on/off?

On NVDA today, 5 minute chart, if you have extended hours ON, you get a down arrow right at open.
On NVDA today, 5 minute chart, if you have extended hours OFF, you get a down arrow at 11:10 AM and not much movement

https://usethinkscript.com/threads/...guerre-for-thinkorswim.8035/page-2#post-89094

 

[ajacks]

Ok, so to be clear , the script has this line "def agg = AggregationPeriod.TWENTY_MIN;" but he says to run it on a 5 min chart-so should we run a 20 min chart instead? also, do I change scanner error to 20 or 5 to match with what was suggested-sorry a bit confused

 

[MerryDay]

Ok, so to be clear , the script has this line "def agg = AggregationPeriod.TWENTY_MIN;" but he says to run it on a 5 min chart-so should we run a 20 min chart instead? also, do I change scanner error to 20 or 5 to match with what was suggested-sorry a bit confused

The Black Dog strategy is created to only look for 20min signals and to plot them on a 5min chart...
If using scan hacker to find the signals, use a 20min aggregation. Any other timeframe will produce an error.

If determined to use other timeframes use this script:
https://usethinkscript.com/threads/...for-thinkorswim-strategy.89/page-3#post-13303
make sure to set the aggregation to the period you are scanning.

 

[lolreconlol]

thanks @MerryDay ! I will try this tomorrow with extended hours off, 5 min chart

 

[lolreconlol]

When trading with this system, do you follow the rule of only going long after a black dog up arrow, and not going short until you get a black dog down arrow? That's what it states in the 100+ page PDF.. but following that I missed the move today at 11:20 AM. There was a black dog up arrow on 1/31 around 11 AM on NVDA, 5 minute.. so that means from then and until we get a black dog down, we are supposed to ignore all down arrows? Second photo is what it looks like with extended hours on.. you could've gotten a large move up and down.

https://imgur.com/a/GN2FUSP

https://imgur.com/a/tWpPkj9

 

[TapthatAsk]

When trading with this system, do you follow the rule of only going long after a black dog up arrow, and not going short until you get a black dog down arrow? That's what it states in the 100+ page PDF.. but following that I missed the move today at 11:20 AM. There was a black dog up arrow on 1/31 around 11 AM on NVDA, 5 minute.. so that means from then and until we get a black dog down, we are supposed to ignore all down arrows? Second photo is what it looks like with extended hours on.. you could've gotten a large move up and down.

https://imgur.com/a/GN2FUSP

https://imgur.com/a/tWpPkj9

@lolreconlol are you still having success using this system with ext hours on?