blackFLAG FTS - SwingArm Trend Indicator using ATRTrailing Stop and Fibonacci Retracements

[ribitzki21490]

ust a question ... you may help
In a recent webminer presented by Jose i have noticed., 30 min swing arms is overlapping in 2 min charts to see exactly where the 30M swing arms levels are in 2 min charts ... i understand this something to do with Aggregation Period ... please help ...how to get this done ? or if you could share a TOS link ... that would be very helpful
thank you

Note : FF to 12.26 to see the the overlap (You just post the video up there)

SOLVED: I have solved the issue adding Aggregation code

@Topas
Hey where did you find the aggregation code?

 

[dlgoad]

Is the presentation I have seen on Jose's screen during some of his recap Zoom meetings available? It looks like there is a great amount of good information there to help come up to speed on this approach

 

[baxtr]

Is the presentation I have seen on Jose's screen during some of his recap Zoom meetings available? It looks like there is a great amount of good information there to help come up to speed on this approach

he usually links them on his twitter https://twitter.com/blackflagfuture scroll down a bit to find them

 

[lomautn]

I'm following this thread for several weeks now and as I'm in Belgium and TD Ameritrade is not offering any services here, I'm having no access tot TOS.... So sorry upfront that it is not on topic for TOS, but it is for the SwinArm. I'm also a swingtrader, not a daytrader. So I built the SwingArm TOS script in Python and applied the daily data for stocks. Anybody who is interested in the script, just let me know. I built a first version over the last week and still need to work further on it. You can see a screenshot for AAPL over the last 100 days attached - you can see the SwingArm and the 3 Fib levels. I have scripted alerts for crossing the Fib levels for buy or sell.
A question for @fjr1300 or anyone else knowledge: the script gives perfect entry points, but what about profit taking? I understand when daytrading futures, the daily average price moving levels are being used to give some indication (maybe I misunderstood...), but with swingtrading, you trade possibly during multiple weeks. Any help on this would be appreciated! Any feedback is also welcome...

 

[BenTen]

@lomautn Great job converting the script to Python. Not sure if this will help, but we recently published the SwingArm indicator on TradingView. You can check it out here: https://www.tradingview.com/script/Dxc0Pi3n-SwingArm-ATR-Trend-Indicator/

Regarding profit taking, please check out some of the webinars Jose did on our YouTube channel.

 

[TopDog]

Can anyone help build a strategy to back test this study. It works quite well but I want to generate a report on back testing with 1,2,5 and 10 Minutes.
I wrote one but I am not good at coding. Appreciate the help.

 

[technicallydreaming]

Can anyone help build a strategy to back test this study. It works quite well but I want to generate a report on back testing with 1,2,5 and 10 Minutes.
I wrote one but I am not good at coding. Appreciate the help.

I don't believe backtesting would be a good idea for something like this. Too many variables to consider, particularly the MTF agreement between the swingarm's.

 

[mattarmstrong88]

Which study are the S1 R1 etc bubbles in. Im trying to create an alert for when they are crossed

 

[BenTen]

@mattarmstrong88 You're looking for https://usethinkscript.com/threads/...ort-resistance-indicator-for-thinkorswim.158/

 

[Iggyak]

I too would like to backtest this strategy so I can dial it in for stocks, but don’t know how to code the mtf Part. Could someone get me started by posting a strategy showing to buy when the 1min and 15min are bullish and price is In the 1hr, l1, l2, or l3 zones for example? Any help is greatly appreciated.

 

[Billions]

I need help my scanner was working on the swing arm break now it stopped working is there something I need to do?

 

[ribitzki21490]

Can somebody tell me how to overlap aggregation periods? For example, I`d like to have the hourly Swingarm overlap with the 5 minute Swingarm. I believe I saw it in one of tutorial videos.

 

[BenTen]

@ribitzki21490 Here you go https://tos.mx/zEqum1p

 

[ribitzki21490]

Thank you! Just what I was looking for.

 

[newtoazure]

How do I scan for "Buy Confirmed" signal only ? I used the code here to scan for uptrend, but I would like to get in when "Buy confirmed" has been triggered

 

[BenTen]

@newtoazure You are referring to the Hull Moving Average. I would ask that question here.

 

[technicallydreaming]

I just wanted to share an idea of how I am using this indicator (as it evolves) scalping /MES. I am still paper trading it for the time being but I really am liking this setup. The multi swing arm on one chart posted earlier by @BenTen is a BIG HELP as it really put's things into perspective and saves me from the false signals of a 1 minute chart. Modified the code mostly just for cosmetic reasons & I created a simplified basic version of the swing arm to quickly check the longer term overall trend for my style of trading. I know it's ideal to use multiple monitors to manage the different timeframes, but I am not so good at multi tasking so I prefer everything on a single chart--- Shockingly, I am using the small screen of a Surface GO for this but you get used to it.

If anyone wants a chart link let me know, happy to share. As always thankyou to @fjr1300 , @horserider , & others for these amazing tools I am using.

Shareable Link: https://tos.mx/cfnF0Mw

The real credit goes to the original people, my coding ability is extremely limited.

edit: the atr factor of the lower swingarm trend indicator was accidentally set to 0.5 instead of 5 just fyi

 

[Billions]

Does anyone have an alert when the price gets into zone 4, 3 etc.?

 

[Sagar]

Anyone having scan code alert issue not triggering to email and SMS. For me it triggers early morning till morning 7-10am and it just stops working.
Called TOS but nothing helping. If someone had same issue with SwingArm @BenTen

 

[dmaffo]

Lost $2.600.00 today with SwingArm. Please chime with all comments as I am looking for help. I got orders filled on long side in greenzones and things dipped on wrongside shortly after, and I ended bailing few times which cost me early on day. Then I was on right side of trade but slippage and not filled orders messed me up. I was successful couple times over 10% but with partial crummy fills on TOS...frig...
Please let me know what other indicators I should be using.
What time frames I should beusing them with. 1 2 5 7 10 12 15?
I am looking for help to best use these tools. Any consideration to this would sincerely be appreciated.
Thanks
using $25k account.... well.... not anylonger...

Was close but no cigar today. Want to dust myself off and get back in confident tomorrow.