Confirmation Candle with Key Level and Weighted Paintbars Chart Setup For ThinkOrSwim

rip78

Member
If anyone is interested, I have a great three study chart to share using pared down
#--- C4_MAX_BREAKOUTS_V5 --- #
#--- C3_MAX_SPARK --- #
from:
https://usethinkscript.com/threads/...tup-the-end-all-be-all-for-thinkorswim.15257/

Added to it is one of the best paintbar studies I have seen. Along with two supply / demand studies that compliment each other rather well. http://tos.mx/R9vyzTt
LG9sxXW.png
 
Last edited by a moderator:
If anyone is interested, I have a great three study chart to share using pared down
#--- C4_MAX_BREAKOUTS_V5 --- #
#--- C3_MAX_SPARK --- #

Added to it is one of the best paintbar studies I have seen. Along with two supply / demand studies that compliment each other rather well. http://tos.mx/R9vyzTt
LG9sxXW.png
If I may… what exactly are you utilizing from the c3 breakouts study?
 
Last edited by a moderator:
If I may… what exactly are you utilizing from the c3 breakouts study?
Hi HODL-Lay-HE-hoo! I am not using the C3 study in this chart set up. Just the C4 study. To be honest, I am not using this set up anymore. I did take the time to adjust some of the input numbers for both the WMA_WS Slingshot and the C4 Max studies. Which I believe makes this a much better trading setting set up than previously posted. Here is the improved version : http://tos.mx/O1Nze0v
 
Yup on page one scroll down near the end to the “alternate versions” for the Breakouts version BUT this image is not using anything (from what I can tell) that requires the breakouts version as the breakouts only plot arrows but I don’t recommend using it unless your testing it out or something of that nature.

The green box and red box you can get from any of the C3_Max studies not sure how the blue and purple boxes are formed.
 
I have been using your "key levels" with other indicators for a few weeks and they are quite respected.
It saves me time from drawing some price levels by hand.
I have just modified the script to custom RGB colors which suit a black background chart, and to make them less prominent. I will try your new set up and wanted to thank you for your contribution.

Here is an example that I use for scalping with pretty good success.
http://tos.mx/4uPMUvZ
 
Last edited:
Hi HODL-Lay-HE-hoo! I am not using the C3 study in this chart set up. Just the C4 study. To be honest, I am not using this set up anymore. I did take the time to adjust some of the input numbers for both the WMA_WS Slingshot and the C4 Max studies. Which I believe makes this a much better trading setting set up than previously posted. Here is the improved version : http://tos.mx/O1Nze0v
Oh ok 👍… yeah I mention C3 / C4 interchangeably because they are essentially the same study the only difference being the arrows for the “breakouts” code I added. I was not able to put the breakout indications to good use so I abandoned it shortly after making it.
 

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