Confirmation Candles Indicator For ThinkorSwim

@Terminator

You will need to go to the settings and uncheck any arrows for breakouts you don’t want to see (plus whatever else you don’t want on the chart) as I have not tested them during trading hours. This link has the uppers and lowers.

If you want them separately I am not around my computer at the moment but you can search the indicators I listed above and find them if need be.

http://tos.mx/WNBp8BI
 
@HODL-Lay-HE-hoo!, where can I find the most updated C4_Max_V5 setup?

BTW, thanks for all you hard work on this. You are a GOD Send
Hey no problem... of course the man @Christopher84 did all the hard work. This is the latest version with breakouts (hide the arrows in settings if need be description above)

http://tos.mx/EQNsCEt

This link is all studies on the chart


ZRkGJeN.png
 
Hey no problem... of course the man @Christopher84 did all the hard work. This is the latest version with breakouts (hide the arrows in settings if need be description above)

http://tos.mx/EQNsCEt

This link is all studies on the chart


ZRkGJeN.png
Thanks @HODL-Lay-HE-hoo! and @Christopher84. Both of you are doing great work. I wish I could help in coding this.

Couple of questions:
1. What are demand and supply zones? I am guessing green is demand and red is supply?
2. What does OB, OS and PLD mean/stand for?
3. Where is C3 line in the lower study?
 
Last edited:
Thanks @HODL-Lay-HE-hoo! and @Christopher84. Both of you are doing great work. I wish I could help in coding this.

Couple of questions:
1. What are demand and supply zones? I am guessing green is demand and red is supply?
2. What does OB, OS and PLD mean/stand for?
3. Where is C3 line in the lower study

1. The supply zone is red the demand zone is green (short supply / Buy demand as the saying goes)
2. Overbought(supply zone) Oversold(demand zone) - PLD is on page one… it’s a displaced moving average (you can change the length and displacement in settings to your liking PLD is the grey line)
3. C3 line is in the upper it’s the line that runs through all the candles and changes from red to green based on agreement level between 16 (I think?) different indicators. The white lines on the paragraph referring to the C3 MF Line are point to the line changing from green to red (see the screen shot from the first post on page one of this thread)
 
1. The supply zone is red the demand zone is green (short supply / Buy demand as the saying goes)
2. Overbought(supply zone) Oversold(demand zone) - PLD is on page one… it’s a displaced moving average (you can change the length and displacement in settings to your liking PLD is the grey line)
3. C3 line is in the upper it’s the line that runs through all the candles and changes from red to green based on agreement level between 16 (I think?) different indicators. The white lines on the paragraph referring to the C3 MF Line are point to the line changing from green to red (see the screen shot from the first post on page one of this thread)
@HODL-Lay-HE-hoo! , Thanks for the explanation. I will be testing it out for sometime and will update here.
 
1. The supply zone is red the demand zone is green (short supply / Buy demand as the saying goes)
2. Overbought(supply zone) Oversold(demand zone) - PLD is on page one… it’s a displaced moving average (you can change the length and displacement in settings to your liking PLD is the grey line)
3. C3 line is in the upper it’s the line that runs through all the candles and changes from red to green based on agreement level between 16 (I think?) different indicators. The white lines on the paragraph referring to the C3 MF Line are point to the line changing from green to red (see the screen shot from the first post on page one of this thread

Thank you again for all your help with this. I had a few more questions:

1. What do the white and yellow dots represent?
2. Sometimes the supply zone boxes surround candlesticks during a rising price trend (Like in your screenshot at 6:07 last night). Is that a negative signal when prices are rising?
 
Thank you again for all your help with this. I had a few more questions:

1. What do the white and yellow dots represent?
2. Sometimes the supply zone boxes surround candlesticks during a rising price trend (Like in your screenshot at 6:07 last night). Is that a negative signal when prices are rising?
1. White dots (sorry I change the colors at times (got to settings and change the colors to see which is which) they are Triple Exhaustion RegularSell RegularBuy is what they are labeled in settings.
2. When price is moving up and red zone is wrapping that is beginning of the OB zone and is a very bullish trend and the opposite for wrapping moving down.
 
1. White dots (sorry I change the colors at times (got to settings and change the colors to see which is which) they are Triple Exhaustion RegularSell RegularBuy is what they are labeled in settings.
2. When price is moving up and red zone is wrapping that is beginning of the OB zone and is a very bullish trend and the opposite for wrapping moving down.
Thank you, so the wrapping is different from supply/demand zones , right?
 
Thank you again for all your help with this. I had a few more questions:

1. What do the white and yellow dots represent?
2. Sometimes the supply zone boxes surround candlesticks during a rising price trend (Like in your screenshot at 6:07 last night). Is that a negative signal when prices are rising?
Sorry forgot about the yellow dots. Yellow dots are the “Squeeze” indication they appear during price compression and can be used to predict large moves (though it is not always easy to predict the direction)

Also notice the supply zone has the yellow line inside it… that is a major resistance former OB level… if it is broken super bullish if rejected… bearish. (Screenshot is the 2Hr chart though)

 

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