Confirmation Candles Indicator For ThinkorSwim

[Bob007]

I tried your latest version from post #2433 and It kept giving me an error report from TOS. Said to restart or continue. If I hit continue, it just kept repeating the error message. I had to remove the study to get this to stop.

 

[Gellidus]

Nice, can this work for Swing trading? Can I change the timeframe to 1 day instead of mins?

 

[HODL-Lay-HE-hoo!]

Last thing what are the spark 2, spark 3... for? thanks much

Spark 2 and 3 represent “higher timeframes” emas turning over (though they are not coded using a higher aggregation just a longer length representing the 10 and 35 length of higher timeframe charts while viewing a lower timeframe - the lengths adjust as you change to your preferred TF chart)

That being said I personally do not use them at the moment.

 

[HODL-Lay-HE-hoo!]

Too bad you can't really backtest this due to the repainting..

Maaan you gunna make me loose my testimony @lolreconlol … joking… Load the chart style in my thread Confirmation Trend Chart Setup the TS study included is the most recent.
https://usethinkscript.com/threads/...chart-setup-for-thinkorswim.15257/post-124229

So basically on the previous versions the signals are filtered based on two higher aggregations previous signals - but the higher ag signals would still plot. So I added a setting to show the higher agg signals or not called “filter” (need to rename it haha) - the signals with filter “off” are still filtered but will not show the higher ag signals and should not repaint - though it may be possible I have yet to see it repaint.

So if either higher ag signal is up and the current ag signal is up it will plot the current ag signal and when the bar that signal is on closes it cannot repaint even if the higher ag signal disappears… this is why I added the option to remove the higher ag signals.

Hopefully that makes sense though there will be an explanation with screenshots on the new thread.

 

[HODL-Lay-HE-hoo!]

I tried your latest version from post #2433 and It kept giving me an error report from TOS. Said to restart or continue. If I hit continue, it just kept repeating the error message. I had to remove the study to get this to stop.

Go to the new thread: “Confirmation trend chart style” use that

https://usethinkscript.com/threads/...chart-setup-for-thinkorswim.15257/post-124229

 

[HODL-Lay-HE-hoo!]

Nice, can this work for Swing trading? Can I change the timeframe to 1 day instead of mins?

Yes sir i would suggest the most recent version

https://usethinkscript.com/threads/...chart-setup-for-thinkorswim.15257/post-124229

 

[merc2226]

I am using TS big 4, I like the signal up and signal down(white candles) is there a way to have an alert sent to phone when they come up?
What are the parameters that causes them to appear?
The other candles don’t come up when using mobile I have noticed.

 

[HODL-Lay-HE-hoo!]

I am using TS big 4, I like the signal up and signal down(white candles) is there a way to have an alert sent to phone when they come up?
What are the parameters that causes them to appear?
The other candles don’t come up when using mobile I have noticed.

TOS mobile does not support painted candles. I will add an alert and update it on my thread (gunna be a little cause I’m working nights at the moment 12hr days)

https://usethinkscript.com/threads/...chart-setup-for-thinkorswim.15257/post-124229

 

[Bob007]

Hod, Is there a watchlist for the latest Ts-9? OR A SCAN?

 

[TraderJane]

@HODL-Lay-HE-hoo! , Do you have a scan for this? I guess it would need to be the blue arrows.

 

[merc2226]

Take your time, appreciate all you guys do. Thank you

 

[Jack_b]

If you had used this today on spy, it wouldn't have shown you the right indicator. You will see the red exhaustion indicators and the trend remains bullish. I'm abandoning ship

 

[lolreconlol]

@HODL-Lay-HE-hoo! today on SPY on the 5 minute chart at 3:10 PM EST, a cyan candle appeared as the 3:10 PM candle closed. A few minutes later, the cyan down arrow disappeared and changed to an orange candle, and then the market went back up. I thought this didn't repaint once the candle closed?

 

[twall]

http://tos.mx/clppbHd

So... an update... I have made some changes concerning the labels as to avoid any unnecessary confusion. Previously there were two labels very similar one from "the big 4" study label: "bullish" and the other from Bull Bear V5 label: "Very bullish" so I combined the studies and changed to a single label that will show one of the following:

"Bullish"
"Very Bullish"
"CALLS ONLY!

"Bearish"
"Very Bearish"
"PUTS ONLY!

The only other labels the may not be self explanatory are the following:

"MAMA" - The color of this label represents price action - faster reaction than the label mentioned above (if you look at the C3_MF_Line ((the line through the candles that changes green to red)) that if the MAMA label as a line on the chart) (@Christopher84 correct me if Im wrong)

Also changed the "BULL LTB" / "BEAR LTS" to BULL Look to buy / BEAR Look to sell
As for the screenshot to those who may be wondering... yes it works on the daily.

Where is the updated script or link? I don't see it on page 1

 

[lilbabywhale]

If you had used this today on spy, it wouldn't have shown you the right indicator. You will see the red exhaustion indicators and the trend remains bullish. I'm abandoning ship

They said if the candles are warped in the supply zone then it's strongly bullish.

 

[METAL]

@METAL - Since I saw you entertaining the API - Auto trade I added a label to that shows what the most recent signal is ie buy or sell: (no I do not auto trade and for anyone that does not this style is nothing new.)

https://tos.mx/dT3KZDS

Thank a bunch. I noticed that the TS is repainting now. I am watching SPY ATM and it is showing the cyan arrow two candle back and it has come and gone and then stayed gone. It was happening 2 candles behind. FYI

 

[HODL-Lay-HE-hoo!]

Where is the updated script or link? I don't see it on page 1

All future updates (from myself) will be posted in the following thread… link is in the second post. The thread is a work in progress, still need to complete screenshot explanations and whatnot. https://usethinkscript.com/threads/...-all-be-all-for-thinkorswim.15257/post-124229

 

[quantum]

Is it only the last candle that repaints or do previous candles repaint as well?
@HODL-Lay-HE-hoo!

 

[HODL-Lay-HE-hoo!]

Thank a bunch. I noticed that the TS is repainting now. I am watching SPY ATM and it is showing the cyan arrow two candle back and it has come and gone and then stayed gone. It was happening 2 candles behind. FYI

No problem. Thanks for letting me know. Do you have “show higher ag” setting on or off?
Which timeframe were you watching?

 

[Manny's#3734]

Here is the updated TS_V9 watchlist column (without filter as it is not possible in the watchlist column) I added "Last buy/sell" to show the most recent signal and the dark green and dark red "TS " are bars where the signal currently exists...

http://tos.mx/LZbw7Qu

hi HODL-Lay-HE-hool, I loaded the watchlist link but notting displays after hitting ok and also checked personal under watchlist nothing show name Ts_V9 ..... any help?