Confirmation Candles Indicator For ThinkorSwim

The 3 min and 15 min in sync this morning.
OQxvDR6.png
Chris, I don't understand your mean sync here. thanks
 
Hi @krahsloop!
I just updated the code on pg.1 of the thread to include sound alerts for you. I'm really glad you have found my work useful. :)

They work perfectly and already helped me stay on the right side of the market today, thank you so much Chris! As an aside, have you considered giving the upper study chart labels Yes/No inputs, whether on a global or individual basis? I comment out the ones I don't want to see so not a problem/request, just thinking from a user-friendly perspective.
 
Hey Christopher84, Wow! I have been reading the posts and see that you have MAD SKILLS! Can you please tell me which post had the hour plus video? I started to watch it, then my computer crashed. Now I cannot find it. Muchly appreciated. Thanks for all your generosity.
 
Wouldn't you have been stopped out on these, or am I reading it wrong?
Hi @lolreconlol,
The 15 minute chart never closed below the stop. The 3 min does close below the stop, however it gives plenty of indication to get back into the trade when it remained green and closed above Ehler’s Distant Coefficient Filter and cleared the go long line (green entry line).
 
@Christopher84 loving the combo of the Ehlers coefficient line and the c3 max line, I had 2 good plays today (chickened out on both of them and sold early but profit is profit). Been trying to spend more time trying to understand the different labels and I was hoping I could get your logic behind some of what i see here

In the image below of spy on the daily chart
1. I see the label still says bearish, how is this calculated ? Its above the EMA and the c3 max line and the Ehlers coefficient so what is the logic used to determine if its bearish or bullish?

2. What does spark up mean here ? I also have seen spark down but just trying to understand the terminology here.
3. I am assuming the %B:94 (the left most label) indicates 94% buys or am I misunderstanding


mxxAEB6.png
 
@Christopher84 in advance God bless you.
Greetings from the land of coffee.

I have three questions.
1) In "TOS" there is no import of libraries?
2) It is possible to know the level of force. I say this because on Thursday, June 02, it moved with good force to different from June 03.
3) How would it affect using "RelativeVolumeStDev" for "Volume".

Thanks for all that you do.
 
Last edited:
Hey Christopher84, Wow! I have been reading the posts and see that you have MAD SKILLS! Can you please tell me which post had the hour plus video? I started to watch it, then my computer crashed. Now I cannot find it. Muchly appreciated. Thanks for all your generosity.
Hi @Lauri!
Thank you for the kind words! The video can be found on pg.1 post #1 on the thread.
 
@Christopher84 loving the combo of the Ehlers coefficient line and the c3 max line, I had 2 good plays today (chickened out on both of them and sold early but profit is profit). Been trying to spend more time trying to understand the different labels and I was hoping I could get your logic behind some of what i see here

In the image below of spy on the daily chart
1. I see the label still says bearish, how is this calculated ? Its above the EMA and the c3 max line and the Ehlers coefficient so what is the logic used to determine if its bearish or bullish?

2. What does spark up mean here ? I also have seen spark down but just trying to understand the terminology here.
3. I am assuming the %B:94 (the left most label) indicates 94% buys or am I misunderstanding


mxxAEB6.png
Hi @alexsmith3546!
1. The bearish or bullish indication is determined by the slope direction of the Keltner channels. If the channels are sloping downward, the indication will remain bearish. This condition will last until price action turns the orientation of the channels upward.

2. Spark Up is when both ema's have an upward slope prior to the 10 ema crossing above the 35 ema. This condition is typically seen right before a breakout or a shift in trend direction. Note that Spark Down is just the opposite.

3. %B is BollingerPercentB which is available as a lower study on ToS.

Hope this helps! Happy trading!
 

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