Confirmation Candles Indicator For ThinkorSwim

[Walshy]

Hi @Christopher84 . I've followed your work here. Impressive. Thank you for sharing. With regard to the /ES strategies, including the newest 'pld_bands', is there a setup that has shown particular promise? For example, in an earlier May post after release of 'TS_strategy', you mentioned you liked it when the 15min and lower timeframe (3min) were in sync. Curious if more recent wisdom has revealed other promising setups? Cheers.

 

[lolreconlol]

Anyone still using C3 Max and willing to share their strategy?

 

[Trader Raider]

Scalper and PLD both gave 3 indications this morning that silver was going to dump. They signaled on different candles but both correctly called a nice short. It amazes me that @Christopher84 generously shares his work for free ... thank you!

https://imgur.com/a/VixSfpV

 

[Christopher84]

Hi @Christopher84 . I've followed your work here. Impressive. Thank you for sharing. With regard to the /ES strategies, including the newest 'pld_bands', is there a setup that has shown particular promise? For example, in an earlier May post after release of 'TS_strategy', you mentioned you liked it when the 15min and lower timeframe (3min) were in sync. Curious if more recent wisdom has revealed other promising setups? Cheers.

Hi @mkwalsh,
I still like to look for agreement between the 3 min and 15 min timeframes for scalping with the PLD_Bands. It helps to keep me on the right side of the trade and avoid choppy unprofitable setups.

 

[Christopher84]

@Christopher84 is there a scanner that looks for red candles in a green channel or green candles in a red channel? I thought I seen it somewhere on the thread but I do not see it anymore. Thank you.

Hi @73maro,
I don't have a scan for that currently. I always used my watchlist columns to see that condition.

 

[locked_in]

@Christopher84 thank you so much for your wonderful indicator. I have been using it for some day trades and have gone 5/5 using the 5 and 15 min time frames for confirmation on entries. I have just one question, what is the percentage in yellow in the image. Thanks for all your work that you are sharing with this community for free. Truly appreciate it!

https://imgur.com/c4YSIAW

 

[Kislayakanan]

@Christopher84 thank you so much for your wonderful indicator. I have been using it for some day trades and have gone 5/5 using the 5 and 15 min time frames for confirmation on entries. I have just one question, what is the percentage in yellow in the image. Thanks for all your work that you are sharing with this community for free. Truly appreciate it!

https://imgur.com/c4YSIAW

Hello, I have few questions. New here:
1. Which version are you using?
2. What is your strategy on entry and exit?

 

[locked_in]

Hello, I have few questions. New here:
1. Which version are you using?
2. What is your strategy on entry and exit?

@Kislayakanan I will be glad to break down what i'm using. Waiting for the FOMC reaction then I'll write it up for you.

 

[Kislayakanan]

@Kislayakanan I will be glad to break down what i'm using. Waiting for the FOMC reaction then I'll write it up for you.

Thank you so much, I have been struggling with my trading. May be this will help me. I will start paper trading with your strategy once you break it down. Again, thank you!

 

[Christopher84]

Thank you so much, I have been struggling with my trading. May be this will help me. I will start paper trading with your strategy once you break it down. Again, thank you!

Hi @Kislayakanan,
I have been enjoying the combo of TS_v9 15min chart and PLD_Bands 3min chart. You might want to check it out. Look for agreement in the strategies between the two timeframes. Happy trading!

 

[sean1970ss]

Chris, Is there one of the strategy's you would use for only SPY? 1-5-15 minute chart style I have basing off the 1st chart on page 1 TY!!

 

[FOTM_8888]

Hi @Kislayakanan,
I have been enjoying the combo of TS_v9 15min chart and PLD_Bands 3min chart. You might want to check it out. Look for agreement in the strategies between the two timeframes. Happy trading!

hi, please can you share the clean chart above? look pretty nice and clean. thanks in advance

 

[lolreconlol]

Hi @Kislayakanan,
I have been enjoying the combo of TS_v9 15min chart and PLD_Bands 3min chart. You might want to check it out. Look for agreement in the strategies between the two timeframes. Happy trading!

Both with extended hours off, correct? Have you had more success with this than c3? Any reason you'd recommend one over the other?

 

[RDJ]

Hi Christopher84, thank you for all the hard work and for sharing with everyone. I really enjoy reviewing and analyzing every post. You have helped so many individuals with their trading. I see most people use a 5, 15, 30 min chart, but working full time I really do not have this luxury to trade this way. I’ve been able to adjust some of the settings with the C#_MAX_v2 for using a 4 hour or Day chart but this is just my attempt to make something work. Probably a crazy question, but do you happen to have any suggestions on either what indicator would work better or any modifications that would work for a 4 hour and or Day Chart? Again, thank you!

 

[Christopher84]

Chris, Is there one of the strategy's you would use for only SPY? 1-5-15 minute chart style I have basing off the 1st chart on page 1 TY!!

Hi @sean1970ss,
The combo of TS_v9 15min chart and PLD_Bands 3min chart with after market hours off seems to work well on SPY. Be sure to change the "mult" setting from 50 to 1 for SPY. Hope this helps!

 

[Christopher84]

hi, please can you share the clean chart above? look pretty nice and clean. thanks in advance

Hi @FOTM_8888!
Here's the chart setup https://tos.mx/7MXOBg6. Happy trading!!!

 

[Christopher84]

Hi Christopher84, thank you for all the hard work and for sharing with everyone. I really enjoy reviewing and analyzing every post. You have helped so many individuals with their trading. I see most people use a 5, 15, 30 min chart, but working full time I really do not have this luxury to trade this way. I’ve been able to adjust some of the settings with the C#_MAX_v2 for using a 4 hour or Day chart but this is just my attempt to make something work. Probably a crazy question, but do you happen to have any suggestions on either what indicator would work better or any modifications that would work for a 4 hour and or Day Chart? Again, thank you!

Hi @RDJ,
I definitely understand where you are coming from. I used to love swing trading 4 hour charts but recent conditions haven't been as favorable for that style. I was looking at TS v9 on TSLA 30 min chart (note "mult" would need to be changed to 1 in the settings). The trades on this timeframe can last several days, which may work for what you are wanting to do (as long as you were getting reliable notifications). Just some food for thought.

 

[sean1970ss]

Hi @sean1970ss,
The combo of TS_v9 15min chart and PLD_Bands 3min chart with after market hours off seems to work well on SPY. Be sure to change the "mult" setting from 50 to 1 for SPY. Hope this helps!

Chris do I apply the PLD bands to the an existing chart for the 3min? I copied it from the 1st page and when applied to a clean script nothing happens. I did use the link for the 15min chart you posted here for @FOTM_8888

 

[RDJ]

Hi @RDJ,
I definitely understand where you are coming from. I used to love swing trading 4 hour charts but recent conditions haven't been as favorable for that style. I was looking at TS v9 on TSLA 30 min chart (note "mult" would need to be changed to 1 in the settings). The trades on this timeframe can last several days, which may work for what you are wanting to do (as long as you were getting reliable notifications). Just some food for thought.

Hi Christopher84, I will see how this lines up with the B4 and a couple of my other indicators. Again, thank you so much for all your time, information, indicators and knowledge. You have put a ton on time into this. I would love to see another YouTube vid some time

 

[FOTM_8888]

Hi @FOTM_8888!
Here's the chart setup https://tos.mx/7MXOBg6. Happy trading!!!

thank you very much! keep up the great job! @Christopher84