Confirmation Candles Indicator For ThinkorSwim

[GT326]

@Christopher84 Were you able to create BuySignal scan for TS_V9 long entry ?

 

[Christopher84]

@Christopher84 Were you able to create BuySignal scan for TS_V9 long entry ?

Hi GT326,
I can probably do that if I strip the code down. However, the settings would vary depending on the asset and timeframe you were wanting to utilize it on.

 

[GT326]

Hi GT326,
I can probably do that if I strip the code down. However, the settings would vary depending on the asset and timeframe you were wanting to utilize it on.

@Christopher84 I am looking to use this for all S&P500 stocks for long entry at 15 min timeframe. Thanks in advance for your help.

 

[Christopher84]

@Christopher84 I am looking to use this for all S&P500 stocks for long entry at 15 min timeframe. Thanks in advance for your help.

Hi @GT326,
Here is a share link for a scan using TS_v9 https://tos.mx/UCBm3yI. You can setup the alert using this. I typically wouldn't suggest using this strategy so broadly, but I hope you find it useful. Happy trading!

 

[eagle_ai]

Hi @Christopher84 , I don't know if it's possible to merge the two lower indicators in the shared link. I kept trying, but was unable to merge them (the C3 Line would float flat on top...). Thank you in advance. Best regards
https://tos.mx/j1q4VyL

 

[GT326]

Hi @GT326,
Here is a share link for a scan using TS_v9 https://tos.mx/UCBm3yI. You can setup the alert using this. I typically wouldn't suggest using this strategy so broadly, but I hope you find it useful. Happy trading!

@Christopher84 Really appreciated !! Is it possible to modify this where it scans when Cyan (BuySig) arrow appears instead of price crossing above trailing stop ?

 

[HODL-Lay-HE-hoo!]

Here are some screen shots of the end all be all of TOS mobile chart setups using Max Spark EMAD and Horserider (sharelink and mobile setup posted a few pages ago in the comments) as well as some general notes on what gets me in and out of a trade.

https://imgur.com/CBxSqUe

https://imgur.com/X1yt2fJ

https://imgur.com/ucXyRCk

https://imgur.com/PuE6YH6

 

[HODL-Lay-HE-hoo!]

Hey @Christopher84 an observation…

The following are 1 and 3min charts.

When price is trending down the on the upper and the lower line of the EMAD lower indicator is stepping up - this seems to be a dead give away that a (somewhat) significant (possibly trend changing) bounce is incoming. (Vis versa)

As noted in the image(s) below… the price is wrapping down then the bounce occurs and the zone goes horizontal however at times it is difficult to wait on a zone to confirm that it is horizontal also the EMAD is below zero etc. - my point being to some this could be used as indication to remain Short… (of course there are other indications signaling a reversal is incoming but yeah)

Could (or should) this condition be identified using a label?

Price trending down and EMAD Lower line increasing (or increased) within the last X bars = Label “Bounce Incoming!” (And the opposite of course)

https://imgur.com/8ZKPnbA

https://imgur.com/pcuRVLk

https://imgur.com/olLtKcN

 

[Christopher84]

@Christopher84 Really appreciated !! Is it possible to modify this where it scans when Cyan (BuySig) arrow appears instead of price crossing above trailing stop ?

Hi @GT326,
The cyan buy signal arrow appears when price crosses above the trailing stop.

 

[GT326]

Hi @GT326,
The cyan buy signal arrow appears when price crosses above the trailing stop.

Hi @Christopher84 Looks like the query does not show all stocks with cyan buy signal. For example, for today 15 min scan (extended hours disabled), on S&P500, it should show QCOM and GE but they are not showing up by this scan even though non the chart, I can see cyan arrow for last 15 min before day's close. Can you please check ?

 

[Christopher84]

Hi @Christopher84 Looks like the query does not show all stocks with cyan buy signal. For example, for today 15 min scan (extended hours disabled), on S&P500, it should show QCOM and GE but they are not showing up by this scan even though non the chart, I can see cyan arrow for last 15 min before day's close. Can you please check ?

Hi @GT326,
What settings are you using for TS_v9? The scan is probably utilizing different settings.

 

[GT326]

Hi @GT326,
What settings are you using for TS_v9? The scan is probably utilizing different settings.

@Christopher84 I am using following setting for TS_v9
ATRPeriod = 10
ATRFactor = 1.8

By the way, how can I access scan code to change settings ?

 

[RoninTrader]

The TS_v9 Strategy continues to perform well on the 1 hour chart. Strong levels being called out. Volatility continues to ramp up.

Hi Chris, Thank you so much for your continuous giving to this community. In regards t the Ts lines with profit targets, I use TOS for charts but I don't buy positions within the software. is there a way to rest those lines to 0 or enter the position I have taken with my other broker in there to simulate my profit target? currently, in my charts, they obstruct the view of the fines lines and arrows
please let me know and thank you again

 

[RoninTrader]

Looks like a bearish trend continuation. Month chart very handy for determining the overall trend and most profitable positions.

if you don't mind me asking, which version of the C3 max this is? Thank you

 

[METAL]

@Christopher84 Do you mind explaing what the - sign is depicting in your labels? For example: Decreasing -3 or Decreasing 3. What is the difference as it seems to act the same on the candles. Same for Consensus, Increasing,. Thanks in advance.

 

[Christopher84]

Hi Chris, Thank you so much for your continuous giving to this community. In regards t the Ts lines with profit targets, I use TOS for charts but I don't buy positions within the software. is there a way to rest those lines to 0 or enter the position I have taken with my other broker in there to simulate my profit target? currently, in my charts, they obstruct the view of the fines lines and arrows
please let me know and thank you again

Hi @RoninTrader,
Unfortunately there isn't a way to do that given how the lines are calculated. The lines are based on applying fib coefficients to the strategies historical profitability/performance.

 

[Christopher84]

if you don't mind me asking, which version of the C3 max this is? Thank you

Hi @RoninTrader,
The lower chart is using C3_Max_v2 on the month chart.

 

[Christopher84]

@Christopher84 Do you mind explaing what the - sign is depicting in your labels? For example: Decreasing -3 or Decreasing 3. What is the difference as it seems to act the same on the candles. Same for Consensus, Increasing,. Thanks in advance.

Hi @METAL,
When the label says increasing or decreasing, it is referring to the slope of the Consensus Line. The number is the current Consensus Line reading/value. I hope that helps!

 

[METAL]

Hi @METAL,
When the label says increasing or decreasing, it is referring to the slope of the Consensus Line. The number is the current Consensus Line reading/value. I hope that helps!

Kinda, but what does the negative or - mean in comparison to when it isn't showing up? I see:
"Increasing 7" & "Increasing -7".

 

[Christopher84]

Kinda, but what does the negative or - mean in comparison to when it isn't showing up? I see:
"Increasing 7" & "Increasing -7".

Hi @METAL,
It is the consensus between all of the studies in C3. If 5 studies are bullish and 10 studies are bearish, the Consensus Level would be -5. You may want to look at the Consensus Lower study on pg.1 (the label was built from it).I hope this helps.