Confirmation Candles Indicator For ThinkorSwim

[Madhu]

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

Can you please share EMAD and volume indicator showing in the picture?

 

[B-Ride]

@Christopher84 Hello, there I've been reviewing many of your scripts, very brilliant work. On your MTF upper cloud script, what code would be needed to plot arrows on timeframe crossovers? For instance when the 3M 10 EMA crosses down below the 10M 10 EMA a red down arrow would be plotted above the candle the cross occurred on. Vice-Versa for a bullish cross.

 

[HODL-Lay-HE-hoo!]

Can you please share EMAD and volume indicator showing in the picture?

The EMAD in Is on page 1 near the bottom - if you load it on mobile you will need to adjust the color settings… for some reason the colors are different when added to the mobile chart… Search “Horserider volume” if you add to mobile change the sell volume from the histogram bars to a solid line for some reason in mobile they’re all green if left alone…. I would post a share link but not around my computer… will do when I get a chance though.

 

[Christopher84]

Hi Everyone!
I'm still making good use of the Bull_Bear_Candles in tandem with TS_v9 strategy on the 5 min charts. This setup has continued to show a great deal of strength in its performance https://tos.mx/HDOxlxB. I hope you all have a safe and enjoyable Thanksgiving!

 

[B-Ride]

@Christopher84 I noticed your Bull Bear Candles v5 the Timeframe is Day and not 5M, I'm sure that is by design. Can you clarify why it's on day and not the 5M?Have a great holiday!

 

[HODL-Lay-HE-hoo!]

Hi Everyone!
I'm still making good use of the Bull_Bear_Candles in tandem with TS_v9 strategy on the 5 min charts. This setup has continued to show a great deal of strength in its performance https://tos.mx/HDOxlxB. I hope you all have a safe and enjoyable Thanksgiving!

Nice! Loaded this setup on my computer it looked really good… really like the Bull Bear indicator… only one problem… I’m forced to use mobile 99% of the time to trade these days so I plan to change the painting strategy to arrows… which I believe is possible.

 

[HODL-Lay-HE-hoo!]

@Christopher84 I noticed your Bull Bear Candles v5 the Timeframe is Day and not 5M, I'm sure that is by design. Can you clarify why it's on day and not the 5M?Have a great holiday!

The bull bear indicator is set to 5 & 10 min timeframe with the highest aggregation set to day

 

[Christopher84]

@Christopher84 I noticed your Bull Bear Candles v5 the Timeframe is Day and not 5M, I'm sure that is by design. Can you clarify why it's on day and not the 5M?Have a great holiday!

Hi @B-Ride,
The Day timeframe setting is for the volume only. The settings for the averages are 5 min and 10 min. I like the day timeframe for the volume aspect of this indicator due to it giving a more consistent read on the price action (bullish or bearish conditions). I hope this helps!

 

[3AMBH]

@Christopher84 Do you know if any traders are using the TS_v9 strategy while trading SPY? Thanks.

 

[ssmike123]

Hi Everyone!
I'm still making good use of the Bull_Bear_Candles in tandem with TS_v9 strategy on the 5 min charts. This setup has continued to show a great deal of strength in its performance https://tos.mx/HDOxlxB. I hope you all have a safe and enjoyable Thanksgiving!

@Christopher84 is there a section that describes how we should use & interpret the different aspects of Chart?

 

[Christopher84]

@Christopher84 is there a section that describes how we should use & interpret the different aspects of Chart?

Hi @ssmike123,
You can find a breakdown for the various aspects of TS_v9 on pg.1 of the thread. It will probably answer most of your questions. Happy trading!

 

[METAL]

@Christopher84 , How do you weed out situations like shown on chart. This is 10/26/2022 Netflix on the 5min using bull/bear in tandem with Ts_V9. The first green arrow is reversal mod. The Blue arrows are Ts_V9 up/down.

 

[Christopher84]

@Christopher84 , How do you weed out situations like shown on chart. This is 10/26/2022 Netflix on the 5min using bull/bear in tandem with Ts_V9. The first green arrow is reversal mod. The Blue arrows are Ts_V9 up/down.

Hi @METAL,
The settings I use are geared for the /es. It looks like the TS_v9 settings could be tweaked a bit for better performance on Netflix. Are you using the hour chart like I do with the /es? That definitely helps weed out the head fakes on the lower timeframes. Lastly, did you notice that the candles never closed below the go short line? The C3_MF_Line also remained green and underneath the price action (same for the averages). Definitely no reason to take a short position on this chart. Try to modify the settings to get better performance. The labels in the original script can help you zero in on where that should be. Hope this helps!

 

[METAL]

Hi @METAL,
The settings I use are geared for the /es. It looks like the TS_v9 settings could be tweaked a bit for better performance on Netflix. Are you using the hour chart like I do with the /es? That definitely helps weed out the head fakes on the lower timeframes. Lastly, did you notice that the candles never closed below the go short line? The C3_MF_Line also remained green and underneath the price action (same for the averages). Definitely no reason to take a short position on this chart. Try to modify the settings to get better performance. The labels in the original script can help you zero in on where that should be. Hope this helps!

You are correct. I forgot to change the multiplier to 1 for stocks. I typically use a 15 min chart as my higher timeframe. I will need to test the 1 hour timeframe and see how it works for scalping. Seems like it may be a little too far out but I am not sure.
Do you wait until the candle closes above or below the go long/go short lines? or do you get in as soon as they cross? I will go and re-read the original post. Also, For the Bull_Bear_Candles, Should I change the agperiod to 3min if I am using it on a 3 min chart? I have know set the TS to match the 3min timeframe settings per your post on pg1.
Thanks for all you do to help. You are truly a good and patient individual.

 

[3AMBH]

You are correct. I forgot to change the multiplier to 1 for stocks. I typically use a 15 min chart as my higher timeframe. I will need to test the 1 hour timeframe and see how it works for scalping. Seems like it may be a little too far out but I am not sure.
Do you wait until the candle closes above or below the go long/go short lines? or do you get in as soon as they cross? I will go and re-read the original post. Also, For the Bull_Bear_Candles, Should I change the agperiod to 3min if I am using it on a 3 min chart? I have know set the TS to match the 3min timeframe settings per your post on pg1.
Thanks for all you do to help. You are truly a good and patient individual.

Metal, how do you set TS timeframe?

 

[METAL]

Metal, how do you set TS timeframe?

Timeframe is set by chart but in the TS settings, scroll down to "mult" and Chris has it set to 50. (This is to be used with ES mini). Change this setting from 50 to 1 if you are going to use TS for stocks such as AAPL.
Hope this helps.

 

[3AMBH]

Timeframe is set by chart but in the TS settings, scroll down to "mult" and Chris has it set to 50. (This is to be used with ES mini). Change this setting from 50 to 1 if you are going to use TS for stocks such as AAPL.
Hope this helps.

Okay. Thanks. Hope it works out for ya. I trade SPY Only.

 

[jekkuzi]

Hi Everyone!
I'm still making good use of the Bull_Bear_Candles in tandem with TS_v9 strategy on the 5 min charts. This setup has continued to show a great deal of strength in its performance https://tos.mx/HDOxlxB. I hope you all have a safe and enjoyable Thanksgiving!

Not sure why, but when I add the Bull Bear Candles to another chart it doesn't load. Am I doing something wrong?

 

[Christopher84]

Nice syncing up of the strategies today between the 1 hour and 5 min charts for the short trade. Hope everyone's week is off to a good start!

 

[lolreconlol]

Nice syncing up of the strategies today between the 1 hour and 5 min charts for the short trade. Hope everyone's week is off to a good start!

Nice! Have you shared that grid before? If not, could you? Thanks as always @Christopher84 !