Confirmation Candles Indicator For ThinkorSwim

[HODL-Lay-HE-hoo!]

I just used the last two that Hod put in and I am experiencing a lot of lag and chart freezes. My PC is extremely fast as well. Hopefully it will work out.

That is definitely not uncommon. My laptop is high spec so I do not experience lagging but at times takes a second to get the studies loaded when I switch timeframes.

• if you have an NVDA 3080 or any high end GPU you need to change a setting in tos to prevent potential lag issues.
• change the memory settings before you put in your username and password in that window you will see the settings for min and max memory
• if your using my shared charts for active trader - remove the "gex" lower study and only add it when you need it and only use it on a daily chart with a 9 month period
• I noticed the loading time on my end become a slight issue when i added Bull_Bear_V5 to the C3_Max_Spark combined study I will separate them and share a new link so you can try to add the Bull_Bear_V5 separately to see if this helps just a side note: my recently shared hourly chart has the bull bear settings at 1hr/2hr (as opposed to the 5/10min default)

I will periodically go through and delete all user studys, setups, styles, and study sets that I do not use... if you want to keep some that you do not use just create a share link or copy the code and save it on your pc to use later if needed.

hope this helps.

 

[HODL-Lay-HE-hoo!]

Oops, front ran ya . All seriousness, thank you to Christopher for starting this thread and also Hodl for coming up with his own customized variants. I have been making it a habit to visit this thread daily, so much good info and eternally grateful for everyone involved. Hodl, one quick question if I may? I put two hourly and two three minute charts of your latest shares in here in one grid and they seem to be lagging badly (hourly candles aren't even really moving). It's not my memory usage and this is the only grid I have open. I've never experienced a lag like this with ToS. Have you experienced this at all?

wait what the JBS....84?! how dare you sir.

 

[HODL-Lay-HE-hoo!]

https://imgur.com/29DuphC

https://imgur.com/zfD7R6I

Beautiful entry… one of my preferred setups for entry at the moment…

- hourly showed a previous demand line inside the demand zone (indicates a significant level expect a bounce)

- 3min chart dump at open followed by exhaustion and spark up (lately I like to enter when exhaustion is follow by a spark up arrow or two) - TS_V9 cyan arrow appears to be promising as well especially when it aligns with a higher timeframe

- also when the price action is heavy and dumps above or below a zone with a long wick or two - the wick can make for a great entry if you like to be in and out of an option quick

https://imgur.com/D0ysOl6

 

[Christopher84]

I did have Hama strategy running on the same chart.

Hi @METAL,
I have noticed that having multiple strategies loaded into the study set can trip up ToS from time to time. This could be responsible for what you are experiencing. Try removing Hama from your study set and running TS_v9 on its own and see if the issue persist.

 

[METAL]

Hi @METAL,
I have noticed that having multiple strategies loaded into the study set can trip up ToS from time to time. This could be responsible for what you are experiencing. Try removing Hama from your study set and running TS_v9 on its own and see if the issue persist.

Will do. I ran TS today with C4Max on a 1 min and TS repainted several times. I will try it by itself and let you know.

 

[HODL-Lay-HE-hoo!]

Will do. I ran TS today with C4Max on a 1 min and TS repainted several times. I will try it by itself and let you know.

Just to be clear are you referring to an arrow from previous bars repainting or as a bar is forming the arrow on the current bar comes and goes?

 

[HODL-Lay-HE-hoo!]

@HODL-Lay-HE-hoo! Do you have watchlist of stocks or do you scan for long/short entry signals ?

Hey I do not as I usually trade on mobile. I generally trade TSLA SPY AAPL things of that nature but the thread “daily watchlist” (search it) uses the scan for the “Blast off next day” indicator. I’ll have to find where they share the watchlist I know it’s a @BenTen watchlist for trading options.
Anyway I have the watchlist column for blast off which works on mobile but I tend to stick to TSLA and SPY. I also use the “Relative Volume %” watchlist column that I watch premarket and sort the watchlist by that column.

These are good resources also:

https://www.barchart.com/options/unusual-activity/stocks

https://www.optionseducation.org/toolsoptionquotes/today-s-most-active-options

 

[oldyoungguy]

I also use the “Relative Volume %” watchlist column that I watch premarket and sort the watchlist by that column.

I am searching "Relative Volume" indicator/scanner and trying to get one. If possible, do you mind sharing yours?

 

[HODL-Lay-HE-hoo!]

I am searching "Relative Volume" indicator/scanner and trying to get one. If possible, do you mind sharing yours?

I only use the watchlist column. I’ll share it when I get around my computer.

 

[HODL-Lay-HE-hoo!]

I only use the watchlist column. I’ll share it when I get around my computer.

Relative Volume % Watchlist Column: http://tos.mx/JVcHNEU


Blast Off Next Day Watchlist Column: http://tos.mx/nevRwWP

 

[HODL-Lay-HE-hoo!]

Messing with some grids... one of which with a call and put chart. Lately I have been entertaining the idea of trading the at or near the money call and put for SPY/TSLA without watching the actual chart for SPY/TSLA.

At the moment it seems a little busy with the labels but the labels on the option charts seem like they would be useful however I have not been able to watch during market hours here lately.

(also have not dialed in the TS_V9 study much however it seems to perform very well with after hours off)
An important note to whom it may concern: Notice the "Buy:" "Sell:" (volume) labels are the same on any timeframe thus the need for the 1 Bar Volume / 30 Bar Volume (aka 1 candle / 30 candles)

http://tos.mx/WsYwUCu

http://tos.mx/EP5YQVJ

 

[HODL-Lay-HE-hoo!]

@Christopher84 everyone wants to know… when will Bull_Bear_V5 make its page 1 debut?

The people have spoken.

If this post get 1000 likes… divided by 1000.

 

[rjd007]

I think somewhere I read about how to scan when price breaks the red/green cloud, but I can't seem to find it in this small thread. Would anyone mind reposting the scan or pointing me to the thread page that it is on?

TIA

 

[HODL-Lay-HE-hoo!]

I think somewhere I read about how to scan when price breaks the red/green cloud, but I can't seem to find it in this small thread. Would anyone mind reposting the scan or pointing me to the thread page that it is on?

TIA

I may have one I’ll check. It will likely be more beneficial to use the TS_V9 scan but I’ll see if I can find it.

 

[METAL]

I may have one I’ll check. It will likely be more beneficial to use the TS_V9 scan but I’ll see if I can find it.

I noticed in your latest grid shares, that your TS_V9 does not have the multiplier option in settings. I assume you removed that option. So, is this version for "regular" stocks only?

 

[METAL]

Hi @METAL,
I have noticed that having multiple strategies loaded into the study set can trip up ToS from time to time. This could be responsible for what you are experiencing. Try removing Hama from your study set and running TS_v9 on its own and see if the issue persist.

Hey Chris, I found out it was coming and going on the same candle. My mistake. Once the candle finishes, it does not repaint. Also, I just figured out that I am supposed to tweak the settings on your strategies in order to get the best possible profit for that stock and even that day. With that said, Do you have a basic set of rules for your strategies that you use to help speed up the figuring out process? For instance: Using you Scalper V3, How do you typically set up the Lengths and the price for AAPL versus ES. Also, Do you focus on the Winners% as a main guide?

 

[HODL-Lay-HE-hoo!]

I noticed in your latest grid shares, that your TS_V9 does not have the multiplier option in settings. I assume you removed that option. So, is this version for "regular" stocks only?

Yeah I must have removed it… really just because I use the lines from C3_Max_Spark.

 

[HODL-Lay-HE-hoo!]

Been watching gridslybears… a grid. Thought it would be too busy for me, but it is surprisingly helpful.

In the screenshots you will see support begin to form as well as various levels of confirmation (not necessarily the number - I personally do not use the consensus/confirmation number label)

Notice some timeframes show the yellow and light green lines where you are able to see significant levels. When price starts to turn down on the 2min you can see it is still using that level as support on the 10min it bounces and eventually breaks below.

Recently started using at the "BAND%" Label (Bollinger bands) it seems like a useful indication.

Between the labels and coloring of candles, supply demand zones, etc. it makes for better entries by looking for agreement between multiple timeframes. (forgot to add the C3 line that is why it is only in the last screenshot ((might be out of order))

https://tos.mx/isJ2q1U

 

[mailbagman2000]

Hi @SuperContra,
Sorry to hear that you are having some difficulties. Here is a link to my chart setup https://tos.mx/TcBb4jI. It Is working properly for me. It may be that you need more than 2 Days on the chart history for it to work properly. Please let me know if this doesn't correct the issue.

thanks for sharing excepting the Floating P/L does not work

 

[HODL-Lay-HE-hoo!]

Hey good people... messing with them gridsley bears again... This one I was attempting to make a little less busy with easily visible signals... that being said I am not so sure I accomplished that haha. However... It is the C3_Max_Spark C3_MF_Line and Triple_Exhaustion_MTF (four aggregations) have not used it in live market) (I turned off the C3 Max clouds and set all the supply demand lines transparency at 85%)(have not adjusted the TS_V9 or turned off redundant buy sell volume labels yet)

The real reason for this post is the following:

I never actually paid any attention to this until now... Notice the Near Term levels (From the "Confirmation Candles" study) dashed green, gray, & red lines following the price around) the color of the lines represent the price action

• During a temporary pullback the lines are still green
• When the top and bottom lines are the same color the trend is confirmed
• On the higher (10-15min) timeframes the lines turn gray for a bar or so then change color - the gray bar is a good time to expect reversal

Also, I realized that if using a grid (or not) it is worthwhile to change the EMA length for the "Spark" calculation (specifically changes where the arrows plot) "Average 8" "Average 9" I changed them to 8 and 28 (I need to adjust them for each timeframe but in the following screenshots they are all using the same settings) then I changed the "Near_Term_Levels" displace setting ((***in hindsight this was pointless as the real time benifits of these lines painting essentially void - I have since changed them back to default)) which adjusts how soon you see the colors change (dashed lines)

Updated Sharable link https://tos.mx/z5i5HDg
***Changed label settings and TS_V9 settings for each TF most are pretty good so far
***Changed a few of the charts average 8 and 9
***New Screenshot after changes:

You will see multiple grey dashed lines in the following screenshot - indicating choppy price action:

TSV9 and Spark indicating watch for short entry - notice the 10min ATR levels are both red for a safe short entry (also notice the C3 green lines get shorter and shorter between the red lines this is also a good indication of a coming reversal):

Near perfect long entry: