/ES Futures Trading Strategy on ThinkorSwim

[jerrydinvestor]

Hope everyone had a solid week and has an even better weekend

Hey Bro,
since you introduced the ask slim ribbon indicator. By any chance do you or anyone here have access to ask slim options bias indicator?

Also, are you currently using the indicators that you shared initially or the lasted grid that you shared two or three pages ago? we should pin the latest version of the ES trading strategy at the bottom of the original post.

 

[HombreLobo]

The perfect storm for getting in long

FE < .3 on the 1000t
FE < .4 on the 2000t
WTO buy signals across the board
Beautiful bounce off the 61.8% Fib
Tri breakout

First target was @ 3276 but it got smoked on the way up so held on a little longer and it payed off.

@blakecmathis On your 2000t chart how did you get the prices to show up on the lines of the fib lines?

Edit: Also, I used the indicator that you talked about for DPL earlier in the thread, but the plot is just a horizontal line for me, not a triangle. Would you mind sending me both that fib and your DPL studies?

 

[Shrum]

Use that indicator for locating DPL's (Defended Price Levels). Here are a couple articles. These are price points that will persist as support/resistance for days, weeks, and even months.

https://store.traders.com/stcov322evsu.html
https://www.tradingview.com/script/HT2zozvk-Indicator-Relative-Volume-Indicator-Freedom-Of-Movement/

Is this something that we have? I have not seen it listed here.

Thanks

 

[RickK]

@blakecmathis On your 2000t chart how did you get the prices to show up on the lines of the fib lines?

Edit: Also, I used the indicator that you talked about for DPL earlier in the thread, but the plot is just a horizontal line for me, not a triangle. Would you mind sending me both that fib and your DPL studies?

@blakecmathis , not sure if this is what you're after, but the built in fib drawing tool (%) in TOS displays the dollar levels and the colors can be configured.

 

[RickK]

Perhaps my charts will help
https://tos.mx/yKgELIi

OMG @J007RMC , I imported your workspace and it totally wiped out my timeframe settings. Very curious....and wasn't really a big deal recreating them but,..... everyone, be forewarned. At this moment I don't know if there were any other things that were altered. Maybe it was due to the charts (and all of the indicators) being VERY resource consuming.

 

[BenTen]

@RickKennedy You just imported his entire workspace, that’s why. Always have your own workspace saved first so you can always go back.

 

[RickK]

@RickKennedy You just imported his entire workspace, that’s why. Always have your own workspace saved first so you can always go back.

Thanks @BenTen .... live and learn. Oh..... cool. I just reverted back to an older workspace and got those settings back.. Thanks again!

 

[blakecmathis]

Sorry dudes been crazy busy lately!!! @Shrum Right here my man https://usethinkscript.com/threads/coding-help-fom-relvolstddev.1440/#post-13909

 

[blakecmathis]

@HombreLobo This is my current setup https://tos.mx/3tzjFBv

However, I'm constantly trying new things so if I post some screenshots with some new studies/indicators I wouldn't pay any attention to it man. If it improves the setup and consistency then I will post some kind of analysis along with it. The fib is already built in to TOS. I just modified the colors and levels.

 

[blakecmathis]

Quick side note, I have started using Fibonacci levels as a stop loss and have seen an 11% increase in profits.

 

[J007RMC]

Ive just recently adopted a harmonics indicator it makes it so much easier for me to see the triangle formations. Triangles are noticeable at the end of the Bat and Butterfly formations Ill post a pic

 

[Shrum]

Ive just recently adopted a harmonics indicator it makes it so much easier for me to see the triangle formations. Triangles are noticeable at the end of the Bat and Butterfly formations Ill post a pic

https://imgur.com/0WJb7YO

Where you get it?

 

[J007RMC]

https://funwiththinkscript.com/ I paired my with the Basic Market Structure

 

[diego]

@J007RMC Thank you for your God like wisdom and sharing with us. Would be possible to ask of you to share your Tos work space of the chart above. Thank you!

 

[J007RMC]

Well I am using proprietary software and cannot share sorry

 

[Traveler7]

I took some off the top and bought the TOS Harmonics indicator from Robert Payne and am likening it very much. https://funwiththinkscript.com/ I paired my with the Basic Market Structure Indicator I wait for the harmonics setup to give me a confirmation

Is this indicator $795 or is this in another currency because it doesn't say?

 

[YungTraderFromMontana]

Is this indicator $795 or is this in another currency because it doesn't say?

It's 795 us

 

[J007RMC]

YES, Harmonic Pattern Collection Lite and Robert is quick to respond to email. promo use code usethinkscript I believe US currency

 

[HombreLobo]

Quick side note, I have started using Fibonacci levels as a stop loss and have seen an 11% increase in profits.

@blakecmathis Where do you plot the fib levels? Or do you use an automatic plotting fib indicator?

 

[blakecmathis]

@HombreLobo On my 1D 2000t chart it is the auto fib. On the 1000t, I draw them on the most recent swings. That could be 15min, 1hr, 2hr, etc. It could be a 5 point swing or a 10 point swing just depends on price action..