@muztem This is for regular trading hours only, I believe.
I have not activated the extended schedule .... I am testing the strategy in OnDemand, ... I don't know if that will be the reason, but I am surprised that only PUT signals appear.@jcga1981 Make sure you have extended market hours enabled.
According to what I remember Mobius mentioning, the scanner works every three minutes.....@BenTen I am not TOS expert, but based on what I used, if you do not set offset in the study scan, then the alert could be within 5 minutes depending on when the TD TOS alert schedule runs.
Since many times stocks retest, we can wait for retest to enter near the stop loss line.
I think it makes sense to also refer to pivot points and boll band so that we do enter and then hit support and resistance immediately.
Again, I feel like 9:40 11:00 am and then 2:00-3:30 pm offer the best directional movements for trading using such indicator to work nicely. In the middle consolidation period, the margin of error is so small which makes trading using the indicator very hard esp. for names with wide spreads which need to be avoided I think.
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