High and Low Reversals Indicator + Intraday Strategy For ThinkOrSwim

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@jcga1981 Make sure you have extended market hours enabled.

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.
Could you tell me what is the criterion to predict the movement's reversal? I was observing that sometimes it gives a signal that is wrong and immediately recalculates it in search of a new signal ... but I would like to know what is the criteria used to use the indicator only as a confirmation ... Last, at what time frame is it more reliable?
thanks and sorry for so many questions
 
@BenTen can this be used on the daily or adjusted somehow? would be interesting to see if these alerts or strategy can be used on a daily chart
 
Not to sound lazy or you need spoon feed but is there a way to back test this strategy? Does it require manual intervention or is there a custom code to test it which gives the stats?
 
@Chenthy73 Wow, I did not know about the scanner alert. Will definitely going to check it out tonight.
In the alerts, Market watch, you can program an alert....
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@BenTen This looks interesting, have you watched a lot during trading hours, do these arrows and lines re adjust let's say there's a green buy arrow up and the price is in a downtrend and price continues lower what happens to that line and arrow does it relocate at a new lower buy area, any feedback thanks.
 
Hi! I first want to say I'm glad to have found this forum :)
Second I want to confirm as it doesn't mention in the instructions - this is also for going long right? And therefore I would follow:

This indicator look for potential reversal after a stock just hit low of the day. It will tell you when to buy long via an up arrow. The purple line indicates where to cut your losses.

Thanks!
 
Another addition to my 10m chart, thanks Ben! Reconfirms super trend bubbles.

@Ben is the concept in its essence same? I mean rth and trend reversal share same approach? one has arrows and the other got bubbles and price appearance..or is there more to it that makes them each unique
 
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Ben's Swing Trading Strategy + Indicator

I wouldn't call this a course. My goal is zero fluff. I will jump right into my current watchlist, tell you the ThinkorSwim indicator that I'm using, and past trade setups to help you understand my swing trading strategy.

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