High and Low Reversals Indicator + Intraday Strategy For ThinkOrSwim

[MFitz73]

I think it would be useful to also have this work in an dynamic watchlist column. Maybe have the background color change when the arrow gets painted on the chart.

 

[MFitz73]

Hey guys, Im just tinkering around the code here but if you add the following to the end of the code and then put the entire code into a custom column in a dyn watch list it should work. I put 5 bars in just as Im testing it but maybe you only need within 2 bars if its in your watchlist?
AddLabel(yes, if arrowup or arrowdn within 5 bars then "Check" else "No");

 

[wilmanv]

@Tesh01 Here is the scanner

5min: https://tos.mx/7LPlbl

15min: https://tos.mx/NqObqK

Please , a little more info about what to this scanners? thanks

 

[BenTen]

@wilmanv Take a look at this https://usethinkscript.com/threads/how-to-use-the-tos-scanner.284/

 

[jdotcuhh]

Awesome script!! thank you guys so much.
I was wondering how could i add entry and exits.
Maybe something like entry when alert confirms, and stop loss at a prior high or low on the pivot area

 

[adarty73]

@BenTen there is any way can be put into a watchlist or a scanner The High_and Low Reversals? I tried to copy and take out the Plots but is not working

 

[BenTen]

@adarty73 I can’t say for sure because this indicator also repaint like the trend reversal indicator.

 

[yamiyugi]

Does this indicator works on futures?

 

[BenTen]

@yamiyugi Easiest way to find out is by importing the indicator to your ThinkorSwim.

 

[Buckbull]

Hi new member here , this is a great forum ! But im a little confused if you look at roku on friday 10/11/19 on the 5 min chart the high and low of the day are wrong. The high of the day is the first candle and the low of the day is the 3rd candle. Any thoughts ? Or am i totally not understanding this indicator ? If im reading it right the blue line should show the high candle of the day and the green should show the low candle of the day.

 

[BenTen]

@Buckbull See the logic here. Hope it helps.

@DAGATM This script is for ThinkorSwim.

 

[Trotter2019]

Hi BenTen

I like your post under strategies High Low Reversals is it suppose to play a sound it shows the arrows cool but no sound
also I checked the script it says sounds I think are enabled but I get nothing thanks pretty cool

Trotter

 

[BenTen]

@Trotter2019 You must be looking at the chart (or have it run in the background) to receive sound alerts.

 

[AlexSpatariu]

Has anyone here had the issue where this study doesn't show the arrow to sell / buy and doesn't send notifications? I was having the issue where it didn't show the arrows earlier and now it doesn't send notifications? Any help or tips would be appreciated

 

[BenTen]

@AlexSpatariu If you have pre-market data on it will show both buy and sell signals. If pre-market is turned off it will only show sell signals.

 

[Likos]

The code bellow is interesting and I would like to use this as a after hours scan.

 

[tomsk]

@Likos Please read the title of that study. Mobius had designed that study for an RTH High/Low reversal. For an after hours scan, you'll need to use something else that is designed to perform that. I know he had written quite a few of those

 

[markos]

Does this work on phone?

The only way to know is to load it up and see what happens.

 

[decoder]

Hey guys This indicator is great, is there any way make work for a daily chart, thanks.

 

[BenTen]

@decoder This was designed for intraday trading/chart.