• Get $40 off VIP by signing up for a free account! Sign Up

Repaints MTF EBMATRIX Buy and Sell Signals Indicator for ThinkorSwim



Staff member
EvanBStock: TOS has had issues lately with loading all the boxes so I made a study which alerts me instantly when the criteria is met, like if we are not inside and have TFC with a Signal. 1-2, 2-2-2 reversals, shooter and down, hammer and up, 3-2 etc. Reversal signals and everything. I also customized Mobius Fractal Pivot to automatically draw the tris.


thinkScript Code

Rich (BB code):
def nan = Double.NaN;

# def iData aggregations
def h = high;
def L = low;
def oD = open(period = AggregationPeriod.DAY);
def hD = high(period = AggregationPeriod.DAY);
def lD = low(period = AggregationPeriod.DAY);
def cD = close(period = AggregationPeriod.DAY);
def oW = open(period = AggregationPeriod.WEEK);
def hW = high(period = AggregationPeriod.WEEK);
def lW = low (period = AggregationPeriod.WEEK);
def cW = close (period = AggregationPeriod.WEEK);
def h3 = high(period = AggregationPeriod.MONTH);
def o3 = open(period = AggregationPeriod.MONTH);
def l3 = low (period = AggregationPeriod.MONTH);
def c3 = close (period = AggregationPeriod.MONTH);
def h30 = high(period = AggregationPeriod.FIFTEEN_MIN);
def o30 = open(period = AggregationPeriod.FIFTEEN_MIN);
def l30 = low (period = AggregationPeriod.FIFTEEN_MIN);
def c30 = close (period = AggregationPeriod.FIFTEEN_MIN);
def h60 = high(period = AggregationPeriod.HOUR);
def o60 = open(period = AggregationPeriod.HOUR);
def l60 = low (period = AggregationPeriod.HOUR);
def c60 = close (period = AggregationPeriod.HOUR);

def notinside = l60 >= l60[1] and h60 <= h60[1] ;
def priorinsidebar = L[1] >= L[2] and h[1] <= h[2];
def prioroutsidebar = L[1] < L[2] and h[1] > h[2];
def outsidebarup = L < L[1] and h > h[1] and close > open;
def outsidebardn = L < L[1] and h > h[1] and close < open;
def iUP = priorinsidebar and close > h[1];
def iDN = priorinsidebar and close < L[1];
def iUpU = close > high[1] and iUP[1];
def iDnD = close < low[1] and iDN[1];
def Outsideup =  prioroutsidebar and close > high[1];
def Outsidedown =  prioroutsidebar and close < low[1];
def ttd = high[1] > high[2] and close < low [1];
def ttu = low[1] < low[2] and close > high [1];
def RevL = (priorinsidebar[1] and low[1] < low[2] and close > high[1]) or
(priorinsidebar and low < low[1] and close > high[1]);
def RevS = (priorinsidebar[1] and high[1] > high[2] and close < low[1]) or
(priorinsidebar and high > high[1] and close < low[1]);
def hammer = (((high - low) > 3 * (open - close) and ((close - low) / (.001 + high - low) > 0.66) and ((open - low) / (.001 + high - low) > 0.66)));
def shooter = (((high - low) > 3 * (open - close) and ((high - close) / (.001 + high - low) > 0.66) and ((high - open) / (.001 + high - low) > 0.66)));
def hUp = hammer[1] and close > high[1];
def sDn = shooter[1] and close < low[1];

def trioutlo = (lD <= lD[1]) and !notinside;
def triouthi = (hD >= hD[1]) and !notinside;
def trioutloprevday = (ld[1] > ld[2]) or (ld <= ld[2]) and !notinside;
def triouthiprevday = (hd[1] < hd[2]) or (hd >= hd[2]) and !notinside;
# GREEN or RED Day Week Month
def Week_Up = cW > oW;
def Day_Up = cD > oD;
def week_down = cW < oW;
def day_down = cD < oD;
def hrup = c60 > o60;
def hrdn = c60 < o60;

def up = if outsidebarup or Outsideup or hUp or iUP or ttu or RevL then 1 else nan;
def down = if outsidebardn or Outsidedown or sDn or iDN or ttd or RevS then 1 else nan;

plot stratup = if (trioutlo or trioutloprevday) and up then 1 else nan;

plot stratdn = if (triouthi or triouthiprevday) and down then 1 else nan;

Alert(condition = stratup, text = "TriOut HOD & DOWN", sound = Sound.Bell, "alert type" = Alert.BAR);
Alert(condition = stratdn, text = "TriOut LOD & UP", sound = Sound.Bell, "alert type" = Alert.BAR);

Shareable Link

Last edited:

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
184 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.