MTF Scan and Custom Watchlist Column - Institutional Accumulation and Distribution

Rags

New member
I am trying to create a ThinkorSwim dynamic scan for going Long (Institutional Accumulation) & Short (Institutional Distribution) on Stocks based on the following criteria:

1) Stock Price has to be greater than $50 with liquidity in excess of 1,000,000 shares traded based on a 5-day Average

2) The time frame for the candles is locked at 30 minutes

3) Go Long (Institutional Accumulation) if: Weekly VWAP > Monthly VWAP and Price has pulled back to 0.25% away from -2 Standard Deviations of the Monthly VWAP

Go Short (Institutional Distribution) if: Monthly VWAP > Weekly VWAP and Price has is at 0.25% away from +2 Standard Deviations of the Monthly VWAP


Any help with the dynamic scan will be very much appreciated.
 
Solution
I am trying to create a ThinkorSwim dynamic scan for going Long (Institutional Accumulation) & Short (Institutional Distribution) on Stocks based on the following criteria:

1) Stock Price has to be greater than $50 with liquidity in excess of 1,000,000 shares traded based on a 5-day Average

2) The time frame for the candles is locked at 30 minutes

3) Go Long (Institutional Accumulation) if: Weekly VWAP > Monthly VWAP and Price has pulled back to 0.25% away from -2 Standard Deviations of the Monthly VWAP

Go Short (Institutional Distribution) if: Monthly VWAP > Weekly VWAP and Price has is at 0.25% away from +2 Standard Deviations of the Monthly VWAP


Any help with the dynamic scan will be very much appreciated.
...
I am trying to create a ThinkorSwim dynamic scan for going Long (Institutional Accumulation) & Short (Institutional Distribution) on Stocks based on the following criteria:

1) Stock Price has to be greater than $50 with liquidity in excess of 1,000,000 shares traded based on a 5-day Average

2) The time frame for the candles is locked at 30 minutes

3) Go Long (Institutional Accumulation) if: Weekly VWAP > Monthly VWAP and Price has pulled back to 0.25% away from -2 Standard Deviations of the Monthly VWAP

Go Short (Institutional Distribution) if: Monthly VWAP > Weekly VWAP and Price has is at 0.25% away from +2 Standard Deviations of the Monthly VWAP


Any help with the dynamic scan will be very much appreciated.


Unfortunately no.
The ToS platform does not allow you to scan or watchlist for conditions occurring on different aggregations.
The scan hacker and the watchlist columns first set the timeframe. And then perform all operations within that timeframe.

There is no workaround.
 
Solution

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
444 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.
Back
Top