RAF (Ready Aim Fire) Indicator for ThinkorSwim

[wtf_dude]

@cos251 Go join Rightway options,.....options and trend......learn to trade, indicators will not help you, except to lose your nest egg....

@madpuri I can tell you for certain this gobbly gook spaghetti on a chart will not help you interpret price, but will confuse the heck outta you.

oh THANK GOD, you came in here. Now I've seen the light and will stop using projects that give possibly beneficial hints and switch to paying 2k a year for somebody else to give me hints instead. Options? trend? RISK MANAGENT (DID I SAY THAT RIGHT?)?! Whole new world.,. before we like a buy all da stonks and let our spaghetti makes us da moneyz. #lambo

 

[madpuri]

Y’all know right way options is as good as all those goofy signal services where the hypothetical results of 1000 percent are based on the faux traders buying a 1 cent option and clapping for victory when it rarely goes to 10 cents.
ill stick to this project rather than paying a so called pro.

disclosure... don’t know and don’t care about right way options but that post wreaks of crappy oli and cheese. I will stick to my spaghetti noodles.

 

[DDW]

ill stick to this project rather than paying a so called pro.

disclosure... don’t know and don’t care about right way options but that post wreaks of crappy oli and cheese. I will stick to my spaghetti noodles.

So instead of the free spaghetti here, he is paying someone else to tell him what and when to buy...... who is probably using some of the same spaghetti

 

[DaveK]

This RAF is pretty awesome. Great job.

 

[J007RMC]

Y’all know right way options is as good as all those goofy signal services where the hypothetical results of 1000 percent are based on the faux traders buying a 1 cent option and clapping for victory r it rarely goes to 10 cents.z
ill stick to this project rather than paying a so called pro.

disclosure... don’t know and don’t care about right way options but that post wreaks of crappy oli and cheese. I will stick to my spaghetti noodles.

Honestly I’ve never heard of them? Do I need that?

 

[TAM305]

Good Evening i just want to say the RAF indicator is awesome keep up the good work!!!!

 

[DDW]

Good Evening i just want to say the RAF indicator is awesome keep up the good work!!!!

What time frame are you having most success with? I still really like the 30min for swings.

 

[Sneaky_Swings]

@cos251 First of all amazing work here with the indicator, it looks great!

From what I understand the fire signals are produced when there is a bright green/red box and the stochastics cross over one another. I was wondering if this was correct and if it's not, then I was wondering if someone could help me to understand what the fire signal was.

 

[DDW]

Here is David Starr's video on his original RAF without the new "power thrust" signal.

 

[madpuri]

David starr says to use RAF with other indicators because there are too many false signals.

 

[TAM305]

What time frame are you having most success with? I still really like the 30min for swings.

I use the 30 min which been good so far...

 

[DDW]

@cos251 First of all amazing work here with the indicator, it looks great!

From what I understand the fire signals are produced when there is a bright green/red box and the stochastics cross over one another. I was wondering if this was correct and if it's not, then I was wondering if someone could help me to understand what the fire signal was.

If you look at the 30min SPX chart, the 1:30 bar had the arrow 'fire' signal to the downside, with the 'ready' and 'aim' signals preceding it. Additionally, TTM squeeze bars switched from light blue to dark blue, indicating slowing momentum to the upside. Nice signal there

 

[cos251]

Hey guys. Just wanted to acknowledge a couple of the mentions so far. Thanks so much. I have been looking a various items trying to pinpoint the thrust squares and zero trend line. I am sorry to say that I have not found the exact match. I've reviewed so much, the Darvas Box 2.0, Propulsion dots from Raghee, the EMA's. A lot of them look close but no exact match. I think we can't be too far off. I'll keep hunting for it in the mean time.

A few of you asked how the "FIRE" signal gets plotted. Below is the code of when and how Magenta Arrows get plotted. The "READY" and "AIM" signals are SOAP buy and sell signals and TEMPLATE buy and sell signals. They technically constitute a second indicator that FW Trade had developed. They wrapped it all into one including the 3x Stochastics (which are used to plot the up and down arrows for each Stochastic and the FisherTransform). If you guys are looking for more confirmation when using the RAF I would recommend turning on the plots for the FS8x5 and FS5x3, those are faster moving signals that can help decide if a trend is taking place. The FS17x5 and corresponding up and down arrows will provide the final confirmation for moves. Of course, you should be using other indicators to confirm your own strategy as always. And, it seems that 30m and DAY charts seem to be the best match, although I've personally have seen good signal matchup across the 5m, 15m and 30m charts for intra-day.

Thanks again guys.

(The fish1, fish2 and fish3 below are the actual calculations for the respective stochastic, just FYI, all the code is in the indicator)

 

[madpuri]

I am going to look into it, but I think the tema inicator from firstwave site is the key since the additions to raf want to hold for trend continuation. There is something to those arrows.

 

[madpuri]

No luck on my end in getting results. The indicator is now available separately on the site so only a matter of time before it is revealed. Usually someone from tradingview is able to figure it out. I think the brainstorming has run its course unless anybody has some ideas.

Alternatively, someone could always share their charts with the indicator accidentally on it....lol...jk

 

[DDW]

This turned out to be a very nice buy signal on the daily. On 9-25 we got the 'fire' arrow after the 'ready' and 'aim' signals as well as TTM histogram bar turning yellow from red.

 

[DDW]

Here are scans for buy and sells on a 30min chart that I got from the Simpler Trading website. They are working well. I changed the "Scan in" criteria from "all stocks" though because you get too much nonsense crap. Best to narrow down the field. You can also of course adjust timeframe to whatever you prefer. Daily also works well for me.

RAF Scan_Buy shared link:

RAF Scan_Sell shared link:

 

[J007RMC]

Thank You

 

[wtf_dude]

Just to eliminate a dozen questions about errors with these. These scans will not work unless your RAF indicator is labeled in the EXACT SAME format as raf indicator in the scans (which looks like it's the premium RAF, not the project in this thread?). All these do are reference the code from those and switch to the buy and sell signals. If the names do not match, the scanner has no idea where to pull its code from

 

[DDW]

These scans are working just fine.