SPX Trading Strategy for ThinkorSwim

[rfb]

Just so I'm being clear here:
If the dot breaks at 9:30 - I suggest that you do NOT enter the trade at all. I'm not saying wait till 9:40 if it breaks at 9:30.
ONLY enter at your will when it breaks at 9:40 EST

Ok. Got it. Thank you!

 

[barbaros]

Another happy trade on /ES, although it looked a little shaky for a while.

 

[rfb]

Another happy trade on /ES, although it looked a little shaky for a while.

Same here on SPX. Thanks all.

 

[DDW]

For you guys using this with ES, what chart settings are you changing if any?

 

[babouin77]

For you guys using this with ES, what chart settings are you changing if any?

yes I am using it on ES. RTH settings. 10 min heikenashi

 

[DDW]

yes I am using it on ES. RTH settings. 10 min heikenashi

Probably silly question, but on your chart study are LE and LX labels for long and short signals? SE and SX labels for stop signals?

 

[babouin77]

LE: long entry
LE: Long exit
SE: Short entry
SX: Short exit

 

[rad14733]

to be honest with you i do not see how... when i click insert image it is asking for a link

A bit of research would have led you to How to insert image in a post thread? in the Questions forums... The easiest way is to setup an account on imgur.com... Most forums no longer allow direct image uploading for multiple reasons...

 

[DDW]

LE: long entry
LE: Long exit
SE: Short entry
SX: Short exit

Thank you, I wrote that question out wrong but yes this is how I interpreted it.

 

[babouin77]

That seems to qualify the 9:40 EST trade as a valid trade? It broke down the zero line at 9:30, then 9:40 continued down...but it reversed 9:50. I thought you were saying that anything that makes a break in the first 10 mins of open should not be considered.

your method is more conservative and I think it is better.

 

[DDW]

@babouin77 Really like your study. One more question to bug you. When the LE or SE signals appear, do you wait for that bar to close before entering?

 

[babouin77]

@babouin77 Really like your study. One more question to bug you. When the LE or SE signals appear, do you wait for that bar to close before entering?

1- it was not me who did it.

@barbaros designed it. I just added the add order in it.​

​

2- the entries comes on the close of the candle and I usually will see the arrow which means get ready to enter at the close of the candle.​

 

[bhaskar_madugula]

I am confused between /ES and SPX, can someone please post for both indicators?

 

[babouin77]

I am confused between /ES and SPX, can someone please post for both indicators?

ES is futures... spx is the cash index for s&p 500...

 

[bhaskar_madugula]

Indicator is same for both? I am trading SPX using /ES chart....

 

[babouin77]

Indicator is same for both? I am trading SPX using /ES chart....

yeah u can use it for both but when I use it for ES i have only RTH on it to trade during market hours only to mimic the spx

 

[bhaskar_madugula]

Remove the extended hours trading?

 

[Hypoluxa]

WOW! This GANN square of 9 worked every time today for SPX and AMZN.

 

[rfb]

Looks like the last short signal @ 1520 EST was the best. Missed this one, but was profitable on the other 2. Hope some of you grabbed it!

 

[tom23824]

Looks like the last short signal @ 1520 EST was the best. Missed this one, but was profitable on the other 2. Hope some of you grabbed it!

yup! got green!!!