SPX Trading Strategy for ThinkorSwim

[bhaskar_madugula]

Today Long and Short signals seems to be good except open... 2K profit for day

 

[hientp]

BTW for the SPX strategy, I added the condition of the trigger with SMA 89... if above go long and if below go short... that would have avoided the trade that happened this morning...here is the updated code: it will reduce the number of trades though...

Thank @babouin77 very much for your code, I did try it and it work very well but one thing I realized it give alert signal about one red dot late compare with @Hypoluxa mentioned. I think if you filled a contract bit earlier you will get a better price. Do you think new code with trigger SMA 89 will solve the issue ? I attached the screenshot from my end showed 15.20pm late red dot.

 

[bhaskar_madugula]

How do I post images?

 

[Hypoluxa]

How do I post images?

https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/

 

[bhaskar_madugula]

Do I wait for the second arrow like in the image?

 

[Stockmarker]

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

Thanks for the info.
Do you have the TOS code for Gann?

 

[germanburrito]

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

what is the strategy, ill share the code for gann square of 9

 

[barbaros]

what is the strategy, ill share the code for gann square of 9

May be gann square strategy deserves a different thread for separating topics.

 

[germanburrito]

May be gann square strategy deserves a different thread for separating topics.

ill start it

 

[barbaros]

@Hypoluxa the SPX strategy seems to work well for the recent market conditions. When I back test it going back to mid last year, losses increase. Can you think of any other rules to keep in mind when entering trades? or as market conditions change?

 

[Hypoluxa]

@Hypoluxa the SPX strategy seems to work well for the recent market conditions. When I back test it going back to mid last year, losses increase. Can you think of any other rules to keep in mind when entering trades? or as market conditions change?

I did the same thing back in January and finally had to come to the realization that this strategy can't live in the past and just adjust it along the way as times change going forward. It's been very successful for 2021 so far.
finding perfection is hard...every trading day is a risk and i feel this setup minimizes those risks as much as it can.

 

[barbaros]

I did the same thing back in January and finally had to come to the realization that this strategy can't live in the past and just adjust it along the way as times change going forward. It's been very successful for 2021 so far.
finding perfection is hard...every trading day is a risk and i feel this setup minimizes those risks as much as it can.

hopefully we can react to market changes quick enough.

 

[babouin77]

Do I wait for the second arrow like in the image?

the red arrow it when u need to get ready and at the close of that candle you should open a trade... the SE is showing you it opened one already.

 

[bhaskar_madugula]

the red arrow it when u need to get ready and at the close of that candle you should open a trade... the SE is showing you it opened one already.

I am confused this automatically executes buy and sell order?

 

[babouin77]

Thank @babouin77 very much for your code, I did try it and it work very well but one thing I realized it give alert signal about one red dot late compare with @Hypoluxa mentioned. I think if you filled a contract bit earlier you will get a better price. Do you think new code with trigger SMA 89 will solve the issue ? I attached the screenshot from my end showed 15.20pm late red dot.

I am not getting a delay.

 

[bhaskar_madugula]

Does this do real orders when enabled or just for report only?

 

[babouin77]

it shows the order on the chart. it does not trade for you automatically.

 

[bhaskar_madugula]

it shows the order on the chart. it does not trade for you automatically.

First wait for the arrow confirmation and then as soon as I see LE/SE on the chart I execute the order?

 

[rad14733]

@bhaskar_madugula AddOrder() is only for backtesting Strategies... TOS does not support Auto-Trading...

 

[babouin77]

First wait for the arrow confirmation and then as soon as I see LE/SE on the chart I execute the order?

The arrow is telling you at the close of this candle I’ll open an order so when 1 min finish a trade is shown on the chart