Strategy making a definitive buy


2019 Donor
This is by far my greatest weakness; knowing when to buy & knowing it won't get stuck. By that, I mean will it continue to go up throughout the day or just a short uptrend leading it to downtrend? This awful weakness of mines leads me to miss many good opportunities finds on occasions. Sometimes the volume-volatility can lie to me. For example... I had two choices I could have bought today: $ABIO & RWLK. One accelerated in volume than the other. Who's to say or can determine which will boom through buying hands or not?

Last edited:
let me share my thoughts with you and hopefully that will enhance your trading future endeavors.

first: the first 15-30 min are tricky, you can have volume, volatility and strength and you will pick the price direction and the very next candle will reverse direction and your whole day will go in vain.

here is a tip that may help you catch good moves: the squeeze

plot a squeeze indicator that will show u compression. establish ur resistance and support, if price action fires out of the squeeze and breaks out either Support or resistance then you are likely to catch a good move. i myself miss a lotta good moves because of frustration or because i focus on the wrong stock with the wrong move. let me know what do you think

Last edited:

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


I used to to apply the ttm squeeze but it has its flaws and lags price movements tremendously.

I noticed that there is a script in this page called volatility study, it shows squeezes and the bands compressing the price.

Here is what i use myself:

this bb based. When the bandwidth reaches the bulge and start moving up together, the likelihood of the move to be big increases. When the bandwidth is lining up with the squeeze then, the price is in squeeze mode.

When it comes to the price direction: then u gonna have to detect whether strength, volume ans intensity are all lined up and the whole combo will give ur move. Easy to say, hard to detect. Thx

Last edited:
Hi Do you know which is the best custom indicator to identify or finding "higher volumes" indicator which identify volume of buy or sell indication.

Last edited:
there is one called time based volume. simple to use. i am using it on daily basis.

there is one called better volume but i found a bit complicated with too many definitions and colors that can turn out not to be accurate or may lead you to the wrong direction of the trade.

btw, what your trading setup ?

Last edited:
@Cherif, I will try what u said. I used "Opening Range Breakout "/ EMA 10 and 20 and 100 Cross over/ MACD indicator.

Using this site i am learning slowly and really appreciate this site community , BenTen and team.

Last edited:

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
310 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.