Trendbox for TOS

[Khaynes]

Hi everyone, I was wondering if anyone had a tool similar to the picture shared. This tool is used for MT4 and MT5 so I am unclear how to grab the code. With all the trend indicators I have seen figured I would ask if this was one of them.

At the basics I am looking for a breakout box tool that allows for # candles (could be user define could be specified) that calculates potential profit from breakout candles with trend direction.

https://imgur.com/XItf4qU

 

[Ramesh16]

it looks like consolidation box setup

 

[Khaynes]

Thanks Ramesh16 the consolidation box I have seen showed possible direction post consolidation but I don't recall it having profit targets. I will search here to see if I can find it though and take a look again.

 

[halcyonguy]

Hi everyone, I was wondering if anyone had a tool similar to the picture shared. This tool is used for MT4 and MT5 so I am unclear how to grab the code. With all the trend indicators I have seen figured I would ask if this was one of them.

At the basics I am looking for a breakout box tool that allows for # candles (could be user define could be specified) that calculates potential profit from breakout candles with trend direction.

i searched for box and found these.
maybe one of them can give you some ideas, and be a starting point for what you want...



b3
https://usethinkscript.com/threads/...akout-breakdown-indicator-for-thinkorswim.103/

darvas convert
https://usethinkscript.com/threads/convert-tradingview-darvas-box-strategy-v2.12140/#post-115154

https://usethinkscript.com/threads/high-low-range-chart-setup-for-thinkorswim.13750/#post-115131

https://usethinkscript.com/threads/fractal-boxes-by-mobius-for-thinkorswim.377/#post-113906

https://usethinkscript.com/threads/code-help-range-box.12970/#post-111568

https://usethinkscript.com/threads/squeeze-box-dw-for-thinkorswim.12967/

https://usethinkscript.com/threads/psar-transition-box.12706/#post-109424

https://usethinkscript.com/threads/...the-series-for-thinkorswim.12792/#post-109326

https://usethinkscript.com/threads/...inkorswim-scalping-strategy.9595/#post-109241

https://usethinkscript.com/threads/congestion-zone.10503/

https://usethinkscript.com/threads/choppiness-index-indicator-for-thinkorswim.1277/

 

[Khaynes]

Wow! Thank you so much. Will check each of these out. Appreciated

 

[pSyKoTiQ]

The best indicator I could point you towards is Programmatic Support/Resistance:
https://usethinkscript.com/threads/programmatic-support-and-resistance-for-thinkorswim.55/

You can set it to 1, 2, or 3 different Timeframes. It's a MTF swinghigh/low indicator that automatically places levels. You can also customize the lines with Clouds and change the colors.