Trust The Levels - Trade Options In ThinkOrSwim

[mariod]

I'm only seeing a bunch of line

 

[useThinkScript]

I'm only seeing a bunch of line

for those have difficulty with Trust The Levels Strategy​

Mastering the basics of charting elements is a critical first step before diving into advanced trading strategies such as Trust The Levels
Understanding price action, candle patterns, and identifying support and resistance levels are mandatory skills.

A multi-chart setup is essential to track both market trends and the specific instruments being traded. As well, as knowing and understanding the outside factors that are catalysts to your trades.

Less Experienced Traders Start Here:
⦁ Begin with simpler trend-following strategies like moving averages, such as the popular Ripster Moving Averages strategy. https://usethinkscript.com/threads/ripster-clouds-for-thinkorswim.19107/ And here is the VIP Ripster Companion Guide. https://usethinkscript.com/threads/ripster-clouds-strategy-companion-guide.19109/
⦁ Another excellent starting point is the Trader Oracle charts, which help traders immerse themselves in learning chart context. SharkWaveTrend. https://usethinkscript.com/threads/sharkwavetrend-for-thinkorswim.17331/

Bottom Line:
The ability to interpret price and volume charts before applying strategies is a prerequisite for success in most advance chart setups. Focus on simple trend-following strategies to build a solid foundation before jumping into more advance strategies.

 

[spat]

Can you make LRC_V5 a watchlist column to find whether stocks are in lower lrc channel or near the value example 2.5 or -2.5

Can you show an image of your chart with the LRC_V5 Settings as well?

 

[TOS Cali]

Hello, I am new to this channel. I started at the beginning and after 5 pages, I skipped to the end. Is there somewhere in this channel where the strategy is summarized? I tried watching the summary video, but it didn't make sense. I think I need something more basic? Would appreciate any help!

@METAL- would love this as well! can you explain this like we're newbies and explain each line and how you think about entering and exiting when it come to the dif color lines?? Thanks so much!!

Also @ Metal- do you need to change the times for LRC_V5 for say California time zone (PST)-- does the below look correct? Thank you!!

 

[METAL]

MERRY CHRISTMAS!

 

[METAL]

@METAL- would love this as well! can you explain this like we're newbies and explain each line and how you think about entering and exiting when it come to the dif color lines?? Thanks so much!!

Also @ Metal- do you need to change the times for LRC_V5 for say California time zone (PST)-- does the below look correct? Thank you!!

View attachment 23581

Start time is when Pre-Market starts and end time is 1minute before market starts.

 

[METAL]

HAPPY NEW YEAR! 2025!

Todays Start of the New Year! Hit Quota in 15 minutes.
SPX:

QQQ:

PLTR

META:

 

[pmohanty1987]

I use several charts and confirmations with this strategy. IMO, any strategy we use should be also used with overall market confirmations. I typically do not take trades that are good setups if ES, NQ, SPY, QQQ, as well as others do not align with the trade direction.

What are the other confirmation indicator you use along with the levels ? I am in-process of following this and looks promising. If you can share your complete workspace, will get more insight.

 

[METAL]

Todays Trades:
SPX right out of the gates!

SMCI:

 

[METAL]

What are the other confirmation indicator you use along with the levels ? I am in-process of following this and looks promising. If you can share your complete workspace, will get more insight.

Workspace on page 1.

 

[METAL]

Todays Trades:
NVDA.. Could have been much better but I did well and met my 1K quota on this one trade.

MSTR:

SPX:

 

[METAL]

Todays Trades. No Losses! Great day!

AAPL:

SPX:

AMD:

 

[useThinkScript]

@METAL Expert Trader​

Big shoutout to @METAL for earning the well-deserved title of "Expert Trader"!

Your contributions go beyond simple answers—they’re like a masterclass in trading. Every post you share is packed with insight, helping the community grow, learn, and sharpen their skills.

The way you break down complex topics with patience and clarity is incredible. Your detailed trade explanations set a high bar, and your respectful approach to questions inspires collaboration.

Your presence here is truly invaluable, and the whole community is better because of it.

Thank you, @METAL, for your wisdom and dedication!

 

[METAL]

Fridays Trades- This Strat is Killing it! Great job everyone, It was an easy day!
Have a Great Weekend.
SPX- $1,535.00 Profit

RGTI: I could/should have done better. My BIAS was in the way. I anticipated RGTI to go straight to $8.00. Ended up $540..00 Profit!

 

[METAL]

Todays Trades:
GOOG Started out with a loss but got it back.

META: Best tyrade of the day for me.

RGTI:

SPX:

TSLA:

SPX:

 

[METAL]

Todays Trades: Met my Quota again. Have a Great Weekend Everyone!
GOOG:

MSTR:

TSLA:

 

[GT326]

@METAL How do you draw support/resistance lines ? Are they based on 1 hr charts ? Do you have any video explaining it ?

 

[METAL]

I typically start on 1HR TF and then go from there. Sometimes I will go as low as 15m TF. I will make a video in the future.

 

[Tdkkkkk]

Do you have any instructions for how to get this on mobile TOS? Sorry if this is a dumb question, I'm new to both TOS and trading.

 

[useThinkScript]

Do you have any instructions for how to get this on mobile TOS? Sorry if this is a dumb question, I'm new to both TOS and trading.

Sadly no.
https://usethinkscript.com/threads/...ions-in-thinkorswim.18367/page-16#post-146972