Trust The Levels - Trade Options In ThinkOrSwim

[SleepyZ]

is this the correct start/stop time for this ?\

Thinkscript uses Eastern Time Zone times in coding.

So for all chart timeframes using the LRC, 0400-0929 is the correct Premarket time settings for stocks.

 

[Juno (Best Day EVER)]

Thinkscript uses Eastern Time Zone times in coding.

So for all chart timeframes using the LRC, 0400-0929 is the correct Premarket time settings for stocks.

what would you try if using this for futures?

 

[SleepyZ]

what would you try if using this for futures?

1800 - 0929

 

[trendtraderflow]

Can you be more specific as to when you're entering and when you're exiting? I gotta give you props for being passionate about the strategy and about trying to help the community

Level to level Jose watch the price action around the orange deviation lines and you will see it, this is a very precise chart set up

 

[trendtraderflow]

Just added to post #1. I also have a couple of videos that I hope helps. Let me know.

View attachment 21769
ES Futures -
View attachment 21770

Thanks brother, any chance of adding a previous days close line? price tends to revert to that

 

[trendtraderflow]

Just added to post #1. I also have a couple of videos that I hope helps. Let me know.

View attachment 21769
ES Futures -
View attachment 21770

Can you share a link to that tos lay out? its clean !!

 

[METAL]

what would you try if using this for futures?

I have tested both and still like the V.2 with futures where it sets the time at 4am - 9:29 am. I suggest trying both and pay attention to how the price reacts to each and decide which one you like the most.

 

[METAL]

Can you share a link to that tos lay out? its clean !!

Which one? the top or bottom?

 

[trendtraderflow]

Metal, have you tested the setup on any weekly plays? will the anchor times need adjusting?

 

[JoseB]

Reaaaally interested in this. Using the "Today Only" version but my 2 min chart does NOT look like your 2 min chart? Anything wrong with the code?

 

[METAL]

View attachment 21910
Reaaaally interested in this. Using the "Today Only" version but my 2 min chart does NOT look like your 2 min chart? Anything wrong with the code?

Something is wrong with your code I suspect. The anchored LRC lines are not showing up. they should be on the chart..

 

[METAL]

Metal, have you tested the setup on any weekly plays? will the anchor times need adjusting?

No I haven't but it would be pretty cool to setup a swing trade option. The LRC would most likely need to be set at a week or so back for it to work this way. If you figure something out, let us know.

 

[VRaju]

View attachment 21910
Reaaaally interested in this. Using the "Today Only" version but my 2 min chart does NOT look like your 2 min chart? Anything wrong with the code?

Try with 2m today instead of 2m 3D

 

[METAL]

Todays Trades! This is getting crazy but awesome. I will ride this train until it jumps the tracks.
I missed a few really great setups. MSFT, AAPL, COIN, MRNA, and a few others. They all would have been great!

AAPL-

SPX -

 

[Piper2808t]

hate to be a basher but marking up charts in hindsight is meaningless show real entry's and real pl if your going to boast

 

[METAL]

hate to be a basher but marking up charts in hindsight is meaningless show real entry's and real pl if your going to boast

I do in my videos. You do not have to trust. That is okay with me. I am marking up for those that would like to learn and try this system. If you do not want to, then do not participate. You should try it though. It works. I have not had a losing DAY since I have started using this.
BTW, This is an interesting comment from a VIP and 2019 donor??? Everyone that is trying to help others on this forum, provide marked up charts as that is the easiest way to show how to use their system/idea. I have not seen you ask others to provide P/Ls and trade entries. Very odd. must have rattle your cage or something. Here is AMZN, my first trade.

 

[useThinkScript]

Let's give a shoutout to @METAL!

He joined the forum two years ago, today!

Like many rookies, he danced with the devil of repainters and wrestled in attempts to make lagging moving averages profitable during his trading journey.

But unlike many rookie traders, who end up in the 97% failure club, @METAL didn't just ask questions, he interrogated them (seriously, he could've given Sherlock a run for his money). Through sheer grit and endless queries, he's joined that elite club of new traders who are successful.

This strategy has risen to one of the top 15 participated in strategies of all-time, in three months!
https://usethinkscript.com/forums/strategies-chart-setups.5/?order=reply_count&direction=desc
Kudos, to @METAL


Quick heads-up: Our current bullish rallies—the Santa Claus and the ongoing one—are flexing some serious muscle, akin to those powerhouse rallies back in the '80s and '90s.

Trending strategies? They're the golden ticket during these bullish bonanzas. But, uh, once the party's over? Not so much.

Recap: 2022 was a bear hug, and while the first 10 months of 2023 played the bullish card; it was with a shallow deck. Translation? Market gains rode on the backs of a handful of wild high-growth stocks, while the rest snoozed.

But hey, buckle up for the current rally—it's got all the bells and whistles. Market depth? Check. Strong job market? Double check. Companies ditching the recession talk for juicy earnings reports and optimistic future guidance? Checkmate.

Oh, but remember, even in bull markets, there are pullbacks—like last February's overheating episode. But fear not, it's still prime time to ride that trend strategy wave.

For newer traders:
@METAL setup in this thread has all the elements for a good basic strategy.
@csricksdds also provides instructions for a sound setup:
https://usethinkscript.com/threads/agaig-best-trading-chart-setup-for-thinkorswim.18436/
If you are VIP: everything you wanted to know about trending setups:
https://usethinkscript.com/threads/trending-trade-setups.18264/
If you are not familiar with how to read charts, this video & strategy provides a simple introduction:
Thread 'TraderOracle Method For ThinkOrSwim' https://usethinkscript.com/threads/traderoracle-method-for-thinkorswim.17127/

Cowabunga!

 

[MaxPain]

anyway to have legacy plots from previous premarkets

 

[VRaju]

Let's give a shoutout to @METAL!

He joined the forum two years ago, today!

Like many rookies, he danced with the devil of repainters and wrestled in attempts to make lagging moving averages profitable during his trading journey.

But unlike most rookie traders, who end up in the 97% failure club, @METAL didn't just ask questions, he interrogated them (seriously, he could've given Sherlock a run for his money). Through sheer grit and endless queries, he's joined that elite club of new traders who are successful.

This strategy has risen to one of the top 15 participated in strategies of all-time, in three months!
https://usethinkscript.com/forums/strategies-chart-setups.5/?order=reply_count&direction=desc
Kudos, to @METAL


Quick heads-up: Our current bullish rallies—the Santa Claus and the ongoing one—are flexing some serious muscle, akin to those powerhouse rallies back in the '80s and '90s.

Trending strategies? They're the golden ticket during these bullish bonanzas. But, uh, once the party's over? Not so much.

Recap: 2022 was a bear hug, and while the first 10 months of 2023 played the bullish card; it was with a shallow deck. Translation? Market gains rode on the backs of a handful of wild high-growth stocks, while the rest snoozed.

But hey, buckle up for the current rally—it's got all the bells and whistles. Market depth? Check. Strong job market? Double check. Companies ditching the recession talk for juicy earnings reports and optimistic future guidance? Checkmate.

Oh, but remember, even in bull markets, there are pullbacks—like last February's overheating episode. But fear not, it's still prime time to ride that trend strategy wave.

For newer traders:
@METAL setup in this thread has all the elements for a good basic strategy.
@csricksdds also provides instructions for a sound setup:
https://usethinkscript.com/threads/agaig-best-trading-chart-setup-for-thinkorswim.18436/
If you are VIP: everything you wanted to know about trending setups:
https://usethinkscript.com/threads/trending-trade-setups.18264/
If you are not familiar with how to read charts, this video & strategy provides a simple introduction:
Thread 'TraderOracle Method For ThinkOrSwim' https://usethinkscript.com/threads/traderoracle-method-for-thinkorswim.17127/

Cowabunga!

I do in my videos. You do not have to trust. That is okay with me. I am marking up for those that would like to learn and try this system. If you do not want to, then do not participate. You should try it though. It works. I have not had a losing DAY since I have started using this.
BTW, This is an interesting comment from a VIP and 2019 donor??? Everyone that is trying to help others on this forum, provide marked up charts as that is the easiest way to show how to use their system/idea. I have not seen you ask others to provide P/Ls and trade entries. Very odd. must have rattle your cage or something. Here is AMZN, my first trade.
View attachment 21929

@METAL - Really appreciate and kudos to you for sharing such an awesome strategy.
Being a beginner, I find it very useful and seeing success. Thank you for answering our questions and posting these updates.

 

[METAL]

anyway to have legacy plots from previous premarkets

@SleepyZ created the one called MultiDay but it di not seem to work properly. I just draw them manually if I need to go back and review trades.