Trust The Levels - Trade Options In ThinkOrSwim

[rfb]

What should I do? I used the exact link you provided.

If using the original LRC study, make sure your Time Interval is set to "Today". I believe on V2 you can have it set to the amount of days of your choice.

 

[METAL]

Hey all. Here is a link to a recap of yesterday. I will make one for today as well.
https://www.youtube.com/live/o1-K0S1WFkI?si=Di23l-qnmGCJlZ14

<iframe width="560" height="315" src="

" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

 

[METAL]

Todays Trades -
I want to stress the importance of support/resistance levels. They take precedence over the A-LRC in that if you have a perfect LRC setup but you will be trading directly into a S/R Level, Then I do not take the trade. I will wait until the s/r level has been broken and a confirmed continuation takes place before I enter a trade.

COIN:

TSLA - LOSS-

HIMS -

SMCI-

SPX -

 

[AngelRock]

What would it take to make this indicator Mobile App Friendly?

 

[useThinkScript]

What would it take to make this indicator Mobile App Friendly?

Unfortunately, the formatting options and drawing requirements preclude the use of the setup in this thread in the ToS mobile app

 

[METAL]

Friday Recap and areas I need to get better to improve my P/L. I also had a very big OOPS. Got lucky it worked out for me.
Had several trades and no losses!

 

[bkpshah]

Sir please share how do you trade every day and daily profit loss..

 

[JoseB]

If using the original LRC study, make sure your Time Interval is set to "Today". I believe on V2 you can have it set to the amount of days of your choice.

Set to today. Still not working.

 

[METAL]

Sir please share how do you trade every day and daily profit loss..

I trade this strategy everyday as shown in the videos. As for Profit and loss. I have had one day with a loss in 4 weeks or so. I have had trades with a loss but by following the plan, My losses are minimal. I have been creating recap videos that you may search for in this thread.

 

[lovetotrade20024]

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?

hi @JoseB do you mine to share the bottom indicator, look pretty accurate. thanks

 

[hammeredtoe]

Set to today. Still not working.

It has to be when the market is open.

 

[METAL]

Todays Trades- Another great day! Once again, I know I am sound like a broken record, But this is absolutely crazy good! I traded a few other quick scalps that were all profit. I only had one minor loss today.
Arm:

COIN:

SPX - Loss:

TSLA:

QQQ:

 

[Drum Rocker]

Todays Trades- Another great day! Once again, I know I am sound like a broken record, But this is absolutely crazy good! I traded a few other quick scalps that were all profit. I only had one minor loss today.
Arm:
View attachment 22032

COIN:
View attachment 22033
SPX - Loss:
View attachment 22034
TSLA:
View attachment 22035
QQQ:
View attachment 22036

These are great tutorials, thanks Metal! I apologize if this was answered in a previous post or one of your videos, but I have scanned all and can't find the answer. What are you using for the manual S/R resistance lines? Previous days high/low or other? Thank you.

 

[METAL]

These are great tutorials, thanks Metal! I apologize if this was answered in a previous post or one of your videos, but I have scanned all and can't find the answer. What are you using for the manual S/R resistance lines? Previous days high/low or other? Thank you.

I manually draw them.

 

[ksnyder2000]

@METAL im glad it works for you…. But why not just use the regression channel on that TOS provides in their drawing menu?

 

[useThinkScript]

@METAL im glad it works for you…. But why not just use the regression channel on that TOS provides in their drawing menu?

You can certainly manually draw the regression line.
If you are reviewing multiple instruments, you might find it more convenient to utilize the scripted version.

 

[JoseB]

It has to be when the market is open.

Am I supposed to have afterhours turned on?

 

[rfb]

Am I supposed to have afterhours turned on?

Just guessing here, but if the instruments you are trading are available in AH trading, then I would suggest yes. @METAL may have further guidance on this.

 

[METAL]

Am I supposed to have afterhours turned on?

Yes. This works off of the pre market data.

 

[METAL]

Great day again! I am going to need to start pinching myself!
TSM: This was a big profit.

AMZN Loss- Small loss and once again, I traded against the market and got burned for doing so!