Trust The Levels - Trade Options In ThinkOrSwim

[scottlery]

Is you indicator only available to paid subscribers?
When will you release the free version? TIA

 

[useThinkScript]

The Trust The Levels Grid is available to all members.
It contains several indicators. To import the grid follow the instructions below

Here is the grid link: https://tos.mx/psH8Wtm
Here is how to load grid links:
https://usethinkscript.com/threads/...ed-item-error-in-thinkorswim.5098/#post-57930

If the above workaround for importing shared links is not working for you; it means you are among the group for whom Schwab has not enabled shared links.
Schwab indicates everyone will have shared links enabled after the May 13 integration

@Jessedmanuell @vvvThink @scottlery

 

[METAL]

Is you indicator only available to paid subscribers?
When will you release the free version? TIA

I am new here. Can you please share the indicator name and the code.

I put links to both indicators in the 1st post

 

[METAL]

Todays Trades. I made over 1,000.00 but man could I have done so much better. That is trading!
Hope everyone did well today. HAVE A GREAT WEEKEND!

 

[adriantran]

Thank you very much for the response. I dont know what's causing it but when I remove price zoom, I could see the 2nd dev yellow lines. They are disappeared for SPY. Here are the screen shots

Appreciate all your help and contribution to this forum.
Thanks again for amazing strategy. Will watch and post results from this week.

I have the same issue where the regression channel doesn't show but the standard deviation channel does. I changed the starttime to 0 instead and it shows up. Might work for you.

 

[SleepyZ]

I have the same issue where the regression channel doesn't show but the standard deviation channel does. I changed the starttime to 0 instead and it shows up. Might work for you.

The issue is that the code I posted has a very specific starttime. In a heavily traded symbol like SPY, there is usually activity. In the case of stocks, that is not always the case and if so, the indicator will not plot unless you do as you did by changing the starttime.

I have another version that modifies a Mobius script. It has a fix that seems to work in the event of the above issue by using getday() != getday()[1]. Otherwise, the input times work.

This works on charts other than TODAY charts.

#Mobius_Anchored_Linear_Regression_modified_End_at_Cond_y_Extended_Option
#08:35 Mobius: Here's the anchored Regression Channel I use

AddLabel(1, "Anchored LRL", Color.WHITE);
# Time Anchored Regression Channel
# Mobius
# V01.01.2016

input StartTime = 0400;
input Channel_1_Width = 1.0;
input Channel_2_Width = 2.00;
input LineWeight = 2;

script E
    {
    input y = close;
    input n = 20;
    def s = fold i = 0 to n
             with j
             do j + GetValue(y, i);
    plot D = s;
}
# Variables
def o = open;
def h = high;
def l = low;
def c = close;
def x = BarNumber();
def nan = Double.NaN;
def xx = if IsNaN(c[-1]) and !IsNaN(c) then x else xx[1];
def firstBar = if SecondsFromTime(StartTime) == 0
               then x
               else if (SecondsFromTime(StartTime) != 0) and GetDay() != GetDay()[1]
               then x
               else firstBar[1];

#Options to End Plot Based Upon Condition and Extended from there
input extend  = yes;
input endtime = 0929;
#Examples of Some Potential Conditions
def cond_y    = if SecondsFromTime(endtime) <= 0 then x else nan;
#if high==high(period=aggregationPeriod.DAY) then barnumber() else double.nan;
#if low==low(period=aggregationPeriod.DAY) then barnumber() else double.nan;
AddVerticalLine(x == HighestAll(cond_y), " ", Color.WHITE);
def y         = if x == 1 or IsNaN(close)
                then nan
                else if Between(x, HighestAll(firstBar), HighestAll(cond_y))
                then close
                else y[1];
#############

def S_y = if x == HighestAll(firstBar)
          then y
          else if x > HighestAll(firstBar)
               then S_y[1] + y
               else S_y[1];
def S_x = if x == HighestAll(firstBar)
          then 1
          else if x > HighestAll(firstBar)
               then S_x[1] + 1
               else S_x[1];
def x0_ = HighestAll(xx) - firstBar;
def x1 = HighestAll(if !IsNaN(y) and IsNaN(y[-1])
                    then x
                    else nan);
def x0 = HighestAll(if GetValue(x, -x0_) == x1
                    then x
                    else nan);
def x_ = if GetValue(x, -x0_) >= x1
         then x - x0
         else x_[1];
def Ex  = E(x_, x0_);
def Ey  = E(y, x0_);
def Exy = E(x_ * y, x0_);
def Exsq = E(Sqr(x_), x0_);
def b = (x0_ * Exy - (Ex * Ey)) / (x0_ * Exsq - (Ex * Ex));
def a = (GetValue(Ey, x - x1) - GetValue(b, x - x1) * GetValue(Ex, x - x1)) / x0_;
def LR = a + (GetValue(b, x - x1) * x_);
def r = Max(h, c[1]) - Min(l, c[1]);
def Er = E(r, x0_) / x0_;
def mean = S_y / S_x;
def SD = Sqrt((1 / S_x) * (E(Sqr(y - mean), S_x)));
# Plots
plot LRL = if extend == no and  x <= HighestAll(cond_y) #x >= x0  # x is defined as barnumber()
then LR
else if extend == yes and x >= x0       
then LR
else nan;
LRL.SetStyle(Curve.SHORT_DASH);
LRL.SetLineWeight(LineWeight + 1);
LRL.AssignValueColor(if GetValue(a, x - x1) < LR
                         then Color.CYAN
                         else Color.ORANGE);
LRL.HideBubble();
LRL.HideTitle();
plot upper1 = LRL + (HighestAll(SD) * Channel_1_Width);
upper1.SetStyle(Curve.MEDIUM_DASH);
upper1.SetLineWeight(LineWeight);
upper1.SetDefaultColor(Color.RED);
upper1.HideBubble();
upper1.HideTitle();
plot lower1 = LRL - (HighestAll(SD) * Channel_1_Width);
lower1.SetStyle(Curve.MEDIUM_DASH);
lower1.SetLineWeight(LineWeight);
lower1.SetDefaultColor(Color.RED);
lower1.HideBubble();
lower1.HideTitle();
plot upper2 = LRL + (HighestAll(SD) * Channel_2_Width);
upper2.SetStyle(Curve.LONG_DASH);
upper2.SetLineWeight(LineWeight);
upper2.SetDefaultColor(Color.YELLOW);
upper2.HideBubble();
upper2.HideTitle();
plot lower2 = LRL - (HighestAll(SD) * Channel_2_Width);
lower2.SetStyle(Curve.LONG_DASH);
lower2.SetLineWeight(LineWeight);
lower2.SetDefaultColor(Color.YELLOW);
lower2.HideBubble();
lower2.HideTitle();
# End Code Time Anchored Regression Channel

#

 

[VRaju]

The issue is that the code I posted has a very specific starttime. In a heavily traded symbol like SPY, there is usually activity. In the case of stocks, that is not always the case and if so, the indicator will not plot unless you do as you did by changing the starttime.

I have another version that modifies a Mobius script. It has a fix that seems to work in the event of the above issue by using getday() != getday()[1]. Otherwise, the input times work.

This works on charts other than TODAY charts.

Thank you. Tried using this version. Some how its not plotting regression lines. Tried with Spy and other stocks with same time frame you used. Anything to be changed?

 

[SleepyZ]

Thank you. Tried using this version. Some how its not plotting regression lines. Tried with Spy and other stocks with same time frame you used. Anything to be changed?

Here is a link to the SPY 3d2m chart displayed below http://tos.mx/DalVmJL
The link constains the studies shown in the image

mod note:

unfortunately, some members will not have shared links enabled until after the May 13 integration
workarounds: https://usethinkscript.com/threads/...tions-in-thinkorswim.18367/page-4#post-140610

 

[BMartin1776]

Anchored LRC does not work correctly.

I altered the start time to 830(hasnt happened yet at time I post this! I also tried 7 and I get the same plot) and it plots from 1 am on a 2mToday chart

 

[WEDenterprise]

Thank you @METAL.

How are you setting up your thicker greens lines, I believe that is support and resistance lines? However, what timeframe are you going back to in order set those?

Also have you ever tried this on futures?

 

[JP782]

What deviation are you using with the LRC tool? I cannot match what your screen shows, nor using the LRC anchor study you shared, speaking of that it has 400am start time,and 929am end time, but it plots from 100am so these levels at whatever deviation arent right if youre shooting for data thats starts at 4 to 929

 

[VRaju]

Here is a link to the SPY 3d2m chart displayed below http://tos.mx/DalVmJL
The link constains the studies shown in the image

mod note:



View attachment 21664

Thanks a lot. Appreciate all your help.

 

[SleepyZ]

Anchored LRC does not work correctly.

I altered the start time to 830(hasnt happened yet at time I post this! I also tried 7 and I get the same plot) and it plots from 1 am on a 2mToday chart

Not sure which LRC code you are referring to, so this relates to the last code I posted in post #65

The code has been modified to hopefully plot on various timeframe settings. including TODAY, and also work on most symbols, including futures

Here is SPY 3d2m charts starting at 0700-0929 and 0400-0929

Here is SPY 3d2m at 0400-929, /ES 3c2m at 1800-929 and GOOG 2mToday at 0400-929

Here is full code used above with just time input differences

#Mobius_Anchored_Linear_Regression_modified_End_at_Cond_y_Extended_Option_v1
#08:35 Mobius: Here's the anchored Regression Channel I use


# Time Anchored Regression Channel
# Mobius
# V01.01.2016

input StartTime       = 0400;
input extend          = yes;
input endtime         = 0929;
input Channel_1_Width = 0.70;
input Channel_2_Width = 1.00;
input lineweight = 1;
def sec1 = SecondsFromTime(StartTime);
def isTime1 = (sec1 >= 0 and sec1[1] < 0) or (sec1 < sec1[1] and sec1 >= 0);

script E
    {
    input y = close;
    input n = 20;
    def s = fold i = 0 to n
             with j
             do j + GetValue(y, i);
    plot D = s;
}
# Variables
def o = open;
def h = high;
def l = low;
def c = close;
def x = BarNumber();
def nan = Double.NaN;
def xx = if IsNaN(c[-1]) and !IsNaN(c) then x else xx[1];
def firstBar = if isTime1 == 1
               then x + 1            
               else firstBar[1];

#Options to End Plot Based Upon Condition and Extended from there

#Examples of Some Potential Conditions
def cond_y    = if SecondsFromTime(endtime) <= 0 then x else nan;
#if high==high(period=aggregationPeriod.DAY) then barnumber() else double.nan;
#if low==low(period=aggregationPeriod.DAY) then barnumber() else double.nan;
AddVerticalLine(x == HighestAll(cond_y), " ", Color.WHITE);
def y         = if x == 1 or IsNaN(close)
                then nan
                else if Between(x, HighestAll(firstBar), HighestAll(cond_y))
                then close
                else y[1];
#############

def S_y = if x == HighestAll(firstBar)
          then y
          else if x > HighestAll(firstBar)
               then S_y[1] + y
               else S_y[1];
def S_x = if x == HighestAll(firstBar)
          then 1
          else if x > HighestAll(firstBar)
               then S_x[1] + 1
               else S_x[1];
def x0_ = HighestAll(xx) - firstBar;
def x1 = HighestAll(if !IsNaN(y) and IsNaN(y[-1])
                    then x
                    else nan);
def x0 = HighestAll(if GetValue(x, -x0_) == x1
                    then x
                    else nan);
def x_ = if GetValue(x, -x0_) >= x1
         then x - x0
         else x_[1];
def Ex  = E(x_, x0_);
def Ey  = E(y, x0_);
def Exy = E(x_ * y, x0_);
def Exsq = E(Sqr(x_), x0_);
def b = (x0_ * Exy - (Ex * Ey)) / (x0_ * Exsq - (Ex * Ex));
def a = (GetValue(Ey, x - x1) - GetValue(b, x - x1) * GetValue(Ex, x - x1)) / x0_;
def LR = a + (GetValue(b, x - x1) * x_);
def r = Max(h, c[1]) - Min(l, c[1]);
def Er = E(r, x0_) / x0_;
def mean = S_y / S_x;
def SD = Sqrt((1 / S_x) * (E(Sqr(y - mean), S_x)));
# Plots
plot LRL = if extend == no and  x <= HighestAll(cond_y) #x >= x0  # x is defined as barnumber()
then LR
else if extend == yes and x >= x0        
then LR
else nan;
LRL.SetStyle(Curve.SHORT_DASH);
LRL.SetLineWeight(lineweight + 1);
LRL.AssignValueColor(if GetValue(a, x - x1) < LR
                         then Color.CYAN
                         else Color.ORANGE);
LRL.HideBubble();
LRL.HideTitle();
plot upper1 = LRL + (HighestAll(SD) * Channel_1_Width);
upper1.SetStyle(Curve.MEDIUM_DASH);
upper1.SetLineWeight(lineweight);
upper1.SetDefaultColor(Color.RED);
upper1.HideBubble();
upper1.HideTitle();
plot lower1 = LRL - (HighestAll(SD) * Channel_1_Width);
lower1.SetStyle(Curve.MEDIUM_DASH);
lower1.SetLineWeight(lineweight);
lower1.SetDefaultColor(Color.RED);
lower1.HideBubble();
lower1.HideTitle();
plot upper2 = LRL + (HighestAll(SD) * Channel_2_Width);
upper2.SetStyle(Curve.LONG_DASH);
upper2.SetLineWeight(lineweight);
upper2.SetDefaultColor(Color.YELLOW);
upper2.HideBubble();
upper2.HideTitle();
plot lower2 = LRL - (HighestAll(SD) * Channel_2_Width);
lower2.SetStyle(Curve.LONG_DASH);
lower2.SetLineWeight(lineweight);
lower2.SetDefaultColor(Color.YELLOW);
lower2.HideBubble();
lower2.HideTitle();
# End Code Time Anchored Regression Channel

#

 

[VRaju]

Not sure which LRC code you are referring to, so this relates to the last code I posted in post #65

The code has been modified to hopefully plot on various timeframe settings. including TODAY, and also work on most symbols, including futures

Here is SPY 3d2m charts starting at 0700-0929 and 0400-0929


Here is SPY 3d2m at 0400-929, /ES 3c2m at 1800-929 and GOOG 2mToday at 0400-929


Here is full code used above with just time input difference

Not sure which LRC code you are referring to, so this relates to the last code I posted in post #65

The code has been modified to hopefully plot on various timeframe settings. including TODAY, and also work on most symbols, including futures

Here is SPY 3d2m charts starting at 0700-0929 and 0400-0929


Here is SPY 3d2m at 0400-929, /ES 3c2m at 1800-929 and GOOG 2mToday at 0400-929


Here is full code used above with just time input differences

Sorry to bother. Any way to make it work on mobile?

 

[SleepyZ]

Sorry to bother. Any way to make it work on mobile?

Sorry, I do not use mobile charts.

 

[jmxm]

Todays LRC Strategy.

what indicator is the support/resistance green bars? I can't seem to get my chart setup to look like yours even after importing the main grid and the ema color study

 

[METAL]

The issue is that the code I posted has a very specific starttime. In a heavily traded symbol like SPY, there is usually activity. In the case of stocks, that is not always the case and if so, the indicator will not plot unless you do as you did by changing the starttime.

I have another version that modifies a Mobius script. It has a fix that seems to work in the event of the above issue by using getday() != getday()[1]. Otherwise, the input times work.

This works on charts other than TODAY charts.

Thank You @SleepyZ .

 

[METAL]

what indicator is the support/resistance green bars? I can't seem to get my chart setup to look like yours even after importing the main grid and the ema color study

I draw those manually every morning using higher TF as Supply/Demand and Support/Resistance zones.

 

[METAL]

My Trades today.

 

[Walshy]

@SleepyZ is there any reason why your Mobius LRC script wouldn't work on ES futures chart? It did work for me this week, but then suddenly it doesn't work on an ES chart. Yes, works on a SPY chart. When I open an ES chart and apply the script, it flashes likes it's going to work, but then it goes away. Hmmm. Any thoughts? I should add ... thank you for sharing your expertise.