ThinkOrSwim Users - I wrote an indicator for the trend day
stochastic indicator that BPT use. I've found it best on a 5
min chart but even then you don't get many signals. It
triggers on two conditions. The first is when the slow stoch
is above "bull upper" (default 80) and the fast stock crosses below
"bull lower" (default 20). The second is when the slow stoch
is below "bear lower" (default 20) and the fast stoch crosses above
"bear upper" (default 80). You can change the stoch
speeds using the inputs "fast stoch" (default 10) and "slow stoch"
(default 60). The screen shot shows an example of the
triggers. Click the link below to install it on your ToS
platform. Happy to answer any questions and take
suggestions for improvements. - Matt.
Thank you z0ned! Been trying to communicate with BPT about
something like this as well, but haven't heard back. I
believe they mostly use Trade Station. This is a great start. I'm
not much of a scripter with the ToS platform, but I'll give this a
try and see what I can experiment with over time. Much
appreciated!!
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
ThinkOrSwim Users - I wrote
Posted by z0ned on 17th of Mar 2021 at 09:34 pm
ThinkOrSwim Users - I wrote an indicator for the trend day stochastic indicator that BPT use. I've found it best on a 5 min chart but even then you don't get many signals. It triggers on two conditions. The first is when the slow stoch is above "bull upper" (default 80) and the fast stock crosses below "bull lower" (default 20). The second is when the slow stoch is below "bear lower" (default 20) and the fast stoch crosses above "bear upper" (default 80). You can change the stoch speeds using the inputs "fast stoch" (default 10) and "slow stoch" (default 60). The screen shot shows an example of the triggers. Click the link below to install it on your ToS platform. Happy to answer any questions and take suggestions for improvements. - Matt.
http://tos.mx/8cPn8iv
z0ned - much appreciated. Thank
Posted by craigm on 18th of Mar 2021 at 09:41 am
z0ned - much appreciated. Thank you for sharing. I'll give it a try.
Thank you z0ned! Been trying
Posted by rfa300 on 18th of Mar 2021 at 09:28 am
Thank you z0ned! Been trying to communicate with BPT about something like this as well, but haven't heard back. I believe they mostly use Trade Station. This is a great start. I'm not much of a scripter with the ToS platform, but I'll give this a try and see what I can experiment with over time. Much appreciated!!