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Strategy Guide
Aloha Pete, First thank you. I have learned a great deal about scripting from you. I'm trying to figure out a way to implement labels for past performance of the floatingpl() and addorder() functions. I have done extensive backtesting for some of my...
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Strategy Guide
Somebody recently shared this indicator in the group im in. https://usethinkscript.com/d/16-opening-range-breakout-indicator-for-thinkorswim .After looking it up I found that Hahn also posted a similar indicator. What are the downside to these? i saw...
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Strategy Guide
Hi there, I implemented a strategy in thinkorswim and backtested it using papermoney. Psrt of the strategy is using the HeikinAshiDiff study (which itself uses ComoundValue). I have read that thinkorswim does not allow the use of recursive or Compund...
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Strategy Guide
OBV as an upper study in TOS. OBV is a lower study in TOS and its not easy to follow. I think if it was an upper study like a moving average it would be easier to guage stock price movement. Thank you.
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Strategy Guide
Hello Pete Had a question on Trailing orders in Tos. Is there any way to trail the order based on the low of the previous candle? As you can see in the attached pictures the low of the candle with Crosshair is 1.87 and as the stock moves up then the ...
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Strategy Guide
Hi, I'm having grief building a conditional order to sell when RSI of daily aggregation > 55. That much is pretty easy; this code will do it: input RSIlength = 4; input exitScore = 55; input RSIavg = AverageType.WILDERS; def price = close; def Net...
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Strategy Guide
Hello There Pete, Im just getting into strategies and am trying to create one that simply buys when Rsi crosses 69 in the upward direction, and then executes the sell once it falls below same 69 level. Thought things were going alright till noticing ...
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Strategy Guide
On your thinkorswim auto trade almost in the comment section you stated that there was an option that you can check that will cause the conditional order to automatically regenerate after it has been trigger. Have you posted anything to cover that, i...
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Strategy Guide
Hi Pete, I was interested in developing a strategy that included when heikin ashi candles changed from red to green, and green to red. I'm having trouble with that code, and I'm assuming the problem is something relating to the compounded value. Is...
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Strategy Guide
Hello Pete, A custom study that I use for my trading system produces multiple long entry signals before producing a short entry signal and vice versa. Using these extra signals to add on to my position, is there a way to reprint these signals in a st...
