VWAP 5m trading


Category:
0
0

I would like to buy options on 5 min timeframe when the candle closes above vwap. the momentum should be moving up and  price  should be crossing  8 ema and DMI/ADX should be  moving up.( to go long)

stop should be close below the vwap. if you can add anything to the code which can make it more efficient please do

You are Amazing, knowledgeable and helpful

Marked as spam
Posted by (Questions: 2, Answers: 0)
Asked on November 11, 2019 8:47 pm
204 views
0
Private answer

Your question title should include the names of all the indicators you want included as well as describe how they are used. If you cannot do this within 6-8 words consider your request is probably beyond the scope of services we provide at no charge in the Q&A forum.

In your request you have mentioned the following chart studies:

  1. VWAP
  2. Momentum
  3. DMI/ADX
  4. 8 period EMA

I recommend that you post this question again and include a screenshot showing the exact points that you would like to trigger your signal to buy.

Make sure that your screenshot shows the entire chart so that we can replicate it on our side. We need to see everything on the chart. Price range, date range, and title bar (that shows selected time frame and ticker symbol).

Remember this Q&A forum is here to serve the entire audience. Consider that other folks will be searching for a similar solution and if you don't provide enough details in your question title they will never find your post.

Last thing. You said that you wanted to buy options. Well there is nothing in the code that can tell it to buy options versus stocks. So there is no point in bringing that up. Also, be sure to let us know exactly what you are requesting here. From your description we have no clue how you plan to use this solution and it matters a great deal. You have the following options on the Thinkorswim platform:

  1. Chart Study
  2. Chart Strategy
  3. Study Alert
  4. Conditional Order
  5. Scan
  6. Custom Watchlist Column
Marked as spam
Posted by (Questions: 37, Answers: 4089)
Answered on November 12, 2019 1:56 pm