I Can't Give Everything Away...
… and continue providing valuable tools and resources for traders. Hi guys, welcome to my premium indicators. I am branching out into other platforms, TradeStation and SierraChart. My indicators for Thinkorswim have been extremely popular, allowing me to continue doing what I love. Which is to provide the best tools and training I can imagine for the trading community.
The vast majority of those tools are provided free of charge. The only way to keep this going is to offer up the very best of my work for a very modest price. There is something here in everybody’s price range. So why don’t you join me in my support of the trading community by making a purchase.
Each of these premium indicators are the result of endless hours of research, testing and development. Many of them were written with the direct input of professional traders. The feedback I have received from clients has been overwhelmingly positive. I am confident you will find these premium indicators to be an exceptional value!
Similar to Market Profile, but uses volume data in place of price data. Includes Alerts and Scans
For daily charts. displays the current IV, along with 52 Wk and 6 Mnth IV percentile. Scans included.
Plots lines indicating the presence of positive and negative divergence. Each measures divergence for two different lower study plots. Scans and Alerts included.
More To Come!
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Plots lines indicating the presence of positive and negative divergence. Each measures divergence for two different lower study plots. Scan and RadarScreen included!
Plots daily average true range levels on intraday chart. Includes other key levels for intraday trade setups. Developed based on direct input from professional traders.
Plots lines indicating the presence of positive and negative divergence. Each measures divergence for two different lower study plots. Alerts included.
Plots daily average true range levels on intraday chart. Includes other key levels for intraday trade setups. Developed based on the direct input from professional traders.
hi pete, i purchased the volume profile indicator a while back and i am very happy with it. thanks. i was wondering if you have the ability to create the same indicator for trading view. tradingview uses pinescript to create its codes. i have no idea how to do this. but i do use the indicator everyday and would like to apply it to my trading view charts. please let me know. hope all is well.
I have no way to replicate the Volume Profile on another trading platform because Thinkorswim does not document exactly how their version works. It’s a black box. Perhaps some day I will have time to research that and find a way to build it for other platforms. But at this time I do not even have that on my To-Do list.
ok. have a good day!
Hello, I am interested in the Divergence Lines Indicator for Sierra Chart and would like to know how much it costs to purchase. Thanks
The current pricing for our premium indicators are always listed on the order form. The order forms are available on this very same webpage.
Hello, i am interested in the volume profile indicator and scan. but i will need the scan tweak
No problem. You can purchase the indicator and then submit a project request to have the scan modified. The modifications will be billed based on the rates and terms on the following webpage: https://www.hahn-tech.com/about/
Hello Pete, will the Std Divergence Lines MACDx2 and the Hidden Div Lines MACDx2 work with option charts? Is there a scan/watchlist/alerts available for divergences? TY Pete
Whatever ticker symbol you add to the chart will work. Options contracts are just ticker symbols. However you cannot do spreads of any kind and most options contracts lack sufficient trading data to fill a chart anyway. So unless you are charting options for QQQ, or SPY you are going to have gaps in the trade data on the chart. The demo video describes what features are included so take the time to view the video to answer your questions about scan/watchlist and alerts.
Hello Pete,
Is it possible to use the SC divergence line indicator to detect price divergence against Cumulative Delta Bars?
That would require a modification to the code with an additional fee. If the Cumulative Delta Bars is a built-in study that comes with Sierra Chart the source code can be used from that. If it is a custom chart study you will need to provide the source code you have.
Hello Pete
I just discovered our youtube channel and was blown away, thank you for sharing your knowledge. It helped me to become a better trader
also, I used to be a developer myself and really appreciate you teaching and giving me foundation to begin from on ToS
I do have a strategy that I possibly would like to convert into a script and may need to ask for your help. at the meantime i may support you by purchasing some of the stuff you already built
Thank you
Thanks for taking the time to express your appreciation and feedback. Take care!
Hans! new to tradestation, migrating from Think or Swing.. trying to rebuild my system… question: Does the daily ATR level indicator works on the latest Tradestation version of the platform?
You can call me Pete. “Hans” is someone else entirely. But perhaps that was a spell check error. The name of the other platform is Thinkorswim, not “Think or Swing”. But there again that also may have been a spell check error. Having cleared all of that up. Yes, I am using the ATR level indicator on the most current version of TradeStation publicly available.
Thanks Pete,,,,, yes, all spelling errors, my apologies..
I have found the video for Volume ProfileV2. This video references the original Volume Profile video. I am not able to locate that original video. Can you assist?
Original demo video is here: https://youtu.be/UerGumC2CUA
Hi Pete, is your IV Percentile Premium Indicator actually an IV Rank indicator? It’s my understanding that IV Rank tells whether implied volatility is high or low in a specific underlying relative to the past year of implied volatility data whereas IV Percentile represents the percentage of days that implied volatility has traded below the current level over the past year.
The indicator is based on the Current IV Percentile that is display on Thinkorswim under the Trad tab in the section labeled “Today’s Options Statistics”. However this was clearly explained and demonstrated in the video. Regarding the difference between percentile and rank I have no opinion. I have tailored this specifically to what is used in Thinkorswim.
Hi, Pete, about the volume profile scan indicator, in your video, you select “hour” based on weekly time frame. If I select 30 min or 5 minutes time frame based on weekly scan, the scan results are the same?
My question if different time frames will make any different results for example, if I use it on shorter time frame, like 5- 15 min scan based on daily time frame.
Thank you
The basic concept I describe in the video is this: The more candles you have for the profile period (ie, lower chart time frame and/or long time per period), the more signals the code/scan will generate. At some point there is a balance. I found that a combination that achieves 24-36 candles per profile period produces the right balance between signal and noise.
I have looked, for a long time, for a divergence indicator that accurately finds a divergence between price and the MACD value line/histogram. For me, Pete Hahn’s divergence indicators are exactly what I was looking for. I ended up purchasing both the MACD and Stochastic/RSI indicators for Thinkorswim. Included with the purchase was the code to create scans in Thinkorswim. Now I can scan for both positive and negative divergences. You can even adjust the lookback period so you can find divergences that suit your style of trading. They are very easy to implement and provide great visual feedback. These indicators work amazingly well and I find them to be an excellent product and very fairly priced.
Carl, Thanks so much for taking the time to provide your feedback. Very much appreciated!
Hi Pete,
I had purchased the MACD divergence and has been using it for some time. It is a great tool. My question is : If I purchase RSI/Stochastic divergence, will it enhance or interfere my trading decision?
Amin
I’m glad to know you have found the MACD divergence study a useful tool in your trading. However it is impossible for me to answer your question. The only thing I can do is provide you some example screenshots showing the RSI-Stochastic Divergence plotted on a chart. You will have to determine for yourself whether it will impact your trading in a positive or negative fashion and to what degree.