Protected: Thinkorswim ATR Levels V1 4


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About Pete Hahn

For those trying to contact me about our professional services you will find all those details here: https://www.hahn-tech.com/professional-services/ Any questions not related to our professional services or premium indicators should be directed to the comment section of the applicable video or you may post a question in our Q&A Forum: https://www.hahn-tech.com/thinkorswim-forum-topics/

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4 thoughts on “Protected: Thinkorswim ATR Levels V1

  • Jack Daniels

    Hi Mr Hahn,

    Was interested in buying this for intraday trading but does it work for futures market as well? Or do you suggest to stick strictly to stocks ?> Thank you

    • Pete Hahn Post author

      I believe the best answer to your question will be found within the demo video. There are two sections in particular you will find helpful. The section named “Example Charts” and the section named “Live Demo”. However if you view the entire demo video you will find examples of Futures charts throughout. The demo video is a NOT a market tool. It’s the instruction manual. So viewing the demo video is essential. Otherwise you will have no idea how to install it, adjust it’s settings or use any of the advanced features.

  • Anibal Rodriguez

    Hi Pete, I am new at this, I use think or swim. I I’m thinking of buying the ATR Levels SR/ORB trading tool, I do use SR levels, volume (over and underbought) in my analysis. I also back test (I suppose this means to use the tool on past events, sorry english is not my maiden language and I get confused, nevertheless your videos are very well explained, thanks for that).
    My goal is to create a long position portfolio with stocks to hold up to 6 months or less and achieve a return between 7 to 10 percent (of course i am not holding the tool or yourself responsable for the success or failure of my trades) I just wanted your recommendation, is this the best tool or would you recommend another ?
    Thanks for your time and effort
    Best regard
    Anibal

    • Pete Hahn Post author

      Thanks for taking the time to inquire about our professional trading tools and describing your goals for trading. You describe what I would call “Swing trading”. Which is when you take a temporary position in the market, typically based on the daily time frame, and at the time you open the position have predefined profit and loss targets.

      Since this is your goal I do not recommend the ATR Levels indicator. This indicator is best suited for intraday trading. (Day trading). Yes, the levels can be helpful when applied to a weekly or monthly time period. But there are other tools available which are more suited towards swing trading.

      For swing trades, I am currently using the Standard Deviation Reversals. I completed back-testing and found some parameters which seem to work well on SPY, IWM And DIA. We have two other trading tools which are ideally suited to swing trading and that would be the Divergence indicators and the Swing Pivot Trend Rotations.

      So based on your stated goals, I suggest you review those other indicators to see which one is a better fit for your current trading methodology.