Posted on


thanksgiving morning

Thanksgiving Holiday Note

It’s the Thanksgiving holiday in the U.S. today, and for the past 20 days or so I’ve been doing a morning exercise where I remind myself of a few things every day that I’m thankful for.

And so today I wanted to say that one thing that I am thankful for is the trust that my customers put in me every day — trust that I’m not just some shady internet salesman, trust that I’m going to give them a good product that will assist them with their trading goals, etc.

See, this site has allowed me to combine two of my interests — trading and programming — into one, and build useful things for both myself and the Thinkorswim community.

I hope to make it better and provide some new tools in the coming year, but in the meantime, I just wanted to say thanks to all my customers and users, and to let you know that I appreciate your support and trust.

If there’s any way I can be of help, let me know!

-Josiah Redding

Posted on

Wide Range Bar Trading Strategy for ThinkOrSwim

alphonso esposito's Wide Range Bar Strategy

Wide Range Bar Trading Strategy for ThinkOrSwim

I recently watched Alphonso Esposito’s New Mastery Series at TradeSmart University regarding his Wide Range Bar Trading Strategy. It seemed awesomely simple and straight forward, and seems to give good signals to boot, so I decided I would make it even easier for my fellow ThinkOrSwim users to add this strategy to their arsenals. Basically you look for these wide range bars, as defined by Alphonso in the course, and buy on an subsequent retracement of approximately 40% (with custom tweaks explained in the course) back into the range of the bar.

This set of ThinkScripts lets you scan for these types of setups, and additionally it comes with a chart study that plots a signal whenever a wide range bar trading strategy setup appears, and plots the 40% line as well.

Trading It

Most of the parameters can be customized, but are set by default to those explained in the course, except for the minimum volume multiplier, which I just set myself since no specific rule was stated in the course.

The rules are pretty straightforward, but if you want to learn more about how to trade this strategy, you’ll need to sign up for the class at TradeSmart University.

I’m making these available for FREE for a limited time to all my TOS friends, so please help yourself!

UPDATE 12/21/2016 — I’ve been especially productive lately and decided to go ahead and code this into a mechanical strategy that can be backtested on any chart you want! That file will be included now as well.

NOTE: Since I did a bunch more work on this and included a new strategy file now, I’ll have to increase the price from free to a more typical price for a backtest-enabled strategy. Get it while it’s still free!

Use Promo Code: alphonso

$49.99Add to cart


A chart of the Wide Range Bar Trading Strategy for ThinkOrSwim.
Wide Range Bar Trading Strategy for ThinkOrSwim. Example signal from the chart study showing the 40% retracement line and the signal arrow.
A stock chart with an example of Alphonso Esposito's Wide Range Bar Trading Strategy for ThinkOrSwim.
Alphonso Esposito’s Wide Range Bar Trading Strategy for ThinkOrSwim. Example entry signal on GPS.
A screenshot of Alphonso Esposito's Wide Range Bar Trading Strategy for ThinkOrSwim properties window.
Alphonso Esposito’s Wide Range Bar Trading Strategy for ThinkOrSwim. Properties window for the chart study.
Alphonso Esposito's Wide Range Bar Trading Strategy for ThinkOrSwim example scan.
Alphonso Esposito’s Wide Range Bar Trading Strategy for ThinkOrSwim. Stock hacker scanner screen with custom code plus average volume filter to make sure avg. volume is greater than 1 million shares/day.
Alphonso Esposito's Wide Range Bar Trading Strategy for ThinkOrSwim.
Alphonso Esposito’s Wide Range Bar Trading Strategy for ThinkOrSwim


$49.99Add to cart


Posted on 31 Comments

Huge Database of FREE ThinkOrSwim Indicators and ThinkScript Downloads

Thinkorswim Downloads: free thinkorswim indicators chart studies scans and strategies

ThinkOrSwim Downloads Master List of FREE ThinkScripts!

Check out this HUGE list of free ThinkOrSwim downloads and thinkScripts! With most of the indicators and studies I program for my trading, I put a lot of time and energy into them in order to make sure they’re professional quality and offer a premium value — that they’re not just rehashing old chart studies that are already available, and have options that traders can use to customize them to their own trading. But there are also a lot of good free thinkScripts out there that do useful things too. And I do get asked about where to download free thinkorswim indicators from time to time, so in true Josiah fashion, I decided I wanted to deliver and go massively above and beyond in providing value, even for something that is completely FREE!

What This Is

This post contains a massive collection of free thinkorswim downloads that the authors have made available without charge on the web through the ThinkOrSwim sharing platform’s special sharing links feature. These thinkScript downloads are not my own, so I don’t warrant or offer any kind of support for them. And I’m not hosting them on my own site, I’m only linking to the downloads on TD Ameritrade’s servers where the authors posted them for free. But I wanted to provide a good one-stop resource for people looking for free thinkorswim resources, custom quote columns, scanners, chart studies, technical indicators, and strategies for the thinkorswim platform, and this list should definitely do that for you!

How to Install thinkScripts and ThinkOrSwim Downloads – First Things First

To install ThinkOrSwim downloads and indicators from these links, there are 2 options: either click the link and then the green button on the next page, OR simply copy the link, select “Setup” on the upper right of your ThinkOrSwim application, and select “Open shared item…” Then paste in the link and open it that way. Sometimes the first method doesn’t work depending on how you have your app installed, so sometimes the second method is the best way.

Download Custom Scans & Scanners for ThinkOrSwim

Download ThinkOrSwim Custom Indicators & Studies

Download Random ThinkOrSwim Studies and ThinkScript Indicators
Download Mobius’ ThinkScripts for ThinkOrSwim

Download Think Or Swim Quotes & ThinkScript Custom Columns for MarketWatch, StockHacker, and Sidebar Watchlists

ThinkOrSwim Downloads – Scripts for Stock, Options, Futures and Forex Trading Strategies

Download The Complete ThinkOrSwim SwimLessons ThinkScripts Archive

All of the past SwimLessons about ThinkScript have been archived for download, and here is the complete list courtesy of TOS Support. It’s an incredible wealth of thinkScripts that should keep you busy for awhile!

ThinkScript Watchlist Custom Quote Columns – Download Below
ThinkOrSwim Downloads of Chart Studies / Indicators / Alerts:
Download ThinkOrSwim Scans / Scanners & Stockhacker ThinkScripts

IMPORTANT: after you import any Scan, go to Scan tab and click on top right menu icon to select the saved query.  Then edit the filters and add any extra filters, and select watchlist of symbols with liquid options top left Scan In.  Now click on top right menu icon and Save Query to save your changes.

Hopefully you found some goodies buried in this huge list of Thinkorswim download resources.