Tag: new thinkscripts

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Updates to Percent Change from Open

Percent Change From Open indicator

I’ve just released some updates to the % change from open indicator/column/scan package here: https://easycators.com/thinkscript/percent-change-from-open/

Now it includes several other bonus scripts that weren’t there before:

  1. All new indicator showing percent change, dollar change, and ATR-multiple change from open (or any other starting price)
  2. Max % gained column
  3. Max % lost column
  4. Max % Gained or Lost column (based on closing direction)
  5. Column showing % of today’s bar closes that were above a chosen moving average (to sort a watchlist by relative intraday trend strength)

This is what the new indicator looks like:

Percent Change From Open indicator
Percent Change From Open indicator

 

Changes take effect immediately, and as always, prior purchasers get all updates for free in their My Account > Orders > View Order Details screen.

Love you guys, thanks!

-Josiah

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New Releases, Site Changes, Transparency

First things first: I’ve been lazy lately when it comes to the site, but mostly because I have an extreme one track mind and my focus lately has been on my own trading instead of maintaining the site. The good news is that over the past week I had a chance to get into gear and clean up some things around here.

I also finally got around to posting the new thinkorswim earnings tool I’ve been working on for anyone that’s interested in that. It comes with 2 columns that show the days until earnings, and the actual date of earnings, and then 2 indicators that show labels with your current charted stock’s earnings date and days until earnings, and highlight the chart’s background when you’re approaching the earnings release date. Here’s a quick example:

Next Earnings Early Warning Indicator Thinkorswim
Next Earnings Early Warning Indicator Thinkorswim

Secondly, I’ve posted some new thinkorswim tutorial videos on the Youtube channel and plan to try to post on there fairly often, so if you’re not subscribed go check out the Youtube channel. While you’re at it, I also have a Twitter, Facebook, and Google Plus page where I sometimes post coupon codes, trades, and product announcements and updates.

One other improvement I’ve been making around here is that I’ve been trying to incorporate my own trade journal into the site in case it can be of any help to any struggling traders out there. Trading is a tough business, and cutting losses is the primary job description, so sometimes my trading journal doesn’t look pretty. Trading is a statistical game where over a large sample of trades, if your system works, you end up with more funds than you started with. Not every trade will work — in fact most won’t, generally — which is why you have to trade with a good risk/reward ratio and a solid trade management plan. I make no claims to trading perfection, and that is why I’m sharing my trading journal … to keep myself honest and transparent, and to show traders that you don’t have to be right all the time to make money, you just have to work an edge consistently. So with that in mind, here are my latest trades, and they will also show up along the sidebar on the blog section of the website…