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New Relative Strength Candles indicator, plus updates to Big Levels & Premarket Levels

Thinkorswim Sector Relative Strength Comparison
Thinkorswim Relative Strength Candles MAs Slope
Thinkorswim Relative Strength Candles MAs Slope

This week I released one of my new favorite studies, Relative Strength, which instead of plotting relative strength as a basic close line graph, it can plot it as a candle chart or a bar graph, so you can trade relative strength price action. It also includes a bunch of extra features that the normal line graph study doesn’t have, such as moving averages, 4 breakout/breakdown signals, 6 bullish and 6 bearish divergence signals over multiple periods, etc. Check it out here.

I’ve also posted some updates to both Big Levels and Premarket Range to add optional summary labels to each one. That way you can use them just to display information on your chart, without any lines, or you can use just the lines, or you can use both together.

Thinkorswim higher timeframe daily weekly levels labels
Thinkorswim higher timeframe daily or weekly levels

As always, prior purchasers get upgraded for free, so just log back in to your My Account > Orders page, and click the green “View” order details button beside your old order. The new links should be there waiting.

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New Version of Pre Market High Low Range Indicator Released

Premarket Range Indicator for Thinkorswim - Aftermarket Only Mode

An all new overhaul of the Premarket / Aftermarket / Overnight (Extended Hours) high-low range indicator is available here.

The new release includes lots of new features:

  • Switch between after market, pre market, and combined overnight / extended hours.
  • Choose to turn on/off any of the new extension levels.
  • Choose to show shaded areas between any of the levels.
  • Use custom alerts for when prices cross any of the levels.

Find out more and purchase the download here:

https://easycators.com/thinkscript/pre-market-high-low-range-indicator-scan/

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How to Customize the ThinkOrSwim PreMarket Gap Scanner’s Parameters

 

Premarket Gap Scanner for ThinkOrSwim:
http://easycators.com/product/premarket-gap-scanners-for-thinkorswim/

This video shows how to customize the volume, average volume, price ranges, and average true range / ATR parameters for my Pre-market Gap Scanner package for ThinkOrSwim.

Every trader is different, and we each focus on different types of stocks. Maybe you like playing opening drive momentum trades on low-float stocks early in the morning. Maybe you’re looking to play the first pullback on a trend day. Or maybe you’re looking for 1-2-3 patterns on 2 and 5 minute charts.

All of these plays might require different volume, average daily volume, and average true range requirements when you’re scanning for gaps in the pre-market. So this video will walk you through how to change and customize those settings in ThinkOrSwim, without having to do any coding in Thinkscript.

Find out more and purchase the scanner at this link:
http://easycators.com/product/premarket-gap-scanners-for-thinkorswim/