New ThinkOrSwim Trading Strategies Published
I’ve recently posted several strategy scripts to the website that identify quantifiable edges for my fellow traders. These ThinkOrSwim trading strategies can be traded standalone, or tweaked further and customized to fit an individual’s trading style. They can either be used to setup automated trading systems in other platforms, or traded manually within ThinkOrSwim and improved with price action trading principles. My most recent strategies are all listed under the strategies category on the site, and here’s a quick reference list:
- Cumulative RSI(2) Strategy
- Cumulative RSI(3) Strategy
- The VIX-RSI Strategy
- The VIX Stretches Strategy
- The Double 7s Strategy
- The TRIN Strategy
- The Short S&P Strategy
- Mean Reversion Gap Strategy, Scanner & Indicator Set from Adrian Manz at Trading Insight
- Wide Range Bar (WRB) Strategy, Scanner, and Indicator Set from Alphonso Esposito at TradeSmart University
Most of these strategies come straight out of Larry Connors and Cesar Alvarez’s book “Short Term Trading Strategies that Work,” and are specifically for trading the SPY, SPX, or ES futures. But these ThinkOrSwim trading strategies may also provide edges on other instruments, and you can test them on whatever symbols you like to trade, to see if they can be applied profitably there as well.
I hope these strategies are as intriguing to you as they were to me, and hopefully they will provide you a more quantifiable way to determine your edge in the market as well.