Pre-market Gap Scanner for ThinkOrSwim

Description

Pre-Market Gap Scanner

What you get:

• Custom-programmed pre-market gap scanners that find TRUE gaps. (This is defined as low of prior day > last premarket price, or high of prior day < last premarket price). The built in gap lists can’t do this! The built in lists only find small changes from the CLOSE of the prior day which don’t mean as much for gap trading!
• Two (2) custom-programmed premarket scanners that automatically look for PRO or Tier 1 gaps. These are gaps forming in the opposite direction from the previous day’s movement (i.e., a gap down coming from a previous green day, or a gap up coming from a previous red day).
• Two (2) custom-programmed regular trading hours scanners that narrow the built in gap lists down to only the most high-quality gaps. This scanner takes the existing gap lists in ThinkOrSwim (that work only after the market has opened) and weeds out the garbage, narrowing the list down to only the best gaps that are likely to form great setups during the day.

Why you want it:

• Avoid hours of analysis … get a custom list of quality gaps delivered to you every morning without any work!
• Allows you to log in 15-20 minutes before the market opens, grab your watchlist, and then get back to important stuff like making your morning coffee!
• Whether you trade with ThinkOrSwim or just use it for its free data, charting, and scanning capabilities, these add-on scanner scripts will make your life easier!
• Buy it once and use if forever! I’m making my own scanners available to you without any subscriptions or memberships. This allows you to keep more of your monthly trading income for the things that matter in your life.

How to get it:

• It’s simple! ThinkOrSwim has a great “sharing” feature that lets users send each other their custom layouts, scans, indicators, and so forth.
• I’ll send you an email with special ThinkOrSwim sharing links that will automatically import the pre-market gap scans into your system.
• NOTE: Thinkorswim doesn’t allow ANY custom scans on the PaperMoney side of the platform, so these scans will only run on the real money side of the platform.

*** NOTE! Just Updated to Version 2.2! NOW INCLUDES EVERYTHING BELOW: ***

PRE-MARKET GAP SCANS (After Hours/Extended Hours)

1. Significant Gaps from High/Low (gaps fully outside of yesterday’s range)
   1. All Significant Gaps > X% From High Or Low
   2. Significant Gaps Up > X% Above High
   3. Significant Gaps Down > X% Below Low
2. Tier 1 Significant Gaps (gaps against the direction of yesterday’s price movement, and fully outside yesterday’s range)
   1. All Tier 1 Significant Gaps > X% from High or Low
   2. Tier 1 Significant Gaps Up > X% above High
   3. Tier 1 Significant Gaps Down > X% below Low
3. Gaps from Close instead of high/low (premarket movers that might still be within yesterday’s range)
   1. All Gaps from Close (instead of hi/low) > X%
   2. Gaps Down from Close (instead of low) > X%
   3. Gaps Up from Close (instead of high) > X%

REGULAR TRADING HOURS GAP SCANS

Gaps That Haven’t Filled Yet

1. Significant Gaps from High/Low (gaps fully outside of yesterday’s range)
   1. All Significant Gaps (+ haven’t filled) > X%
   2. Significant Gap Ups (+ haven’t filled) > X%
   3. Significant Gap Downs (+ haven’t filled) > X%
2. Tier 1 Significant Gaps (gaps against the direction of yesterday’s price movement, and fully outside yesterday’s range)
   1. All Tier 1 Gaps (+ haven’t filled) > X%
   2. Tier 1 Gap Downs (+ haven’t filled) > X%
   3. Tier 1 Gap Ups (+ haven’t filled) > X%

Gaps That May or May Not Have Filled

1. Significant Gaps from High/Low (gaps fully outside of yesterday’s range)
   1. All Significant Gaps > X%
   2. Significant Gap Ups > X%
   3. Significant Gap Downs > X%
2. Tier 1 Significant Gaps (gaps against the direction of yesterday’s price movement, and fully outside yesterday’s range)
   1. All Tier 1 Gaps > X%
   2. Tier 1 Gap Downs > X%
   3. Tier 1 Gap Ups > X%

Scans for each of these scenarios are now included with the package, along with the original version 1 scans mentioned at the top of this page. Read the full release notes for the update here.

All-In-One Gap Scanner Update [VIDEO]

 

Questions?

We’re always happy to answer questions, and full email support is provided with every purchase! We’ll make sure you get up and running. If you have questions, email us here or leave a comment below!