Description
Pre-Market High Low Range Indicator & Breakout Scan
The Pre-market High Low Range indicator for ThinkOrSwim does just what you would assume: it plots the premarket high and low as lines on your chart, both during the pre market hours and the regular trading hours of the day, or optionally only during the regular trading hours you specify.
You can specify if you want it to show the premarket range for today only, or all days visible on the chart. You can also easily change the line weight, style, pattern, and color. The indicator is made for use with intraday charts only, and you must have “show extended hours” option checked on the chart you want to use it on.
*** NEW! Improved version 2.3, 2.4, 2.5 just released! ***
New version includes labels! Now you can turn everything off and just show the numbers in labels if you want, or use all the features together, either way!
Easily switch the range source between either after market only, pre market only, or total extended hours mode with both after and pre market combined (full overnight hours).
The newest version now includes multiple support and resistance / extension levels above and below the pre-market range, each at custom multiples of the premarket range.
Show or hide any of the levels, and show or hide the clouds/shading between any of the levels.
Also includes optional alerts for when the current price is breaking through the premarket high, breaking down from the premarket low, or any of the other levels.
Now includes the ability to hide the lines during the premarket hours and only show them during the regular hours after the range has fully formed.
Moreover, the new package includes 2 Stock Hacker scans to find stocks that have just broken the premarket high or low, so you can quickly find and trade breakouts of these levels.
What You Get
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- Upper chart indicator showing the pre-market, after market, or total overnight / extended hours high-low range.
- Base the range on Premarket only, Aftermarket only, or combined Extended Hours / Overnight (aftermarket + premarket combined)
- Full control of plot style, color, etc.
- Specify trading hours for your particular instrument (stocks, futures, etc.)
- Turn on/off historical plots.
- Optionally show/hide the developing lines during the premarket hours and only show during regular trading hours if you choose.
- Columns
- Breakout column showing light green/red when the current bar is breaking out of the PM range, dark red/green when price is already above the PM levels, gray when within the PM levels
- Range location column showing dark colors when within the range and first S/R levels, and gets brighter as price moves to more extreme levels
- Scans – Already Above/Below Premarket High/Low Levels
- Stockhacker scan for stocks already above the premarket high.
- Stockhacker scan for stocks already below the premarket low.
- Stockhacker scan for stocks either above/below the premarket high/low (first 2 scan results combined).
- Scans – Breaking Premarket High/Low on the Current Bar
- Stockhacker Scan for stocks breaking above the premarket high.
- Stockhacker Scan for stocks breaking below the premarket low.
- Stockhacker Scan for stocks breaking either above/below the premarket high/low (first 2 scan results combined).
- Upper chart indicator showing the pre-market, after market, or total overnight / extended hours high-low range.
Pre-Market Range Indicator Walk-Through [VIDEO]
Premarket Range Screenshots
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!