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AutoFibs updates

Just a quick note to let you know the AutoFibs has been updated a bit to include the ability to switch between having 100% at the high or 100% at the low, and a couple of updates that allow the “rolling periods” mode to use either a higher timeframe or the chart’s own timeframe. See the AutoFibs here and prior customers can access the update from the My Account / Orders area of the site by clicking the green “View” button next to their order to bring up the latest links.

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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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Updates to Weis Wave released, and new walkthrough video (finally! :-)

Thinkorswim Weis Wave and Ord-Volume Indicator Settings 1

Sorry it’s taken me so long to do an actual video for the Weis Wave & Ord-Volume indicator, but that is finally done now and released on the Weis Wave page and the Youtube channel.

I also released some small improvements to the behavior and settings and coloration options.

I’m currently working on some major improvements to the overall features including different methods for identifying waves instead of just the existing ZigZag method, as well as a more full-featured trend identification scheme, so keep an eye out for a beta of that to be released soon.

Meanwhile, check out the latest small update and video here.