Skip to content

Champion Reversal Indicator ThinkorSwim TOS Script

Rated 0 out of 5
(be the first to review)

$52.00

The Champion Reversal indicator identifies potential reversals by monitoring RSI, Bollinger Bands, and number of same-colored candles.

Category:

Description

Purchase Champion Reversal Indicator ThinkorSwim TOS Script Course at GiOlib. We actively participate in group buys and are committed to sharing knowledge with a wider audience. What's more, our courses maintain the same quality as the original sale page. You have the option to buy directly from the sale page at the full price (sale page link is provided within the post).

Product Description

Champion Reversal Indicator

The Champion Reversal indicator identifies potential reversals by monitoring RSI, Bollinger Bands, and number of same-colored candles.

Champion Reversal Indicator

Ideal for mean reversion trading

I would just like to ask if the eSignal indicator on this website can be done in TOS? It seems that the below criteria must meet to trigger the Arrow up/down (green/red) to show.

  1. I look for stocks hitting new highs or new lows
  2. I look for at least 5–10 consecutive 5min candles of the same color
  3. I look for RSI below 10 or above 90 to indicate extreme conditions

Also, would be nice if the first 5 minute candle making a new high vs previous candle (for bottom reversal) or new low (for top reversal) to change its color to yellow, to alert me to buy/sell respectively.

Please let me know. Thanks!

Yes, it can be done.

Note that I do not have eSignal; neither did I have access to the eSignal code for this indicator. My ThinkScript was reversed engineered based only on the screenshots and the written description at the link posted by the above requestor.

eSignal version

vs. thinkorswim version

This indicator marks potential reversals by checking the following default parameters:

  1. At least 5 same-colored candles in a row.
  2. RSI[5] is oversold (10) for bottom reversals or overbought (90) for top reversals.
  3. The reversal candle opens and closes outside of the bollinger bands.

All parameters are user configurable from the script settings panel.

If you want to be more aggressive, narrow the RSI overbought/oversold range or allow the reversal candle to be inside the bollinger bands.

I also added colored entry candles and initial stop levels.

Additionally, I have written a script for the stock hacker scan tool that will find stocks which are setting up for a potential reversal according to the criteria mentioned above.

This video shows setting up the scan, running the scan, saving the results to a watchlist, and saving the scan itself so it can be reused again later. In the video, I set the scan up for searching 5 minute charts. Other time frames may be used as well by selecting a different aggregation period from the drop down list.

Note: the video does not have recorded audio.

technical analysis Everything Else

How to understand about technical analysis: Learn about technical analysis

In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.

Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which,

being an aspect of active management, stands in contradiction to much of modern portfolio theory.

The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis, which states that stock market prices are essentially unpredictable.

Get Champion Reversal Indicator ThinkorSwim TOS Script – Anonymous , Only Price $55


Tag: Champion Reversal Indicator ThinkorSwim TOS Script  Review. Champion Reversal Indicator ThinkorSwim TOS Script  download. Champion Reversal Indicator ThinkorSwim TOS Script  discount.


Purchase the Champion Reversal Indicator ThinkorSwim TOS Script course at the best price at GiOlib. Upon completing your purchase, you will gain access to the downloads page. where you can conveniently retrieve all associated course files. Additionally, we will send you a download notification email to your registered mail.

Unlock your full potential with our Champion Reversal Indicator ThinkorSwim TOS Script courses. Our courses are meticulously designed to empower you with the skills and knowledge needed for excellence.

Why wait? Take the first step towards greatness by acquiring our Champion Reversal Indicator ThinkorSwim TOS Script courses today. We ensure a smooth and secure purchasing experience that guarantees your peace of mind. Rest assured that your financial information is safeguarded through our trusted payment gateways, Stripe and PayPal.

Stripe, renowned for its robust security measures, offers a secure and dependable payment process. Your sensitive data is encrypted using state-of-the-art technology, ensuring its confidentiality throughout the transaction.

PayPal, a globally recognized payment platform, adds an extra layer of security. With its buyer protection program, you can make your purchase with confidence, knowing that your financial details are protected, allowing you to focus on your learning journey.

Is it secure? to Use of?
  • Rest assured, your identity remains completely confidential. We do not share your information with anyone, ensuring the utmost security when you buy the Champion Reversal Indicator ThinkorSwim TOS Script course.
  • 100% Safe Checkout Privateness coverage
  • We employ robust communication and encryption methods to protect sensitive information. All card numbers are encrypted using AES at rest-256, and the transmission of card numbers occurs in a separate hosting environment, without sharing or storing any data.
How Will the Course Be Delivered?
  • Upon successful payment for the “Champion Reversal Indicator ThinkorSwim TOS Script course”, Most of the products will come to you immediately. But for some products were posted for offer. Please wait for our response, it might take a few hours due to the time zone difference.
  • If this occurs, kindly be patient. Our technical department will process the link shortly, and you will receive notifications directly via email. Your patience is greatly appreciated.
What Shipping Methods Are Available?
  • You will receive a download link in the invoice or in YOUR ACCOUNT.
  • The course link is always accessible. Simply log in to your account to download the Champion Reversal Indicator ThinkorSwim TOS Script course whenever you need.
  • You can study online or download the content for better results, making it accessible from any device. Ensure your system does not go to sleep during the download process..
How Do I Track Order?
  • We promptly update the status of your order following your payment. If, after 7 days, there is no download link provided, the system will automatically process a refund..
  • We love to hear from you. Please don’t hesitate to email us with any comments, questions and suggestions.

Reviews

There are no reviews yet.

Leave a customer review
Cart
Back To Top