iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

After Hours Game Plan

Later today we’ll do some follow up work on the sentiment cycle chart in comparison with the lower time frame on the markets, and how that helped position us for a rally today.

There are also two industries I am anticipating to get red hot, real soon – along with analysis of the best trade candidates within both groups.

I also want to show how those of you who do not use thinkorswim, can use stockcharts for volume profile analysis.

See you After Hours,

OA

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34 comments

  1. ryans

    OA,
    Having the same problem that others were when importing the code into ThinkorSwim for the Stochastic. When the code is loaded its not showing the 3 lines at the bottom but red and green arrows. Any ideas for fix?

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    • CF4

      Encountered the same problem, am using the existing Volume Profile study for now..

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  2. StocksRider

    Love the AH service. Having some issues with payment. I have emailed Admin, waiting to hear back. Is there an email address other than [email protected] that I can also forward my issue to?

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  3. Option Addict

    Try this code, remember…

    Studies, edit studies, new, paste, save.

    declare lower;

    def over_bought = 80;
    def over_sold = 20;
    input ShortKPeriod = 5;
    input ShortPercentK = 3;
    def priceH = high;
    def priceL = low;
    def priceC = (high+low)/2;
    input smoothing_period = 3;
    input MidKPeriod = 17;
    input MidPercentK = 5;
    input LongKPeriod = 28;
    input LongPercentK = 14;

    def Sc1 = priceC – Lowest(priceL, ShortKPeriod);
    def Sc2 = Highest(priceH, ShortKPeriod) – Lowest(priceL, ShortKPeriod);
    def SFastK = Sc1/Sc2*100;

    def Mc1 = priceC – Lowest(priceL, MidKPeriod);
    def Mc2 = Highest(priceH, MidKPeriod) – Lowest(priceL, MidKPeriod);
    def MFastK = Mc1/Mc2*100;

    def Lc1 = priceC – Lowest(priceL, LongKPeriod);
    def Lc2 = Highest(priceH, LongKPeriod) – Lowest(priceL, LongKPeriod);
    def LFastK = Lc1/Lc2*100;

    plot STF;
    plot MTF;
    plot LTF;

    STF = Average(SFastK, ShortPercentK);
    MTF = Average(MFastK, MidPercentK);
    LTF = Average(LFastK, LongPercentK);

    STF.setDefaultColor(color.green);
    MTF.setDefaultColor(color.blue);
    MTF.setLineWeight(2);
    LTF.setDefaultColor(color.red);
    LTF.SetLineWeight(3);

    plot OverBought = over_bought;
    OverBought.setDefaultColor(color.DARK_GRAY);

    plot OverSold = over_sold;
    OverSold.setDefaultColor(color.DARK_GRAY);

    LTF.AssignValueColor(if LTF 80 then color.orange else color.reD);

    plot MidLine = 50;
    Midline.SetDefaultColor(color.white);

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  4. vot4pedro

    OA

    Is the After Hours service included in your current trading service?

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  5. vot4pedro

    Yes Trading Addicts service (I’m a sub). Ok understood.

    Regarding the above TOS chart code, is this the same chart you use in your daily videos for Trading Addict service?

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  6. jtourist36

    what is the password for today’s webinar?

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  7. dopke

    What considerations do you make in terms of your “YOLO” trades for when to exit? e.g. Today PCLN took off and went straight to about the 940-945 range. Besides volume profile, what can assist in determining price taking levels?

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    • Option Addict

      A target price assists me where to take profits. Continued weakness, or predetermine price level below triggers exit with a loss.

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  8. positivecarry

    OA, do you know if the code for your indicator can be applied in TC2000? It’s the chart program that ChessNWine uses.

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  9. diana2010

    OA, Came across YPF in a vol squeeze screen and realized it also fits your criteria.

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  10. TheOSU

    How do I get yesterday’s replay ?

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  11. juice

    Jeff, not sure what I’m doing wrong with putting your code in TOS charts. Absolutely nothing comes up. I copied, pasted, saved(hit OK). Then when I try to add study to my chart, absolutely nothing comes up. If you have any suggestions, thanks.

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  12. UncleBuccs

    Juice, the above code does work, but it does take a small edit provided by the poster below, “UpsideDown”.

    Here’s how it worked for me:
    1) I copied and pasted OA’s code.

    2) I noticed that the following line at the bottom of the code was high lighted in red :
    LTF.AssignValueColor(if LTF 80 then color.orange else color.reD);

    3) I copied UpsideDown’s code:
    LTF.AssignValueColor(if LTF > 80 then Color.RED else if LTF<20 then Color.GREEN else Color.ORANGE);

    4) I deleted the old line and pasted in the new, applied, saved and all that – bingo – it worked. BTW I believe that OA has this named as "Cluster Signals".

    Good luck

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  13. kim

    No video (audio only) on recording on last night’s replay – anyone else having this problem?

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  14. adamjam

    anyone holding YGE through earnings? The Q2 preliminary data was good and if TSL is anything to go by..

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  15. UncleBuccs

    Kim, the video played like butter for me.

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  16. kim

    Thanks Tom, Buck, have restarted browser and tried both Chrome and Firefox – still no video. I’ll have my IT guy check things..

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  17. UncleBuccs

    Kim, fwiw, I’m using Chrome, but the replay pops up in Windows Media Player…

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