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UPDATE: MACD Divergence Indicator for Think or Swim
This has been a long time in coming. My family life has been in upheaval for a couple years now. I finally had a bit of time so I wanted to get this done. Thanks for staying with me. Many people...
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Multi-Divergence Indicator for Think or Swim: MACD, RSI, CCI, On Balance...
I figured out a way to combine all my divergence indicators into one single study. The new Multi-divergence script uses slopes of linear regression lines just like in the new MACD divergence...
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Multi-Divergence Scan for Think or Swim: MACD, RSI, CCI Divergence in Your...
In my Multi-Divergence indicator, there is logic used that breaks the study filter when you try to use it in a scan. So I made a new indicator specifically for scanning by limiting it to only use MACD,...
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Example RSI Divergence Trade Setup: $TSLA (Tesla Motors Inc.)
All indicators are only a method to repackage complex information in a simple and repeatable way. I have said before that divergence indicators (like my own Multidivergence Indicator) are not good...
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Update: Multi-Divergence Indicator v2 for Think or Swim (MACD, RSI, CCI, On...
I’ve made an update to the Multi-Divergence indicator. No more arrows! It’s now a lower histogram that gives you a picture of whether the divergence is increasing or decreasing, and also the size of it...
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ProSwingVWAP: Combining Swing Points with volume-weighted prices to define...
Hello, it’s been a long time. Life finds a way to get you off track. I’m trying to get things here up and running again. This is something I was working on a long time ago, and I just re-visited it...
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ProSwingVWAP Chart: $SPY
At Friday’s close, the $SPY closed below the short ProSwingVWAP level (see 1 in the chart below). Today, it gapped down big (2 in the chart below). This is the kind of thing I’m looking for, and I’m...
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A Look at a Few Charts Right Now
Going into August is the time I have historically lost the most in my trades. I overtrade and try to push something through when the markets are in a choppy, listless environment. So one of my rules is...
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SwingVWAP trade: $BYND
Here’s another trade I just closed out as I’m unwinding for my August shutdown. I went long $BYND on a close above the upper SwingVWAP on July 16 at the yellow line. My stop was the low of that...
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A Look At a Few Charts: Revisited
As a follow-up to the charts I posted before my annual August hiatus, here’s what happened for each of those names. The yellow line in each of these charts is July 17, when I posted the charts before....
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