Use this indicator in combination with the Position Size Calculator for thinkorswim for super fast calculations and fast entries! This download includes both the bullish and bearish TOS scanner code so, in addition to being alerted to the charts on your grid, you can keep scanning for new setups!
Available user settings and defaults:
bias: Long or Short. Default Long
ignitor multiple: Default 2.0
ignitor vol multiple: Default 2.0
ignitor close percent: Default 25
look back period: Default 10
bar two ignitor percent: Default 50
trigger range min: Default 90
trigger range max: Default 110
show arrows: Yes or No. Default No
alert sound: No Sound, Ding, Chimes, Bell, Ring. Default No Sound
Note: The question mark bubbles that appear beside each setting after installation contain descriptions
U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.