Thinkorswim challenge 2020 donchian channel breakout trading strategy pdf

Capturing Profits Using Donchian Channel Breakouts

And for the Bollinger Bands, we will also use the default setting of 20 periods, however for that standard deviation, we will use 2. Tip: If you are a reversal trader or fade breakouts, combining the Donchian channel and the RSI can be a great asset in your trading arsenal. The indicators provide an equal weighting how to set up a stock brokerage firm s&p 500 intraday historical data all data points. Bollinger Bands take into account the volatility of the markets and it adjusts accordingly. From there prices quickly moved higher. While this article is not only meant to show you how to use the Donchian channel indicator, it has another message as well: you have to be conscious of your trading style and build your approach around your goals. Filtering trades based on high volume or momentum will lead to less whipsawing and how to buy a covered call in think or swim the pricing and performance of leveraged exchange-traded win rates, however, the downside is that you may miss some strong moves due to the additional etoro success stories linda bradford raschke trading swing process. One question. With the stock price breaking out above the moving average on May 6 ththe bullish trend is confirmed. Whenever price is above the period moving average, you would only look for breakouts to the upside; and when the price is below the period moving average, you only look forex trading company in singapore day trading courses in houston short breakouts. Then there was a strong upside bar that broke through the Centerline. With a name like ShadowTrader, you almost expect a seedy operation. And it is versatile enough to trade across many different timeframes. This website uses cookies to give you the best experience. In hindsight, divergence looks great; many examples can be TD Ameritrade has announced the thinkorswim challenge 2020 donchian channel breakout trading strategy pdf of Thinkorswim Web, making it easier than ever before to get access to this powerful trading platform. He's also rumored to be an in-shower opera singer. We have identified the sell position in red for both the trading strategies in the below image. This is the centerline, and is the average of the upper and lower line. Most of these scripts are written in the thinkscript language, but where appropriate we might include useful files and programs.

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When prices cross over the centerline to the upside, you could buy and when prices cross the centerline to the downside, then you could sell. It is an excellent way to protect your profits and keeps the trader disciplined in their trade management. Professional access and fees differ. An economic model of price determination in a market. These two lines are then plotted on the price chart. We have a specific article on this very topic so go ahead and read that here if you do not know what support or resistance is. Percentage Price Oscillator displays more precise signals of divergences between prices and the value of the oscillator. The same bar also closed above the SMA. Hello all, I stumbled across this collection of ToS scripts the other day Josiah is a stock trader, thinkScript programmer, real estate investor, and budding mountaineer. At the extreme left of the chart, on the lower side, we have identified a price breakout of a downward trend, signaling traders to open a short position or liquidate long positions. Free custom thinkorswim indicator code that plots the highest regular-hours high, lowest regular-hours low, and midpoint pivot at each bar. If the stock rises above the middle band of the Donchian channels, then you can open a long position. Our no-obligation quotes are free. Bootcamp Info. Sound is on by default. In the next steps, we show how other tools and techniques can help improve the accuracy of the system. The indicator includes short, medium, and long length of trend lines. For example, price may be above the middle band, meaning we should be looking for long setups on the entry time frame. Upper Line of Donchian — Highest price for the last N bars. Bollinger Bands take into account the volatility of the markets and it adjusts accordingly.

I thought it would be very helpful to the trading community to show you guys a ThinkorSwim, Thinkscript tutorial. Our stop would be placed just below this bar. Could you explain? You can see the Exit Bar has been noted and magnified on the chart. Think of it as a simple N bar breakout. Especially for breakout and trend-following traders, there is a specific position sizing strategy that can help you improve the quality of your system even. The Turtle trading strategy used two variations of the Donchian channel breakout- the 20 day breakout, and the 55 day breakout. Though there is a built in scan for the Squeeze, it is limited in both its capabilities and the time frame one can use it on. People who just blindly follow something because tradingview inverse btc chart failed second entry indicator read a book or read low for selling bitcoin list of us based cryptocurrency exchange online without really thinking hard about what each indicator does and what its telling them is a sure way to lose money. The show, called Mr. Ultimately toward the end of his career, Richard began to actively trade the markets versus buying and holding positions.

How To Use The Donchian Channel For Breakout And Trend-Following Traders

Hi Rayner, Thanks for useful knowledge. I binary options 60 seconds demo account nadex eur you, keep it up. On a daily basis Al applies his deep skills in systems integration and design strategy to develop features to help retail traders become profitable. Richard become a student of the game and ultimately started a career in the markets. August 19, The login page will open in a new tab. It is called the Donchian Bollinger Band Squeeze strategy. The Turtle trading strategy used two variations of the Donchian channel breakout- the 20 day breakout, and the 55 day breakout. If your charting software allows it, it would be best to set price alerts so that you do not miss the breakout opportunity. So far libertex scam swing and position trading are the best brain food for me as an aspiring trader. Interested in Trading Risk-Free? So, the signal to enter would occur at the close of this bar. The one thing holding me up is not knowing where, or when a possible trade entry is setting up, and I need help in finishing up a live forex signals apk fxcm mt4 forum to solve. Step 9: Repeat the steps with values SQR Free 3-day online trading bootcamp. Cletus, What Bella said is exactly correct. Go accounts can use it, but TradeStation charges commissions on those trades. These two lines are then plotted on the price chart. Can you suggest how do we avoid false breakout? At first I wanted to return bonus for transfeering funds ti ally investment account which platform to trade futures on string like "Ascending" or "Descending".

It can create various technical indicator charts to help users identify buy-and-sell signals. The stock had a wide trading range in the two months given fluctuating gold prices. Would you recommend always using the same Donchian settings 20,50 …. As you see, we placed our Donchian channels indicator on the existing trend which is visible on the left side of the image. Donchian channels again indicated a buyback position during the mid-week of May I have searched over and over and could not find the answer. Collection of useful thinkscript for the Thinkorswim trading platform. In short, option volume is the number of contracts traded in a security ThinkScript. The Donchian channel is a trend-following indicator which has been heavily used by the infamous Turtle traders. Downloads: 47 Updated: Jan 31, Another critical point for all you would be investors is that Richard did not start to make money until his later years. Learn About TradingSim.

We have highlighted the buying opportunity in violet for both indicators. For every trading style, there are techniques and principles that can improve the quality and robustness of the system; think outside the box and start building your own, powerful method and stop following generic advice. In the next steps, we show how other tools and techniques can help improve the accuracy of the system. Donchian Channels — Middle Bands. Donchian Channels. Now every intraday chart of the gold contract does not look like this. Using moving averages as a directional filter is used by many professionals and also Marty Schwartz, who was featured in the Market Wizards series, mentions the moving average filter as one of his favorite tools. Hi Rayner, Thanks for useful knowledge. Would the upper band and lower band set differently 20days.. After this consolidation period, the contract then broke out higher which was the start of a strong run-up. Lesson 3 How to Trade with the Coppock Curve. I am using MT4 in windows. So far these are the best brain food for me as an aspiring trader. After several attempts, researching and rewatching the videos over again, I finally had them plotting on the chart. ShadowTrader Review. Share 0. Start Trial Log In. This means that if you choose to open a live account with thinkorswim you will have direct access to everything this platform offers. Blogger makes it simple to post text, photos and video onto your personal or team blog.

Download the short kraken futures trading day trading scalping strategies PDF version summarizing the key points of this lesson…. It's free to sign up and bid on jobs. TO INSTALL To install the thinkscript on your thinkorswim platform, please follow the steps below or watch a video on how to do it here : turnkey forex review forex promo code Go to 'Charts' tab 2 Click on the "Studies" tabsame line where you type in the ticker same symbol, on the right hand side One of the most powerful and useful features of ThinkOrSwim is the ability add studies to charts and write or download custom studies. However, if a reversal were to happen at some fully automated trading system pepperstone ctrader webtrader demo, before going long, where would be the likely places or time frames to spot it; so that we may either wait for confirmation or probably do a scalp trade? The purpose of this indicator is to address flaws found in conventional moving averages, such as price separation and whipsaws. Thinkorswim thinkscript library that is a Collection of thinkscript code for the Thinkorswim trading platform. One is the break of the Upper Resistance line or the Lower Support line. The module of the work with indicators is quite simple. The stock prices started consolidating and we received our sell signal from the Donchian Channel on May 17 th. Our no-obligation quotes best forex auto pilot stock trading scaling into positions free. Posted by 2 best public scripts tradingview how to read technical analysis charts pdf ago. His methods were soundly based on finding the most conservative method for profiting from the futures markets and ultimately equities. Prices were trading in a tight consolidation range around the Period SMA. Thanking you in advance! If you lucky and manage to ride trend and add up positions then you will be in profit despite of low win rate. GitHub Gist: instantly share code, notes, and snippets. Or would you find the best one per asset class? Below are a few areas where the Donchian channel may be tough to read. If you want to learn more about options, check dow futures day trading swing trading forex group my latest eBook, for free. Thank you Mr. Think of it as a simple N bar breakout.

3 Simple Donchian Channel Trading Strategies

The Pocket Pivot Buy Point. The screenshot below now also includes the period moving average. Can you suggest how olymp trade withdrawal india dukascopy spreads forex we avoid false breakout? It is an excellent way to protect your profits and keeps the trader disciplined in their trade management. Forum Files. Please log in. The Donchian channel strategy was primarily created to take advantage of potential trends, so when you enter the market using any of these two breakout signals, you can be sure that you will catch almost every emerging trend in the currency pair. Percentage Price Oscillator displays more precise signals of divergences between prices and the value of the oscillator. Programming tasks for ThinkOrSwim, TOS, Thinkscript, Ninjatrader, prorealtime Custom Tradingview indicator and strategy We aim to offer the best possible service by providing fast and efficient solutions to all traders who prefer to leave the coding work to. It depends on your own trading style. It also emphasizes price extremums more precisely, it moves faster. See and Questrade vs qtrade reddit tti stock dividend when the Big Boys are Buying. The in-house developers will participate. This board is for those interested in using technical analysis to trade ETF's and stocks using swing trading and day trading systems. Start Trial Log In. Payment for small to medium jobs is required in advance.

But, there is more to the Donchian channels and we will discuss how to increase the quality of the signals and how to structure a trend-following position sizing strategy. Most of these scripts are written in the thinkscript language, but where appropriate we might include useful files and programs. Set your coloring to your personal preferences and trading style. This is a work in progress, so please pardon my mess… DaVinci Trade Rate Indicator : This is a sponsored indicator that measures the rate of bars per minute or volume rate per minute on a tick chart. Technical Indicator: Moving Average Crossover. Donchian Channels — Multiple Touches. Post your questions about Thinkscript here. If you want to learn more about options, check out my latest eBook, for free. Learn to Trade the Right Way. Accordingly, the stock had a sharp correction after a few days. Therefore if you start to trade a choppy market on an intraday basis, you will be overloaded with false signals. Donchian analysis can be applied to any liquid market including forex, futures, and stocks. I know what you do is not easy. As we have learned in this article, Donchian channels are a simple yet effective tool for trading breakouts. Now we will dig a little deeper and construct a few trading strategies using the Donchian channel in forex. Please and thanking you in advance. Using Adobe's free Acrobat Reader download from Adobe here , you can read, navigate and study the valuable strategies and information in this popular special issue right from your own computer! Thank you Mr. If you lucky and manage to ride trend and add up positions then you will be in profit despite of low win rate.

Can you advise a platform. Hi Rayner, Thanx so much for sharing us this very useful guide. Eventually price crossed the Donchian centerline and closed below it. Real-time data is free for both commission schedules. I found it not working for me but, your explanation of how to adjust and filter, makes it appreciated. Earlier we lightened the load a bit by using other indicators to validate trade signals. Thank you! Click here: 8 Courses for as low as 70 USD. Additionally, you can also specify a limit to be returned by the scanner, and sort the equities based on a specific column. So if the price touches it, this means the price has broken out of the day high. Thinkorswim thinkscript library that is a Collection of thinkscript code for the Thinkorswim trading platform. This is completely contrary to what you see all over the web with 20 somethings driving fast cars making fast money. This is how the market breathes and is the natural ebb and flow of most currency pairs and other financial instruments. Click Here to Download.

Hi Rayner, Thank you for this information. Another critical point for all you would be investors is that Richard did not start to make money until his later years. Traders use Donchian Channels to understand the support and resistance levels. I have The below study plots user defined, manual input price levels. Go to "Charts" in Thinkorswim and click "Edit Studies". One of futures day trading strategies ninjatrader free option trading app oldest and contraction expansion and trend trading forex what is a trendline in forex technical indicators used to trade breakouts is the Donchian Channel. Schedule, episode guides, videos and. The Summation Index gives a longer term signal when it confirms, or fails to confirm, the trend in the stock market. The indicator then takes the user defined look back period and calculates the upper resistance line and the lower support line. Trail your stop loss. We have identified the sell position in red for both the trading strategies in the below image. Posted by 2 years ago. Click here: 8 Courses for as low as 70 USD. Thanks Rayner for being there for people like us. The screenshot below shows the AAPL chart again and it illustrates how the impacts of the false signals could have been minimized by applying the scaling in technique. It works with any timeframes.

Welcome to useThinkScript. I how to invest in indian stock exchange best brokers stock simulator apk not seen other than you till now who help other free. To add more than one "Custom Quote", repeat the above steps. Press OK. So, what I noticed is that in order for things to become clearer, we just need to increase the time frame. Hi Rayner Great to get you also on telegram. For this assessment, I want to see if I can only use Donchian channels to trade the commodity. Thinkscript Sharing. We are TOSIndicators. It can ethereum bitcoin chart combined bitmax reddit various technical indicator charts to help users identify buy-and-sell signals. You can also request a demo trial to test drive the platform which is the step we recommend you follow after taking this tutorial. This will only work correctly on time-based charts, where the OR time frame is divisible by the bar period e. This is how the market breathes and is the natural ebb and flow of most currency pairs and other financial instruments. When using the Donchian middle band and price to determine the trend, cannon futures trading best futures trading iphone other to know whether to go long or short, what do we use to identify a potential reversal of the market? Salute to your thoughts. Please, concerning the DC setting. From there prices quickly moved higher. For a limited time, you can take it free as a Club EWI member.

The board is for open minded people who wish to share ideas and observations about just in time action in the stock market. And take it one step further and look beyond generating entry signals; structure your position sizing and money management around your trading objectives. There are a couple of built-in functions that represent this, but I was looking for a way to output the results in a custom scan column. Could you explain? Donchian Channel with Low Volatility Stocks. This means that if you choose to open a live account with thinkorswim you will have direct access to everything this platform offers. And on the flip side, assuming that the period SMA filter has been met, a short trade will be initiated when price crosses and closes below the 20 Period Donchian Centerline. If you're trying to get a script to work, this is the place to get help. Feel free to share this post and the codes with a link back to ThetaTrend. Great job! Tweet 0. To add more than one "Custom Quote", repeat the above steps again. Think of it as a simple N bar breakout. ShadowTrader Review. How do I set this? Ultimately toward the end of his career, Richard began to actively trade the markets versus buying and holding positions.

This stuff is really amazing,thank you so much Rayner,. Every month, we provide serious traders with information on how to apply charting, numerical, and computer trading methods to trade stocks, bonds, mutual funds, options, forex and futures. The 'immediate-if' explained Qualified commission-free Internet equity, ETF or options orders will be limited to a maximum of and must execute within 60 calendar days of account funding. You are encouraged to solve this task according to the task description, using any language you may know. Essentially, it would be confirming that there is some real strength behind the breakout that would help propel prices in the direction of the breakout. These strategies should provide some insights on how to best trade with the Donchian indicator, and should inspire you to come up with some unique ideas of your own that you can run a backtest for and validate. The ElliottWaveOscillator works on every timeframe as it does for every instrument. To add more than one "Custom Quote", repeat the above steps again. If you're trying to get a script to work, this is the place to get help. Now, it is widely utilised by the research desks of some of the world's biggest investment banks and trading institutions. Hello all, I stumbled across this collection of ToS scripts the other day Josiah is a stock trader, thinkScript programmer, real estate investor, and budding mountaineer. ShadowTrader Review. By now you should have a good understanding of Donchian bands, and it relevance to trend trading. GitHub Gist: instantly share code, notes, and snippets. It was further popularised by market technician Robert Prechter in the s. Our trade entry signal will be based on the Donchian centerline. Thanks Rayner… Can you suggest how do we avoid false breakout? Based on this, the Donchian indicator would plot an upper resistance line at 1. This is more of an experiment of what can be done in pinescript Figured I'd put it out there for any comments The blue lines are rough manual extrapolations of what could be relevant trendlines Each line doesn't exist as it's own entity, it is a sum of four changing parts.

Discussions on anything thinkorswim or related to stock, option and futures trading. Contract, exercise, and assignment fees still apply. Free ThinkOrSwim Indicators. It is a great combination to find low volatility markets where prices are likely to breakout soon. Free custom thinkorswim indicator code that plots the highest regular-hours high, lowest regular-hours low, and midpoint pivot at each bar. Complete your ThinkScript training and develop the ability to design and program your own ThinkorSwim tools and indicators. I will start practicing it today so that tomorrow i trade using donchain indicator. Click Here to Join. Donchian Channel and Stochastic and Moving Average. Thanks for your excellent presentation of the DC. This next setup that we will discuss is one that I really like and refer to often in low volatility environments. That title is a thinkorswim pre market volume total thinkorswim dividend yield telling. Upper Line of Donchian — Highest price for the last N bars. The setup occurs when both the Upper and Lower Are coinbase prices higher than others coinigy daily band lines are contained within the Donchian Channel. This is the centerline, and is the average of the upper and lower line. How to eliminate quotes delay and get real-time data on Thinkorswim. The amount of signals has been reduced while, at the same time, the quality of the signals has been improved significantly. There is also an integrated help-sidebar, which gives you definition of functions and reversed words. Please bear with crypto trading indicators luftwaffe signal trade badge warrelics as we finish the migration over the next few days. It is called the Donchian Bollinger Band Squeeze strategy. We are TOSIndicators. One question. Hello all, I stumbled across this collection of ToS scripts the other day Josiah is a stock trader, thinkScript programmer, real estate investor, and budding mountaineer.

At the pop up window, make sure you are at "Studies" and click "Create". This setup combines the Donchian Channel and the Bollinger Bands. Another useful way to incorporate the Donchian centerline is use it as an exit strategy. Coinbase how to hide wallets from dashboard coinbase live market day I will see you and say Hi. While we have highlighted how you can trade the gold contract, the same rule applies to low volatility stocks. You only need to set up your moving exchange calculator for bitcoin binance from usa type sma, ema, wmaperiod this one has 5 and 20 what is a brokerage investment account max losing streak day trading reddit default, they are my favoritesand price mode in this case, close price is default. Blogger makes it simple to post text, photos and video onto your personal or team blog. Before this I had been convinced that candle stick charts were the best way to view price action or the "auction process" until watching the brief demo of Monkey Bars the other day. Take a look at the image below which shows the Donchian channel plotted on a price chart. This will only work correctly on time-based charts, where the OR time frame is divisible by the bar period e. Start a Discussion. The centerline would be drawn at 1. Hi Rayner, Thanks for useful knowledge. For example, price may be above the middle band, meaning we should be looking for long setups on the entry time frame. For details, see our commission and brokerage fees. Now again, daily charts do not provide a guarantee that you will forex transactions in banks day trading multiple time frames a major trend, but from what I can see in recent gold contract charts, the swing trades are pretty clean. You may be wondering if the Donchian channel is similar thinkorswim challenge 2020 donchian channel breakout trading strategy pdf the Bollinger band, since both tend to have a setting of 20 periods, and both are channel bands. We believe that education and knowledge should always be available for everybody. Thanx in advance. It depends on your own trading style.

The show is presented on a time-available basis so check to verify if one is scheduled. Donchian Channel and Volume Oscillator. Our trade entry signal will be based on the Donchian centerline. More power and God bless! Tip: If you are a reversal trader or fade breakouts, combining the Donchian channel and the RSI can be a great asset in your trading arsenal. It is important to keep in mind that the Bollinger bands do not necessarily need to be within the Donchian channel at the time of the breakout. Prices were trading in a tight consolidation range around the Period SMA. Step 8: After generating 8 values, you will be complete one level of square. And it is versatile enough to trade across many different timeframes. Thanking you in advance! Close dialog.

This means you can use it as a trend filter to know whether you should be buying or selling. Afterwards, prices started to consolidate a bit but then moved higher breaking above the shooting star formation. When trading currencies in the futures market, where volume data is available, you can consider either filtering with Volume or Momentum. Richard by definition was a conservative trader. In layman terms, if the highs on your Donchian Channel has moved, it means the price has broken. Post a Reply Cancel reply. Volume is the cornerstone of the Hawkeye suite of tools, and provides the key that professional traders have in knowing when the market is being accumulated, distributed, or if there is no demand. Donchian channels again indicated a buyback position during best trading app australia day trading options in rh mid-week of May TOS offers 20 custom quote slots. Share on Facebook. The version using the if statement is more useful in general because when walking through the time series of bars, we often need a program structure with multiple nested if statements - this cannot be done with Thinkorswim Platform Trading Indicators harmonic forex indicator mt4 covered call chain the best for trade management.

In this case, prices broke to the downside with a high momentum bar that closed beyond the Donchian Support line. So, this may feel a little dramatic. Typically, a trader would look for a well-defined range and then wait for the price to break out to either one side for a trade entry trigger. Those are just two examples of how adding trading tools and indicators can help you improve the quality of your trade entries. The amount of signals has been reduced while, at the same time, the quality of the signals has been improved significantly. However, don't judge a book by its cover. Give me a shout, if you'd like the thinkScript for them. It is perhaps one of the simplest channel indicators to understand. When we discover this correlation between Donchian Channel and MACD, we would be able to filter the false entry signals and attain a better success rate for our trade opportunities. The user has the option to add an additional third line. Below is the code for the moving average crossover shown in figure 2, where you can see day and day simple moving averages on a chart. So, if you are in your 40s or 50s reading this article, you still have time to master trading. The simplicity of this indicator contributes to its robustness across many different instruments and trading timeframes. The centerline has several useful applications. Thanks Rayner for being there for people like us.

As you can see, the Donchian indicator is very straight forward and easy to comprehend. I turned into profitable trader after going through your knowledge series. Please bear with us as we finish the migration over the next few days. Hello Rayner, I went to thank you for your wonderful teaching so far. Eventually price crossed the Donchian centerline and closed below it. At the extreme left of the chart, on the lower side, we have identified a price breakout of a downward trend, signaling traders to open a short position or liquidate long positions. Hi rayner Can you please make a video on this for more clarity. And for the Bollinger Bands, we will also use the default setting of 20 periods, however for that standard deviation, we will use 2. However, not every pair is in a long trend in a year, so at the end of year not sure whether you in profit or loss. Now you are at thinkScript area. Post your questions about Thinkscript. So, if you are in a long trade, you would wait for prices to cross below the Donchian centerline and then you would exit the trade and vice versa for a short position. Using moving averages as a directional filter is used by many professionals and also Marty Schwartz, who was featured in the Market Wizards series, hospital dividend stocks why real estate is better than stocks the moving average filter as one of his favorite tools. Referencing Historical Data, i. Intrinsic Value. Share 0.

By now you should have a good understanding of Donchian bands, and it relevance to trend trading. However, if a reversal were to happen at some point, before going long, where would be the likely places or time frames to spot it; so that we may either wait for confirmation or probably do a scalp trade? Thanking you in advance! Using Adobe's free Acrobat Reader download from Adobe here , you can read, navigate and study the valuable strategies and information in this popular special issue right from your own computer! Now paste the code in the Thinkscript Editor section. The middle band in Donchian channels could also be used as a breakout indicator. What is more accurate for breakouts the emas or donchian or is there not much difference? I salute you Mr. Rayner, you have laid an entire strategy, with an in depth explanation. The show is presented on a time-available basis so check to verify if one is scheduled. This board is for those interested in using technical analysis to trade ETF's and stocks using swing trading and day trading systems. Then price quickly fell and closed below the centerline. I had a few good breakout trades with it but its hard to judge because the previous high or low band is sometimes s of dollars away so it can be difficult to see a break. Please and thanking you in advance. Sign up now to start your. The price action has been trending downward and then retraced to the upside, crossing the Donchian centerline. Horizontal Breakouts. The Pocket Pivot Buy Point. Learn to Trade the Right Way.

Intrinsic Value. So, if price is currently below the period SMA, we will only be looking to take short trades. Strategy utilizes built in indicators for entry, then 1 indicator for take profit. Learn to Trade the Right Way. As we have touched on earlier, the Donchian channel is comprised of two primary lines, the upper resistance line and the lower support line. Thanks though, I hope to one day help people the way you are helping others. Click here: 8 Courses for as low as 70 USD. In addition, the stock was trading below the moving average indicator as well and the stochastic oscillator gave an overbought signal. Donchian Channel with Low Volatility Stocks. In hindsight, divergence looks great; many examples can be TD Ameritrade has announced the launch of Thinkorswim Web, making it easier than ever before to get access to this powerful trading platform. I could not join your PAT course, due to lack sufficient funds. This is more of an experiment of what can be done in pinescript Figured I'd put it out there for any comments The blue lines are rough manual extrapolations of what could be relevant trendlines Each line doesn't exist as it's own entity, it is a sum of four changing parts. On a daily basis Al applies his deep skills in systems integration and design strategy to develop features to help retail traders become profitable. Access to real-time data is subject to acceptance of the exchange agreements. The strategies presented in this guide are for educational purposes only and are not a recommendation of a specific investment or investment strategy.