Monday, January 12, 2009

TOS platform layout

What kind of layout works for you? For me, it has taken a long time to perfect the layout on my TOS platform. Here's my main TOS window with all the lovely intraday indicators I mentioned
along with 1 minute charts of all the index futures. I have two 22" widescreen LCDs running side by side @ 1680*1050 resolution. That layout seems to fit perfectly and quite legible.

Thursday, January 8, 2009

Happy new year everyone!

Have you guys read about this? TD Ameritrade is buying up thinkorswim. We all know how
awesome TOS is! But TD Ameritrade? I definitely have my reservations about this company.
Back in the .com days, I had an account with Datek. Anybody remember that broker? They were
pumping out some cool trading tools at the time. Streaming quotes and real time portfolio management with Java applets. I was quite happy with them at the time. Then Ameritrade bought them out around 2002 I believe. After that, TD merged with Ameritrade. In canada at least, TD basicallly just converted all the Ameritrade accounts into the TD system. Believe me, that was the most horrible platform I have use. HTML interface, no streaming quotes and forget about real time streaming charts. Commision went up as well. Needless to say, I had to switch broker to the next less horrible broker Etrade Canada. That is a whole other horror story all by itself for another time.

Anyways, my point is let's all pray everything will remain the same especially the platform and the commission.

Thursday, October 23, 2008

I don't know how many of you guys follow Brett Steenbarger's blog. But he has been talking about this adjusted cumulative TICK indicator. I finally took the time to attempt to reproduce that. The graphs looks similar, but still off by a tiny bit.

Here's the code:

def previousdaysaverage = Average(((high("$tick") + low("$tick") + close("$tick")) / 3), 395);

plot data = TotalSum(((high("$tick") + low("$tick") + close("$tick")) / 3)) / 100 - previousdaysaverage;











Got this graph from markettells.com

Wednesday, August 20, 2008

Check out PennyStocker's blog for loads of TOS thinkscript indicators

http://hankachilles.spaces.live.com/

I have been using the TTM squeeze indicator myself.

Wednesday, December 12, 2007

Here's a simple script to see the VWAP (Volume weighted average price). To see a good approximation, you need to switch to the one minute chart since TOS doesn't provide tick data.

plot Data = TotalSum(Volume * Close) / TotalSum(Volume);

Thursday, November 29, 2007

Market internals

For those of you who follow Peter Reznicek on Shadowtrader broadcast, you should know how to setup the market internals. In case you don't, here's the video to do that.

Before thinkscript was available on the TOS platform, you can only see the Advance/Decline line seperately and try to guess what the net number is. Now, you can just do a very simple script to get the net A/D line to show up on the graph.

For the NYSE AD line, pull up a graph of $ADVN. Edit the studies and create a new study. In the text area, put this in:

Plot AdvDecLine = Close - Close("$DECN");

For the Nasdaq AD line, pull up a graph of $ADVN/Q. Edit the studies and create a new study. In the text area, put this in:

Plot AdvDecLine = Close - Close("$DECN/Q");