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cbratton

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  1. I have a TOS account and did not know this. I looked at it agian and can't figure out how to plot option volume on a chart. Is there a code or is there someting I'm just not seeing. Please let me know how you do it.
  2. Does anyone know any site or software that will plot total option volume on a chart just like you would plot total volume on a chart (The bars at the bottom, for stocks mainly). I've looked everywere and I'm unable to do so. Option volume would be very good at finding tops and bottoms. Anyones know of any sources please let me know, for data, charts that would let me do this. Thanks
  3. I found this post on "A Successful Trader's Perspective on Price Action I Found to Share." interesting and have nominated it accordingly for "Topic Of The Month January, 2009"
  4. I'm having trouble intrepeting what this pattern means. It's Demark's Waldo Pattern Number Two. This is what I got out of the book (Demark Indicators): Pattern Two: The market records a fresh high or low for a move, but closes higher than the four previous closes (for a potential base) OR The market closes lower than the four previous closes (for a potential top) OR The close of the trend high is greater than the previous price bar, or the close of the trend low is less than or equal to the previous price bar AND A down close occurs after a high or an up close occurs after a low, and the close following the high is greater than the close prior to the high, or the close following the low is less than the close prior to the low. This is what I think it means a in more simple form: FOR A TOP: The market records a fresh high or low for a move ? AND closes lower than the four previous closes (for a potential top) OR The close of the trend high is greater than the previous price bar AND A down close occurs after a high THEN The close following the low is less than the previous low. FOR A BOTTOM: The market records a fresh high or low for a move AND closes higher than the four previous closes (for a potential base) OR The close of the trend low is less than or equal to the previous price bar) AND A up close occurs after a low THEN The close following the high is greater than the previous high But when I try to write a code it still seems wrong. Any Help?
  5. Does anyone know how to make an alert go off on a paintbar, does the chart have to be open for that stock or does Quote Tracker scan through the watchlist looking for stocks that meet the criteria? What I want is it to scan all of the stocks I have on the watchlist, and when a paintbar changes it sends me an email. I already have the email set up and alerts enabled, just having problems with the Quote Tracker sending emails when the paint bar changes. Any thoughts.
  6. Just go to Think or Swim. I've tried almost every broker out there and they offer the most for the least amount. They also have Think A.I. which is a artificial intelligence program that projects the direction for that day. All of their software is free with a funded account.
  7. Okay, I got it now. I tried putting parenthesis in, but it still didn't work. What I did was simplify the calculations, so now it works perfect. I don't know if you divided by 0.3 or the volitility unit formula. Thanks for your help.
  8. How did you get it working? Did you change it? Please let me know.
  9. This is what I have for the significantly Overbought: if (Bar High-SMA(5)) / (((Bar High[4]-Bar Low[4]) + (Bar High[3]-Bar Low[3]) + (Bar High[2]-Bar Low[2]) + (Bar High[1]-Bar Low[1]) + (Bar High-Bar Low))/5)*0.2 >8 set color to Red It still shows nothing on the chart. It might be to complex or the expression is incorrect, anyone else have any thoughts?
  10. Anyone, I've been trying to develop a code to have a value chart as a paint bar on Quote Tracker, but have been having trouble with making the code work. Here's what I have so far: if (Bar High-SMA)/0.3>8 set color to Red if (Bar High-SMA)/0.3>=4 AND (Bar High-SMA)/0.3<=8 set color to $B7B7F (Light Red) if (Bar Low-SMA)/0.3<=-4 AND (Bar Low-SMA)/0.3>=-8 set color to $B7FFB7 (Light Green) if (Bar Low-SMA)/0.3<-8 set color to Green For example, the top line if (Bar High-SMA)/0.3>8 set color to Red, is the bar high minus the SMA (5 Day (H+L)/2), that part works fine. The part I'm having trouble with is the 0.3 part. It is suppose to be what is called a volatility unit, which is figured by (((Bar High[4]-Bar Low[4])+(Bar High[3]-Bar Low[3])+(Bar High[2]-Bar Low[2])+(Bar High[1]-Bar Low[1])+(Bar High-Bar Low))/5)*0.20. I just put 0.3 in for now because that was some average I figured out. The 0.20 makes it adjust to changing volatility overtime. I try putting it all together and nothing shows up. I want to know when the highs or lows get to the overbought or oversold area, and shade them the appropriate color. This is what it is suppose to be for signif. overbought: (Bar High-SMA)/(((Bar High[4]-Bar Low[4])+(Bar High[3]-Bar Low[3])+(Bar High[2]-Bar Low[2])+(Bar High[1]-Bar Low[1])+(Bar High-Bar Low))/5)*0.20 > 8 It needs to be greater than +8. Does anyone see what I'm doing wrong, or is it even possible to figure it out. Any help would be appreciated.
  11. Has anyone created a code for Value Charts on the TOS software? Is it even possible? I found this code for Trade Station: [LegacyColorValue = true]; {Value Chart Indicators. And yes thanks and credits to David Stendahl, et al RFA is Relative Float Axis VU is Volatility Unit } Input: FixedBand(7.5), Length(7), sdLength(21 {89} {43}), StDv(1.61), {why?} bandType(2) //bType 0 = none 1 fixed 2 bb-like 2 Keltner-like (not implemented) ; // End Input Var: RFA(0), VU(0), RfaH(0), RfaL(0), medRfa(0), Avg(0), SDev(0), UpperBand(0), LowerBand(0) ; // End Var RFA = Average(MedianPrice, Length); VU = (Average(Range, Length))* 0.2; if VU = 0 then VU = 1; RfaH = (High-RFA)/VU; RfaL = (Low-RFA)/VU; Plot1 (RfaH, "VCHigh"); Plot2 (RfaL, "VCLow"); if bandType = 0 then begin // select case noplot(3); noplot(4); end; // if bandType = 0 if bandType = 1 then begin Plot3 (FixedBand, ""); Plot4 (-FixedBand, ""); if RfaH > Plot3[0] and RfaH[1] <= Plot3[1] then Alert( "UpperValueBoundTapped") else if RfaL < Plot4[0] and RfaL[1] >= Plot4[1] then Alert( "LowerValueBoundTapped") ; end; // if bandType = 1 if bandType = 2 then begin Avg = XAverage(RfaH,sdLength); SDev = StdDev(RfaH, sdLength); UpperBand = Avg + StDv * SDev; Plot3 (UpperBand, ""); Avg = XAverage(RfaL,sdLength); SDev = StdDev(RfaL, sdLength); LowerBand = Avg - StDv * SDev; Plot4 (LowerBand, ""); { if RfaH > Plot3[0] and RfaH[1] <= Plot3[1] then Alert( "UpperValueBoundTapped") else if RfaL < Plot4[0] and RfaL[1] >= Plot4[1] then Alert( "LowerValueBoundTapped") ; } end; // if bandType = 2 //keltner-like {if bandType = 3 then begin //medRfa = (RfaH - RfaL) / 2; Shift = Factor * AvgTrueRange( atrLength ) ; UpperBand = Avg + Shift LowerBand = Avg - Shift ... }
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