Using 1 Line of Code to Scan for Multiple Breakouts Signs | thinkScript Studies on thinkorswim

thinkScript Studies on thinkorswim | Michael Fairbourn | 7-12-24
Characteristics and Risks of Standardized Options. bit.ly/2v9tH6D
Today we discussed a breakout system example. As part of that discussion, we reviewed breakout code details along with underlying price patterns. We created a thinkscript scan that showed how to quickly search for possible breakouts over multiple timeframes. We also performed an end of market drill down and current paperMoney position review toward the beginning of the session.
Have a market idea, but you just can't find the tool to put it into action? Create your own custom indicator with thinkScript. Your education coach will build custom trading tools as you watch to help give you an understanding of creating and using scripts on the thinkorswim platform. Time to tinker with those technicals.
1023-3KVR
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction.
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Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy.
Breakout above 30 bar high: tos.mx/!dPHY1WCT
MACD: Positive Divergence: tos.mx/!QZee2RjH
MACD Momentum: tos.mx/!3WDSyMGa
Lows Column: tos.mx/!yPYPkmk9
DailyPLProfitLossOnChart: tos.mx/!iCB1MJc3
Average Price & Quantity on Chart: tos.mx/!Yqp7n1W7
Strategies Session 1 : ruclips.net/user/li...
Strategies Session P2: ruclips.net/user/li...
Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy.
TTM Squeeze Temporary strategy link: tos.mx/!EgIVojaN
TTM Custom Column: tos.mx/!AHR0bZX9
TTM Session One link: ruclips.net/user/li...
TTM Session Two link: • TTM Squeeze Coding Sig...
TTM Session Three link: ruclips.net/user/li...
#SchwabCoaching #TraderTalks #mikefairbourn #thinkorswim

[@rfbraunjr1]

Right on time! Thank you!

[@tradertalkswebcasts]

Glad it was helpful! ^MF

[@wmbrice]

Good stuff, Michael, thank you!

[@tradertalkswebcasts]

Glad it was helpful! ^MF

[@richardjudge2322]

Thank You Michael

[@tradertalkswebcasts]

Welcome! ^MF

[@sjsphotog]

Thanks Michael. Good info. Keep up the good work

[@tradertalkswebcasts]

Thanks, Glad it was helpful! ^MF

[@KQQLCHEV]

MCD is near the 200 MA also 😎

[@tradertalkswebcasts]

Nice catch! ^MF