Daytrading Essentials Package

This package includes 10 programs created for the ThinkorSwim trading platform. Each is designed to increase your odds, lower your risk, save you time, and make trading easier. 

Higher Time Frame Moving Averages

Macro Candles

Extended Priceline

Horizontal Support / Resistance / Pivots

Diagonal Support / Resistance

Session Boxes

Big Money Volume Flow(Volume Optimizer)

Big Money Volume Spike

Custom Trail Stop 

Trade Size Calculator

Higher Time Frame Candles on Lower Time Frame Charts

This feature displays higher time frame candles on lower time frame charts by marking the high, low, open, and close of the higher time frame, and shading the body of the candle. It's perfect for day trading, as it allows you to see what the daily candle will look like without switching charts. Compatible with all time frames, it enhances your trading efficiency and insight.

Enhanced Price Level Visualization for ThinkorSwim

ThinkorSwim's default charts don't clearly mark the current price level, which can hinder your ability to see its relation to previous support or resistance levels. Our code extends a line from the current price level both forward and backward, helping you visualize its position relative to key levels on your chart. This feature makes trade analysis much easier and more intuitive.

Market Pivot Point Identifier and Breakout Signal Generator

This program automatically identifies pivot points in the market and draws horizontal lines to mark support and resistance levels. Say goodbye to manually drawing price levels on your charts. Major price levels are clearly marked instantly on every chart you view, saving you time and making trading analysis significantly more efficient.

By applying this code to your charts and adjusting the time periods, you can visualize long, medium, and short-term pivot points, creating a comprehensive market structure and allowing you to see patterns more clearly.

Additionally, this code includes its own breakout signals, generating entry points based on the breakouts of support or resistance levels. It can function as a standalone trading system, and when combined with FARSIGHT's Market Phase analysis, your trading odds become even more favorable.

Streamline your trading process and enhance your market analysis with this powerful tool.

Comprehensive Trendline and Pattern Analyzer

This program draws trendlines, patterns, and horizontal support and resistance levels on your charts. By applying this code twice, you can visualize patterns, trends, and support/resistance from multiple time frames on a single chart.

With all the tools in this suite, you can eliminate the need for multiple screens and focus on a single chart that contains all the information you need. Save valuable time on analysis and never draw a trendline manually again! This comprehensive toolset enhances your trading efficiency, allowing you to make informed decisions with ease.

Optimize Your Trading with Time Block Analysis

Most professional traders know that successful trading doesn't require all-day activity. There are specific times of day when trading odds are significantly better due to optimal market volume, volatility, and more predictable price action. These times can be broken down into five sessions: pre-market, morning market open, lunch lull, after-lunch rip, and aftermarket close.

This code allows you to specify time blocks during the day and marks the high/low prices within those periods, shading in the price action. For example, I use it to mark the optimal trading hours from 7am to 11am CST, and 1:00pm to 2:45pm CST. You can customize the times you want to highlight. This feature helps prevent overtrading and ensures you enter the market at the most advantageous times. Additionally, it allows you to easily spot recurring market patterns during specific times of the day that you might have otherwise missed.

Improve your trading efficiency and accuracy by focusing on the best times to trade, and make smarter, more informed decisions with this powerful tool.

Unveil the Power of Big Money Volume

The market doesn't move without volume—it's the fuel that feeds the fire. Big Money Volume offers a unique approach to reading volume, allowing you to see the flow of orders and money more clearly. By averaging volume over a period of time, it creates a graph at the bottom of your chart, presenting volume as a range and highlighting turning points when volume drops significantly or surges quickly.

Big Money Volume also shades volume candles to indicate large block orders, providing clues to the presence of large buyers or sellers. This feature helps you identify daily volume patterns, alerting you to the best trading hours for any given index. Ride the coattails of the big players and enhance your trading strategy with the insights provided by Big Money Volume.

Experience a clearer view of the market's movements and make informed trading decisions with this powerful tool.

Perfect Trade Sizing with the Trade Size Calculator

The Trade Size Calculator ensures you size your trades perfectly every time. Simply input your total account size, risk tolerance, entry price, stop-loss price, and target price, and the calculator will determine the optimal number of shares or contracts to purchase, keeping your risk tolerance in check. This tool works for stocks, futures, and currencies and displays the calculated trade size as labels at the top of your chart. Please note that it is compatible only with the Thinkorswim desktop platform.

Optimize your trading strategy with precise trade sizing and manage your risk effectively with the Trade Size Calculator.

Custom trailstop to help you exit the market when momentum drops. 

Follow the Big Players with Big Money Volume Spike

Ride the coattails of the big banks and other major market movers. Big Money Volume Spike helps you follow the money by analyzing volume and highlighting significant spikes where volume is much greater than previous candles. This tool helps you time your entries when larger players are influencing the market.

Typically, higher volume pushes the market down, while lower volume pushes it up. Large shareholders often use market tops and significant drops as opportunities to unload or load up shares to unsuspecting buyers. With Big Money Volume Spike, you can spot these critical moments and make more informed trading decisions.

Stay ahead of the market by tracking the actions of the true movers with Big Money Volume Spike.

Simplify Your Charts with Key Moving Averages

Avoid the clutter of multiple moving averages on your charts with our streamlined approach. While many moving averages can overwhelm your analysis, the 20, 50, and 200-day moving averages are truly significant and worth tracking. This code allows you to plot any moving average from any timeframe on any chart. You can even display daily moving averages on 1-minute charts, helping you identify crucial support and resistance points with ease.

Enhance your trading precision by focusing on the key moving averages that matter, without the unnecessary clutter.