VBox Indicator ThinkorSwim TOS Script

(27 customer reviews)

$47.00

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Description

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VBox Indicator ThinkorSwim TOS Script

PRODUCT DESCRIPTION

I recently watched a video by Scott Landers which described a method by which he uses volume to determine significant areas of support / resistance on intra-day charts. His method seemed like it could be a useful tool to add to my intra-day trading strategy, so I wrote some code for it.

I recommend watching the video to get a better idea of what this ThinkScript is designed to do. The short version is that volume is an important indicator of market sentimentality and may be used as a tool to determine potential areas of support and resistance.

The trading day is divided into three sessions: morning (0930 – 1100), mid-day (1100 – 1400), and afternoon (1400 – 1600). The highest 5-minute volume in each session defines the greatest area of market interest and will show areas of significant support / resistance.

This indicator will work on 5 minute charts or below. The green boxes show the major areas from the morning session; gray boxes are from the mid-day session; and yellow boxes are from the late-afternoon session. The gray lines show the major support / resistance areas from the previous day.

The session colors may be adjusted from within the “Globals” section of the script settings panel.

The extension lines showing the areas of support / resistance from the prior day’s trading session may be enabled or disabled from within the script settings pane as well.

Additionally, I wrote a script that color codes the highest volume bars that correspond with each intra-day trading session.

Once again, the colors may be adjusted from within the script settings pane.

Delivery Method

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27 reviews for VBox Indicator ThinkorSwim TOS Script

  1. Emily Johnson (verified owner)

    I learned more from this course than I expected. Fantastic!

    1 product
  2. Alan (verified owner)

    The content was well-presented and easy to understand.

    1 product
  3. Nicholas Perez (verified owner)

    The content was high-quality and easy to understand.

    1 product
  4. Matthew Thomas (verified owner)

    I appreciated the practical examples included in the course.

    1 product
  5. Benjamin Butler (verified owner)

    I appreciated the real-world applications included in the lessons.

    1 product
  6. Paul (verified owner)

    The content was well-presented and informative.

    1 product
  7. Tyler (verified owner)

    The step-by-step instructions made it easy to follow along.

    1 product
  8. Erin Barnes (verified owner)

    I was impressed by the quality of the content. Well done!

    1 product
  9. Adam Rogers (verified owner)

    I learned so much from this course. The instructor’s knowledge is impressive.

    1 product
  10. Rachel Harris (verified owner)

    The content was well-presented and easy to understand.

    1 product
  11. William Evans (verified owner)

    The course was engaging and easy to follow.

    1 product
  12. Brandon Carter (verified owner)

    The course exceeded my expectations. Very comprehensive.

    1 product
  13. Dylan (verified owner)

    Great value for the price. Highly recommend!

    1 product
  14. Avery (verified owner)

    A fantastic resource for beginners. Easy to follow and very informative.

    1 product
  15. Zane (verified owner)

    I appreciated the practical examples included in the course.

    1 product
  16. David (verified owner)

    The content was well-presented and easy to understand.

    1 product
  17. Christopher Taylor (verified owner)

    I appreciated the real-world examples included in the course.

    1 product
  18. Richard (verified owner)

    Very well worth the money.

    1 product
  19. Zane (verified owner)

    Good service.

    1 product
  20. Leo (verified owner)

    Good quality.

    1 product
  21. Leo (verified owner)

    Good service.

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  22. Hayden (verified owner)

    Good service.

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  23. Robert (verified owner)

    Good service.

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  24. John (verified owner)

    Good quality.

    1 product
  25. Michael (verified owner)

    Very fast delivery.

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  26. Anthony (verified owner)

    Good service.

    1 product
  27. Owen (verified owner)

    Very fast delivery.

    1 product
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