Results 1 to 8 of 8
  1. #1
    Rookie Member eyei3's Avatar

    Free Low Alert Indicator for thinkorswim !!!

    Description: Since the thinkorswim platform quietly plots the session’s Low with a silent price bubble, this powerful Indicator/Alert plays adjustable audio sounds (bells, rings, chimes, etc.) to notify you – from a listening distance – when these session Lows actually occur. This will instantly empower you to capitalize on each session Low, and react quickly with your strategy, in real time.

    Use: After reaching the session Low on a chart, almost like clockwork, Price usually begins to miraculously climb higher after reaching the depths of those session Lows. This Indicator/Alert now puts you in a great position to profit from this predictable occurrence. Empower yourself with this Indicator/Alert now.

    Download: http://billlions.com/product/low-ale...or-thinkorswim
    Attached Thumbnails Attached Thumbnails Billlions-Low-Alert-Indicator.jpg  
    Last edited by eyei3; 12-02-2014 at 11:20 PM.

  2. #2
    Legendry Member Michael Hodges's Avatar
    How do you know what the low of the session is? what if the market just keeps going lower and lower, like on a bad sell day or correction? What criteria lead to the "low" and to "clockwork" upward movement?

  3. #3
    Rookie Member RickBass's Avatar
    Is there an equivalent indicator of metatrader?

  4. #4
    Moderator Kolyo's Avatar
    Interesting product! Is there anything else that can be used from these indicators and you would like to present us?
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  5. #5
    Rookie Member eyei3's Avatar
    Quote Originally Posted by Michael Hodges View Post
    How do you know what the low of the session is? what if the market just keeps going lower and lower, like on a bad sell day or correction? What criteria lead to the "low" and to "clockwork" upward movement?
    Hey Mike. Thanks for this followup question.

    Put simply, this Alert is relative to the particular chart timeframe being viewed (e.g. 1D:1Min, or 10Y:1Month, etc.) and what it looks for is "the lowest value of data for all bars in the chart".

    As you've surmised, Yes, just as thinkorswim's silent Hi/Lo bubbles do move further up/down with the ever moving Highs or Lows that can happen in a session, the art of trading the Highs and Lows very easily with these Alerts (there's a High Alert on the site billlions.com as well) is to plot Trendlines on Price AND MACD to determine when the Low is 'truest'.

    Remember that the Low of any session can be thought of as the lowermost point on the bottom wick - for that timeframe - if that ENTIRE timeframe were viewed as one candle. And as we all have observed, most candles have a lowermost point (Low) that is touched and then rallied up a ways from (more or less; depending on the trend).

    The beauty of this Alert/Indicator is that previous to these tools, all of this use to happen silently. Now you HEAR when these Highs and Lows are made, so you can respond immediately and accordingly to capitalize off of this very frequent and simple phenomenon.
    Last edited by eyei3; 11-04-2014 at 04:22 AM.

  6. #6
    Rookie Member eyei3's Avatar
    Quote Originally Posted by RickBass View Post
    Is there an equivalent indicator of metatrader?
    I haven't seen one for the MT5 platform, but I may not have searched hard enough. I know the Billlions team does have plans to port over most of their current and upcoming Indicators to MT5, starting with their most popular sellers.

  7. #7
    Rookie Member eyei3's Avatar
    Quote Originally Posted by Kolyo View Post
    Interesting product! Is there anything else that can be used from these indicators and you would like to present us?
    Thanks for the question Kolyo.

    I think what I've shared just now in response to Michael Hodges's question fits this bill as well.

  8. #8
    Rookie Member
    Is this alert still available?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3