Recruitment of participants Scalper, Swing and Long Term Stock Market Trading Study for Thinkorswim

Scalper, Swing and Long Term Stock Market Trading Study for Thinkorswim

Custom made indicator for ThinkorSwim platform. Based off two of the best performing indicators, the Relative Strength Index and Bollinger Bands. The study will give you clear crosses of the plot5 line and the RSI line. A cross up is a long and a cross down is a short.

Includes the important 50 level line of the RSI with RSI above the 50 line showing strength and alternately below the 50 line showing weakness. The overbought( 80 ) and oversold ( 20 ) lines are also plotted and the RSI will change to an oversold/overbought color when crossed.



Two RSI studies are present with a cloud between to show strength (green) and weakness (red). A color change also indicates a change in price direction.
The plot5 line has standard deviation bands witch will also show when the RSI lines are in a more extreme range.
The main signal in the study is the cross of the RSI and plot5 line.

Two studies will be included for one price. The first will be for scalpers and shorter term traders and have a plot5 line length of 5. Hence the name plot5. The second will be the same but with the plot5 set to 20 for the longer term trader.
All sales final. No refunds.