Popular tags: Support, Resistance, Trend, Range, Fibonacci, Wave, Divergence, Multi time frames(MTF), Swing, Volume, Overbought, Oversold
 


Advanced DMI Oscillator Divergence SCAN for Thinkorswim TOS

Advanced DMI Oscillator Divergence SCAN for Thinkorswim TOS
Availability: In Stock
Price: $149.00USD
Qty:     - OR -   Add to Wish List
Add to Compare
0 (0/5)  0 reviews  |  Write a review

Advanced DMI Osc Divergence SCAN for Thinkorswim TOS
The price is for the package.
This product is part of the:DMI Osc Divergence Indicator all-in-one package for Thinkorswim

This customized scanner will find all Positive/Negative (bearish/bullish) DMI Osc Divergence based on your settings.

The algorithm of this SCAN is same as our DMI Osc Divergence indicator.

 

This Advanced scanner is specially made for experienced traders.

For example, you can search DMI Osc Divergence signals in a short range, such as 15 bars(applicable to any time period).

You can also search in a long range, such as 60 or 100 bars. Furthermore, you can specify the percentage of price change between 2 Highs/Lows and the percentage of DMI Osc value change which are used to find the Divergence.

It makes possible to scan on very complex conditions.

Example 1, scan Negative (bearish) DMI Osc Divergence if current High is the peak within 15 bars, and it's 5% greater than the peak from 25 bars ago. At the same time, the current DMI Osc value is 8% less than the DMI Osc value of that peak from 25 bars ago.

Example 2, scan Positive (bullish) DMI Osc Divergence if current Low is the trough within 5 bars, and it's 3% less than the trough from 15 bars ago. At the same time, the current DMI Osc value is 10% greater than the DMI Osc value of that trough from 15 bars ago.

 

Features:

  • You can change all DMI Osc parameters:
    • DMI Osc length: The number of bars used to calculate the DMI Osc.
    • average type: The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.
  • Length 1&2: Define the range of bars which are used to calculate the current High/Low and previous High/Low.
  • Percent: The difference current High/Low and previous High/Low.
  • DMI Percent: The difference between current DMI Osc and the DMI Osc value from previous High/Low.
  • Scan in any time frames, 5mins, 15mins, 30mins, 1 day, 1 week, 1 month.
  • Applicable for all securities(Stocks, Futures, Forex, Options, ETF, etc.).

Write a review

Your Name:


Your Review: Note: HTML is not translated!

Rating: Bad           Good

Enter the code in the box below:



Welcome to Patternsmart
Converting your indicator from one platform to another.

Custom Alert, Autotrader, Indicators, Scan, Screener, Strategy and Signals.


 

Copyright @ 2019 Patternsmart - All rights reserved


This website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. It's not recommended to use any single indicator as sole evaluation criteria. The companies and services listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. patternsmart is not responsible for the accuracy or content of any product, service or company linked to on this website.

Futures trading contains substantial risk and is not for every investor.Please read the following risk disclosure before considering the trading of this product: Futures Risk Disclosure. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Trading stocks, options, futures and forex involves speculation, and the risk of loss can be substantial.Investor must consider all relevant risk factors, including their own personal financial situation, before trading. Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. Forex investments are subject to counter-party risk, as there is no central clearing organization for these transactions. Please read the following risk disclosure before considering the trading of this product: Forex Risk Disclosure. Spreads, Straddles, and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Prior to trading options, you should carefully read Characteristics and Risks of Standardized Options.

patternsmart.com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Any investment decision you make in your self-directed account is solely your responsibility.