ChatGpt showed me how to input two lines in my custom quote columns for Think or Swim! Tomorrow is my last day of testing and then I will release the #Herolineup scripts
Price Chg from open Column
#HULKalgo (new)
#ZeroAlgo (got a facelift)
#mars3Algo#PriorDayLevels#mars2Algo
I guess to get some traction i need to make crazy predictions like a FURU
Well heres my prediction..
All of these stocks have lost their Wallstreet 50SMA and have a #marsi2 cross down on their Daily chart and on their Weekly Chart for the first time in like 8 months..
My next price target 🎯 is simply the Wallstreet 200SMA and Jerome Powells Jackson Hole speech this Thursday will accelerate the drop..
Price Targets 🎯 200 SMA
$SPX - $4129.65
$SPY - $412.00
$NFLX - $352.07
$QQQ - $317.01
$MSFT - $283.81
$META - $204.53
$TSLA - $196.52
$AAPL - $161.47
4 important intraday levels for Daytraders
These 4 levels are constants that cant be manipulated and EVERYONE SEE THEM
Prior Day High - Stocks tend to advance higher once this level is broken upwards
Prior Day Close - Huge psychological level, this line tells you wether or not the stock is green or red for the day
Prior Day Low - Stocks tend to advance lower once this level is broken downwards
VWAP - function of Price and Volume, and the strongest intraday support and resistance I have ever seen
Use these levels as price targets and support and resistance
For rejections and reversals we want to look for Hammer candles once these levels are interacted with, pay close attention
For breakouts and breakdowns, we want to make sure that the next 15min candle is not touching the level at all, it has to be a clean break! 15min candles work best with these.
Combining this knowledge with my custom indicator #marsi2 and the #mars2Algo and #mars4Algo has made my day trading system very powerful🔥
With adding prior day levels to my algos, I believe i have a very nice system in place for options daytrading 🔥
These levels were the missing link
https://t.co/D7wakKUhcZ
Played $NFLX shorts as I saw it had broken the prior day low level and had bearish #mars2Algo reading
Look at the reaction after the break of that level (red line is prior day low)
Thanks again to @cs_tradess for bringing to light these powerful levels and showing examples.
The Prior Day High and Low levels are very powerful, if we combine that with the #Mars2Algo, it’s darn near unstoppable
Im only picking stocks that interact with those levels going forward
https://t.co/EMkoeaKoDy
This script works really well for plotting prior day highs and lows on desktop.
Unfortunately it doesnt work on mobile.
I changed the colors to green and red, and also this is the script I used to create my Prior Day Custom Quote Script for mobile.