What’s New

Feedburner Email Subscriptions Added

Posted by in Uncategorized | 0 comments

*** NEW *** Stay up to date with a ThinkScripter Feedburner email subscription. Alternatively you can subscribe to the RSS feed in your browser or feed reader. See the links in the sidebar to the right.

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Hourly Rolling Pivots – I’m Impressed

Posted by in Analysis | 2 comments

Hourly Rolling Pivots – I’m Impressed

I coded the Hourly Rolling Pivots as a result of a few donor requests and must admit I’m impressed by what I see. I’ve never used these pivots before but have been observing them over the last few days and have noted that they do a respectable job of showing areas of potential support and resistance throughout the day. In today’s five minute ES chart I’ve highlighted the instances where one of these pivots resulted in a rejection of some sort. Not half...

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Hourly Rolling Pivots

Posted by in Indicator, Support and Resistance | 2 comments

Hourly Rolling Pivots

I’ve had a few donors request an implementation of Hourly Rolling Pivots. Each hour (or any time period you choose), the pivot levels will be recalculated based on the last hour’s high/low/close. These pivots are good for intraday trading and especially during┬áperiods of chop.

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Sneak Peek: ThinkScripter Auto-Fibs

Posted by in Uncategorized | 14 comments

http://www.youtube.com/watch?v=4sHXmAVE4n0 Headed for perpetual donors’ mailboxes once I get the logic fine-tuned….

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Standard Deviation Price Change

Posted by in Indicator, Support and Resistance | 19 comments

Standard Deviation Price Change

In his book, The Volatility Edge in Options Trading, Jeff Augen describes a method for recasting absolute price changes in terms of recent volatility using the standard deviation. In this representation of price action, the last bar’s price change is represented as its ratio to the standard deviation of the price action over a recent period. *** Please see Tom’s N-1 weighted version in the comments! *** # AUGENSTDDEVPLOT # (c) 2009 http://www.thinkscripter.com # thinkscripter@gmail.com # Last Update 19 MAR 2009</code>...

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