Automated Trading Using SMA Crossover on ThinkorSwim

[@shortthestrike]

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[@joshbeeri]

Best intro to basic trade automation inside TOS that I've found! Thanks!

[@robinperimedia3977]

Great video. Your voice, timing and video explanation are the best. I am able to follow and learn your method easily . Much appreciation 🎉

[@artnace]

I learned more here in 11 minutes than any other videos on how to do this that I have watched. Thanks!

[@dumbcat]

your videos are of high quality. hoping your channel gains traction one day

[@bigfrank7179]

Great video! I appreciate it. Keep up the good work

[@sumith007]

Great Video and simple to follow explanation

[@neilmac4730]

Excellent ❤ Thank you.

[@khayyamfarajov7916]

Hello There. i was wondering if you have any classes for options? You are explaining everything really well. Thank you

[@zhodge0]

I'm going to watch all your videos because they are put together well. You make very good learning videos. thank you.

[@cryptotrain6334]

Absolutely fkn fire content. Give me more please 🙅🏼‍♂️

[@sr-sr592]

amazing and so simple thanks for the clear instructions. Any way to get this to work repeatedly vs just once

[@dgc.pdinovojr895]

This is great information! Is there a way to automate this continuously? For futures trading for example is there a way to set it up? Not only for one direction trade to close out? I tried to set it up as first triggers sequence, although on the third order, it would not allow me to place. Any insight? Thank you again for the awesome work!

[@scotscaspian]

This is very helpful, Thank you 😊😊😊

[@scientistsrpeople2979]

exactly what I was looking for. But how does one put in a stop loss condition, say the initial crossover isn't fruitful? Would this be an OCO? Could you cover that topic? Also, can you do this with options?

[@krissamy8385]

thanks for time and effort to put up this Video..how it will be if it does both ways continuously...hope you can explain that thanks

[@frankacoste6180]

EXCELENTE VIDEO GRACIAS

[@tonyabell66]

If trading options, I am curious if the same steps apply via the options chart? And, If I heard you correctly any SMA and timeframe is applicable. In order for this auto version to be created, no auto send and all orders made at market price? I assume the chosen buy or sell will depend on trend direction and using buy in your illustration was for example only. Thank you for all your hard work and comprehensive videos.

[@EnioPena-c4l]

Excellent explanation. One question.. Is there a way we can copy the script so we can test it?

[@anujkarwa2163]

Quick question - How can I automate the strategy to buy maximum number of shares based on cash available?

[@johnchaffee7973]

A good video. I am wondering why you kept the order as a day order instead of gtc when you are using a really long term chart?.

[@shortthestrike]

Any other study conditions you'd like me to cover?

[@guethao396]

Is there a condition where you set a sell order for a limit price higher than the current stock price but then it doesn’t fill because the stock price is still climbing above your limit price? That way you take more profits 😅

[@shawnchoyrahman9177]

Excellent. Can I add a stop order with these two? Suppose I want TOS to buy when a golden cross happens and put a stop order if it goes down 3% or a specific threshold price and add a death cross too. Is it possible to save as template to save time for next order?

[@shawnchoyrahman9177]

I think I figured. I need to create 1st trigger OCO. 1st order would be buy with Golden crossover. Next two sell orders would be bracket order - one with stop loss and another with Death cross.

[@haroldestrada2223]

@@shawnchoyrahman9177 Yes you can, the stop loss or trail stop can be used with amount in dollars or percentage.

[@haroldestrada2223]

and yes you can save it and call it what you like by selecting "custom order template".

[@peterseville6590]

Can you automate Buy and Reverse indefinably?

[@trudnai]

Great video, thanks! How can you backtest this?

[@markjaffe3400]

I enjoyed your video. What if I buy a call 1 month out with this setup and the crossover event doesnt occur until just a few days to my expiration date? Would you still buy the call with only one or 2 days to go? After 2 days my option will expire if the stock doesn't cross below the MACD line. How do you manage this type of situation? Mark

[@paddlethewaterstx]

Your example shows DAY order. Shouldn't you have needed to change to GTC?

[@musicmrfixit1]

I tried to do the crossover study parameter in TOS and it worked for stocks trading for the day, not gtc. Please tell me if this crossover study parameter also works for FOREX trading, or are there other conditions I have to set up to make a profit.

[@GeorgeTarek-d3c]

thank you for this. I'm guessing this would execute instantly once conditions are met. How can I make it execute on bar close? If i'm doing this on the 15m chart for example, i want the bar to close before executing the trade.

[@UltimateRecessionProofSide-o6s]

Will that continue to buy and sell in perpetuity or does it only execute one buy then sell then it ends?

[@yekhtiari]

can it open another position if the conditions meet again or is it good for opening one position?

[@navbahar9930]

Is it possible to add in a second study that would block it from selling it under cost?

[@hassanemaigari3660]

Great video thank you so much Can you do this on E*Trade

[@musicmrfixit1]

Could you please tell me the difference between GTC, OCO, and Day trades when doing a crossover study. I tries to do what you said here but I used a GTC instead of a Day trade, and nothing happened - the order didn't fill.

[@NMranchhand]

What fun!

[@mloan110]

Please make a video on automated using MACD crossover

[@rixontan5921]

In my opinion, it makes no sense if it still works if the golden cross takes 3 mth to cross above 200 and 3 mth to cross the death cross

[@mrknowitall3866]

How long are those orders in effect? (1 day, GTC)?????

[@slingtrader6903]

You can select the time in force in the order rules window. Look in the video where he changes limit order to market. below that is the TIF selection.

[@joeko8253]

how would you use this with the hull moving average? thank you in advance

[@shortthestrike]

Are you interested in making a scan/alert, or trying to setup a trade to activate using it? Did you want it to activate based on the hull moving average changing from up/down or when it crosses another moving average?

[@zavainmardirossian8593]

Can not find AUTO TRADE ON TOS

[@myultrasound7619]

Hello, Is there a save option for this trade execution so we do not have to type repeatedly all the parameters for another trade. IE this trade closes but we want to enter it again for a future cross. Thank You.

[@haroldestrada2223]

Yes, you can save up to 4 roundtrips orders and name it what you want.

[@haroldestrada2223]

by using the " custom order template"

[@myultrasound7619]

Hello I have been trying to figure this out, that is the "4 round trip orders". Is it possible you could provide assistance? Thank you for your time.

[@slingtrader6903]

On the order entry tool , left of the delete button is a disk symbol that is "save a custom order template" . Name it and save it. When you want to trade later select "buy custom" and select it.

[@nick-oi1xf]

Can't this process be entirely automated, so that you don't have to open the trade everytime?

[@balajimohanakrishnan743]

Please don't take me wrong? Can you make money with this automation on any stock?

[@ramsaudio]

Hahhaha..if trading was so easy, every one in the market willcbe a winner…

[@ramsaudio]

If trading was so easy, every one in the market will win… its not!

[@charlierobles316]

This is like cheating 😂