Automate Options Trades on ThinkorSwim
16,570
2023-05-15に共有
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This video will be a step-by-step tutorial on automated trading within thinkorswim. By utilizing the conditional order tool, you can place an order which only activates if very specific conditions are met. In our case today, this order will be waiting for a MACD crossover to buy and then sell a long call option automatically.
Timestamps
0:00 Intro
2:17 Build an order to buy long call
3:43 Add study crossover condition
11:56 Create a closing order
14:57 Outro
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You should not treat any opinion expressed on this YouTube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this YouTube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This YouTube channel is not under any obligation to update or correct any information provided in these videos or their descriptions. Statements and opinions are subject to change without notice.
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コメント (21)
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Please let me know if there are any other topics you'd like me to cover!
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You are still, my number 1 teacher !!! When I hit my 6 digits, I would like to send u on a vacation!!
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You make it so easy for beginner traders. I love your videos. You explain it so well step by step. Thank you for all the time and effort you put into these videos.
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You're doing amazing explaining these complex topics. Thank you for producing these videos. Very helpful!
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Thank you for speaking at a pace that makes it so easy to follow and understand. Your detailed explanations of what you're doing and why you're doing it, are the best I've come across. Thanks for the great content.
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Thank you so much for a fantastic video, I've been trying to find this solution for months and this is definitely a real game-changer.
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Thank you for this video. This may "change everything" for me. Definitely a huge step in the right direction. Before this video, I wasn't aware it was possible to trigger options trades based on studies interacting with stock prices. Thanks again. As you stated below, it sure would be nice to save these as "templates."
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Your contents are really helpful. Thank you very much!
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Thank God I already know a little bit because this would’ve been a little too much. I appreciate the video. I’m gonna save it and watch it continuously.😂
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Thank you so much.
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Is there a way to have it buy the at the money or certain delta option instead? The issue I would think is if you were opening this and it would choose the 175 strike each time correct? It is still very helpful just curious if the system allows to select the option based on the market price as well as how far till expiration. Great video!
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Thank you for your effort in this video and your channel. I just have a small question: in my "order entry tool," I can't find "Pos effect " Is there any way to add it to my Order entry tool? and How?
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👍! How would you put two conditions such as if MACD bullish crossover and above VWAP, then buy and vice versa? If both of two conditions meet, then buy or sell. I tried to put two conditions but didn't get filled.
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Dear sir, I am pleased with the result. One spy contract has yield about 40% of profit. Just wait and watch. How do I do on put option. Little hint is appreciated.
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Great video, but will using a "study" like this actually enable this to run continuously? (or will it only trigger the trade on the next crossover, then the close, and it would need to be staged again after that?). I'm looking for a way to use rules like this and have it trade continuously until I disable it. Thoughts?
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It’s very helpful can you pls share more similar automated options trading strategies on 13 48 moving averages….thanks
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I am curious how you do the same thing but for a list of stocks, . you system works for apple but if I want to do it for Apple and META and etc . how I do it? second question is the options expire, so if not MACD signal while option is available, the whole trade fails. if is possible to select the ATM option rather than worrying about the expiry date ? Thank you so much
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very nice presentation, thanks. My question is: now that I set this one format up, is there a quicker or easier way to access this structure? In other words, a way to call up this format and then just change the stock symbol and option price?
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Is it possible to take an option position from a MACD crossover then close it with a trailing stoploss from the mark price?
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Is it possible to automatically select the strike based on the underlying price? I want to select the strike that is closest to the stock price at the moment the indicator triggered the signal
