ThinkorSwim Stock Alert Scanner and Scripts Live Stream

Introduction

Good morning, traders, and God bless. I am Ricky Gaspar, your host for this pre-market session. Just like every morning, we will be watching this volume spike column. As we wait for the numbers to increase, once they do, we come over to the current bar volume (the last candle) and confirm that we have the volume to get in and out safely.

We need high-volume flow, where buyers and sellers battle it out. Once confirmed, the stock price will rise. I mark a resistance level, then wait for the stock price to pull back, marking a support level. Plan your entries on this support level for the next run-up. However, before making a trade, ensure to look down here and confirm the volume in the Dominator Master with long green bars that represent buyers.

We want the buyers to be above this average yellow volume line and ensure that the My Blessing indicator is also pointing up, indicating more buyers are present. Once we see these signals, we'll confirm the volume spike and mark two lines for resistance and support. Plan your entry on support, ensuring we have tall green candles and the indicator is moving up.

Remember, only trade based on your setup on your own computer – don’t rely solely on this live stream, as it can be delayed. Always consult a professional financial advisor before trading.

As the morning progresses, the magic scan keeps track of stocks that have moved in the last 30 minutes. Sometimes we get more, sometimes fewer. It’s Friday, so sometimes Fridays can be sluggish as most investors work their way back to cash for the weekend. Be aware throughout today’s trading session.

For active traders, ensure your TIF is set to EXT, so you’ll be able to make a trade. We've seen AAN moving earlier too. We are now down to the last 5 seconds, let’s see what happens. Looks like we are moving upwards. Be careful chasing this big green candle, as they might be ready to sell the moment the market opens at 6:00. Make sure to take some profit if you are into it.

Watch the Dominator Master closely for red bars indicating sellers are taking profit. Remember studying these indicators can help you greatly in your trading efforts. Come in every morning, get insights, and feel the pulse of the market.

Keywords

• Pre-market session
• Volume spike column
• Current bar volume
• High-volume flow
• Resistance level
• Support level
• Dominator Master
• My Blessing indicator
• Average yellow volume line
• Scalping
• Entry points
• Exit points
• Confirmation of volume

FAQ

Q: What is the volume spike column?

A: The volume spike column is used to track the increasing volume of stocks to confirm if there is enough volume to get in and out safely.

Q: How do you mark resistance and support levels?

A: I identify the resistance level when the stock price rises and mark it. When the stock price pulls back, I mark the support level. Plan your entries on the support level for the next run-up.

Q: Can I rely on this live stream for trading decisions?

A: No, you should not solely rely on this live stream for your trading decisions, as it can be delayed. Always use your setup on your own computer and consult a professional financial advisor.

Q: What are the Dominator Master and My Blessing indicators?

A: The Dominator Master tracks buyer (green bars) and seller (red bars) dominance. My Blessing indicator also tracks buyers and sellers, ensuring a holistic view of market movements.

Q: What should I set my TIF to for active trading?

A: For active trading, ensure your Time In Force (TIF) is set to EXT, so you’ll be able to make extended-hours trades.

Q: What scanner do you use for tracking stocks?

A: The Magic Scanner keeps track of stocks that have moved prominently in the last 30 minutes.