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Scalper Alert scan in TOS
Scalper Alert scan in TOS

Code / script to use in the stock hacker in ThinkOrSwim to scan for The TTM Scalper Alert.

Duncan Boggs avatar
Written by Duncan Boggs
Updated over 4 years ago

Scan script

See below script that can be used to make a custom scan filter in the TOS Stock or Options Hacker.

TTM_ScalperAlert("min swing" = 0.1)."PivotHigh" is true within 5 bars

alternatively

TTM_ScalperAlert("min swing" = 0.1)."PivotLow" is true within 5 bars

Use at least 5 bars because the study is looking for a confirmation bar for the trigger bar, ie. delayed signal.

About - Scalper Alert

Create a custom scan filter in TOS
โ€‹https://intercom.help/simpler-trading/en/articles/3619367

TOS - Setting up scan criteria in the Stock or Option Hacker in Thinkorswim
โ€‹https://intercom.help/simpler-trading/en/articles/3575220

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