Posted 19 Days Ago Job ID: 2094546 9 quotes received

Full Automation in TOS

Fixed Price or Hourly
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  Send before: October 22, 2024

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Programming & Development Programming & Software

I am looking for someone that can help me automate, or at the very lease semi-automate my process on ThinkorSwim. It is my understanding this can be done using conditional orders and 3rd party software or coding such as Python. I am looking for a Thinkscript/API professional that can help develop me a solution to be as hands-off trading of my process as possible. I miss so many good trades because I cannot focus on every 5 min candle or make my decision quick enough to enter new trades. Below are some key points to my project request.


  • Trade only SPX, on the 5 min candle with no indicators using regular candles (Pure Price action)
  • Only trades being made are Call and Put vertical credit spreads
    1. I manually trade them when I can using conditional order rules per my process
  • At a specific time, determine ATM for SPX and based on this value determine various levels above and below it
    1. For automation, needs to be able to determine ATM at a specific time then draw those levels for the day
  • Signals are touches of these levels
  • When vertical trades are opened, close out any previous trade for either profit or loss
    1. Never in both at the same time
  • Reversals then depend on how the next few candles open and closes
  • There are no Stop’s. The levels act as Stops
  • If in a trade, either need to exit trade at the next signal or if trade reached a certain profit during the course of the trade
    1. Example, if the spread reaches $400 profit before 1pm EST exit trade and wait for the next signal to re-enter, but after 1pm if the spread reaches $600 profit exit trade and wait for the next signal to re-enter
    2. Each trade is either going to hit the profit target, or the next level in the direction price is going and take profit on that level, or loss if the trade is in the wrong direction of price
    3. When I am manually in a trade, I immediately set a opposite order to take my target profit it is hits, else my profit/loss is in the next level, which is covered by the conditional order
  • You are always in after the first trade is made, unless you hit a target profit and get out, then wait for the next signal
  • Also, time based here. No trading before 10am and no trading after 3:30pm
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Chad M United States