TOS is a very impressive trading platform. Originally designed by options traders from the Chicago Board of Options Trading [?], it is now had over 1700 revisions. I have been learning to use it and have fouind it to be very rich in features and abilities. I keep learning new things I can do with it. In this blog post I will record (for my own reference) some tips and reminders.
The software lets you export to Excel with DDE from a watch list. For example, you could open a watchlist with the 500 stocks in the S&P 500 and copy/paste it into Excel along with the dynamic links to the TOS platfor so that the data updates in real time.
It is possible to scan for stocks that meet technical indicator study criteria. For example, all stocks with an ADX reading below 25 to screen out stocks trending strongle and be left with those that are trading within a range. Then combine it with a scan for "crossovers" to find cases of a short term momentum reversal.
TOS > Support/Chat > Shadow Trader goes to someone (?) who is watching the market, showing tos charts, making comments apparently doing trades. Looks like a great way to learn more. S1, S2, R1 R2 must be support and resistance levels. ESZO- e-mini futures for December. Why does he trade that instead of current e-minis themselves or SPY? He is looking at screens showing advance/decline indicators, which ssectors are doing what.
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