How to Quickly Find Price Reversals with Volume Profile Coding | thinkScript Studies on thinkorswim

thinkScript Studies on thinkorswim | Michael Fairbourn | 8-9-24 Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Within this presentation, we initially created a thinkScript that looked for up volume and down volume conditions on the NYSE, which we used to divergence indications. Next, we used a thinkscript scan that helped to find prices trading near the volume profile point of control for signs of price reversals. Have a market idea, but you just can't find the tool to put it into action? Create your own custom indicator with thinkScript. Your education coach will build custom trading tools as you watch to help give you an understanding of creating and using scripts on the thinkorswim platform. Time to tinker with those technicals. 1023-3KVR Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Follow me on X (formerly twitter): https://x.com/MikeFairbournCS Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy. Today's thinkScripts: Volume Profile Point of Control Scan: http://tos.mx/!YXqTd4pD Pivot Point Bounce Below S1: http://tos.mx/!USzvhYXs Pivot Point Bounce Above S3: http://tos.mx/!jsetlIWo Reversals, Trend & RSI: http://tos.mx/!IASzAXUV MACD Custom Column: http://tos.mx/!fcyfkymT Earnings Gap & Go: http://tos.mx/!dQJ1zz5b Breakout above 30 bar high: http://tos.mx/!dPHY1WCT MACD: Positive Divergence: http://tos.mx/!QZee2RjH MACD Momentum: http://tos.mx/!3WDSyMGa Lows Column: http://tos.mx/!yPYPkmk9 DailyPLProfitLossOnChart: http://tos.mx/!iCB1MJc3 Average Price & Quantity on Chart: http://tos.mx/!Yqp7n1W7 Strategies Session 1 : https://youtube.com/live/4ZSyFpcr_Kc Strategies Session P2: https://youtube.com/live/6nOSvQ4SzWc #SchwabCoaching #TraderTalks #mikefairbourn #thinkorswim