Scalper Alert scan in TOS


Simpler Trading Team

1 min read

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

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


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.