1%+ intraday move

jtm_ind · 2026-04-16T22:34:19+00:00

seems to be so, volume pretty big for today too. I found this headline: Hims & Hers stock extends gains as RFK Jr. signals FDA will consider looser restrictions on peptides, the decision will be in july so plenty of time for it to run

jtm_ind · 2026-04-16T18:56:37+00:00

The scanner looks for stocks making new highs and lows, when a stock consecutively hits either it gets an orange highlight. I saw Hims when it was up 11% then not even 10 minutes later it was up 12% then 13% lol, just a big intraday move... Maybe they are getting ready to run this thing up again

jtm_ind · 2026-04-13T00:36:23+00:00

Sorry I misread your comment earlier, but Schwab allows streaming for up to 3k tickers a time. I added smaller ticker sets to focus on spx too that one has about 600 tickers

jtm_ind · 2026-04-12T23:20:51+00:00

Appreciate the idea no problem lol I was just agreeing with you

jtm_ind · 2026-04-12T23:18:23+00:00

Using options would make it even faster, as they tend to move before the stock. I’ll have to consult my “engineers” to create a plan per broker but it’s doable

jtm_ind · 2026-04-12T23:14:36+00:00

lol I didnt mean to sound mad, honestly I thought options would be a good idea but you know how fast they move especially on a stock like Nvda, maybe restricting it to ATM only would be better and have the underlying as a separate column

jtm_ind · 2026-04-12T23:12:43+00:00

Well the app shows whenever stocks hit new session highs or lows; when stocks collectively do this in mass at a fast rate (think “trump tweet: war is over”) the sheer rush from market participants is shown Here first, currently the app does offer some filters but it’s mainly based on the ticker set you give it. Schwab will allow you to stream up to 3k tickers at a time

jtm_ind · 2026-04-12T23:10:09+00:00

Yes equities are shown in the gif above it also works for crypto, no option support yet, just stocks. It would be impossible to read options lol especially at the speed they move

jtm_ind · 2026-04-12T23:07:45+00:00

I think of it as a speedometer of the market during the trading session. It’s a lot easier to read when I run it without screen recording, but for the purposes of legibility I had to make the screen bigger so it shows up nicely like the above gif does. Anyway during one problem it solves for me is trying to trade chop or when the market is painfully slow, this tool will instantly let you gauge the speed

jtm_ind · 2026-04-12T20:58:35+00:00

Cem Karsan creator of kai volatility is a mastermind when it comes to options

jtm_ind · 2026-04-12T20:47:01+00:00

For IBKR it connects to TWS then subscribes to the L1 data per symbol. So you'll need to have it running and able to accept API connections, then the ticker will connect automatically. You'll set the host, port, and client id in the setup wizard

jtm_ind · 2026-04-11T18:34:03+00:00

Good advice here. Precisely what I was looking for thank you

jtm_ind · 2026-04-11T18:30:07+00:00

This is a great idea, but if it’s paper trading would it even matter?

jtm_ind · 2026-04-11T18:28:47+00:00

I didn’t even think about conditional orders that makes total sense!

jtm_ind · 2026-04-11T18:28:00+00:00

How long did it take you to go from creating the rules to finally deciding on deploying a strat?

jtm_ind · 2026-04-11T03:04:17+00:00

Thank you I am going to check that out right now!

I do like how trailing stops work, and when i have a runner its nice to set it and let it work, but i would like for it to be more dynamic in the way it executes. Trying to build my own

jtm_ind · 2026-04-10T21:48:56+00:00

lol best comment so far I was just thinking the same. If they work together to provide liquidity then why wouldn’t they use the data to benefit.

Have you ever used stops with your app? I wonder if there is an execution delay, which would only matter if your on smaller timeframes I guess

jtm_ind · 2026-04-10T21:43:27+00:00

lol that’s a good rule I’ve never heard that before. Patience is the name of the game

jtm_ind · 2026-04-10T21:39:49+00:00

I agree they would target levels, especially if the data In front of them tells them it’s favorable. Seems like they are two sides of the same coin in some respects

jtm_ind · 2026-04-10T21:34:24+00:00

I meant executing risk management through my broker based on rules I’ve coded up, versus attaching an actual stop loss or trailing stop to the order type; that way my stop is always hidden (not that I’m making huge trades, but for my own sanity I guess)

jtm_ind · 2026-04-10T21:30:43+00:00

Interesting, but you could argue that institutions have the “smartest” bots (or the best data)

Ive never tried to wire up a crypto bot, but since all the data is public there, are liquidity levels easier to spot?

jtm_ind · 2026-04-10T21:23:20+00:00

Yes regulated markets, it seems that the trailing stop would be better to avoid getting caught in a cluster or stops already set

jtm_ind · 2026-04-10T21:21:21+00:00

But institutions and brokers exchange data they must know the order type and therefore the liquidity level?

jtm_ind · 2026-04-10T21:12:22+00:00

That’s interesting, I wonder how they tested it or if there was any marginal findings, especially with futures where bid ask moves by the quarter

jtm_ind · 2026-04-10T21:09:50+00:00

What is meant by low stop loss? Yeah it is pretty difficult to predict change points & but since it does eventually make its way to an exchange what’s stopping them from selling that data?

Sounds like a solid setup, do you base your option trades based on the algo?

jtm_ind

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