{"id":41115,"date":"2015-06-03T08:55:31","date_gmt":"2015-06-03T12:55:31","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?page_id=41115"},"modified":"2015-06-16T07:45:59","modified_gmt":"2015-06-16T11:45:59","slug":"tea-2-0-indicator","status":"publish","type":"page","link":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator","title":{"rendered":"TEA 2.0 Indicator"},"content":{"rendered":"<p><a href=\"http:\/\/www.smbtraining.com\/blog\/systems-foundation\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-41160\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg\" alt=\"smbu systems foundation course\" width=\"600\" height=\"250\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg 600w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation-300x125.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><a href=\"http:\/\/www.smbtraining.com\/blog\/systems-foundation\"><br \/>\n<\/a><\/p>\n<h2>Indicator Description:<\/h2>\n<p>The Red and Green colors are based on the market cycles:<\/p>\n<ul>\n<li><span style=\"color: #800000;\"><strong>Dark Red: Accumulation<\/strong><\/span><\/li>\n<li><span style=\"color: #00ff00;\"><strong>Bright Green: Mark Up<\/strong><\/span><\/li>\n<li><span style=\"color: #339966;\"><strong>Dark Green: Distribution<\/strong><\/span><\/li>\n<li><span style=\"color: #ff0000;\"><strong>Bright Red: Mark Down<\/strong><\/span><\/li>\n<li><strong><span style=\"color: #0000ff;\">Blue: Volatility Consolidation<\/span><\/strong><\/li>\n<\/ul>\n<p>Here&#8217;s a simplified image of these cycles:<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/market-cycle-accumulation-mark-up-distribution-mark-down.gif\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-41118 alignnone\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/market-cycle-accumulation-mark-up-distribution-mark-down.gif\" alt=\"market-cycle-accumulation-mark-up-distribution-mark-down\" width=\"380\" height=\"184\" \/><\/a><\/p>\n<p>Sign up for the <a href=\"http:\/\/www.smbtraining.com\/overview\/smb-systems\">SMB Systems mailing list<\/a>\u00a0to be\u00a0notified when the indicator is available for additional trading platforms.<\/p>\n<p>If you have the ability to convert this for other trading platforms, please send your code to afalde@smbcap.com. Thank you!<\/p>\n<h2>TOS Instructions<\/h2>\n<div>Many thanks to John Chernicky for transcribing the code from EasyLanguage to thinkScript!<\/div>\n<div><\/div>\n<div>1) Open ThinkOrSwim Platform<\/div>\n<div>2) Click on &#8220;Setup&#8221; (upper right corner)<\/div>\n<div>3) Click on &#8220;Open shared item&#8230;&#8221;<\/div>\n<div>4) Paste this URL:\u00a0http:\/\/tos.mx\/DUZDmM<\/div>\n<div>5) Go to a chart<\/div>\n<div>6) Click on Studies &gt;&gt; Edit studies&#8230;<\/div>\n<div>7) Find the indicator and add it<\/div>\n<div><\/div>\n<h2>Instructions for TradeStation and Multicharts<\/h2>\n<div><\/div>\n<div>1) Copy the Code Below<\/div>\n<div>2) Paste Into a New Analysis Technique (Indicator)<\/div>\n<div>3) Compile (Press F3 on your keyboard)<\/div>\n<div>4) Insert the analysis technique onto any chart<\/div>\n<div>5) Format the analysis technique and change the style to be points with a heavy weight<\/div>\n<div><\/div>\n<div>It should look something like this when you&#8217;re done:<\/div>\n<div><\/div>\n<div><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/TEA-2.0-Screen-Shot-Falde.png\"><img loading=\"lazy\" decoding=\"async\" class=\"  wp-image-41117 alignnone\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/TEA-2.0-Screen-Shot-Falde-1024x570.png\" alt=\"TEA 2.0 Screen Shot Falde\" width=\"613\" height=\"341\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/TEA-2.0-Screen-Shot-Falde-1024x570.png 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/TEA-2.0-Screen-Shot-Falde-300x167.png 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/TEA-2.0-Screen-Shot-Falde.png 1361w\" sizes=\"auto, (max-width: 613px) 100vw, 613px\" \/><\/a><\/div>\n<h2><\/h2>\n<p>Here&#8217;s the code for TradeStation and Multicharts.<\/p>\n<pre>{START COPY HERE<\/pre>\n<pre>Coded by Andrew Falde | 2015<\/pre>\n<pre>Copy and Paste This Entire Code Into a New Indicator}<\/pre>\n<pre>Inputs:\r\n LB(21);<\/pre>\n<pre>Vars:\r\n Squeeze(0),\r\n Trend(0),\r\n TrendLine(0),\r\n Expansion(0),\r\n Signal(0);<\/pre>\n<pre>Squeeze = ((AvgTrueRange(LB) * .75) - (StandardDev(C,LB,2)));<\/pre>\n<pre>If Squeeze &lt; 0 then Expansion = 1\r\n Else Expansion = 0;<\/pre>\n<pre>TrendLine = LinearRegValue(c-((Highest(H, LB)+Lowest(L, LB))\/2\r\n + xAverage(c,LB))\/2,LB,0);<\/pre>\n<pre>Plot5(\"Falde\",\"AF\",Cyan);<\/pre>\n<pre>If TrendLine &lt;= 0 and TrendLine &gt; TrendLine[1] then Trend = 1; \/\/Accumulation\r\n If TrendLine &gt; 0 and TrendLine &gt; TrendLine[1] then Trend = 2; \/\/Mark up\r\n If TrendLine &gt; 0 and TrendLine &lt; TrendLine[1] then Trend = 3; \/\/Distribution\r\n If TrendLine &lt;= 0 and TrendLine &lt; TrendLine[1] then Trend = 4; \/\/Mark down<\/pre>\n<pre>If Trend = 1 then plot1(-1,\"Signal\",DarkRed);\r\n If Trend = 2 then plot1(1,\"Signal\",Green);\r\n If Trend = 3 then plot1(1,\"Signal\",DarkGreen);\r\n If Trend = 4 then plot1(-1,\"Signal\",Red);<\/pre>\n<pre>If Expansion = 0 then plot2(0,\"Consolidated\",Blue) else noplot(2);<\/pre>\n<pre>{END COPY HERE}\r\n<\/pre>\n<p>Would you like to learn how to build custom indicators, signals, and filters? Click the banner below to learn how you can build your own tools.<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/systems-foundation\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-41160\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg\" alt=\"smbu systems foundation course\" width=\"600\" height=\"250\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg 600w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation-300x125.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><a href=\"http:\/\/www.smbtraining.com\/blog\/systems-foundation\"><br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indicator Description: The Red and Green colors are based on the market cycles: Dark Red: Accumulation Bright Green: Mark Up Dark Green: Distribution Bright Red: Mark Down Blue: Volatility Consolidation Here&#8217;s a simplified image of these cycles: Sign up for the SMB Systems mailing list\u00a0to be\u00a0notified when the indicator is available for additional trading platforms. If you have the ability &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1039,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-41115","page","type-page","status-publish","hentry","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TEA 2.0 Indicator | SMB Training Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TEA 2.0 Indicator | SMB Training Blog\" \/>\n<meta property=\"og:description\" content=\"Indicator Description: The Red and Green colors are based on the market cycles: Dark Red: Accumulation Bright Green: Mark Up Dark Green: Distribution Bright Red: Mark Down Blue: Volatility Consolidation Here&#8217;s a simplified image of these cycles: Sign up for the SMB Systems mailing list\u00a0to be\u00a0notified when the indicator is available for additional trading platforms. If you have the ability ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:modified_time\" content=\"2015-06-16T11:45:59+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator\",\"name\":\"TEA 2.0 Indicator | SMB Training Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg\",\"datePublished\":\"2015-06-03T12:55:31+00:00\",\"dateModified\":\"2015-06-16T11:45:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg\",\"width\":600,\"height\":250,\"caption\":\"smbu systems foundation course\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TEA 2.0 Indicator\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TEA 2.0 Indicator | SMB Training Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator","og_locale":"en_US","og_type":"article","og_title":"TEA 2.0 Indicator | SMB Training Blog","og_description":"Indicator Description: The Red and Green colors are based on the market cycles: Dark Red: Accumulation Bright Green: Mark Up Dark Green: Distribution Bright Red: Mark Down Blue: Volatility Consolidation Here&#8217;s a simplified image of these cycles: Sign up for the SMB Systems mailing list\u00a0to be\u00a0notified when the indicator is available for additional trading platforms. If you have the ability ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_modified_time":"2015-06-16T11:45:59+00:00","og_image":[{"url":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@smbcapital","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator","url":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator","name":"TEA 2.0 Indicator | SMB Training Blog","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#primaryimage"},"thumbnailUrl":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg","datePublished":"2015-06-03T12:55:31+00:00","dateModified":"2015-06-16T11:45:59+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/06\/systemsfoundation.jpg","width":600,"height":250,"caption":"smbu systems foundation course"},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/tea-2-0-indicator#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"TEA 2.0 Indicator"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/pages\/41115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/1039"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=41115"}],"version-history":[{"count":0,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/pages\/41115\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=41115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}