TOS Indicator Trend Alert Buy & Sell Ar…: is this $29.95 stack worth it for Business & Money?
If you spend your trading hours staring at raw ThinkorSwim charts, the noise can feel overwhelming. You see candles flashing green and red, but without a clear filter, it’s hard to know if a dip is a buying opportunity or the start of a downtrend. That’s where a specialized indicator like TrendAlert Buy & Sell 2.0 comes in. It’s a $29.95 tool designed to cut through the visual clutter by using smoothed data to highlight specific entry and exit points. If you’re looking for a way to automate the “when to act” decision on your charts, this is a focused solution that works across stocks, options, forex, and crypto.
Quick answer
| Best for | Active traders on ThinkorSwim who want visual buy/sell arrows and real-time alerts on mobile or desktop. |
| Skip if | You don’t use ThinkorSwim, prefer purely discretionary trading without technical signals, or need a full trading strategy rather than a single indicator. |
| Price | $29.95 |
| Format | ThinkorSwim thinkscript link + setup instructions (1.18 MB download) |
| One-line take | A straightforward, mobile-friendly indicator that simplifies trend reversal signals with color-coded arrows. |
What you’re actually buying
At $29.95, you aren’t buying a full trading course or a complex algorithmic bot; you’re buying a specific, ready-to-use thinkscript that you paste directly into your ThinkorSwim study tab. The core of TrendAlert Buy & Sell 2.0 is its use of smoothed candlestick data. Instead of relying on raw, noisy price action, the script applies smoothing techniques (like Valcu or Vervoort) to refine the open and close prices. This creates a cleaner view of the trend, allowing the indicator to identify bullish or bearish shifts with more precision.
The deliverable includes a direct link to the script, which you add to your charts immediately. Once active, it plots distinct BUY and SELL arrows on your chart when the trend direction reverses. It also supports real-time alerts, meaning you can get a notification on your phone or desktop when a signal fires, rather than having to stare at the screen. The listing emphasizes that this works on any timeframe, from 5-minute scalps to weekly swings, and is compatible with both the mobile and desktop versions of the ThinkorSwim app. (TOS Indicator Trend Alert)
One of the most practical aspects of this offer is the immediate usability. You don’t need to be a coding expert to implement it; the package is designed for a “simple download and easy to add” experience. A buyer on Gumroad reviews noted exactly that: “Perfect !! Does exactly what I needed for TOS!!! Simple download and easy to add!! ✅☕☕”. This ease of setup is a major selling point for traders who want to deploy a new tool without spending hours on configuration.
Another user highlighted the practical application for specific assets: “10/10 Stars!!!! Accurate and real-time indicator for trading SPY options! I use this on the 5 min TF for scalp trading! Works just perfect on my mobile TOS app as described!” This speaks to the indicator’s reliability in fast-moving markets and its compatibility with the mobile app, a feature that many traders prioritize for on-the-go monitoring. (TOS Indicator Trend Alert)
Why it’s on our radar
This indicator stands out because it solves a very specific problem: visual clarity on ThinkorSwim charts. Many traders struggle with “analysis paralysis” when looking at raw price action, and TrendAlert Buy & Sell 2.0 offers a structured way to visualize trend reversals. The fact that it works on all assets (stocks, options, forex, crypto) and all timeframes makes it a versatile addition to a trader’s toolkit, rather than a niche tool for just one market.
The inclusion of mobile support is also a significant differentiator. Many technical indicators are desktop-only, but this script is explicitly designed to function on the ThinkorSwim mobile app. For traders who monitor positions during lunch breaks or commutes, having reliable buy/sell signals on their phone adds a layer of convenience that justifies the $29.95 price point. (TOS Indicator Trend Alert)
What actually matters
When evaluating a technical indicator, the key is whether it provides actionable information without overwhelming you. Here’s what to look for in TrendAlert Buy & Sell 2.0:
- Signal Clarity: The indicator uses color-coded candlesticks and distinct arrows. Check if the visual output on your specific chart density is readable. If you have a very busy chart with many other studies, you may need to adjust the arrow size or color to ensure the signals stand out. (TOS Indicator Trend Alert)
- Timeframe Fit: The listing suggests 5–30 minute charts for scalping and 1–4 hour or daily charts for swing trading. Test the indicator on your preferred timeframe to see if the signals align with your trading style. A signal that works well for a 5-minute scalp might be too slow for a day trader, or too fast for a swing trader. (TOS Indicator Trend Alert)
- Alert Functionality: One of the main benefits is the ability to set alerts. Verify that the alerts trigger correctly on your device. The listing includes a bonus link to a YouTube video on how to set alerts based on TOS scans/indicators, which can be helpful if you’re new to configuring these notifications. (TOS Indicator Trend Alert)
- Asset Compatibility: While it claims to work on all assets, test it on the specific instruments you trade most. For example, a signal that works well on SPY options might behave differently on a volatile crypto pair. Start with a paper trading session or a small position to get a feel for the indicator’s behavior in your specific market. (TOS Indicator Trend Alert)
Mid-check
If you’re ready to add a visual trend-reversal tool to your ThinkorSwim charts, you can See current options.
FAQ
Does TrendAlert Buy & Sell 2.0 work on the mobile ThinkorSwim app? Yes, the indicator is designed to be mobile-friendly and works on both the desktop and mobile versions of the ThinkorSwim app. This allows you to monitor buy and sell signals on the go. (TOS Indicator Trend Alert)
Can I use this indicator for options trading? Yes, the listing explicitly states that it works on all assets, including options. One user specifically mentioned using it for trading SPY options on the 5-minute timeframe for scalp trading. (TOS Indicator Trend Alert)
Do I need to know how to code to use this indicator? No, you do not need coding knowledge. You receive a thinkscript link that you can copy and paste directly into your ThinkorSwim study tab. The process is described as a simple download and easy add. (TOS Indicator Trend Alert)
What timeframes does the indicator support? The indicator works on all timeframes. The listing suggests 5, 15, and 30-minute charts for scalping, 1, 2, and 4-hour charts for day trading, and daily or weekly charts for swing trading. (TOS Indicator Trend Alert)
Bottom line
If you’re a ThinkorSwim trader who wants a clear, visual way to identify trend reversals without manually analyzing every candle, TrendAlert Buy & Sell 2.0 is a solid, low-commitment tool. At $29.95, it offers a specific solution to the problem of chart noise, with the added benefit of mobile compatibility and real-time alerts. It’s not a magic bullet for trading success, but it’s a practical addition to your toolkit that can help you make faster, more informed decisions.