Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

MC

Think or Swim Code/indicators

Recommended Posts

it does not work because when you paste it in

 

it puts spaces in that were not originally there

 

you need to go line by line and wherever it is highlighted.... take out the spaces that should not be there

 

such as "histo gram" should be "histogram"

 

easy to fix it manually

 

Hello,

 

I copied your 15 min scalp and pasted into thinkscript and i'm getting a message that the code is incorrect... Any advice?

Share this post


Link to post
Share on other sites

3 bar pivots

for hourly chart

---------------------------------------

 

def HA = high[1];

def HB = high[2];

def HC = high[3];

def LA = low[1];

def LB = low[2];

def LC = low[3];

def C = close[1];

def H3 = Max(Max(HA, HB), HC);

def L3 = Min(Min(LA, LB), LC);

Def calc_PP = (H3 + L3 + C) / 3;

def calc_MP = (H3 + L3) / 2;

def calc_PR = AbsValue(calc_PP - calc_mp);

def calc_PH = Calc_PP + calc_PR;

def calc_PL = Calc_PP - calc_PR;

 

 

plot PH = calc_PH ;

plot PL = calc_PL ;

 

 

#plot smack = if body above or below both pivots, then addcloud else na;

 

addCloud

(PH, PL, color.gray );

 

#color1 default value: color.yellow;

#color2 default value: color.red;

 

PH.SetStyle(curve.POINTS);

PL.SetStyle(curve.POINTS);

#PH.SetPaintingStrategy(paintingStrategy.LINE);

#PL.SetPaintingStrategy(paintingStrategy.LINE);

 

PH.SetDefaultColor(color.cyan);

PL.SetDefaultColor(color.yellow);

Share this post


Link to post
Share on other sites

thanks for that tip

.................

...............

elovemer,

 

You may want to start using the 'wrap code tag' which is the '#' character in the tool bar. Should clear up issues when coping and pasting.

Share this post


Link to post
Share on other sites

....this is good for drip down days .... to pinpoint where the buyers come in on the one minute chart

....or for spike down at the open type of days

 

volume by body by range

--------------------------------

));

Share this post


Link to post
Share on other sites

.... on hourly, this shows the pivots for the last 3 hours

... this is good for showing how strong the trend is

 

...entry should be made when pivot range is low

... low pivot range will also show possible reversal points

3 bar pivots

for hourly chart

---------------------------------------

w);

Share this post


Link to post
Share on other sites

I'm working on an pattern recognition code and I'm stuck, because the online TOS code manual has its limitations. Can someone in this forum help me? I'm having getting errors on lines 13

def Condition = if(Pattern then 0 else 1);
and 16
alert(Condition, "Piercing Pattern", Alert.BAR, sound.Chime);
.
def H = high();
def O = open();
def C = close();
def L = low();
def BodyOpen = Max(open, close);
def BodyClose = Min(open, close);
def Body = BodyOpen - BodyClose;
def Pattern = H[1] > H[0]
&& L[1] > L[0] 
&& O[1] > O[0] 
&& C[1] > C[0] 
&& C[1] > (O[0] - C[0] / 2);
def Condition = if(Pattern then 0 else 1);
AddChartLabel(yes, L[0], if  Condition then "Bullish Piercing Pattern" else "", color.green);
alert(Condition, "Piercing Pattern", Alert.BAR, sound.Chime);
plot null = double.nan;

Thanks,

StockJock

Share this post


Link to post
Share on other sites

range decrease

... this is better.

 

the idea is to try to pinpoint where the the range has decreased the most....

... in order to identify where the next thrust in price will most likely appear

 

.... a trader wanting to get in on the next move, wants to enter during low range

.... and at a pivot point

 

----------------------------

declare lower;

input ATRLength = 14;

 

def HA = high[1];

def HB = high[2];

def HC = high[3];

def LA = low[1];

def LB = low[2];

def LC = low[3];

def C = close[1];

def H3 = Max(Max(HA, HB), HC);

def L3 = Min(Min(LA, LB), LC);

Def calc_PP = (H3 + L3 + C) / 3;

def calc_MP = (H3 + L3) / 2;

def calc_PR = AbsValue(calc_PP - calc_mp);

 

def calc_PH = Calc_PP + calc_PR;

def calc_PL = Calc_PP - calc_PR;

 

plot ATR = 1/

(absvalue(calc_PH-calc_PL))

;

#plot ATR =1/(AbsValue(calc_PH - calc_PL)) ;

#def hum = (AbsValue(calc_PH - calc_PL)) ;

 

ATR.SetDefaultColor(GetColor(8));

ATR.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);

ATR.DefineColor("Positive", Color.green);

ATR.DefineColor("Negative", Color.red);

ATR.AssignValueColor(if

#HUM

# ATR < 0

(absvalue(calc_PH-calc_PL))< (absvalue(calc_PH[1]-calc_PL[1]))

 

then ATR.color("Positive") else ATR.color("Negative"));

Share this post


Link to post
Share on other sites

for identifying trend

 

==========================================

declare lower;

input ATRLength = 14;

plot ATR = (AbsValue(close - open));

 

ATR.SetDefaultColor(GetColor(8));

ATR.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);

ATR.DefineColor("Positive", Color.green);

ATR.DefineColor("Negative", Color.gray);

ATR.DefineColor("other", Color.red);

 

ATR.AssignValueColor

( if ( (high > high[2])

and

( (absvalue(close-open)) > absvalue(close[1]-open[1]) ) )

and (close > open)

then ATR.color("Positive")

 

else if ( (low < low[2])

and

( (absvalue(close-open)) > absvalue(close[1]-open[1]) ) )

and (close<open)

then ATR.color("other") else ATR.color("negative"));

 

 

# if ( (low < low[1]) then ... else

Share this post


Link to post
Share on other sites

Hi, I use volumen profile indicator. The code is:

 

input pricePerRowMode = {default AUTOMATIC, TICKSIZE, CUSTOM};

input customRowHeight = 1.0;

input timePerProfile = {default CHART, HOUR, DAY, "2 DAYS", "3 DAYS", "4 DAYS", WEEK, MONTH, "OPT EXP"};

input profiles = 1000;

input onExpansion = yes;

 

def period;

switch (timePerProfile){

case CHART:

period = AggregationPeriod.CHART;

case HOUR:

period = aggregationPeriod.HOUR;

case DAY:

period = AggregationPeriod.DAY;

case "2 DAYS":

period = AggregationPeriod.TWO_DAY S;

case "3 DAYS":

period = AggregationPeriod.THREE_D AYS;

case "4 DAYS":

period = AggregationPeriod.FOUR_DA YS;

case WEEK:

period = AggregationPeriod.WEEK;

case MONTH:

period = AggregationPeriod.MONTH;

case "OPT EXP":

period = AggregationPeriod.OPT_EXP ;

}

 

def heigth;

switch (pricePerRowMode){

case AUTOMATIC:

heigth = PricePerRow.AUTOMATIC;

case TIckSize:

heigth = PricePerRow.TICKSIZE;

case CUSTOM:

heigth = customRowHeight;

}

 

DefineGlobalColor("Profil e", GetColor(1));

addProfile(Profile.VOLUME , "timePerProfile" = period, "onExpansion" = onExpansion, "numberOfProfiles" = profiles, "pricePerRow" = heigth, "color"=globalColor("Prof ile"));

 

 

The question is: How I see as histogram ?

 

Thanks.

Edited by jvillegas

Share this post


Link to post
Share on other sites

To have your indicator show a histogram, you need to have two formulae in your code and then calculate the difference. For example, I made a stochastics divergence histogram and the two lines of code that made the histogram are:

plot Diff = FullK - FullD;
Diff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);

Regards,

StockJock

Share this post


Link to post
Share on other sites

FYI - The VolumeProfile and TPOProfile were included in last weekend's release of TOS. You don't need the code above as you can just add VolumeProfile or TPOProfile from the default studies list.

Share this post


Link to post
Share on other sites
It comes with TOS...RSIWilder. :confused:

 

Is there any way to make the RSIWILDER multi-time-frame? Any place or person you can direct me to that would be able to code it???

 

Thanks in advance

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • HLF Herbalife stock, watch for a bull flag breakout above 9.02 at https://stockconsultant.com/?HLF
    • Date: 1st April 2025.   Will Gold’s Rally Hold Strong as New Trade Tariffs Take Effect Tomorrow?   Gold continues to increase in value for a sixth consecutive day and is trading more than 17% higher in 2025. Amid fear of higher inflation, a recession and the tariffs war escalating investors continue to invest into Gold pushing demand higher. The trade policy from April 2nd onwards continues to be a key factor for the whole market. Can Gold maintain its upward trend? Trade Policy From Tomorrow Onwards Starting as soon as tomorrow, a 25% tariff will be imposed on all passenger cars imported into the United States. While this White House policy is anticipated to negatively affect European industrial performance, it will also lead to higher transportation and maintenance costs for everyday American taxpayers. The negative impact expected on both the EU and US is one of the reasons investors continue to buy Gold. Additionally, last month, President Donald Trump announced reciprocal sanctions against any trade partners that impose import restrictions on US goods. Furthermore, tariffs on products from Canada and the EU could increase even more if they attempt to coordinate a response. Overall, investors continue to worry that new trade barriers will prompt retaliatory measures, particularly from China, the Eurozone, and Japan. Any retaliation is likely to escalate the trade conflict and prompt another reaction from the US. Experts at Goldman Sachs and other investment banks warn that this will lead to rising inflation and unemployment. They also caution that it could effectively halt economic growth in the US.   XAUUSD 1-Hour Chart   The Weakness In The US Dollar Another factor which is allowing the price of XAUUSD to increase in value is the US Dollar which has been unable to maintain any bullish momentum. Despite last week’s Core PCE Price Index rising to its highest level since February 2024, the US Dollar has been unable to see any significant rise in value. Due to the US Dollar and Gold's inverse correlation, the price of Gold is benefiting from the Dollar weakness. Investors worry that new trade barriers will prompt retaliatory measures from China, the Eurozone, and Japan, potentially escalating the conflict. Experts at The Goldman Sachs Group Inc. believe that such actions by the US administration will drive rising inflation and unemployment while effectively halting economic growth in the country. Can Gold Maintain Momentum? When it comes to technical analysis, the price of Gold is not trading at a price where oscillators are indicating the instrument is overbought. The Relative Strength Index currently trades at 68.88, outside of the overbought area, since Gold’s price fell 0.65% during this morning’s session. However, even with this decline, the price still remains 0.40% higher than the day’s open price. In terms of fundamental analysis, there continues to be plenty of factors indicating the price could continue to rise. However, the price movement of the week will also partially depend on the employment data from the US. The US is due to release the JOLTS Job Vacancies for February this afternoon, the ADP Non-Farm Employment Change tomorrow, and the NFP Change and Unemployment Rate on Friday. If all data reads higher than expectations, investors may look to sell to lock in profits at the high price. Key Takeaway Points: Gold’s Rally Continues – Up 17% in 2025 as investors seek safety from inflation, recession fears, and trade tensions. Trade War Impact – New US tariffs and potential retaliation from China, the EU, and Japan drive uncertainty, boosting Gold demand. Weak US Dollar – The Dollar’s struggle supports Gold’s rise due to their inverse correlation. Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • PM Philip Morris stock, top of range breakout at https://stockconsultant.com/?PM
    • EXC Exelon stock, nice range breakout at https://stockconsultant.com/?EXC
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.