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Searching for entries matching thinkorswim, looking in keywords for any words
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BruCumulative

This plots the cumulative of price for any symbol, from several optional starting points. Default symbol $TICK gives the CTick plot, but you can use $TIKRL or any other symbol.

Chart
Day
Week
Month
Year

The price used is Typical (H+L+C) / 3.

Showing Up/Down colors is optional.

Rev 1.0: 10/24/2015

Category ThinkOrSwim

Details: BruCumulative
Category: ThinkOrSwim

October 24th, 2015
Size: 1.73 KB
Downloaded: 416 times

Keywords: dalebru thinkorswim tick tos ctick cum

Gann HiLo

Gann HiLo indicator/activator port to ToS. Buy/sell lines are customizable as are the length and MA type (this version uses SMA, EMA, DEMA, Hull).

Category ThinkOrSwim

Details: Gann HiLo
Category: ThinkOrSwim

July 4th, 2010
Size: 836 bytes
Downloaded: 922 times

Keywords: gann thinkorswim hilo

Instantaneous Trend

Instantaneous Trend from "Cybernetic Analysis for Stocks and Futures" by Ehler. This is a port to ThinkorSwim. This version has the Itrend color coded for up and down trends. The trigger is not colored. If you would like it added, give me a holla.

version 1.0

Category ThinkOrSwim

Details: Instantaneous Trend
Category: ThinkOrSwim

July 24th, 2010
Size: 588 bytes
Downloaded: 1148 times

Keywords: thinkorswim trend instantaneous

JeffsADX for ThinkorSwim

Thanks Jeff and all the others who contributed to the JeffsADX v1 indicator. This is a port to ThinkorSwim.

The ToS study has been uploaded as a txt file. If you want to import it ToS, then change the extension to .ts. Alternatively, copy the content of the txt file to a new study in ToS.

Category The Elite Circle

Details: JeffsADX for ThinkorSwim
Category: The Elite Circle

April 14th, 2010
Size: 1.43 KB
Downloaded: 266 times

Keywords: adx thinkorswim

KR_DMI_v4 for ToS

This is my own implementation of ADX/DMI indicator for ToS.. still keeps the original approach

ADX line is allowed to go negative when the trend is down
we use ExpAverage for calc of DI+/DI- and HullAvg for smoothing
some visibility enhancement adding color coding to ADX (up, down & Alert)
improve visibility of Net pressure of price movement (using Addcloud)

Usage is similar to the original ADX: a trend starts above/blow 20 or 30levels (adjustable)

A sell/buy is suggested when the DI lines cross *AND* the ADX line is Cyan or Red

feedback & comments appreciated...
RedK @ Live.com ..... July 2012

Category The Elite Circle

Details: KR_DMI_v4 for ToS
Category: The Elite Circle

July 20th, 2012
Size: 2.11 KB
Downloaded: 233 times

Keywords: adx dmi redk thinkorswim tos

KR_DMI_V4b for ToS

a small visual enhancement from KR_DMI_V4:

since we practically care about the Net DI (difference between DI+ and DI-), which shows what price pressure is prevailing (buying vs selling) and causing the move, i removed the original lines, and replaced with a zero-base cloud that represents that Net Difference.
removed smoothing in calc from DI lines and Net difference. allowing it to act as a "relatively" leading indy for price move.
it's now easier to spot divergence between that net DI difference "cloud", and Price Action or ADX movement, suggesting current trend move maybe about to end or ease down. see attached screenshot.
ADX line is still the same.
Default "trend" level changed to 25.

thanks, RedK

Category The Elite Circle

Details: KR_DMI_V4b for ToS
Category: The Elite Circle

July 21st, 2012
Size: 2.22 KB
Downloaded: 524 times

Keywords: adx dmi redk thinkorswim tos

KR_PriceLevels_v1 for ToS

here's a quick one.. inspired by range charts, but simplified and still painted on regular time charts..

i needed something to help me spot common S/R levels and also watch price moves between levels of either % of price or in blocks of a certain dollar value (0.2, 0.5, 1.0 ... etc)

default is to show moves in increment of 0.5% of all-time (based on chart) mid-price, but can be changed to better suit the time aggregation and the underlying price range we're looking at (for shorter timeframe, you may want to look at $.25 levels, for a stock like AAPL you want to look at a $5.0 increments and so on)

The percentage level value is always approximated to the nearest multiple of $0.1 to make it meaningful.

if there's a setting in Override Range Unit, then that's the one the study will use as a unit for the incermental levels.

you can show/hide the levels calc details labels on top using the study settings.

found it interesting and it helps hide a lot of noise from price - also comes closer to my own view of Darvas so thought to share for the Range Chart & breakout trading fans..
Cheers,
RedK

Category The Elite Circle

Details: KR_PriceLevels_v1 for ToS
Category: The Elite Circle

August 23rd, 2012
Size: 1.58 KB
Downloaded: 252 times

Keywords: breakout levels price range redk thinkorswim tos

KR_SMI_v2: based on Stochastic Momentum Index (SMI) for ToS

if you use a Momentum study to identify swings, or start/end of a price move, you may like this one.
in KR_SMI, i try to improve the visulaization and signal of ToS's Stochastic Momentum Index

1. i didn't like that it uses double EMA, so i changed that into a single-time EMA.

2. K Period, d Period .. confusing.. in reality SMI tries to identify the recent movement compared to a longer-term price shift. so i changed that into Look_Back_Period and Length

3. Signal is generated thru a crossing with a slower/smoothed EMA of SMI line. in reality, we can see the change of SMI line trend using colors and get an earlier signal for swings or price move shifting direction (Green = momentum up, red = momentum down, Yellow = possible swing detected)

4. crossing the zero line means a lot (momentum reversing). this is ignored in original indicator. so we added a zero line. Overbought/oversold are at +/-50% by default - but you can change that

screenshot shows how this compares vs the classic SMI in ToS

Best used together with a trend following indicator for a confirmed entry/exit signals.

just realized all the indicators i posted are optimized for dark chart background color. they will look ugly on light-color charts. sorry for that.
beware of a bug in ToS, when you use Inertia or Hull smoothing with AddChartLabel, and you try to enter a lower smoothing value in study settings, the indicator calc behaves erratically. if that happens, remove/re-add the study to your chart. i just found out about that and will report it.

as usual, please do not share outside BMT.
All feedback welcome,
RedK

Category The Elite Circle

Details: KR_SMI_v2: based on Stochastic Momentum Index (SMI) for ToS
Category: The Elite Circle

August 17th, 2012
Size: 1.75 KB
Downloaded: 318 times

Keywords: momentum redk smi stochastic thinkorswim tos

KR_Trender V3 Experimental for ToS

this is a test version of KR_Trender. pls test and provide feedback. this is not a final indicator (yet).

pls see full post here
https://nexusfi.com/stocks-etfs-trading/21886-how-do-you-define-bullish.html

RedK

quick update to V3b.. still experimental and awaiting tester's feedback

1. Fix Typo (HL3 to HLC3), the calculation was correctly using HLC3.
2. trender will be yellow in the "no-trend" zone. Cyan when positive trend detected, and Magenta when negative trend is detected. you can still trade the no-trend zone, beside being more risky and unconfirmed, profit won't be as high as within a confirmed trend.
3. added an optional "weight factor" for the fast price action. this serves to magnify the short-term move vs the longer term trend (can be set to equal weight =1 in the study options)

my kids call this "the Rainbow" - so it's aka Rainbow Trender

..
all the best,
RedK

Category The Elite Circle

Details: KR_Trender V3 Experimental for ToS
Category: The Elite Circle

July 27th, 2012
Size: 3.49 KB
Downloaded: 130 times

Keywords: redk thinkorswim tos trend trender

K_BetterVolume for ToS

Update 20 Oct 2013: a variation of this study that tracks only the net avg volume ratio has been posted here https://nexusfi.com/download/vip_elite_circle/1449-download.html?view
thx, K

Posted some examples on how to use in reading charts and action
https://nexusfi.com/elite-circle/27433-k_bettervolume-tos-new-version-downloads.html
Here's an interesting view of volume that I've been watching for a while. Added to the K_BetterVolume indicator I posted here a while back.
Instead of watching the classic volume bar by bar plot, I started watching the average buy vs sell for a period, which I found much more insightful. A stronger/more sustained price move is usually associated with a net volume avg forming in the same direction, also moves with no strong volume supporting them will possibly be short-lived- this simple way to view volume is especially useful when there's no easy way to track volume at bid/ask level, or if you don't want to go that deep...

Changes in this version:

A simple way to track Buy vs Sell volume for a given length of bars, "Directional Volume, or Volume Pressure or VXNet", which is the net of ratio of buy vs sell avg volume (WMA) to the overall volume average. inspired by a similar concept in one of Elder's study
added a volume buzz label calculation (the closest I could get to a VolBuzz calc in ToS, impossible to do in custom WatchLists or scans). By Changing the chart aggregation, I can check the VolBuzz (basically current bar's volume vs longer average volume of same time interval)
VXNet can be displayed on top of the "classic" volume plot, or separately .. changing plot settings enables to view it as a histogram, or just a simple green/red cloud.. see screencap for examples of how this study can be set
VXNet is zero-lag smoothed, however keep smoothing as small as possible (3 to 5) not to lose traction to actual volume trend change
informative labels, can be turned on or off - Dynamic coloring

Changes in V3 - May, 2013
--------------

Changed the Algo that calculates Sell / Buy volume to the same one developed by Barry Taylor at EminiWatch for TradeStation, and mentioned in our VSA for thinkorswim thread here https://nexusfi.com/thinkorswim-programming/3477-vsa-thinkorswim.html

this algo does test well and provides a better signal (sometimes up to 3 bar improvment) than taking the whole volume bar as a buy or sell volume based on the close vs open technique in prior version..

The Dynamics coloring of the info labels still there, provides visual clue for major volume spikes that deserve attention

code is commented.. TOS Study setup "baloon mini-guide" also included.

RedK

Category The Elite Circle

Details: K_BetterVolume for ToS
Category: The Elite Circle

May 16th, 2013
Size: 3.57 KB
Downloaded: 1119 times

Keywords: bettervolume redk thinkorswim tos volume

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