NexusFi: Find Your Edge


Home Menu

 





Pairs trading issue


Discussion in ThinkOrSwim

Updated
    1. trending_up 4,333 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 1 attachments




 
Search this Thread
  #1 (permalink)
bogdan
Kiev, Ukraine
 
Posts: 1 since Jul 2014
Thanks Given: 0
Thanks Received: 0

Hello,

Please help me solve problem with thinkscript. I will be very grateful for help or any ideas.

Pair trading is my strategy. I would like to link 3 chart windows. First one I using for displaying pair chart (for example AAPL/MSFT). Second and third I using for displaying single charts (for example AAPL on second window and MSFT on third). I link all of these windows and would like to receive all charts by selecting only one pair in first window.

My problem that I can't find necessary thinkscript functional for ploting bar chart by symbol.

I write the next script:

 
Code
declare lower;
def value = close(GetSymbolPart(1)) / close(GetSymbolPart(2));
def isInverted = if value > 1 then no else yes;
def tickerIndex = if isInverted then 1 else 2;
plot chart = close(GetSymbolPart(tickerIndex));
But this script plots only close line. I would like to plot bar chart. Is it possible? Or maybe exists some unique charts linking method in thinkorswim software?

Thank you so much!


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trump Lands in Beijing on CPI Day: Iran Peace Expires To …
Prediction Markets & Event Contracts
Sundays Verdict: Lebanon Locked at 99.85% as Iran June 7 …
Prediction Markets & Event Contracts
Friday Update: Markets Now Pricing Fed Rate HIKES as Sta …
Traders Hideout
Thanks Mike. Godspeed.
The Elite Circle
El Clasico Draws $9.2M in Prediction Market Action -- Bi …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Big Mike in Ecuador
205 thanks
Sober Journey With S&P
21 thanks
30 Sessions
20 thanks
Volume Indicators
8 thanks
Thanks Mike. Godspeed.
7 thanks
  #2 (permalink)
 
rmejia's Avatar
 rmejia 
Puerto Rico
 
Experience: Intermediate
Platform: thinkorswim
Broker: TD Ameritrade
Trading: Options
Posts: 379 since Oct 2010
Thanks Given: 3,614
Thanks Received: 441

Not sure if this is what you are trying to do, but there is a link chart button to the right of the symbol input area:



Edit: I re-read what you wrote and I don't think there is a way to link a pair chart to make it split into the two separate symbols. The pair symbol is read as 1 symbol.


Reply With Quote




Last Updated on July 25, 2014


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts