Thanks a lot for the explanation, It really helpfull.

About TOS programming, is there any guide book or something so I can learn more about it ??
Once again thanks a lot

bambangww 

Thanks a lot for the explanation, It really helpfull. About TOS programming, is there any guide book or something so I can learn more about it ?? Once again thanks a lot

Hope this helps:

https://team.thinkorswim.com:7001/thinkscript/dark/index.html
The Complete Beginners Guide to Thinkscript « Read the Prospectus

Regards,
-C

Hi

I downloaded the code in TOS but not able to see the volume colors and bar colors. Is there any specify think I have to do.

Thanks
MG

Good Morning C,

May ask you about another thing, I have read about supertrend indicator from ninjatrader, I already ask many people about the logic behind that supertrend. I want to put it on my thinkorswim study. Coudl you tell me about the logic, because I can't figure it from the source code. I don't know about C# language.

Thanks for your Help

regard,

Wahyu

mgattani 

Hi I downloaded the code in TOS but not able to see the volume colors and bar colors. Is there any specify think I have to do. Thanks MG

Hi Mg,

You could click studies in TOS, choose edit studies ....
Click on VSA studies,
In the down side, there will be the properties, ..
from input criteria, slide it doew, then you could see color bar...
the default value is false, change it to true .

Hope this help ...

Regard,

Wahyu

bambangww 

Good Morning C, May ask you about another thing, I have read about supertrend indicator from ninjatrader, I already ask many people about the logic behind that supertrend. I want to put it on my thinkorswim study. Coudl you tell me about the logic, because I can't figure it from the source code. I don't know about C# language. Thanks for your Help regard, Wahyu

I'm no expert on SuperTrend, but here's a link to the non-c# formula (see post #10):

SuperTrend formula - Page 2 | Trade2Win Forums

Feel free to start a discussion about converting this to ToS.

Regards,
-C

Thanks for the great study, C. I've been experimenting with it over the past few days and intend to make it a permanent part of my trading screen. I am confused about the display of Very High in the Close field of the banner, however. It seems to display Very High where it should display Very Low. High, Mid, and Down seem to work fine, as does Very High for a bar that closes at the top. I've noticed that it seems to default to Very High on the opening of a bar and will also display Very High as a bar grows to the downside or if the bar closes at its low. Here are the two sections of code that might account for this:

# Check if the close is in the Highs/Lows/Middle of the bar.
def x1 = if (close == low) then avgSpread else (spread / (close - low));
def isUpCloseBar = (x1 < 2);
def isDownCloseBar = (x1 > 2);
def isMidCloseBar = (x1 < 2.2 && x1 > 1.8);
def isVeryHighCloseBar = (x1 < 1.35);

##

AddChartLabel(trendText, concat("Close: ", if (isVeryHighCloseBar) then "Very High"
else if (isUpCloseBar) then "High"
else if (isMidCloseBar) then "Mid"
else if (isDownCloseBar) then "Down"
else "Very Low"), Color.white);

I look forward to your comments. Thanks.

ThinkScripter – Custom ThinkScript Indicators for the [AUTOLINK]thinkorswim[/AUTOLINK] Trading Platform Buy him beer and enjoy the goodies.

snowcloud 

Thanks for the great study, C. I've been experimenting with it over the past few days and intend to make it a permanent part of my trading screen. I am confused about the display of Very High in the Close field of the banner, however. It seems to display Very High where it should display Very Low. High, Mid, and Down seem to work fine, as does Very High for a bar that closes at the top. I've noticed that it seems to default to Very High on the opening of a bar and will also display Very High as a bar grows to the downside or if the bar closes at its low. Here are the two sections of code that might account for this: # Check if the close is in the Highs/Lows/Middle of the bar. def x1 = if (close == low) then avgSpread else (spread / (close - low)); def isUpCloseBar = (x1 < 2); def isDownCloseBar = (x1 > 2); def isMidCloseBar = (x1 < 2.2 && x1 > 1.8); def isVeryHighCloseBar = (x1 < 1.35); ## AddChartLabel(trendText, concat("Close: ", if (isVeryHighCloseBar) then "Very High" else if (isUpCloseBar) then "High" else if (isMidCloseBar) then "Mid" else if (isDownCloseBar) then "Down" else "Very Low"), Color.white); I look forward to your comments. Thanks.

I double checked the original NT version. It has the same logic:

 

Code

// Check if the close is in the Highs/Lows/Middle of the bar.             x1 = (Close[0] - Low[0] == 0.00 ? avgSpread : (spread[0] / (Close[0] - Low[0])));             isUpCloseBar = (x1 < 2);             isDownCloseBar = (x1 > 2);             isMidCloseBar = (x1 < 2.2 && x1 > 1.8);             isVeryHighCloseBar = (x1 < 1.35);              ...             textMsg1 = textMsg1 + "\nClose:";             if (isVeryHighCloseBar)                 textMsg1 = textMsg1 + " Very High";             else if (isUpCloseBar)                 textMsg1 = textMsg1 + " High";             else if (isMidCloseBar)                 textMsg1 = textMsg1 + " Mid";             else if (isDownCloseBar)                 textMsg1 = textMsg1 + " Down";             else                 textMsg1 = textMsg1 + "Very Low";

I do think this is a valid concern. If close = low for the bar, then x1 is set to the average spread. So if the average spread is < 1.35, the result will be a "very high" close bar, which makes no sense since the close = low. It would reason that this piece of code needs to be reworked a bit. Clearly, if close = low, then it should be "very low", not "very high". However, cases where close = low = high should be taken into consideration as well.

Thanks for the good find! The reason I started this tread is to have peer reviews like this.

Regards,
-C

Thanks for your response, C. Will you have time to do a little code-tweaking on this issue? If not, I suppose I could try it myself but I'm not confident that the results will be satisfactory.