Custom ThinkScript Indicator Scripts for thinkorswim
Posted in Indicator on Feb 20th, 2009
In an ongoing effort to simplify my charts I have modified the Market Breadth indicator to be superimposed on the volume. You must have the “Overlapped Volume” style setting selected. You can display NYSE or NASDAQ advancing-declining issues or advancing-declining volume. There is a scaling factor to minimize the plot to suit your needs. # [...]
Posted in Indicator on Feb 16th, 2009
UPDATE 16 Feb 09: Changed a bit of the code around to make the study look a little better. You can hide the open and close dots as well for an even cleaner look. I had numerous reader requests to create the Value Chart in thinkScript. The development, concepts and usage of these charts can [...]
Posted in Indicator on Feb 14th, 2009
UPDATE: 14 Feb 09 – Added the option to only display the current day’s opening range for a cleaner appearance on charts. This script will plot the opening range high and low for the specified time period. A great video on opening range trading can be found at MarketGauge.com
Posted in Indicator on Feb 8th, 2009
I had a reader request an implementation of the Camarilla pivots. Rather than re-invent the wheel, I grabbed ToS’ new Person’s Pivots script, jammed in the Camarilla formulas, cut out some extra plumbing, and voilà. By default the pivot, H1, H2, L1, and L2 levels are hidden. My quick research of these pivots suggested the [...]
Posted in Indicator on Feb 7th, 2009
Plots the midline between the various daily pivot levels. Code updated after the February ToS build broke the script. # PIVOTPOINTSMIDLINE # (c) 2009 http://www.thinkscripter.com # thinkscripter@gmail.com # Last Update 26 Jan 2009 def pp = pivotPoints()."PP"; def r1 = pivotPoints()."R1"; def r2 = pivotPoints()."R2"; def r3 = pivotPoints()."R3"; def s1 = pivotPoints()."S1"; def s2 [...]
