Custom ThinkScript Indicator Scripts for the Think Or Swim Platform
Posted in Indicator on Apr 29th, 2009
One of our forum members pointed out a problem with the Rolling Pivots study that caused them to fail when plotted on tick charts. After a bit of troubleshooting I found my mistake and got the study up and running again. Good as new. The update is posted in the “Requests” forum in the Gold [...]
Posted in Indicator on Apr 28th, 2009
Here’s another reader request for a basic set of user input fixed pivots. I’ve thrown in some extra plumbing to make the pivots auto-hide when price diverges a user selectable percentage from the pivot.
# TS_FixedPivots
# http://thinkscripter.wordpress.com
# thinkscripter@gmail.com
# Last Update 20 APR 2009
input hide_if_percent = 1.0;
input pivot = 800.0;
input r_1 = 810.0;
input r_2 = 820.0;
input r_3 [...]
Posted in Indicator on Apr 27th, 2009
YAPS!….yet another pivot study. Folks are requesting these so I keep doing them…. In this particular case we have a study that looks at the monthly, weekly, and daily pivot levels, makes a comparison and only plots the levels that are within a specified percentage of each other. In other words, we are looking for [...]
Posted in Indicator on Apr 24th, 2009
Here’s a Friday night quickie for the masses. I posted this in the forum earlier in the week. This is just the basic weekly and and monthly pivots with a slight improvement. If you’ve used the TOS pivots you might have noticed that the weekly and monthly pivots don’t behave as expected. Rather than stay [...]
Posted in Indicator on Apr 19th, 2009
Why create yet another set of pivots? First and foremost, I wanted a set of pivot points based on regular trading hours (RTH 0930-1600 EST) only regardless of the hours I have displayed. TOS allows you to display regular trading hours only or the full 24 hours. Unfortunately, the standard TOS pivot points will recalculate [...]
