Custom ThinkScript Indicator Scripts for the Think Or Swim Platform
Posted in Indicator on Sep 29th, 2009
NOTE:The original post of the code had the > signs swapped with < signs and is now fixed.
Here’s one for the folks over at EminiAddict and followers of Dave Halsey’s methods. This study is designed only to run on an intraday chart of the $TICK. The day’s range is indicated by the red and green [...]
Posted in Indicator on Sep 27th, 2009
I’ve taken the ThinkScripter Volume Profile indicator and crafted a supplemental version, the TPO Profile. The Time Price Opportunity method is used for the creation of Market Profile histograms. Volume is completely ignored, and instead, we count the number of times a given price occurs throughout the chart (i.e. A Time Price Opportunity). This [...]
Posted in Indicator on Sep 20th, 2009
One of our members requested an implementation of Sylvain Vervoort’s Short-Term Volume and Price Oscillator as described in the November 2007 issue of Stocks and Commodities magazine. In essence, when the price is trending up and volume is increasing, volume is added into the oscillator calculation. Conversely, when price is trending down and volume is [...]
Posted in Indicator on Sep 12th, 2009
Scratch another off the Top Ten list – we finally got the ability to color the paintbars from within thinkscript. The new assignPriceColor() function does just that. I was able to quickly convert several studies over to use this new capability and they will be posted in this weekend’s member update. Here are screen shots [...]
Posted in Analysis on Sep 9th, 2009
Volume speaks….well, volumes – Various timeframe looks at the market using the new Volume Profile study. You’ll see I’ve added the first and second standard deviation bands onto the VWAP. I expect to push the update out this weekend with some other subtle improvements. Thanks to everyone for the encouragement to get this project completed [...]
