Custom ThinkScript Indicator Scripts for the Think Or Swim Platform
Posted in Educational on Oct 22nd, 2009
UPDATE: This looks to be a much easier way to accomplish the $TICK alerts without use of a complex formula. I’ll leave the Complex Alert methodology below as a reference.
1) Just set up a TOS alert like you would for any other symbol (i.e. LAST at or above 1000/ at or below -1000), check “Recreate [...]
Posted in Educational on Jun 7th, 2009
In part one I discussed the use of the ZigZag function as the engine behind ThinkScripter AutoFibLines.* In part two, the methodology for saving the resulting swing highs and lows using the rec variable was added. At this point, every bar now “knows” the most recent swing high and low and can do the [...]
Posted in Educational, Indicator on Jun 2nd, 2009
Recall from part one that the core engine driving the ThinkScripter AutoFibLines script is TOS’ built in ZigZagSign() function. I chose to harness the power of this function rather than re-invent the wheel to capture the swing highs and lows needed to draw Fibonacci lines. With this piece of the code complete, the script enables [...]
