The majority of scripts on this site are posted openly for you to use, learn from, and help create your own scripts. As a courtesy, I would appreciate a reference in your header if you use a portion of my code. Some of the more detailed scripts are reserved as thank you gifts for the PRO members who help support the site with a donation.
VIEW ALL | Trend | Oscillator | Support and Resistance | Options | Internals | Pro | Volume
This is a modified Heikin-Ashi trend indicator made popular by John Carter and widely available across the internet for other platforms. Continue reading
The colored blocks are analogous to those of the traditional Renko chart. Trend change is indicated when the next block begins to form in the alternate color. Continue reading
Simply shows how deep the current correction is in percentage terms from the high. It is designed for use on daily charts during intermediate term pullbacks. Continue reading
Display intraday option volume for a set of five option strikes. Continue reading
VWAP (Volume Weighted Average Price) and three VWAP standard deviation bands. Continue reading
Monitors multiple timeframes simultaneously and indicates when an overbought or oversold alignment exists with either a red or green vertical band. Continue reading
A sine wave cycle support and resistance study similar to Barry Taylor’s excellent indicator (non-TOS) at Emini-Watch.com. Continue reading
Stochastic Momentum Index showing divergences with arrows. Continue reading
The Market Thrust indicator combines a plot of (Advancing Issues X Advancing Volume) – (Declining Issues x Declining Volume). Continue reading
Displays the Advance Decline Ratio or Advancing-Declining Issues in a little box at the upper left. Continue reading
Volume/Price Trend plots the linear regression of the volume/price for the user specified last number of bars with the color of line reflecting the slope. Continue reading
Daily versions of both the Volume Profile and TPO Profile. (REPLACED BY TOS NATIVE VERSIONS) Continue reading
Here’s a Saturday evening quickie. Lou dropped into the forum last week looking for a simple thinkScript conversion of the DT Oscillator code he had. It’s pretty basic but I thought I’d post it here in case you missed it … Continue reading
The day’s $TICK range is indicated by the red and green horizontal envelope. Each new high TICK (NHT) or new low TICK (NLT) will push the envelope lines out giving you a handy reference. Continue reading
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. Continue reading
Sylvain Vervoort’s Short-Term Volume and Price Oscillator. Continue reading
Paintbar versions of ScalperBuySell, HeikinAshiCandlestickOscillator, and HeikinAshiTrend indicators. Continue reading
The Original ThinkScripter Volume Profile. REPLACED BY TOS NATIVE VERSION. Continue reading
Larry Williams simple creation of a synthetic VIX for any security. Continue reading
Plots a trendline that represents the linear volume based trend for that period. Continue reading
The DeMark Pressure Ratio indicator seeks to quantify accumulation/distribution through a combination of volume and price action. Continue reading
Swing trading technique: Go long when the price breaks above the highest high from the last n days and go short when the lowest low of the last n days is broken. Continue reading
Indicates when the VIX has stretched to 5% or greater from its 10 period moving average. Continue reading
A study comparing the current price bar’s volume to historical volume in the same bar on previous days. Continue reading
Trade Zones plots either a red or green box around any time you designate in the study properties. Continue reading
Plots a close approximation of the cycle point moving average. Continue reading
An early implementation of the McClellan Oscillator. Since replaced by the TOS native version. Continue reading
Up/Down volume ratio of the average volume of the /ES, /YM, /NQ, and /TF combined. Continue reading
Draws a high and low price channel corresponding to the price range of the selected period’s highest volume bar. Continue reading
The Master Indicator is a “FrankenStudy” combination of about five other studies. Continue reading
Basic set of user input fixed pivots. Continue reading
Evaluates the monthly, weekly, and daily pivot levels, makes a comparison and only plots the levels that are within a specified percentage of each other. Continue reading
Weekly and monthly pivots that remain constant for that whole period. Continue reading
A set of pivot points (Floor, Camarilla, DeMark Hi/Lo, Woodie’s) based on regular trading hours (RTH 0930-1600 EST) only regardless of the hours displayed. Continue reading
A triple stochastic oscillator using the high+low/2 as the base data point. Continue reading
Linda Bradford Raschke (LBR) 3/10 oscillator. The fast line (red) is a 10 period simple moving average subtracted from a 3 period simple moving average. The slow line (cyan) is then a 16 period SMA of the slow line. Continue reading
The Heikin-Ashi Candlestick Oscillator (HACO) uses the triple exponential moving average (TEMA) to filter out some of the whipsaws inherent in basic Heikin-Ashi candlesticks. Continue reading
Sylvain Vervoort’s trading method using the crosses of two unique moving averages: a zero-lag triple exponential moving average of 1) the typical price (h+l+c)/3 and 2) the Heikin-Ashi close. Continue reading
AutoFibs will automatically draw a set of user-defined fib levels and extensions based on the previous swing high and low. Continue reading
Experimental polarized oscillator using the average value of the TRIN and TRINQ. The oscillator has been inverted so that a rising oscillator line is indicative of rising prices vice the way the actual TRIN works. Continue reading
Each hour (or any time period you choose), the pivot levels will be recalculated based on the last hour’s high/low/close. Continue reading
The last bar’s price change is represented as its ratio to the standard deviation of the price action over a recent period. Continue reading
Sometimes called the Price Headley Efficiency Ratio made popular by his Big Trends web site and book. In actuality it is the Kaufman Efficiency Ratio. Continue reading
A variable moving average, the VIDYA, as described in The New Technical Trader by Tushar Chande and Stanley Kroll. Continue reading
The moving average of your choice with the color of the line based on the slope of the line. Continue reading
Multi-Stops will plot five different types of volatility stops: Average True Range Stops, Wilder Average Stops, Chandelier Stops, Elder Safe Zone Stops and Fibonacci Stops. Continue reading
Displays the previous day’s regular trading hours high/low/close as well as two custom pivots. The script works on both 24H charts as well as Trading Hours only charts. Continue reading
It plots a signal on the price bar when the Heikin-Ashi trend changes while using traditional candlesticks or bar charts. Continue reading
An upper study that plots Fisher Transform signals on the price bars. Continue reading
Upper price chart version of Stochastic Madness. Continue reading
Three separate timeframe stochastic indicators are plotted in a binary fashion – oversold (green) – overbought (red). . When convergence across all three occurs, the top line will indicate the master signal. Continue reading
Based on Kaufman’s Adaptive Moving Average. It’s pretty simple: 1 = buy, -1 = sell, 0 = neutral. You can experiment with the filter percentage and period to suit your taste. Continue reading
Combination TICK and TRIN indicator to save screen space. Continue reading
The three day rolling pivot range. The pivots are calculated using 24 hour data (vice normal hours) which appears to be a limitation of ThinkScript’s high() and low() functions. Continue reading
Modified market breadth indicator superimposed on the volume. Continue reading
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 … Continue reading
This script will plot the opening range high and low for the specified time period. Continue reading
Plots the midline between the various daily pivot levels. Continue reading
The TIKI is just like the TICK indicator on the NYSE but only measures the Dow 30 stocks. Continue reading
Here’s my incarnation of John Carter’s Scalper Buys and Sells. Continue reading
The green bars represent the high tick reading, red the low, the white dots the close, and the white line is an EMA of the HLC3 data. You can set your extreme levels where you like as well as the EMA period. Continue reading
This indicator will plot market breadth for the NYSE or NASDAQ in one of four ways. Continue reading
This indicator attempts to capture the ratio of rising price volume to falling price volume. Continue reading
This script plots the highest regular-hours high, lowest regular-hours low, and midpoint pivot at each bar. Continue reading
Enter your desired working stop-loss amount. If your desired stop amount falls within the boundaries of the ATR envelope, the plot is blue. When the volatility increases such that your stop is probably insufficient, the plot turns red. Continue reading
Plots a dot above/below the current bar if an extreme NYSE $TICK reading is registered. Continue reading
MACD based on the HLC/3 datapoint better at showing divergences. Continue reading
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