Custom ThinkScript Indicator Scripts for the Think Or Swim Platform
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 [...]
Posted in Indicator on May 13th, 2009
Here is a bit of a twist on my earlier Up/Down Volume Ratio study. Rather than plot the ratio of an underlying equity or future contract, this study averages the volume of the /ES, /YM, /NQ, and /TF and performs the same calculations. In essence, I’m trying to see if more of the volume is [...]
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 [...]
