Custom ThinkScript Indicator Scripts for the Think Or Swim Platform
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 [...]
Here’s another one from the mind of Sylvain Vervoot. In “Trading With The Heikin-Ashi Candlestick Oscillator” (Stocks and Commodities, December 2008), Vervoot describes a methodolgy for creating a “visual tool to complement (Heikin-Ashi) candlesticks, helping you enter and exit trades, resulting in higher profits per trade.” In a nutshell, the Heikin-Ashi Candlestick Oscillator (HACO) uses [...]
Posted in Indicator on Mar 7th, 2009
Like the Heikini-Ashi trend mechanism but don’t like the candlesticks? This one’s for you. It plots a signal on the price bar when the Heikin-Ashi trend changes while using traditional candlesticks or bar charts.
# HEIKINASHISIGNALS
# (c) 2009 http://www.thinkscripter.com
# thinkscripter@gmail.com
# Last Update 28 FEB 2009
def haclose = (open + high + low + close) / 4;
rec [...]
