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Thinkscript to MT4 question
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Thinkscript to MT4 question

  #1 (permalink)
Trading Apprentice
Jakarta Indonesia
Futures Experience: Beginner
Platform: MetaTrader
Favorite Futures: EUR/USD
Posts: 2 since May 2014
Thanks: 0 given, 0 received

Thinkscript to MT4 question

Hello everyone.

First of all, I hope I'm posting this in the correct forum.

I'm a complete newbie on Thinkscript as my daily platform is Metatrader. However I have a Thinkscript code that I'd like to convert to run on MT4. I can figure out most of the code, however some lines puzzle me.

def VarA = Highest(high, VarP) - Lowest(low, VarP);
def VarR1 = if VarA == 0 and VarP == 1 then AbsValue(close - close[VarP]) else VarA;
def VarB = Highest(high, VarP)[VarP + 1] - Lowest(low, VarP)[VarP];

I'm interested in the Highest function used in the above code. At the first line, I assume the code "Highest(high, VarP)" will return the highest high of VarP bars back from the current bar (please correct me if I'm wrong here). However I cannot guess what the 3rd line is trying to do with the notation Highest(high, VarP)[VarP + 1]. It seems that the [VarP + 1] part is used as index, but an index to what exactly?

Please help me to understand the code above. Feel free to point me to any documentation which explain this kind of use of the function. I've searched through the online documentation but I can't find any instance where this function is used in this way.

Thanks and best regards.

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  #2 (permalink)
Trading Apprentice
Jakarta Indonesia
Futures Experience: Beginner
Platform: MetaTrader
Favorite Futures: EUR/USD
Posts: 2 since May 2014
Thanks: 0 given, 0 received

Sorry for bumping, but, nobody really can help me explain the code?

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  #3 (permalink)
1.Fibs 2.??? 3.Profit
Puerto Rico
Futures Experience: Intermediate
Platform: thinkorswim
Broker/Data: TD Ameritrade
Favorite Futures: ES
rmejia's Avatar
Posts: 384 since Oct 2010
Thanks: 3,597 given, 424 received

The number inside the [ ] is usually the lookback for the aggregation period. So it could be the previous Highest two periods ago [2] if the length is 1 (VarP).

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  #4 (permalink)
Trading Apprentice
Bangalore + Karnataka/India
Futures Experience: Intermediate
Platform: TradeStation
Favorite Futures: Gold, EUR/JPY and GBP/JPY
Posts: 1 since Apr 2013
Thanks: 0 given, 0 received

Hi spectra9,

Your question is too old but, i came across currently. So, replying as per my best knowledge.

You can go through the thinkorswim reference manual.

====> def VarA = Highest(high, VarP) - Lowest(low, VarP);

Following link will give you details about highest function, you have been asking about.
please google (thinkorswim reference highest).
====> def VarA = Highest(high, VarP) - Lowest(low, VarP);
please google (thinkorswim reference def)
Similarly, you can find all the syntax and pre-defined function library information here.

Hope this helps you. surely it is too late. but in case you are still looking for it.


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