Thinkscripts

September 29th, 2012, 09:38 AM

@bpenson68, what's a tick counter

can you tell me more? haven't come across anything like this in ToS...

October 1st, 2012, 06:56 PM

RedK

@bpenson68, what's a tick counter

can you tell me more? haven't come across anything like this in ToS...

In woodies Cci system there is 3 minute timer used to make trades. He uses 3 min bars. If the condition is met the trade is made with 20 secs left on the timer

When using tick aggregation, let's say 133 ticks per bar, a tick counter would let you know how many ticks were left before the bar closes, it could be used to pull the trigger if the condition looked for is met, for example early entry on cci breaking 45 after 100
Ticks

Here is link to someone who was searching for it on trade station
Tick Counter for Tradestation - TL - 3480

October 2nd, 2012, 04:02 PM

I was hoping you might be able to guide me or tell me what to add to the code below to have the SMA green on incline and red on flat or decline, with the option of being able to turn colorizing off and have it be a chosen color. In other words my 100, 200 SMA i want to be a chosen color while the 50 SMA I want to change colors depending on direction. Below is the default thinkscript for the SMA

input price = FundamentalType.CLOSE;
input aggregationPeriod = AggregationPeriod.DAY;
input length = 9;
input displace = 0;
input showOnlyLastPeriod = no;

plot DailySMA;

if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
DailySMA = Double.NaN;
} else {
DailySMA = Average(fundamental(price, period = aggregationPeriod)[-displace], length);
}

DailySMA.SetDefaultColor(GetColor(1));
DailySMA.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

October 2nd, 2012, 04:42 PM

bldrmtnman

I was hoping you might be able to guide me or tell me what to add to the code below to have the SMA green on incline and red on flat or decline, with the option of being able to turn colorizing off and have it be a chosen color. In other words my 100, 200 SMA i want to be a chosen color while the 50 SMA I want to change colors depending on direction. Below is the default thinkscript for the SMA

input price = FundamentalType.CLOSE;
input aggregationPeriod = AggregationPeriod.DAY;
input length = 9;
input displace = 0;
input showOnlyLastPeriod = no;

plot DailySMA;

if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
DailySMA = Double.NaN;
} else {
DailySMA = Average(fundamental(price, period = aggregationPeriod)[-displace], length);
}

DailySMA.SetDefaultColor(GetColor(1));
DailySMA.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

Hi,
after you copy the above code to another study, and give it a name, say, myColoredDailySMA, replace the line in red with below line..should do the trick.. then add as many studies as you need SMA's to the chart.. use the built-in SMA for the non-colored SMA's (choose the color from study settings) and your new custom study for the colored ones..

hope this helps,
cheers,
RedK

Code

DailySMA.AssignValueColor(if DailySMA > DailySMA[1] then color.green else color.red);

October 2nd, 2012, 05:24 PM

pbenson68

In woodies Cci system there is 3 minute timer used to make trades. He uses 3 min bars. If the condition is met the trade is made with 20 secs left on the timer

When using tick aggregation, let's say 133 ticks per bar, a tick counter would let you know how many ticks were left before the bar closes, it could be used to pull the trigger if the condition looked for is met, for example early entry on cci breaking 45 after 100
Ticks

Here is link to someone who was searching for it on trade station
Tick Counter for Tradestation - TL - 3480

sorry if i can't help with that one.. tick charts = unchartered area for me..

October 6th, 2012, 10:51 AM

RedK,

How can we make that colored SMA into an EMA the same way bldrmtnman Posted it.

Thanks

Hguru

October 6th, 2012, 01:14 PM

Hguru

RedK,

How can we make that colored SMA into an EMA the same way bldrmtnman Posted it.
Thanks
Hguru

@Hguru,

all you need is a quick change of the average formula line into "expaverage" instead of the simple "average". i also changed the variable name to go with that..

sorry if i can't test this as you know but it should work.. paste the below code into a new study, and call it anything, like MyDailyEMA .. hope this works

Code

input price = FundamentalType.CLOSE;
input aggregationPeriod = AggregationPeriod.DAY;
input length = 9;
input displace = 0;
input showOnlyLastPeriod = no;

plot DailyEMA;

if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
DailyEMA = Double.NaN;
} else {
DailyEMA = Expaverage(fundamental(price, period = aggregationPeriod)[-displace], length);
}

DailyEMA.AssignValueColor(if DailyEMA > DailyEMA[1] then color.green else color.red);
DailyEMA.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

October 6th, 2012, 04:16 PM

RedK,

I will check it out. I appreciate the effort. Got to keep those TOS programing juices flowing

Thanks

Hguru

October 11th, 2012, 12:09 AM

RedK

sorry if i can't help with that one.. tick charts = unchartered area for me..

No problem, there are bigger fish to fry I learned from this site that TOS has a lag, all my work is garbage if this can't be solved

October 11th, 2012, 07:47 PM

RedK

@Hguru,

all you need is a quick change of the average formula line into "expaverage" instead of the simple "average". i also changed the variable name to go with that..

sorry if i can't test this as you know but it should work.. paste the below code into a new study, and call it anything, like MyDailyEMA .. hope this works

Code

input price = FundamentalType.CLOSE;
input aggregationPeriod = AggregationPeriod.DAY;
input length = 9;
input displace = 0;
input showOnlyLastPeriod = no;

plot DailyEMA;

if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
DailyEMA = Double.NaN;
} else {
DailyEMA = Expaverage(fundamental(price, period = aggregationPeriod)[-displace], length);
}

DailyEMA.AssignValueColor(if DailyEMA > DailyEMA[1] then color.green else color.red);
DailyEMA.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

RedK

Thanks for the effort to put up the code.
I wanted to change up the color, though I could go in and change the code for the color to a default, such as:

DailyEMA.AssignValueColor(if DailyEMA > DailyEMA[1] then dark_green else color. dark_red);

is there a simple way to make that a selectable color for the two colors? I find there is too much red and green employed elsewhere in the chart, so it makes the EMA too similar to other indicators, making it difficult to differentiate between them.

Thinkscripts

Discussion in ThinkOrSwim

Thinkscripts