ThinkOrSwim Count Number of Days Range Larger than a Value

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Updated April 9, 2016

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ThinkOrSwim Count Number of Days Range Larger than a Value

April 9th, 2016, 12:01 AM

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JVP3122

Newark, NJ United States

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I'm trying to create a very simple label that displays the number of days (or bars, whichever you prefer) that the range has been larger than a prescribed value. I'm attaching a code that I'm trying to check to see how many days in the last 252 saw the TrueRange be larger than 5 as an example.

Code

input RangeSize = 5;

def numberofdays = fold i = 0 to 252 with resultVal = 0 do if TrueRange(high[i],close[i],low[i]) > RangeSize then resultVal = resultVal + 1;

I've never tried using fold before but I'm not seeing, just based on the ThinkScript examples online, what I've screwed up here and would appreciate any help.

Last Updated on April 9, 2016