NexusFi: Find Your Edge


Home Menu

 


Quotes by TradingView
Go Back   >  Platforms and Indicators >  ThinkOrSwim  > 



My newest and best indicator EVER


Discussion in ThinkOrSwim

Updated
      Top Posters
    1. looks_one alagrande with 26 posts (23 thanks)
    2. looks_two tracer888 with 5 posts (3 thanks)
    3. looks_3 FunTrade with 2 posts (0 thanks)
    4. looks_4 tigertrader with 1 posts (11 thanks)
      Best Posters
    1. looks_one tigertrader with 11 thanks per post
    2. looks_two Big Mike with 7 thanks per post
    3. looks_3 alagrande with 0.9 thanks per post
    4. looks_4 tracer888 with 0.6 thanks per post
    1. trending_up 15,033 views
    2. thumb_up 50 thanks given
    3. group 17 followers
    1. forum 44 posts
    2. attach_file 16 attachments




Page 2 of 5 1 234 Last »
 
Search this Thread

My newest and best indicator EVER

  #11 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88

#histogram
declare lower;
input Channel_Length = 10; #10
input Average_Length = 20; #20, 11
input over_bought_1 = 60;
input over_bought_2 = 53;
input over_sold_1 = -60;
input over_sold_2 = -53;
input show_bubbles = yes;
input show_sec_bbls = no;
input show_alerts = yes;
def ap = hlc3;
def esa = ExpAverage(ap, Channel_Length);
def d = ExpAverage(AbsValue(ap - esa), Channel_Length);
def ci = (ap - esa) / (0.015 * d);
def tci = ExpAverage(ci, Average_Length);
def wt1 = tci;
def wt2 = SimpleMovingAvg(wt1, 2);

#plot zerobase =0;
#zerobase.setLineWeight(2);
#zerobase.setDefaultColor(color.white);
plot wt3 = (wt1 - wt2);
wt3.SetLineWeight(2);
wt3.SetDefaultColor(Color.YELLOW);
wt3.setStyle(1);
wt3.hide();
#---------------------------------

input length3 = 2;
input length3b =6;
input price = close;
input averageType = AverageType.WILDERS;

def NetChgAvg3 = MovingAverage(averageType, price - price[1], length3);
def TotChgAvg3 = MovingAverage(averageType, AbsValue(price - price[1]), length3b);
def ChgRatio3 = if TotChgAvg3 != 0 then NetChgAvg3 / TotChgAvg3 else 0;

plot RSI3 = 10 * (ChgRatio3 + 1) - 10;
rsi3.SETDefaultColor(color.WHITE);
rsi3.setLineWeight(2);
rsi3.hide();


input lengthr = 84;
#input price = close;
input averageType2 = AverageType.WILDERS;

def NetChgAvg = MovingAverage(averageType2, price - price[1], lengthr);
def TotChgAvg = MovingAverage(averageType2, AbsValue(price - price[1]), lengthr);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1)-50;
DEF RS = average(RSI, 2);
def RS_ = average(RS, 3);
#def all = (rs-rs_);

def diff = 6*(rs-rs_);
#diff.setDefaultColor(color.yellow);

plot rana = (diff-rsi3);
RANA.SETDefaultColor(color.red);
RANA.setLineWeight(2);
RANA.hide();
#plot diff_ = -16* average(rsi-rs_, 2);
#diff.setDefaultColor(color.gray);
#RSI2--------------------------------------
input length2 = 14;
#input price = close;
#input averageType = AverageType.WILDERS;

def NetChgAvg2 = MovingAverage(averageType, price - price[1], length2);
def TotChgAvg2 = MovingAverage(averageType, AbsValue(price - price[1]), length2);
def ChgRatio2 = if TotChgAvg2 != 0 then NetChgAvg2 / TotChgAvg2 else 0;

def RSI0 = 50 * (ChgRatio2 + 1) - 50;
def RSI2 = Average(RSI0, 1);
def rsi2_ = Average(RSI2, 2);

####
plot rall = (RSI2 - rsi2_);
rall.SetDefaultColor(Color.cyan);
rall.SetLineWeight(5);#5
rall.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
RALL.assignValueColor(if rall>0then color.cyan else color.pink);

#DASH
plot all = (wt3 - rall);
#all.SetStyle(3);
all.SetLineWeight(2);
all.SetDefaultColor(Color.green);
all.SetLineWeight(5);#5
all.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
ALL.assignValueColor(if all>0then color.green else color.DARK_GREEN);
###

plot diff0 = 2* (RSI2 - rsi2_);
diff0.SetLineWeight(5);#5
diff0.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
diff0.setDefaultColor(color.gray);

plot total = (RSI2 - diff0);
total.SetDefaultColor(Color.blue);
total.SetLineWeight(1);
total.Hide();

plot total2 = (all - rall);
#total2.SetStyle(3);
total2.SetLineWeight(2);
total2.SetDefaultColor(Color.red);
total2.assignValueColor(if total2>0 then color.red else createcolor(0, 100, 100));
total2.SetLineWeight(5);#5
total2.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);

#wt3.SetLineWeight(5);#5
#wt3.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
#end code

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
What broker to use for trading palladium futures
Commodities
MC PL editor upgrade
MultiCharts
Better Renko Gaps
The Elite Circle
How to apply profiles
Traders Hideout
 
  #12 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88

here is the code...
I made it into a histogram
Attachment 299354

Reply With Quote
Thanked by:
  #13 (permalink)
 
tracer888's Avatar
 tracer888 
Ashburn, VA
Elite Member
 
Experience: Beginner
Platform: NT8, ThinkorSwim
Broker: TD Ameritrade (currently)
Trading: MES MNQ
Posts: 65 since Feb 2014
Thanks Given: 24
Thanks Received: 65


Mine works sooooo how does the magic work?


(pasted screenshot)

Reply With Quote
Thanked by:
  #14 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88

#histogram
declare lower;
input Channel_Length = 10; #10
input Average_Length = 20; #20, 11
input over_bought_1 = 60;
input over_bought_2 = 53;
input over_sold_1 = -60;
input over_sold_2 = -53;
input show_bubbles = yes;
input show_sec_bbls = no;
input show_alerts = yes;
def ap = hlc3;
def esa = ExpAverage(ap, Channel_Length);
def d = ExpAverage(AbsValue(ap - esa), Channel_Length);
def ci = (ap - esa) / (0.015 * d);
def tci = ExpAverage(ci, Average_Length);
def wt1 = tci;
def wt2 = SimpleMovingAvg(wt1, 2);

#plot zerobase =0;
#zerobase.setLineWeight(2);
#zerobase.setDefaultColor(color.white);
plot wt3 = (wt1 - wt2);
wt3.SetLineWeight(2);
wt3.SetDefaultColor(Color.YELLOW);
wt3.setStyle(1);
wt3.hide();
#---------------------------------

input length3 = 2;
input length3b =6;
input price = close;
input averageType = AverageType.WILDERS;

def NetChgAvg3 = MovingAverage(averageType, price - price[1], length3);
def TotChgAvg3 = MovingAverage(averageType, AbsValue(price - price[1]), length3b);
def ChgRatio3 = if TotChgAvg3 != 0 then NetChgAvg3 / TotChgAvg3 else 0;

plot RSI3 = 10 * (ChgRatio3 + 1) - 10;
rsi3.SETDefaultColor(color.WHITE);
rsi3.setLineWeight(2);
rsi3.hide();


input lengthr = 84;
#input price = close;
input averageType2 = AverageType.WILDERS;

def NetChgAvg = MovingAverage(averageType2, price - price[1], lengthr);
def TotChgAvg = MovingAverage(averageType2, AbsValue(price - price[1]), lengthr);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1)-50;
DEF RS = average(RSI, 2);
def RS_ = average(RS, 3);
#def all = (rs-rs_);

def diff = 6*(rs-rs_);
#diff.setDefaultColor(color.yellow);

plot rana = (diff-rsi3);
RANA.SETDefaultColor(color.red);
RANA.setLineWeight(2);
RANA.hide();
#plot diff_ = -16* average(rsi-rs_, 2);
#diff.setDefaultColor(color.gray);
#RSI2--------------------------------------
input length2 = 14;
#input price = close;
#input averageType = AverageType.WILDERS;

def NetChgAvg2 = MovingAverage(averageType, price - price[1], length2);
def TotChgAvg2 = MovingAverage(averageType, AbsValue(price - price[1]), length2);
def ChgRatio2 = if TotChgAvg2 != 0 then NetChgAvg2 / TotChgAvg2 else 0;

def RSI0 = 50 * (ChgRatio2 + 1) - 50;
def RSI2 = Average(RSI0, 1);
def rsi2_ = Average(RSI2, 2);

####
plot rall = (RSI2 - rsi2_);
rall.SetDefaultColor(Color.cyan);
rall.SetLineWeight(5);#5
rall.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
RALL.assignValueColor(if rall>0then color.cyan else color.pink);

#DASH
plot all = (wt3 - rall);
#all.SetStyle(3);
all.SetLineWeight(2);
all.SetDefaultColor(Color.green);
all.SetLineWeight(5);#5
all.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
ALL.assignValueColor(if all>0then color.green else color.DARK_GREEN);
###

plot diff0 = 2* (RSI2 - rsi2_);
diff0.SetLineWeight(5);#5
diff0.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
diff0.setDefaultColor(color.gray);

plot total = (RSI2 - diff0);
total.SetDefaultColor(Color.blue);
total.SetLineWeight(1);
total.Hide();

plot total2 = (all - rall);
#total2.SetStyle(3);
total2.SetLineWeight(2);
total2.SetDefaultColor(Color.red);
total2.assignValueColor(if total2>0 then color.red else createcolor(0, 100, 100));
total2.SetLineWeight(5);#5
total2.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);

#wt3.SetLineWeight(5);#5
#wt3.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
#end code

Attached Thumbnails
Click image for larger version Name: Screen Shot 2020-05-19 at 12.54.24 PM.png Views: 312 Size: 126.6 KB ID: 299542  
Reply With Quote
Thanked by:
  #15 (permalink)
 
JonnyBoy's Avatar
 JonnyBoy 
Montreal, Quebec
Elite Member
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Kinetick
Trading: ES
Posts: 1,561 since Apr 2012
Thanks Given: 706
Thanks Received: 3,858


alagrande View Post
I STILL DONT HAVE A NAME FOR IT.

its a HISTOGRAM NOWAttachment 299123

You can't leave us hanging with such an enticing thread title! I am not on TOS so I have no skin in the game here, but I am intrigued how you use this and why it is your best indicator ever!

--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
Reply With Quote
Thanked by:
  #16 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88

version 2.... on clouds form, and i have named "UGLY DUCK"

this is even better... still working on it but it is really promissing on paper money.

Attached Thumbnails
Click image for larger version Name: Screen Shot 2020-05-21 at 12.26.10 PM.png Views: 355 Size: 296.8 KB ID: 299803  
Reply With Quote
  #17 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88

soon i will have the ultimate version of this project, and only one lucky member will get the final code...

Attached Thumbnails
Click image for larger version Name: Screen Shot 2020-05-21 at 9.36.04 PM.png Views: 342 Size: 197.2 KB ID: 299842  
Reply With Quote
  #18 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88

here is a different version... hope you like it.


#UGLY_DUCK
#torque_rsi
declare lower;
input Channel_Length = 10; #10
input Average_Length = 10; #20, 11
input over_bought_1 = 60;
input over_bought_2 = 53;
input over_sold_1 = -60;
input over_sold_2 = -53;
input show_bubbles = yes;
input show_sec_bbls = no;
input show_alerts = yes;
def ap = hlc3;
def esa = ExpAverage(ap, Channel_Length);
def d = ExpAverage(AbsValue(ap - esa), Channel_Length);
def ci = (ap - esa) / (0.015 * d);
def tci = ExpAverage(ci, Average_Length);
def wt1 = tci;
DEF wt2 = SimpleMovingAvg(wt1, 3);

plot zerobase =0;
zerobase.setLineWeight(2);
zerobase.setDefaultColor(color.white);

plot yellow = (wt1 - wt2);
yellow.SetLineWeight(1);
yellow.SetDefaultColor(Color.YELLOW);
yellow.setStyle(1);
yellow.setPaintingStrategy(paintingStrategy.HISTOGRAM);

addcloud(yellow, 0, color.yellow, color.yellow);

input lengthr = 84;
input price = close;
input averageType2 = AverageType.WILDERS;

def NetChgAvg = MovingAverage(averageType2, price - price[1], lengthr);
def TotChgAvg = MovingAverage(averageType2, AbsValue(price - price[1]), lengthr);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1)-50;
DEF RS = average(RSI, 2);
def RS_ = average(RS, 3);
#def all = (rs-rs_);

def diff = 6*(rs-rs_);#16
#diff.setDefaultColor(color.green);

#plot diff_ = -16* average(rsi-rs_, 2);
#diff.setDefaultColor(color.gray);
#RSI2--------------------------------------
input length2 = 14;
#input price = close;
input averageType = AverageType.WILDERS;

def NetChgAvg2 = MovingAverage(averageType, price - price[1], length2);
def TotChgAvg2 = MovingAverage(averageType, AbsValue(price - price[1]), length2);
def ChgRatio2 = if TotChgAvg2 != 0 then NetChgAvg2 / TotChgAvg2 else 0;

def RSI0 = 50 * (ChgRatio2 + 1) - 50;
def RSI2 = Average(RSI0, 2);
def rsi2_ = Average(RSI2, 3);

####
def white = 3* (RSI2 - rsi2_);
#white.SetDefaultColor(Color.white);

#DASH

input Showmagenta = Yes;
#magenta.SetHiding(!Showmagenta);
plot magenta = (yellow - white);
magenta.SetStyle(3);
magenta.SetLineWeight(2);
magenta.SetDefaultColor(Color.magenta);
###
#magenta.hide();
#plot sum = (yellow-magenta);

def diff0 = (RSI2 - rsi2_);
plot total = (RSI2 - diff0);
total.SetDefaultColor(createcolor(0, 160,100));
total.SetLineWeight(1);
total.Hide();

plot total2 = (magenta - white);
#total2.SetStyle(3);
total2.SetLineWeight(2);
total2.SetDefaultColor(Color.red);
total2.hide();

#addlabel(yes, "1", if white<magenta then color.red else if white>magenta then color.green else color.gray);
#-----------------
input length3 = 2;
input length3b =8;
#input price = close;
#input averageType = AverageType.WILDERS;
def NetChgAvg3 = MovingAverage(averageType, price - price[1], length3);
def TotChgAvg3 = MovingAverage(averageType, AbsValue(price - price[1]), length3b);
def ChgRatio3 = if TotChgAvg3 != 0 then NetChgAvg3 / TotChgAvg3 else 0;

plot RSI3 = 50 * (ChgRatio3 + 1) - 50;
rsi3.SETDefaultColor(color.green);

plot rana = (diff-rsi3);
RANA.SETDefaultColor(color.red);


addlabel(yes, "RSI", if white<diff and white>white[1] and white>0 then color.green else if white>diff and white<white[1] and white<0 then color.red else color.gray);

AddLabel( yellow<white and white<magenta, " go ", color.red);
AddLabel( yellow>white and white>magenta, " go ", color.GREEN);
#AddLabel( white<magenta, " 1 ", color.red);
AddLabel( yellow<diff0 and diff0<magenta, " go2 ", color.red);
AddLabel( yellow>diff0 and diff0>magenta, " go2 ", color.GREEN);

addlabel(yes, "W", if WHITE>YELLOW then color.green else if WHITE<YELLOW then color.red else color.gray);

addlabel(yes, "G", if RSI3>YELLOW then color.green else if RSI3<YELLOW then color.red else color.gray);

addlabel(yes, "RSIų", if white<diff and white>white[1] and white>0 then color.green else if white>diff and white<white[1] and white<0 then color.red else color.gray);

addlabel(yes, "M", if magenta>magenta[1] then color.cyan else if magenta<magenta[1] then color.magenta else color.gray);


#END CODE

Attached Thumbnails
Click image for larger version Name: Screen Shot 2020-05-22 at 10.01.40 AM.png Views: 357 Size: 211.3 KB ID: 299868  
Reply With Quote
Thanked by:
  #19 (permalink)
Skittish
Seattle Washington
 
Posts: 1 since Aug 2016
Thanks Given: 0
Thanks Received: 0

Will it click the mouse button for me?

Reply With Quote
  #20 (permalink)
alagrande
glendale ca usa
 
Posts: 97 since Sep 2017
Thanks Given: 11
Thanks Received: 88



Skittish View Post
Will it click the mouse button for me?

no!

Reply With Quote

Page 2 of 5 1 234 Last »



Last Updated on October 20, 2020


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts