NexusFi: Find Your Edge


Home Menu

 





Thinkscript for scanning in Option Hacker


Discussion in ThinkOrSwim

Updated
    1. trending_up 3,284 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

Thinkscript for scanning in Option Hacker

  #1 (permalink)
AlphaIQ
easton
 
Posts: 4 since Oct 2019
Thanks Given: 0
Thanks Received: 0

I am trying to create a filter in the think or swim scanner. I want to know which options strikes have volume > open interest. I know we can do this for stocks but I think we need to write the thinkscript code to get it for options. Can anyone please help with this line of thinkscript code?

many thanks!

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
What broker to use for trading palladium futures
Commodities
About a successful futures trader who didnt know anythin …
Psychology and Money Management
REcommedations for programming help
Sierra Chart
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
  #2 (permalink)
VanDriver
Jackson, MS
 
Posts: 34 since Dec 2015
Thanks Given: 1
Thanks Received: 5

TOS is unable to process that type of search in the option hacker scan. It requires knowing the specific option tag and then its specific volume and open interest. I suggest a temporary fix, such as described on the following linked page. Using the options chain columns, entering the provided free custom script, and letting it change the background color green if volume > open interest else red. They also discuss how to use this the options hacker tool volume setting and options setting as a limited ability scan

https://www.hahn-tech.com/ans/option-unusual-volume-open-interest-scans/

Reply With Quote




Last Updated on September 23, 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