TOS indicator for trades taken in Strategy - futures io
futures io futures trading



TOS indicator for trades taken in Strategy


Discussion in ThinkOrSwim

Updated by Joseph H
      Top Posters
    1. looks_one ivoTrades with 1 posts (0 thanks)
    2. looks_two FMGomez with 1 posts (0 thanks)
    3. looks_3 VanDriver with 1 posts (0 thanks)
    4. looks_4 Joseph H with 1 posts (0 thanks)
    1. trending_up 322 views
    2. thumb_up 0 thanks given
    3. group 4 followers
    1. forum 3 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

TOS indicator for trades taken in Strategy

(login for full post details)
  #1 (permalink)
Seattle
 
 
Posts: 1 since Nov 2020
Thanks: 1 given, 0 received

Hi there, I'm new to ThinkScript and learning as much as I can.

I have the need for a TOS indicator that would flag a taken trade. I tried to use the same conditions that were used to enter/exit the trade but sometimes the conditions change with time. Is there a way to reference the trade attributes and use them in an indicator? For example, if my strategy opened a BTO I would like a green bar (like a histogram) always in time for that bar. It would change colors depending on trade type (BTO, STO, BTC, STC).

Is this possible? Thanks so much for your help!!

Francisco

Reply With Quote

Can you help answer these questions
from other members on futures io?
open range breakout
NinjaTrader
Exporting rollover dates from NT
NinjaTrader
Market Replay and Fills (Denali data)
Sierra Chart
Question of adding/programming a setting to GOMCD
NinjaTrader
Delta PVP ( POC )
MultiCharts
 
 
(login for full post details)
  #2 (permalink)
Europe
 
 
Posts: 22 since Aug 2018
Thanks: 18 given, 36 received


FMGomez View Post
Hi there, I'm new to ThinkScript and learning as much as I can.

I have the need for a TOS indicator that would flag a taken trade. I tried to use the same conditions that were used to enter/exit the trade but sometimes the conditions change with time. Is there a way to reference the trade attributes and use them in an indicator? For example, if my strategy opened a BTO I would like a green bar (like a histogram) always in time for that bar. It would change colors depending on trade type (BTO, STO, BTC, STC).

Is this possible? Thanks so much for your help!!

Francisco

How are the trades entered? If that's automatic you can record the conditions at entry & reference them in the TOS indicator.

Reply With Quote
 
(login for full post details)
  #3 (permalink)
Jackson, MS
 
 
Posts: 27 since Dec 2015
Thanks: 1 given, 4 received


No. TOS does not give access to track an open position such as is common for position management like other platforms via indicator or strategy. If you link an indicator to the signal criteria your results will change each time that criteria is met as opposed to staying on your original entry or exit (hence order management).

Reply With Quote
 
(login for full post details)
  #4 (permalink)
Wilmington Delaware
 
 
Posts: 19 since May 2019
Thanks: 2 given, 15 received

You can definitely do that only if your criteria is based on the close of the bar itself. So if your entry is based on the bar closing 1st then you can assign arrows to those bars or color them based on the rules and you could easily back test. The bar closing is important, because it's official. The signal can change through the life cycle of a single bar, which is why it only really works if your entry is after closing if the signal bar.

Sent using the futures.io mobile app

Reply With Quote


futures io Trading Community Platforms and Indicators ThinkOrSwim > TOS indicator for trades taken in Strategy


November 22, 2020


Upcoming Webinars and Events
 

Bookmap

Nov TBD
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts