Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
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 for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
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
Can you help answer these questions from other members on NexusFi?
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).
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.
