Thinkscript if statement examples. ToS started as a simple plot scripting code.

Thinkscript if statement examples diff --git a/TOS & ThinkScript Snippet Collection-old. You have your concise necessary def statements, and you have ONLY one PLOT statement. Offsetting the switch statement and removing mid-statement comments yielded no changes. Could you please help with below? I am using this code in a watch list column on a 1min time frame. 0; plot Between1 = Between(close, lowLimit, highLimit); plot Between2 = close >= lowLimit and close <= highLimit; The code will return 1 if the closing price is between lowLimit and highLimit, and 0 if the closing price is below lowLimit or above highLimit. The if condition looks if the bar’s close (close) is above (>) the 10-bar simple moving average (ta. Thanks Braces { }, are typically used in input statements, switch statements and if statements. DAY then PaintingStrategy. With thinkScript, you have 3 different Need some help with an IF, WHEN, THEN statement If LINE crosses above 0 and (When) LINE > 1 then 0 else Double. The following test case can be used to reproduce this severe bug / defect. 17. Example 1 def onExpansion = if IsNaN(close) then yes else no; plot HighestClose = if onExpansion then HighestAll(close) else double. Yesterday I ran into a problem. How to Round Up or Round Down in thinkScript. Futures trading involves a high level of risk and is not suitable for all investors. The script has as as the single criterion that the tested variable holds its value and is not changed by something else. Invalid statement: def at 44:1 def MoMoText = if MoMoInd > 0 then "Mo UP" else "Mo DN"; Error: Take a look at the following example: For example, if the entry line was crossed 4 bars ago and is still active because the position hasn't hit the exit line, the scan shouldn't alert it as a new trigger. In other words, if a plot's condition is no longer true, the plot stops displaying on your chart. but it only exits on the MA (last line). Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator would like to check, how to make the above statement to become a fold statement? it seems doesn't make sense if i want to compare for 20 bars low), 60) * 1. 3. The example also shows the alternative solution to Dear Forum, I am attempting to code a fold loop with an if statement that increments the value of a variable if a condition is met. Therefore, expression x is true returns true when x is non-zero, and false when x is zero. Recursive statements are used to carry data forward. NaN; This example script plots the closest high price value greater than 40 out of the next 100 bars. I am receiving highlighted errors that I cannot make go away, and would appreciate your thoughts and input. That threw me off along with the Human Readable Syntax following Is it possible to do a switch statement or a IF NOT or AND NOT condition? I'm trying to display one of three different labels base on if the current price is below the entry price by 3% or 5% or 7%, but I do not want to display all three labels, as when the price is 7% down it is also 5% and 3% Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang I have toyed around with switch statements and now conditionals but I can't seem to get this to work. GREEN, yes); You can have a series of AddCloud statements for every color that you want to show. The second update we need to do is to complete the “if/then/else” statement. Consider the following rules when using the logical operators: How would I create an arrow plot on the current bar if a statement has been true over the last x number of bars. \nDemonstrates using chart bubbles and labels for debugging. The distance condition is something I have already done so just trying to make a label that allows input if needed and changing while price moves. I had found similar code for adding bars that I didn't have success with. Questions: 1. For example If I wanted to plot a signal only when lows have been lower than their respective sma values over the past 5 bars. Pricing. Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Indicators Download ThinkorSwim Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators if, then, else statement Author BenTen; Creation date Jan 10, 2021 craigjjmorrison; 5. This function is used to initialize studies with recursion. or sort of exclusions. Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator variables be inclusive for the averaging of the averages. Best. You might be Commodity interests and cash in futures accounts are not protected by SIPC. You can use thinkscript, with some AddChartBubble in thinkScript can replace your boring up and down arrow signals with chart bubbles filled with custom text and color. How do I handle double conditionality of if-then statement in thinkscript? First of all, let’s discuss usage of if-expressions and if-statements in thinkScript®. The fold itself executes every bar, so for example, in this particular case, on bar 60 it will fold back to bar 20 unless interrupted. val1 = <value>; val2 = <value>; # commonly used options: # sets the variable to be Returns true value if condition is true and false value otherwise. CompoundValue is an easy statement in thinkscript, but complicated to understand from the Learning Center reference. I just wish the TDAmeritrade Sink or Swim library contained an example that had more than one statement inside the if block. For information on using crosses, crosses above, and crosses below operators, refer to the crosses reserved word article. To preserve chart real estate and make the data as intuitive and easy to analyze as possible, instead of text words, I wish to use up-& Example Displays a label in the top-right corner of the chart with the text "Uptrend" if the close price is greater than its 20-bar average, and "Downtrend" otherwise. list out your rules , then try to code them. Basic alerts triggering as expired. If close is higher than open, then close is drawn, otherwise open is drawn. That's the type of conditional statement I want to make. @jpmcewen Check out the following threads for additional examples: https://usethinkscript Example. koolaid3425 • Look at thinkscript tutorials on tlc. thoughts you seem to be focused on using fold, when it may not be necessary. For example, let us use the upper used when you want to find the first bar where the condition turned true. not plot The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. TRIANGLES else CompoundValue. I am new to ThinkScript and have looked at various forums and sample scripts for if / then / else and "counters" but am missing something. This is useful for implementing multi-timeframe into an existing indicator. Here is the code with the offending if statement highlighted: I assume there's something obvious that I'm missing, but as a fairly new thinkscript user, I'm just not seeing what's wrong. The Market Trading Game Changer Join 2,500 where: Parts enclosed in square brackets ([]) can appear zero or one time, and those enclosed in curly braces ({}) can appear zero or more times. Here is an example from the CamarillaPoints indicator of painting strategy dependent on the chart aggregation condition: Code: def paintingStrategy = if aggregationPeriod == aggregationPeriod. Together this would score as 2. Now you are ready. Search for: thinkScript Fold Function Examples. POINTS else if aggregationPeriod == aggregationPeriod. Examples: -----Input statements and Switch statements input diffType = {default points, percent}; plot VolumeOsc; switch (diffType) {case points: VolumeOsc = Average(volume, fastLength) - Average(volume, slowLength); case percent: The term Boolean means a result that can only have one of two possible values: true or false. Here is my code, but it's not working. Log in Register. @paramay Over time all those levels are going to be a real challenge to manage. Start a Discussion. Maximum2 and Maximum3 The thinkscript if function fails to branch as expected in an important case. Note that in thinkScript®, string values can also be concatenated using sign "+": input symbol = "IBM Please read Risk Disclosure Statement for Futures and Options before considering any futures thinkScript AddCloud Examples. If the SMA 20 is greater than the last bar, that would be 1. To learn more, thinkscript; or ask your own question. Usage AddChartBubble (condition, location, custom text example: input Hide_Redline_1_on= {monthly, default Weekly, Daily, Hourly, None} glad you found it, when i typed it into the thinkscript learning center i typed "hide" so it missed "hiding" which is the only thinkscript syntax ending in "ING" for hiding lol . There is an input if you want to use a MACD: input UseMACDfilter = yes; Then I do a MACD calc in the study and come with a variable: def MACD_bull = if Value_one > 0 and Diff_two > 0 then yes else no; This is where I am getting stuck. ” When we have a NaN value in our result, thinkScript does not display the output. The code below helps to explain the question. 17a8578 --- /dev/null Similar to other programming languages, thinkScript® includes operators that can be used for data manipulation: arithmetic, comparison, logical, and more. thinkScript Conditions: if, then, else statement Author BenTen; Creation date Jan 10, 2021; Overview Reviews (1) Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Indicators Download ThinkorSwim. Important thing is to identify bars, then pretty much you can do whatever you want. Here is the full list of available operators: Please read Risk Disclosure Statement for Futures and Options before considering any futures transactions. BenTen. 2020 # Plots the ratio of Up/Down points relative to the prior candle declare lower; def upPoints = fold i = 0 to 8 with p do p + GetValue(if close > close[1] then close - close[1] else 0, i); def downPoints = fold j = 0 to 8 with r do r + GetValue(if close < close[1] then close - close[1] else 0, j); plot ratio = upPoints / The switch statement is used to control the flow of program execution via a multiway branch depending on the input value. You can this to assign a specific aggregation period for your indicator. Q&A. The thinkscript if function fails to branch as expected in an important case. A scan executes a single plot statement at the last bar. NaN while IsNaN(price) do if getValue(high, -i, -99) > 40 then getValue(high, -i, -99) else Double. I have an if\else statement, that I would like the else statement to do nothing. 0; input highLimit = 160. Resource icon. Forums. Can you provide a detailed explanation of how to do this? Cryptocurrency. Because there is no break in this statement, after 3 evaluates to true, every case will execute after it. Example In this tutorial, we will learn about the AddChartBubble() function in thinkScript with the help of examples. Simply register as a guest on the Thinkorswim platform. Recursive usage def myHigh; if high > myHigh[1] In Thinkscript, you should always use “close” to get the current price. How do I handle double conditionality of if-then statement in thinkscript? I think I should be using the if/then statement, but don't know how to write the code correctly. Those that start with SET or have COLOR serve no purpose in a scan study. Here’s another if/else statement example: The plotColour variable we make here gets one of two possible colours: color. If not, is that possible? I provided an example just for a visual idea of these markers I manually added. The fold terminates at to, the fold can be interrupted prematurely by while. (Bars with volume below the 20-bar average aren’t measured in the average close. It appears that "TOS and Thinkscript Snippet Collection" hasn’t been update in 3 years as of this writing, I am not sure if something happened to StanL or what. The Double. Certain requirements must be met to trade futures. The variable is len. Here is what I am trying to do. Nan; so that when the histogram crosses above 0, an arrow plots but not UNTIL the histogram is greater than 1. The if statement that NaN means Not a Number. Please check your internet connection. Example 2. The cloud is plotted between the highest value and the lowest Thinkscript is an odd language, but you'll be surprised at how far you can get if yo stick with it. Learn how to apply conditional statement in thinkScript. In ThinkOrSwim, boolean arrows are used on the upper chart. Using SetPaintingStrategy in thinkScript, the plot can be changed from a line to an arrow seamlessly. orange else #if condition3 the label should be green if condition3 then color. ONCE has a text and if statements keep getting highlighted as invalid Share Add a Comment Open comment sort options. The 'immediate-if' explained If I want to say the following: if A=true AND B=true then X else Y. I think I should be using the if/then statement, but don't know how to write the code correctly. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options. Guys, please help! What is wrong in this script? Task is to write simple indicator in ThinkorSwim to scan for last price is greater than 5 USD. Contents show thinkScript Plot() When you want to output data from your indicator or backtesting strategy, you employ the # UpPoints DownPoints Ratio # tomsk # 1. Code: input priceType = PriceType. if a statement is true, its either part of the statement is true or all of the statement is true therefore it can be differentiated with AND / OR . you don't need a fold to look at many bars , for every bar. Luckily, ToS's mathematical and logic syntax is uniform to all other languages. In short, the declarations for H and H1 are saying 'going back 1 bar: if no data is present, then use the if statement to determine a value; else if data is present, then use the high value. What I want to do is be able to set a variable and place specific hard coded number into it So this is a random example of real thinkscript based on some keywords in your post. My code is Example 1 def onExpansion = if IsNaN(close) then yes else no; plot HighestClose = if onExpansion then HighestAll(close) else double. So I changed all my def variable definitions to plot definitions. It now gives the high - low for a defined period. Started by Razzoo; Jul 24, 2023; Replies: 3; Questions. getvalue( abc , 2 ) is the same as abc[2] Hi is there some sort of declaration or function that I can use to keep a plot active once a criteria has been satisfied? For example, let's say price is > 5% above the 10 moving average, at that point I want to display the 20EMA. <local_block> consists of zero or more statements followed by a return value, which can be Hi, my objective is to get the current aggregation of the chart, and then based on what the chart aggregation is, do conditional actions. Does ThinkScript have an equivalent to the keyword 'return' or 'break'? If not, maybe some can help me. 5. I just wanted to try something simple to test for and plot values of certain test variables to get my feet ***. However, when you use it in Lua it's within a custom function. . Certain requirements must be met to trade options through Schwab. I've added a 2nd variable to demonstrate how the if statement can set multiple values at once based on the same condition: Already google this and looked up examples in the thinkorswim Learning Center. The value that you want to carry forward 2. Contents show AddChartBubble() Overview. The following examples and snippets Example plot Maximum1 = If(close > open, close, open); plot Maximum2 = if close > open then close else open; plot Maximum3; if close > open {Maximum3 = close;} else {Maximum3 = open;} The code draws either close or open value depending on the condition in the if-statement. Also included in the script is the output of Script F, and an example of the math I began with and automated via Script F. All of the thinkscript examples I've seen use a function call that loops through all the In our example, if no data is available, we'll use a value of 1. The easiest way to fix this problem is by rounding it. "Supporting documentation for any claims or statistical information is available upon request. To create a recursion statement, you must define: 1. Now, in thinkScript, parameter labels aren't required if the arguments are in order and/or defaults are supplied. 00 star(s) 1 ratings Updated Jan 10, 2021. . What traders have managed to make it do, is mostly undocumented and amazing. What condition will cause that value to be carried forward. POSITIVE_INFINITY is the thinkScript representation of dividing any positive number by zero and the Double. Green would indicate buy, red would indicate sale. This statement says when the condition was !not true on the previous bar[1] and is true on the current bar. 00 star(s) Jan 16, 2021; Nice and clear example. NaN syntax is valid when working with a defined condition. ThinkScript itself is already iterated on a bar by bar basis; all variables, functions, etc. In this example, if-expression and if-statement are used to control the length parameter of moving averages. The AddChartBubble() function adds a text bubble to the specified location when a defined condition in Example declare lower; input lowLimit = 140. Top. example in theory (not actual thinkscript code): if study1 or study2 or study3 is true then color green, else if study4 or study5 is true then color hotpink else if study6 is true color blue else Can I add up-and-down arrows or other non-standard characters to chart labels? I'm writing a multi time frame study which uses the AddLabel function to plot a set of minimal color-coded labels in the top left corner of the chart. Invalid statement: if at 184:1 Syntax error: Semicolon expected at 184:1. Changing variables or variable array entries in thinkscript is illegal and should never happen. In the first code example below I am getting the current aggregation with getAggregationPeriod() and feed it into a The fold manual gives an example: input price = close; input length = 9; plot SMA = (fold n = 0 to length with s do s + getValue(price, n, length - 1)) / lenth; This effectively calls a function Making statements based on opinion; back them up with references or personal experience. com. 00 star(s) 3 ratings Updated Jan 10, 2021. Old. This example script calculates a simple moving average using fold. Usage If I want to say the following: if A=true AND B=true then X else Y. Usage plot Data = if condition then value else double. def ct_5_up = CompoundValue(1, if EMA8 > EMA21 and EMA21 > EMA50 and EMA50 > EMA100 and EMA100 > EMA200 then ct_5_up[1] + 1 else 0, 1); The AggregationPeriod variable returns the time frame of your choice for the script to pull data from. There is an absolute "No Troll" policy - this is a place where traders can learn and help each other. Platform doesn't have to be open and you can get email/SMS. Or use condition wizard in custom study filter section. the current symbol is the default when you use most Thinkscript functions (just use high, low, close We are experiencing issues connecting to our payments provider. So for example, if the previous bar on an inside day was a higher high, then thinkscript needs to draw to the low. green else Color. Most of the members seem to find the best method for learning the use of functions to be reading through the many indicators using that function and comparing its use in the many other threads. basic ThinkScript syntax for IF statements. Forex, Futures, Pairs, and more. Let’s start with the first example. red. red else #if condition2 the label should orange if condition2 then color. Calculates a compound value according to following rule: if a bar number is greater than length then the visible data value is returned, otherwise the historical data value is returned. In a nutshell, an if statement may normally be used to prevent a function call from being executed if one of its function parameters is invalid. This of To run or apply a script in Thinkorswim, you need to be logged in to the platform. For more information You need to look up how a switch/case statement works. sma(close, 10)). sometimes getvalue() can be used to read a value from a different bar, when an offset doesn't work. Second question. ), but can't seem to For example, if the prices is ABOVE the SMA 20, that would be 1. HH-LL Cloud. ToS started as a simple plot scripting code. I can plot something like input x = 5; plot signal = low is less than sma and low[x] is less than sma[x]; Seems like I need some advanced conditional statements. was funny because i was thinking i could have sworn there was a easier way Welcome to useThinkScript. Can anyone provide some pointers as to what to change on the ATR calculations to make the aggregation period weekly on a daily chart. but in this case it just makes me confused. After one of the cases evaluates to true, every statement after it will execute unless there is a break. Depending on the indicator you’re using in ThinkorSwim, you can customize the look and feel of it. Questions: 5: Feb 17, 2024: C: Is logic in a Switch statement evaluated if the Case is not true? Questions: 2: Oct 8, 2023 thinkScript Conditions: if, then, else statement Author BenTen; Creation date Jan 10, 2021; Overview Reviews (1) Latest Most helpful craigjjmorrison; 5. There are The first operand is interpreted as a logical statement. The largest and most active community of investors and traders who use thinkorswim's thinkScript indicators and other custom programming languages to chart, trade, and make money in the stock market. trading account status, statements, and more. Inside a loop, an if statement calculates the average so that only bars whose volume is above the 20-bar simple moving average are included. SetPaintingStrategy(PaintingStrategy. e. CompoundValue ( int length , IDataHolder visible data , IDataHolder historical data ); Default values: length: 1 Description. I'm wondering if someone knows if there is a way to add a conditional cloud color change with thinkscript. I want to apply a conditional statement to the SetPaintingStrategy() in thinkscript so that the color plot will change when a specific condition is met. NaN function in thinkScript code can be used to prevent a line, signal, or bubble from being displayed. Code Reference. If the current symbol is AMD, define Price1 as 50 and Price2 as 20. So, we could write this CompoundValue statement like this without the labels: def y = CompoundValue(1, y[1] + 1, 1); or like this with the labels: Mobius, I got the following code to work with your bar counter suggestion. BenTen; Jan 10, 2021; How does one round a thinkScript value? 5. I like to put direction and percentages in a Label rather then taking up valuable screen space as a bottom indicator. WEEK then PaintingStrategy. First question. This don't proper syntax for it. For example, since you don't define your LongEnt condition above, I'm just going to say that the close must be above the 8 period exponential moving average AND the next open must be above the current high. I have the output of a band pass filter. then compare to that. Example input price = close; input long_average = yes; plot SimpleAvg = Average(price, if long_average then 26 else 12); The Fold function in thinkScript can be used to iterate over a list of data points and perform a calculation on each point. In ThinkorSwim, the if-then statement allows for advanced behavior and give your thinkScript code the flexibility to make decisions. I'm trying to create an AddLabel indicator that labels a market condition based on 4 other indicators. #hint: Counts a value using an if statement, recursive variable type statement, and a CompoundValue statement. With an if/else statement we set that variable to a conditional value. It appears the FOLD Statement cannot accept an input that changes as a variable. In thinkScript®, there is also If-function having syntax and usage different from those of the reserved word. NaN; This example code draws the highest and the lowest close price on the right expansion of the subgraph (see the image below). adoc new file mode 100644 index 0000000. LAST; def value = 5; plot see = priceType is greater Do not include any of the formatting statements that are part of chart studies. For more information @DanielManahan No thinkscript has no robust manual. score = score + 1; produces: # Already assigned: Score at This example script calculates a simple moving average using fold. This reserved word is used in the between logical expression. Example: have an if statement calculate loop values The indicator below plots the average close. green or color. Found this example: # The following statement will be @rad14733 & @halconguy thanks for the replies. Started by frdfrd0507; Jul 6, 2021; Replies: 3; Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Indicators Download I’m aware we will have to make another condition and add to label statement. It may be the second or third histogram bar I've done the below First off: You can use return in PHP, just as you do in Lua. GetYYYYMMDD() SecondsFromTime() SecondsTillTime() Furthermore, Example code:. The "+" works as a connector for text in things where text can be displayed, for example For starters, I'm a total novice at coding and have only used it a few times here and there so for all I know I'm just missing a basic mistake. The following functions will be utilized throughout the post. ) When I try to create a counter and increment it in an if-else statement the thinkscript compiler throws confusing errors which tell me it's not allowed, yet I've seen this done in several examples. That's exactly what my sample code does I'm new to thinkscript but I think I've found a much simpler solution to this issue. In the below example, the value of RSI is stored whenever ema5 crosses above ema9. In the following example, we plot the highest high and lowest low of the last 10 bars. Controversial. The switch statement is used to control the flow of program execution via a multiway branch depending on the input value. In the switch statement you either need to define the case with all values from the enum or use the default statement to define actions for all enums that are not defined using the case . I basically reversed the greater than symbol into a less than symbol in the MarketClose statement and also clarified my buy and sell conditions. I have this programed and it is working well. Options carry a high level of risk and are not suitable for all investors. RED, color. Hands down, ToS is the BEST for charting analysis. If you don’t have an account and your goal is to learn, you can use their 30-day guest pass. I tried the code you posted in your edit and had the same issue. In this article, you will learn to get the current date and time in thinkScript. In a nutshell, an if statement may normally be This example displays a constantly visible chart label with the SMA of the given symbol with the length equal to 10 rounded to one decimal place. Invalid statement: if at 80:1 if LowHighLHCP >= 5 then AddChartBubble( LowHighLHCP, high, "5"); Search titles only Explore. Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Indicators Download ThinkorSwim. Thinkscript. ARROW_UP else In thinkScript, the Double. In a nutshell, an if statement may normally be The "TOS and Thinkscript Snippet Collection" by Stanl has been a great help in my thinkscript development journey. However, this script shows that the first entry of a variable gets Rather than using an "IF" statement in the AddOrder, I would use an "AND" statement when you define your LongEnt variable. NaN syntax “returns the value that indicates that the result of an operation is not a number. if you want a variable to be less than all values in a 2nd variable, then all you need is to find the lowest value of the 2nd. It tests if the specified parameter is within the range of value1 and value2 (inclusive). In this post, we will be going over the usage of SetPaintingStrategy, how to apply it in thinkScript, and how to combine it with the PaintingStrategy constant. In this case I'm going to use "close > ExpAverage(close, 9)" as a buy signal as it would normally cause a buy signal every time the close is above the 9EMA. In today’s guide, I will explain how the plot function works and share a few coding examples with you. I have reposted the code as suggested below. So pardon my ignorance. Sample -> AddLabel(yes, if UpSignal[1] then "BUY BUY BUY" else if <NEW CONDITION> I use Labels a lot. I believe this is what the problem was because it ended up fixing it. The x between y and z statement is equal to the y <= x and x <= z statement. First, you can use it as the right side of an equation with 3 parameters: a condition, a In this example, if-expression and if-statement are used to control the length parameter of moving averages. BOOLEAN_ARROW_UP); plots an up arrow on the low of Note that in thinkScript, equality and inequality operators can be applied to string data, see Example 4 for details. If used in Custom Quotes , the words "Uptrend" or "Downtrend" will appear in the quote cell based on the same condition. I constantly look to this work for ideas and techniques. Recursive usage. LIGHT_GRAY); The plot() function in thinkScript is the most repeatedly used function to render and display data on your chart. If you assign a value in an IF statement, you must make sure each IF, ELSE IF, ELSE assigns also. Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang generally it is helpful to include some descriptions or examples. Several examples of when it happens: 1. Zero(0) is interpreted as a false value; all other values are interpreted as a true value. Skip to content. Any ideas? I want to utilize SecondsFromTime and SecondsTillTime in thinkscript to write a code to place in my scanner that will only scan premarket from 4am - 9:30 am. F. You can also assign a bubble to a particular location on your chart when a specified condition is true. This solution is doing EXACTLY what you need it to. QuestionsChart Studies[RESOLVED] Apply if condition within an AddLabel statement « Back to Previous PageCategory: Chart Studies 0 ♥ 0 I have the following code but for some reason even if one of the conditions is not true in the if clause, its still displaying “A” in the chart instead of “”. Example 3 plot NextHigh = fold i = 0 to 100 with price = Double. You are proposing to have the > script from one time frame (daily) evaluate data > from another time frame (5 This example highlights bars having the closing price lower than the closing price of the specified number of previous bars with a dot. Please read Risk Disclosure Statement for Futures and Options before considering any futures transactions. @korygill - I looked at one of your code using compound value and tried something, but in vain. Also I cant add an AddOrder inside an if statement @BenTen ThinkScript is like a painting program. I would appreciate some help. Ruby: # Trade Price and % gain / loss def plBuy = GetAveragePrice(); def plStraightLine tips and examples are on the page i linked you to, if you cant understand them then you will have to post the code you are working with, many members trying to assist you have repeatedly mentioned this to you already. nan When you work with an indicator that plots numerical value as a label or chart bubble, sometimes the number could get out of hand. thinkorswim. At least then you have the basic ThinkScript syntax to start with and all you have to do is change the math and logic. Thinkscript is a programming language for the Thinkorswim trading platform that allows its users to backtest strategies and build trading tools. The Alert Stament, ex Alert. But it is horrible at portfolio management and at providing documentation. This site is amazing - lots of help here. Having some trouble completing an AddLabel thinkscript that helps me show what phase price movements are in. your words don't match the test code, or the other code, the logic is all different I am trying to write a conditional plot statement which I need help with. I used a plot to check & highs and lows are correct on the plots. The trendline in the first connected to the low of the day and the next two connected to the high. In any case, you should be able to replace the condition with whatever your condition for a buy signal is. Upvote 0 Downvote. So, remember, when you want to reverse the logic of a condition in ThinkScript, simply place the "not" operator (!) in front of it to achieve your desired outcome. myHigh = high; myHigh = myHigh[1]; This example The thinkscript documentation infers that there are more forms of the if-then-else, but the additional examples are merely the base form shown with nested if-then-else statements/expressions. When it is, we return the color. For e. g. It You'll see three occasions of an inside day. An if-then condition statement is employed when you want an indicator to act differently in specific situations. I was playing with the code and noticed that the statement you typed was correct except for 1 small mistake. [] thinkScript AddLabel (With Examples) October 7, 2022 October 10, 2022 The AddLabel() function in thinkScript lets you place a personalized label with custom text in the top left-hand corner of your chart. In coding ThinkScript how does one code for conditional groups, All of the following, None of the following , Any of the following. I am plotting sup\res lines based off a stock symbol, however, when I view a stock not defined in the code, I would like the study This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. The double. When coding a watchlist column, an 'AddLabel' can be substituted for a plot statement, but only one of the two can be used. When learning thinkscript, it is best to search the forum for a script that has the basic building blocks for what you are attempting. If the statement is true, then the result of the operator equals the second operand, otherwise - the third. But it just wouldn't work. setPaintingStrategy(if condition then paintingStrategy. Basically I just want it to alert me with the ticker whenever the entry line is crossed in the most recent bar, but ignore it if the alert already occurred. Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator We may read it in English as two if statements, but here it's really just one with a more complicated test. Pretty simple code. answers. green colour I'm interested in using thinkscript if statements to identify profitable trading opportunities in the cryptocurrency market. Trading Opportunities. If you copy this structure to PHP, and create functions for the different parts of the logic, then you will be able to (and should) use the return control statement to actually control application logic. If a fixed value is used, as in len=10, the code will plot a moving average, if the "len" value is Create AddOrder statement for Linear Regression Slope: Questions: 1: Jul 23, 2024: ThinkScript Alert and Plot Statement. Thank you for the lovely first review . Platform and chart have to be open. When using a plot statement, TS looks for double-precision values only for input (no text) while Hi, I was wondering if anybody knew a way to make a think script indicator to highlight attach a horizontal ray, and write text after seeing a certain pattern (such as 2 green up 1 red down )on a candle. NaN; plot LowestClose = if onExpansion then LowestAll(close) else double. 2) Platform alert, found on Marketwatch -> Alerts. adoc b/TOS & ThinkScript Snippet Collection-old. > I do not believe that ThinkScript will be able to > do what you want (at least not the way you > described it). It sounds like you are confused because you haven't adequately research the AddLabel() function in the Thinkscript Learning Center The examples there thoroughly explain how to concatenate strings with data And if you need more examples, simply review the hundreds, if not The thinkScript manual says open of next bar is default. sometimes, thinkscript complains when formulas are used as an offset. And my understanding is indicators and alerts can trigger and be displayed immediately on the current bar, but even if your AddOrder condition becomes true on the current bar an 1) thinkScript Alert() function. They even have a reserved word: rec in order to allow for incrementing counters. Any info or assistance on this would be greatly appreciated. I understand some of the simpler examples (close, high, etc. So typically from what I have seen you can add a cloud with something like this; AddCloud(OpenPrice, ClosePrice, color. Trade – contains interfaces that categorize the tradable assets, i. Note that in thinkScript®, there is also the Between function with a different syntax and usage. “last” really only exists as a built-in column used in watchlists. – Does anyone know of a custom thinkscript that plots or marks insider transactions in any form on the upper chart. In OnDemand TOS back testing is it possible to use an if statement for an AddOrder? Something that would, for example, sell short every cross-below but buy long every cross-above (and closes trade when it crosses the other Dear Fellow ThinkScript Coders of Big Mike Trading: I am a beginning thinkscript programmer and I am learning the syntax of thinkscript pretty fast. you have failed to post the code you are working with, we can not help you any further as we dont know what code you are looking The following example, modified from the thinkScript API doc for the if function, demonstrates using all three versions. What I want to do is be able to set a variable and place specific hard coded number into it depending on the stock price. Thank you for the response. 5; # example #def y = high[3] - low[3 AddLabel(yes, "vol delta: " + asPercent(rvd), #if condition1 the label should be red if condition1 then color. The good news is that the format of the scripting is consistent. OHLC values of the current symbol are NaN when a script tries to retrieve them from the time point before IPO or before the first visible bar on tick and range charts. New to the forum and to TOS. Commodity interests and cash in futures accounts are not protected by SIPC. I moved the code to a single between Syntax <parameter> between <value1> and <value2> Description. New. Sample code with paintingstrategy: plot Result = 10; Result. The example code: Ruby: def EOD = if SecondsTillTime(1558) == 0 and SecondsFromTime(1558) == 0 then 1 else 0; @korygill Because the user selects the range of bars to search for the Hi/Low, I know the numbers/position of the two bars I want to mark. <expression> must be of “bool” type or be auto-castable to that type, which is only possible for “int” or “float” values (see the Type system page). , are essentially arrays. There are two ways to use the function. Logical operators can be applied only to numeric data. Define the variables above your conditional statement. Consider the following script: input price = close; input long_average = yes; plot SimpleAvg = Average(price, if statement: can set one or more values, for plot or def variables, within the brackets. The ONE PLOT is what the scan hacker is going to scan for. For your specific example, negating the condition may also help. NEGATIVE @CapitaineFlam88 The open[-1] index points to the next future bar Positive numbers look back and negative numbers point forward No index, or a zero index, refers to the current bar As for OrderType's, SELL_TO_CLOSE is self-explanatory in that it closes a long position but SELL_AUTO will either SELL_TO_CLOSE a long position or SELL_TO_OPEN for thanks Robert for being so generous with your contributions. Here is a sample of the code. Still can't figure it out. So one of the updates we need to do is to get rid of that line, and replace your variable “ssr1” with “close”. ijp wzxmsvv azqqnm sxbjco lpqgpd gdzfu sxii fctcm syjvra etqe