![]() We provide custom thinkScripts and tutorials to help people use the ThinkOrSwim trading platform from TD Ameritrade. All rights reserved.ĭISCLAIMER: WE ARE NOT CERTIFIED FINANCIAL ADVISORS AND NOTHING IN THIS WEBSITE IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, AND NEITHER ARE ANY OF THE PRODUCTS OR CONTENTS OF THIS SITE OR OUR SOCIAL MEDIA CHANNELS INTENDED TO INSTRUCT YOU ON HOW TO MAKE TRADING OR INVESTING DECISIONS. I’m finding the volume gradient to be a real value add, and especially on the tick charts: Example chart of KO with the new relative volume gradient paintbars indicator for Thinkorswim Get the Relative Volume study here!Ĭopyright © 2013-Present Ahyh LLC. Using the MA-based relative volume on tick charts lets you see an additional dimension of volume on the same graph (tick count bars combined with share count highlighting really adds additional depth of information).MA-based relative volume indicator can be used on tick charts, intraday minute charts, or daily and higher charts.This release really simplifies down the number of scripts and makes each more powerful and customizable.You can even hide the histogram altogether and just use the paintbars function to gauge volume and save screen space.High volume bars now immediately pop out visually on your chart without having to look down at the histogram.Added a MA BASED relative volume QUOTE COLUMN so you can see when a stock in your watchlist has surging volume on ANY timeframe you want (hourly, daily, etc).Added a TIME BASED relative volume QUOTE COLUMN so you can see when a stock in your watchlist has surging volume on whatever INTRADAY timeframe you want (5 minute, hourly, etc).Combined long term studies into 1 study with custom period reset (12 for monthly charts, 52 for weekly charts, 252 for daily charts). ![]() Simply add 2 instances if you want both relative tick count & share count on the same chart! ![]() Combined tick volume / trade volume in the same indicator, just switch the mode in settings.MA-based relative volume for tick charts, also with gradient paintbars!.Different color scheme for up bars vs.Relative Volume Gradient Paintbars to highlight the highest relative volume bars!.Like all of our upgrades, they’re completely free to prior purchasers, just go to the My Account > Orders > View Order Details area of the site and the new links should be posted there for you to install. This is one of my favorite thinkscript studies and I’ve been experimenting with it in my own trading for awhile, so I wanted to go ahead and get the update released on the site and see if it can add some value for my fellow traders. Today I’m releasing an overhaul of the Relative Volume indicator for Thinkorswim that I’ve been working on for awhile. Relative Volume Gradient Paintbars Study for Thinkorswim Relative Volume Gradient Paintbars for Thinkorswim High Probability ETF Trading – FULL PACK OF 7 STRATEGIES!.Short Term Trading Strategies That Work – FULL PACK OF 7 STRATEGIES!.Pre-Market High Low Range Breakout Scan.Thinkorswim Bid-Ask Spread Lines Indicator.Tools for the Independent Trader + Digital Nomad.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |