Changing candle colors to match histogram on indicator


Category:
0
0

I can get the candles to match two of the four colors. Can anyone assist to make it all match?

Here’s the link to my semi-custom indicator [REMOVED BY MODERATOR]

 

Marked as spam
Posted by (Questions: 21, Answers: 47)
Asked on January 5, 2018 1:57 am
1338 views
0
Private answer

The link to your shared custom indicator has been removed. The code in that custom indicator does not comply with our Terms and Conditions. I am going to do the best I can to respond to your question, assuming you had no idea what was in that indicator which breached our terms and conditions.

In providing a solution to your request, I am going to refer to some code we published for coloring the background of a watchlist based on TTM Squeeze: Thinkorswim TTM Squeeze Watchlist Histogram

You can view the original code at the link provided to the video.

Here is the modified code that will color the chart candles the same as the colors of the histogram of the TTM Squeeze. Since the TTM Squeeze is already a built-in study, we can do this without exposing the proprietary source code.

input price = CLOSE;
input length = 20;
input nK = 1.5;
input nBB = 2.0;
input alertLine = 1.0;
def squeezeHistogram = TTM_Squeeze(price, length, nK, nBB, alertLine).Histogram;
plot hist = if squeezeHistogram>= 0 then
if squeezeHistogram> squeezeHistogram[1] then 2 else 1
else if squeezeHistogram < squeezeHistogram[1] then -2 else -1; assignPriceColor(if squeezeHistogram >= 0 then
if squeezeHistogram > squeezeHistogram[1] then color.CYAN else color.BLUE
else if squeezeHistogram < squeezeHistogram[1] then color.RED else color.YELLOW); hist.assignvaluecolor(if squeezeHistogram >= 0 then
if squeezeHistogram > squeezeHistogram[1] then color.CYAN else color.BLUE
else if squeezeHistogram < squeezeHistogram[1] then color.RED else color.YELLOW);

In order to adapt this code only a single change was required. Can you spot it? The word AssignBackgroundColor was changed to AssignPriceColor. That’s it. Attached screenshot shows the result.

Attachments:
Marked as spam
Posted by (Questions: 37, Answers: 4118)
Answered on January 5, 2018 8:57 am
0
Is there a way to show a 10min TTM Histogram colors be reflected on the 3min chart's candles?  Thank you in advance for your help!
( at June 21, 2020 10:28 pm)
0
Sorry but this has already been requested elsewhere in the forum and it is not possible to do this using the built-in chart study that comes with Thinkorswim.
( at June 22, 2020 7:24 am)
0
Private answer

My apologies for breaking the terms and conditions rules. No excuse.

I do thank you for the additional code. I will test this now. Hopefully I can figure this out.

Marked as spam
Posted by (Questions: 21, Answers: 47)
Answered on January 5, 2018 9:40 am
0
Private answer

Was this added somehow to the one in question? Or created a new one? If added, can you assist in that? If created new, I get this look (attached) on my squeeze line. You can see the name with a 1 at the end.

To fix this, I created a new one and hid the study from the chart and only showed the original. Is this what was done?

Thanks for the help!

Attachments:
Marked as spam
Posted by (Questions: 21, Answers: 47)
Answered on January 5, 2018 12:22 pm
0
Private answer

I meant the settings like this. Just realized, when I hid the study the colors change. So I set it up like this if correct?

Attachments:
Marked as spam
Posted by (Questions: 21, Answers: 47)
Answered on January 5, 2018 12:24 pm
0

This is what I did: http://tos.mx/FnW6Li

( at January 5, 2018 1:27 pm)