Previous day's POC, VAH, and VAL

[shakib3585]

Hello All,

Borrowing from @FutureTony's
https://usethinkscript.com/threads/naked-poc-finder-for-thinkorswim.8215/


I am trying to work with a label on a 3-minute aggregation period that shows the active closing price of the current day has crossed the Value Area High of the previous day. I have tried to create a label, as attached, but seems not working correctly even though I see the close price has already crossed the previous day Value Area High. Please help.

Thanks

rec count1 = CompoundValue(1, if !(GetDay() != GetDay()[1]) then count1[1] + 1 else 1, 1);
def priorperiod = if IsNaN(count1[1]) then 1 else Max(count1, count1[1]);
profile vol1 = volumeProfile("startNewProfile" = GetDay()!= GetDay()[1], "onExpansion" = no);

def vahprior = vol1.GetHighestValueArea();
def pocprior = vol1.GetPointOfControl();
def valprior = vol1.GetLowestValueArea();


def cl =close(period=aggregationperiod.day);

AddLabel(yes,"PVAH", if cl>vahprior then color.green else color.red);
AddLabel(yes,"PPOC", if cl>pocprior then color.green else color.red);
AddLabel(yes,"PVAL", if cl>valprior then color.green else color.red);

 

[SleepyZ]

Hello All,

I am trying to work with a label on a 3-minute aggregation period that shows the active closing price of the current day has crossed the Value Area High of the previous day. I have tried to create a label, as attached, but seems not working correctly even though I see the close price has already crossed the previous day Value Area High. Please help.

Thanks

rec count1 = CompoundValue(1, if !(GetDay() != GetDay()[1]) then count1[1] + 1 else 1, 1);
def priorperiod = if IsNaN(count1[1]) then 1 else Max(count1, count1[1]);
profile vol1 = volumeProfile("startNewProfile" = GetDay()!= GetDay()[1], "onExpansion" = no);

def vahprior = vol1.GetHighestValueArea();
def pocprior = vol1.GetPointOfControl();
def valprior = vol1.GetLowestValueArea();


def cl =close(period=aggregationperiod.day);

AddLabel(yes,"PVAH", if cl>vahprior then color.green else color.red);
AddLabel(yes,"PPOC", if cl>pocprior then color.green else color.red);
AddLabel(yes,"PVAL", if cl>valprior then color.green else color.red);

This should work by isolating the prior values and recursively saving those values to compare them to today's close.

rec count1 = CompoundValue(1, if !(GetDay() != GetDay()[1]) then count1[1] + 1 else 1, 1);
def priorperiod = if IsNaN(count1[1]) then 1 else Max(count1, count1[1]);
profile vol1 = VolumeProfile("startNewProfile" = GetDay() != GetDay()[1], "onExpansion" = no);

def vahprior = if GetDay() == GetLastDay() - 1 then vol1.GetHighestValueArea() else vahprior[1];
def pocprior = if GetDay() == GetLastDay() - 1 then vol1.GetPointOfControl() else pocprior[1];
def valprior = if GetDay() == GetLastDay() - 1 then vol1.GetLowestValueArea() else valprior[1];


def cl = close(period = AggregationPeriod.DAY);

AddLabel(yes, "PVAH", if cl > vahprior then Color.GREEN else Color.RED);
AddLabel(yes, "PPOC", if cl > pocprior then Color.GREEN else Color.RED);
AddLabel(yes, "PVAL", if cl > valprior then Color.GREEN else Color.RED);

 

[shakib3585]

This should work by isolating the prior values and recursively saving those values to compare them to today's close.

thank you @SleepyZ . Can this study be used as scan criteria for a 3 minute aggregation

 

[SleepyZ]

thank you @SleepyZ . Can this study be used as scan criteria for a 3 minute aggregation

You can try something like the following, preferably run on or after the market opens, as the close(period=aggregationperiod.day) cannot be used in the scan on an intraday timeframe. A substitute for the rthrs close is included instead.

rec count1 = CompoundValue(1, if !(GetDay() != GetDay()[1]) then count1[1] + 1 else 1, 1);
def priorperiod = if IsNaN(count1[1]) then 1 else Max(count1, count1[1]);
profile vol1 = VolumeProfile("startNewProfile" = GetDay() != GetDay()[1], "onExpansion" = no);

def vahprior = if GetDay() == GetLastDay() - 1 then vol1.GetHighestValueArea() else vahprior[1];
def rth = getday() == getlastday() and secondsFromTime(0930)>=0 and secondstillTime(1600)>0;
def cl = if rth then close else cl[1];
plot scan = cl crosses vahprior;

 

[shakib3585]

You can try something like the following, preferably run on or after the market opens, as the close(period=aggregationperiod.day) cannot be used in the scan on an intraday timeframe. A substitute for the rthrs close is included instead.

should I use it on 3 minute or, daily aggregation. Also, the plot shows at current days only, is it possible to all other previous days

 

[shakib3585]

Hello All,

Borrowing from @FutureTony's
https://usethinkscript.com/threads/naked-poc-finder-for-thinkorswim.8215/

I am trying to plot the previous day VAH, VAL, POC with the code attached but it only plots for the current day. Please help to make this code plot for all other days.

Thanks

rec count1 = CompoundValue(1, if !(GetDay() != GetDay()[1]) then count1[1] + 1 else 1, 1);
def priorperiod = if IsNaN(count1[1]) then 1 else Max(count1, count1[1]);
profile vol1 = VolumeProfile("startNewProfile" = GetDay() != GetDay()[1], "onExpansion" = no);

def vahprior = if GetDay() == GetLastDay() - 1 then vol1.GetHighestValueArea() else vahprior[1];
def pocprior = if GetDay() == GetLastDay() - 1 then vol1.GetPointOfControl() else pocprior[1];
def valprior = if GetDay() == GetLastDay() - 1 then vol1.GetLowestValueArea() else valprior[1];


plot vahprev = GetValue(vahprior, priorperiod);
vahprev.SetDefaultColor(Color.red);
vahprev.SetPaintingStrategy(paintingStrategy = PaintingStrategy.HORIZONTAL);
vahprev.SetLineWeight(1);
vahprev.HideBubble();

plot pocprev = GetValue(pocprior, priorperiod);
pocprev.SetDefaultColor(Color.white);
pocprev.SetPaintingStrategy(PaintingStrategy.POINTS);
pocprev.SetLineWeight(1);
pocprev.HideBubble();

plot valprev = GetValue(valprior, priorperiod);
valprev.SetDefaultColor(Color.green);
valprev.SetPaintingStrategy(paintingStrategy = PaintingStrategy.HORIZONTAL);
valprev.SetLineWeight(1);
valprev.HideBubble();

Addlabel (yes, "PHVA ” +vahprev, color.red);
Addlabel (yes, "PPOC ” +pocprev, color.white);
Addlabel (yes, "PLVA ” +valprev, color.green);

 

[Svanoy]

Change the 3 definition lines to this:

def vahprior = vol1.GetHighestValueArea();
def pocprior = vol1.GetPointOfControl();
def valprior = vol1.GetLowestValueArea();

 

[shakib3585]

Hello,

find the previous day's POC, VAH, and VAL using 3-minute aggregation ( code attached using Day Aggregation)
Borrowing from @FutureTony's
https://usethinkscript.com/threads/naked-poc-finder-for-thinkorswim.8215/

I have the code (attached) that finds the previous day's VAH, VAL, and POC with respect to "Day" aggregation. Can anyone please help as how to convert this code to find the VAH, VAL, and POC with respect to "minute" aggregation.

Thanks

rec count1 = CompoundValue(1, if !(GetDay() != GetDay()[1]) then count1[1] + 1 else 1, 1);
def priorperiod = if IsNaN(count1[1]) then 1 else Max(count1, count1[1]);
profile vol1 = VolumeProfile("startNewProfile" = GetDay() != GetDay()[1], "onExpansion" = no);

def vahprior = vol1.GetHighestValueArea();
def pocprior = vol1.GetPointOfControl();
def valprior = vol1.GetLowestValueArea();


plot vahprev = GetValue(vahprior, priorperiod);
vahprev.SetDefaultColor(Color.red);
vahprev.SetPaintingStrategy(paintingStrategy = PaintingStrategy.HORIZONTAL);
vahprev.SetLineWeight(1);
vahprev.HideBubble();

plot pocprev = GetValue(pocprior, priorperiod);
pocprev.SetDefaultColor(Color.white);
pocprev.SetPaintingStrategy(PaintingStrategy.POINTS);
pocprev.SetLineWeight(1);
pocprev.HideBubble();

plot valprev = GetValue(valprior, priorperiod);
valprev.SetDefaultColor(Color.green);
valprev.SetPaintingStrategy(paintingStrategy = PaintingStrategy.HORIZONTAL);
valprev.SetLineWeight(1);
valprev.HideBubble();

Addlabel (yes, "PHVA.VOL ” +vahprev, color.red);
Addlabel (yes, "PPOC.VOL ” +pocprev, color.white);
Addlabel (yes, "PLVA.VOL ” +valprev, color.green);

 

[SleepyZ]

should I use it on 3 minute or, daily aggregation. Also, the plot shows at current days only, is it possible to all other previous days

It was written to be used on the 3m timeframe you requested. Make sure the chart and scan are the same timeframe settings.

To show previous days lines extended to the current day would require separate plots, changing the GetDay() == GetLastDay() - 1 to GetDay() == GetLastDay() - 2 etc for each previous day