Show P&L bubble on current candle In ThinkOrSwim

[jetheller]

Here is a quick little study I created to show the current PL for any open positions on the current symbol at the top of the current candle. This is meant for day trading / scalping (may not show on higher time frames).

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

 

[majidg]

Here is a quick little study I created to show the current PL for the current symbol at the top of the current candle.

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

I copied and pasted the above, it does not show the bubble on the last candle. can you advise?

when I remove "GetQuantity () != 0 and" it always shows 0 at the high. when I keep the original code it does not show any bubble on any open position.

I am trading stocks. what is the time frame? is it daily or intraday

I am not sure why it does not work on my open orders for any time frame
I will check further to see why I am not seeing anything on my open orders. I created it as study and I tried various TF.

 

[jetheller]

It only shows the bubble if there is an open position on the symbol you are looking at; no open position (either long or short) then no bubble. If you want it to always show the bubble then remove "GetQuantity () != 0 and " from the code (that part of the code says when quantity is not equal to 0).

What are you trading? I use this on Stocks and Futures on the Chart in thinkorswim and it works. See image below (/ES chart)

I am on the 5 minute chart. I just checked and it works on 1 hour and smaller but not above. Not sure why, let me see if I can fix that.

Did you create it as a study? I may need more info on your setup, or you can try on a chart that doesn't have any other studies to see if there is a conflict.

This was meant for day trading / scalping so I could quickly see how I was doing and take action or not. I just logged into an account where I have long term positions to see if maybe it only works for intraday positions and that is not the case, then I thought maybe the number is too large and also not the case. See image below, I have this position for a few months, making a good amount and it also shows on the daily chart and all times frames below (for this account it doesn't show on the weekly chart).

 

[jetheller]

If there is anyone else who has tried this, please let us know if it worked for you or not.

 

[merryDay]

It works great! Thank you for the contribution.

 

[majidg]

If there is anyone else who has tried this, please let us know if it worked for you or not.

Hi Jet

It only shows the bubble if there is an open position on the symbol you are looking at; no open position (either long or short) then no bubble. If you want it to always show the bubble then remove "GetQuantity () != 0 and " from the code (that part of the code says when quantity is not equal to 0).

What are you trading? I use this on Stocks and Futures on the Chart in thinkorswim and it works. See image below (/ES chart)

I am on the 5 minute chart. I just checked and it works on 1 hour and smaller but not above. Not sure why, let me see if I can fix that.

Did you create it as a study? I may need more info on your setup, or you can try on a chart that doesn't have any other studies to see if there is a conflict.

This was meant for day trading / scalping so I could quickly see how I was doing and take action or not. I just logged into an account where I have long term positions to see if maybe it only works for intraday positions and that is not the case, then I thought maybe the number is too large and also not the case. See image below, I have this position for a few months, making a good amount and it also shows on the daily chart and all times frames below (for this account it doesn't show on the weekly chart).

Thanks jetheller, it started working for me too.

 

[Cliff]

Has anyone figured out why this doesn't work on daily charts? I'm using options and the studies I tried may only recognize stocks or futures.

def LastBar = !isnan(close[0]) and isnan(close[-1]);
#def PL = GetOpenPL();
def PL = GetQuantity() * close;
AddLabel(LastBar, PL, If PL > 0 then Color.GREEN else Color.RED);

 

[ms33]

Could this be amended to show the P&L of being out of the position once the position has been closed. To me, that's an equally challenging and difficult trading decision.

 

[jetheller]

Could this be amended to show the P&L of being out of the position once the position has been closed. To me, that's an equally challenging and difficult trading decision.

Could you explain your request with a detailed example, I don't understand the request. There are other tools/places within TOS that shows P&L for closed trades.

 

[red_man_1111]

Here is a quick little study I created to show the current PL for any open positions on the current symbol at the top of the current candle. This is meant for day trading / scalping (may not show on higher time frames).

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

is not showing me nothing in 3m intraday

 

[merryDay]

Unfortunately, as of the merger; we no longer have the ability to access any data related to our portfolios.
read more: https://usethinkscript.com/threads/...o-functions-in-thinkorswim.18808/#post-142000

Given that is the case. This thread will be locked.
The scripts contained herein, no longer work in the ToS app.

@red_man_1111

 

[useThinkScript]

It appears that Schwab has resolved the issues with the portfolio functions.
You can attempt to use the script from this thread, once again.

 

[JDS]

Here is a quick little study I created to show the current PL for any open positions on the current symbol at the top of the current candle. This is meant for day trading / scalping (may not show on higher time frames).

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

Is the code still working in TOS? Seems like it has a lag to it. didn't know if something was updated or its not working properly anymore.

 

[rad14733]

@JDS Unfortunately, Schwab doesn't update Portfolio data in real time so there will be a lag when using GetQuantity()... However, the data in the P/L Open column of the Current Account Positions Watchlist as well in Active Trader or simply creating a Chart Label calling the GetOpenPL() function all provide real time data... I have the GetOpenPL() driven label on my Option Charts and see no lag...

 

[jetheller]

Is the code still working in TOS? Seems like it has a lag to it. didn't know if something was updated or its not working properly anymore.

It is still working for me. What are you using on, Stock, Futures or something else? And what time frame?

 

[JDS]

It is still working for me. What are you using on, Stock, Futures or something else? And what time frame?

Maybe it's because I had something else on the chart that was interfering with it. Its working now.

 

[JDS]

Here is a quick little study I created to show the current PL for any open positions on the current symbol at the top of the current candle. This is meant for day trading / scalping (may not show on higher time frames).

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

Hello, does this work well on option charts?