Jacky Trend Expert For ThinkOrSwim

[Tomahawk6117]

This is for a trend indicator.
The author states: The Trend Expert is a calculation of SMA and MA for a special trend formula to estimate the momentum of the daily trend.

How it reads:
1. Red candle is a short-term uptrend.
2. Green candle is a short-term downtrend.
3. The height of the candle is momentum price bet stronger or weaker.

Description: 1. Study the momentum of price and justify the mid-short-term trend line.
#// 2. Trend line Purple= Bear and Blue= Bull.
#// 3. Price candle height is momentum power. Green is momentum up, red is momentum down.
#// 4. Buy Target = green candle to red candle and above Bull trend line.
#// 5. Sell = red candle to green candle as short term sell. Or. Midterm Sell below trend line.

Here is the original Tradingview code:
https://www.tradingview.com/v/TQZaT6lI/


For the new ThinkOrSwim code, you must scroll down to the next post

 

[samer800]

Hello everyone,

May you please help me in converting the following Pinescript code to thinkscript for thinkorswim? It is for a trend indicator. The code is below and the link to the indicator is: https://www.tradingview.com/v/TQZaT6lI/. Thank you very much for your time and your help.

/////////////////////////////////////////////////////////////////////////////////////
//      Author: Jacky
//      Rev Date : Dec 10 2021, rev 2
//      Description: 1. Study the momentum of price and justify the Mid-shortterm trend line.
//                   2. Trend line Purple =  Bull and Green =  Bear.
//                   3. Price candle height is momentum power. Green is momentum up, red is momentum down.
//                   4. Thick Mainlines is Mid-shorterm trend, if red is Bear, and partial red is risk of trend change.
//                   5. Buy Target = green candle to red candle and above Bull trend line.
//                   6. Sell = red candle to green candle as short term sell. Or. Midterm Sell below trend line.
//@version=5
indicator(title='Jacky TE', shorttitle='Jacky Trend Expert', precision=3)
//Function
WEIGHT(values, length) =>
    f_val = float(na)
    f_val := ta.wma(values, length) * 3 - ta.sma(values, length) * 2
    f_val

// Calculating Trend expert
priceTrend = (close * 3 + open * 2 + low + high) / 7
Trend_ma = ta.ema(priceTrend, 3)
Weight_ma = WEIGHT(Trend_ma, 6)

trendline = math.avg(ta.ema(priceTrend, 21), ta.ema(priceTrend, 34), ta.ema(priceTrend, 68))

paletteT = trendline <= trendline[1] ? color.new(color.lime, 10) : color.new(color.purple, 10)

plot(WEIGHT(trendline, 6), title='trendline', color=paletteT, linewidth=2)

palette = Weight_ma >= Weight_ma[1] ? color.new(color.red, 0) : color.new(color.lime, 0)

higher = 0.000
lower = 0.000

if Weight_ma >= Weight_ma[1]
    higher := Weight_ma
    lower := Weight_ma[1]
    lower
else
    higher := Weight_ma[1]
    lower := Weight_ma
    lower

plotcandle(higher, higher, lower, lower, color=palette, bordercolor=palette, wickcolor=palette)

check the below:

# Indicator for TOS
#// Author: Jacky
#// Rev Date : Dec 10 2021, rev 2
#// Description: 1. Study the momentum of price and justify the Mid-shortterm trend line.
#//              2. Trend line Purple =  Bull and Green =  Bear.
#//              3. Price candle height is momentum power. Green is momentum up, red is momentum down.
#//              4. Thick Mainlines is Mid-shorterm trend, if red is Bear, and partial red is risk of trend change.
#//              5. Buy Target = green candle to red candle and above Bull trend line.
#//              6. Sell = red candle to green candle as short term sell. Or. Midterm Sell below trend line.
#indicator(title='Jacky TE', shorttitle='Jacky Trend Expert', precision=3)
# Converted by Sam4Cok@Samer800     - 03/2025

Declare lower;
input colorBars = yes;

def na = Double.NaN;
def last = isNaN(Close);

#//Function
Script WEIGHT {
input values = close;
input length = 6;
    def f_val = wma(values, length) * 3 - Average(values, length) * 2;
    plot out = f_val;
}
#// Calculating Trend expert
def priceTrend = (close * 3 + open * 2 + low + high) / 7;
def Trend_ma = ExpAverage(priceTrend, 3);
def Weight_ma = WEIGHT(Trend_ma, 6);
def ema1 = ExpAverage(priceTrend, 21);
def ema2 = ExpAverage(priceTrend, 34);
def ema3 = ExpAverage(priceTrend, 68);
def trendL = (ema1 + ema2 + ema3) / 3;
def weighTL = WEIGHT(trendL, 6);

def higher;
def lower;

if Weight_ma >= Weight_ma[1] {
    higher = Weight_ma;
    lower = Weight_ma[1];
} else {
    higher = Weight_ma[1];
    lower = Weight_ma;
}

#-- plots

plot trendLine = if !last and weighTL then weighTL else na;
trendLine.AssignValueColor(if trendline > trendline[1] then Color.CYAN else Color.MAGENTA);

# Plot the new Chart
def dn = Weight_ma < Weight_ma[1];

AddChart(open = if dn then na else higher, high = higher , low = lower , close = if dn then na else lower,
         type = ChartType.CANDLE, growcolor = Color.GREEN);

AddChart(open = if dn then higher else na, high = higher , low = lower , close = if dn then lower else na,
         type = ChartType.CANDLE, growcolor = Color.RED);

AssignPriceColor(if !colorBars then Color.CURRENT else
                 if trendline > trendline[1] then
                 if dn then Color.DARK_GREEN else Color.GREEN else
                 if dn then Color.RED else Color.DARK_RED);
#-- END of CODE

 

[Tomahawk6117]

check the below:

# Indicator for TOS
#// Author: Jacky
#// Rev Date : Dec 10 2021, rev 2
#// Description: 1. Study the momentum of price and justify the Mid-shortterm trend line.
#//              2. Trend line Purple =  Bull and Green =  Bear.
#//              3. Price candle height is momentum power. Green is momentum up, red is momentum down.
#//              4. Thick Mainlines is Mid-shorterm trend, if red is Bear, and partial red is risk of trend change.
#//              5. Buy Target = green candle to red candle and above Bull trend line.
#//              6. Sell = red candle to green candle as short term sell. Or. Midterm Sell below trend line.
#indicator(title='Jacky TE', shorttitle='Jacky Trend Expert', precision=3)
# Converted by Sam4Cok@Samer800     - 03/2025

Declare lower;
input colorBars = yes;

def na = Double.NaN;
def last = isNaN(Close);

#//Function
Script WEIGHT {
input values = close;
input length = 6;
    def f_val = wma(values, length) * 3 - Average(values, length) * 2;
    plot out = f_val;
}
#// Calculating Trend expert
def priceTrend = (close * 3 + open * 2 + low + high) / 7;
def Trend_ma = ExpAverage(priceTrend, 3);
def Weight_ma = WEIGHT(Trend_ma, 6);
def ema1 = ExpAverage(priceTrend, 21);
def ema2 = ExpAverage(priceTrend, 34);
def ema3 = ExpAverage(priceTrend, 68);
def trendL = (ema1 + ema2 + ema3) / 3;
def weighTL = WEIGHT(trendL, 6);

def higher;
def lower;

if Weight_ma >= Weight_ma[1] {
    higher = Weight_ma;
    lower = Weight_ma[1];
} else {
    higher = Weight_ma[1];
    lower = Weight_ma;
}

#-- plots

plot trendLine = if !last and weighTL then weighTL else na;
trendLine.AssignValueColor(if trendline > trendline[1] then Color.CYAN else Color.MAGENTA);

# Plot the new Chart
def dn = Weight_ma < Weight_ma[1];

AddChart(open = if dn then na else higher, high = higher , low = lower , close = if dn then na else lower,
         type = ChartType.CANDLE, growcolor = Color.GREEN);

AddChart(open = if dn then higher else na, high = higher , low = lower , close = if dn then lower else na,
         type = ChartType.CANDLE, growcolor = Color.RED);

AssignPriceColor(if !colorBars then Color.CURRENT else
                 if trendline > trendline[1] then
                 if dn then Color.DARK_GREEN else Color.GREEN else
                 if dn then Color.RED else Color.DARK_RED);
#-- END of CODE

This looks really good @samer800, thank you very much for your help, I really appreciate it. Thank you very much for responding so quickly as well.