jman

  1. J

    Typical True Range Price for ThinkorSwim

    This isn't so much an "indicator" but rather a different way of analyzing price that I came up with that can be used within custom indicators. Anyone who follows my threads will notice that I tend to prefer to use Typical Price when analyzing price, meaning rather than using the high, low...
  2. J

    Buy And Sell Price Pressure Average For ThinkOrSwim

    This is another kind of average I made that's based on a similar concept of the Buy And Sell Volume Pressure indicators I've made, minus the volume. It strictly uses price data and is used as an average on the chart. If you'd like to understand how it works, please refer to the code. It's a...
  3. J

    The Typical Fibonacci Average For ThinkOrSwim

    This is the code for my Typical Fib Average. It is basically used as support/resistance. The upward /downward slope of the average lines helps determine the overall direction of price. When price crosses the Fibonacci average, it can be a sign of a change in trend. It is a combination of 8...
  4. J

    Donchian Channel Trend For ThinkOrSwim

    This is a simple indicator I've created to help determine whether a trend is up or down. It plots the difference between the upper and lower channels of two Donchian Channels. The lengths of the two Donchian Channels are adjustable. The difference between the lower channels is plotted as a...
  5. J

    Jman Buy And Sell Volume Pressure For ThinkOrSwim

    First, I'll start by saying I think someone else has posted a similar base indicator for the indicators I'm about to post here, but I didn't look into the details of their calculations. I first started by creating an indicator that essentially separates buy volume pressure from sell volume...
  6. J

    Adjustable Length True Range Indicator for ThinkorSwim

    Might have been done before, I don't know (I couldn't find anything on here), but this is a simple indicator I created that gives the True Range of any length of bars defined by the user. For example, if you set the length to 3, it will give you the True Range of the current bar and the 2 bars...
  7. J

    Typical Price Combo Average with ATR Bands and Matching %TPCA Indicators For ThinkOrSwim

    These are a couple of indicators I came up with that I've been practicing with using the OnDemand feature on ToS. I enjoy it a lot for scalping off of the 5 minute chart in combination with other indicators/averages. Maybe some of you will find use for it. The first indicator on the price chart...
  8. J

    Formulas for a Fibonacci Weighted Moving Average

    Hi there, I came up with the idea for a Fibonacci Weighted Moving Average, but I need help figuring out the math since I'll have to make it from scratch. Basically, it would work like a weighted moving average but with Fibonacci numbers instead of how the original weighted moving average works...
  9. J

    Conviction Index and Volume Weighted Conviction Index For ThinkOrSwim

    Hey there, new to usethinkscript. I've been coming up with ideas left and right for indicators these last few months and I think I've finally come up with something that might be useful to some. I call it the "Conviction Index". I also came up with a "volume weighted" Conviction Index. They give...

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