AGAIG Price Pointer For ThinkOrSwim

[csricksdds]

This is a price pointer that moves directionally with a candle with a Horizontal Blue Line to the right of the current candle.

Indicator Link: http://tos.mx/Rmiy7Xy

Indicator Code:

##AsGoodAsItGets-PricePointer
declare upper;

input PriceMarker = yes; #Hint PriceMarker: Shows a line pointing to the current price level.

def closeplot = if !IsNaN(close) and IsNaN(close[-1]) then close else closeplot[1];
plot pricepointer = if PriceMarker and IsNaN(close) then closeplot else Double.NaN;
pricepointer.SetDefaultColor(Color.CYAN);
pricepointer.SetLineWeight(3);
#End

 

[ridingthewav]

Nice!!! Exactly what I was looking for.

 

[csricksdds]

Nice!!! Exactly what I was looking for.

It is very helpful!

 

[IHopeToLearn]

This is a price pointer that moves directionally with a candle with a Horizontal Blue Line to the right of the current candle.

Indicator Link: http://tos.mx/Rmiy7Xy

Indicator Code:
##AsGoodAsItGets-PricePointer
declare upper;

input PriceMarker = yes; #Hint PriceMarker: Shows a line pointing to the current price level.

def closeplot = if !IsNaN(close) and IsNaN(close[-1]) then close else closeplot[1];
plot pricepointer = if PriceMarker and IsNaN(close) then closeplot else Double.NaN;
pricepointer.SetDefaultColor(Color.CYAN);
pricepointer.SetLineWeight(3);
#End

Hi this looks great, but what I was looking for is for it to overlay the line on the candle. Is that possible? or maybe touch the right side of the candle?
Thanks

 

[csricksdds]

If you go to the wheel (next to the beaker on your chart) click on the wheel and go to "Time axis" and give yourself some expansion area (I use 10) you will find the blue line makes a lot more sense to you...it tracks to the right of the candle and shows if candle moving up or down currently.

 

[Tradervic]

@csricksdds
I read what you wrote about the Price Pointer in one of your post and you said "This is a price pointer that moves directionally with a candle with a Horizontal Blue Line to the right of the current candle." I still don't understand how to use the Price Pointer? Can you please explain? Second, what do you think about applying these indicators to a longer time frame or daily chart for swing trading. Thanks

 

[csricksdds]

I read what you wrote about the Price Pointer in one of your post and you said "This is a price pointer that moves directionally with a candle with a Horizontal Blue Line to the right of the current candle." I still don't understand how to use the Price Pointer? Can you please explain? Second, what do you think about applying these indicators to a longer time frame or daily chart for swing trading. Thanks

I'm assuming you have the Price Pointer loaded from your comments? The price pointer shows price movement along side the candle at the price point of the candle. Is it moving up, static, or down on the candle itself.

Helps show price and price movement without needing to check price at top of chart. Right now I'm looking at the QQQ after hour for the weekend and the price pointer is at lower wick of candle with the blue corresponding price bubble to the right of 462.20.

It looks like you are a VIP member who should be able to download the Merry Day updated 10X
https://usethinkscript.com/threads/...e-is-most-favorable-to-trade-using-dmi.10438/
which will will show you activity in the longer time frames.

Indicators on longer time frames gets to be a bit jumbled which is why I use the 5 min for my personal trading.

This particular chart layout
https://usethinkscript.com/threads/agaig-keepitsimplechart-for-thinkorswim.18894/#post-142644
is the best of my charts (to my thinking) and is the one I currently use. I'm glad you like it.

 

[Tradervic]

I'm assuming you have the Price Pointer loaded from your comments? The price pointer shows price movement along side the candle at the price point of the candle. Is it moving up, static, or down on the candle itself.

Helps show price and price movement without needing to check price at top of chart. Right now I'm looking at the QQQ after hour for the weekend and the price pointer is at lower wick of candle with the blue corresponding price bubble to the right of 462.20.

It looks like you are a VIP member who should be able to download the Merry Day updated 10X
https://usethinkscript.com/threads/...e-is-most-favorable-to-trade-using-dmi.10438/
which will will show you activity in the longer time frames.

Indicators on longer time frames gets to be a bit jumbled which is why I use the 5 min for my personal trading.

This particular chart layout
https://usethinkscript.com/threads/agaig-keepitsimplechart-for-thinkorswim.18894/#post-142644
is the best of my charts (to my thinking) and is the one I currently use. I'm glad you like it.

Thanks Rick for the reply. I believe you said you are 75? If so, I am happy to see older folks trading and especially coming up with nice combo indicator setups. I am not that far off from you and hope to trade until I am dead.

 

[TapthatAsk]

This is a price pointer that moves directionally with a candle with a Horizontal Blue Line to the right of the current candle.

Indicator Link: http://tos.mx/Rmiy7Xy

Indicator Code:

##AsGoodAsItGets-PricePointer
declare upper;

input PriceMarker = yes; #Hint PriceMarker: Shows a line pointing to the current price level.

def closeplot = if !IsNaN(close) and IsNaN(close[-1]) then close else closeplot[1];
plot pricepointer = if PriceMarker and IsNaN(close) then closeplot else Double.NaN;
pricepointer.SetDefaultColor(Color.CYAN);
pricepointer.SetLineWeight(3);
#End

I use this daily, is there a way to make it plot current price with pre market data off? Would be nice to show its current position on the chart without having pre market data turned on

 

[csricksdds]

I use this daily, is there a way to make it plot current price with pre market data off? Would be nice to show its current position on the chart without having pre market data turned on

It shows current price whether after hours or current. If you don't want after hours on your charting click on the wheel between your minute and beaker, click on equities and uncheck Show Extended-Hours Trading Session, click OK and then do the same for Options and Futures.

 

[TapthatAsk]

It shows current price whether after hours or current. If you don't want after hours on your charting click on the wheel between your minute and beaker, click on equities and uncheck Show Extended-Hours Trading Session, click OK and then do the same for Options and Futures.

No what saying is I don't want to see pre market data but I do want to see the price pointer showing where the current price is even if the pre market is turned off. Basically price pointer is always active example pre market off but price pointer is still showing current price

 

[useThinkScript]

No what saying is I don't want to see pre market data but I do want to see the price pointer showing where the current price is even if the pre market is turned off. Basically price pointer is always active example pre market off but price pointer is still showing current price

Unfortunately no.
You can only see the current price premarket, if premarket is turned on.