Bid Ask Labels For ThinkOrSwim

[raj2ras]

I am new to thinkScript. Is it possible to get the bid ask spread as a label on a daily chart?

Thank you in advance

 

[rad14733]

@raj2ras The following is a snippet of code from one of my regularly used Studies, edited to your request...

def bid = close(priceType = PriceType.BID);
def ask = close(priceType = PriceType.ASK);

AddLabel(yes, "Bid: " + Round(bid, 2), Color.GRAY);
AddLabel(yes, "Ask: " + Round(ask, 2), Color.GRAY);
AddLabel(yes, "BA/2: " + Round((bid + ask) / 2, 2), Color.GRAY);

 

[UpTwoBucks]

#Bid, Ask, Spreads Label
input limit = 0.09;
def priceB = close(priceType = PriceType.BID);
def priceA = close(priceType = PriceType.ASK);
AddLabel(yes, Concat("Bid: ", priceB), Color.WHITE);
AddLabel(yes, Concat("Ask: ", priceA), Color.WHITE);
AddLabel(yes, Concat("Spread: ", priceA - priceB), if priceA - priceB > limit then Color.RED else Color.WHITE);

 

[wallaby]

My label boxes on the chart do not show the actual bid and ask prices for lower time frames less than 4 Hours.
What could be the reason for this?
Thanks.

Update:
my message was incorrect. It should have read:
My label boxes on the chart do not show the actual bid and ask prices for time frames of 4 hours or greater than 4 Hours. Time frames below 4 hours are OK.
What could be the reason for this?
I am not paper trading.
Thanks. I very much appreciate your help and your contributions to the site.

 

[Knight Rider]

Haven't had any reported issues with the code. Are you maybe paper trading? Have you tried reinstalling making sure to copy entire code?

#Bid, Ask, Spreads Label
input limit = 0.09;
def priceB = close(priceType = PriceType.BID);
def priceA = close(priceType = PriceType.ASK);
AddLabel(yes, Concat("Bid: ", priceB), Color.WHITE);
AddLabel(yes, Concat("Ask: ", priceA), Color.WHITE);
AddLabel(yes, Concat("Spread: ", priceA - priceB), if priceA - priceB > limit then Color.RED else Color.WHITE);

Are you able to use this in a scanner? Would like to thin the heard if possible?

 

[MerryDay]

Are you able to use this in a scanner? Would like to thin the heard if possible?

@UpTwoBucks

No. Not possible to use bid or ask in the ToS Scan Hacker.
read more:
https://usethinkscript.com/threads/...s-watchlists-and-scans-for-thinkorswim.10626/

 

[MerryDay]

My label boxes on the chart do not show the actual bid and ask prices for time frames of 4 hours or greater than 4 Hours.

@UpTwoBucks

You didn't provide enough information to say where you went astray.
If I was to hazard a wild guess. I would say that your chart time interval is too high.

Bid and Ask price types are only supported on intraday charts with time interval not greater than 15 days.
https://tlc.thinkorswim.com/center/reference/thinkScript/Constants/PriceType/PriceType-ASK

 

[wallaby]

Thanks. That makes sense to me now.