Buyer to Seller Volume (BSV) For ThinkOrSwim

halcyonguy

halcyonguy

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Converted from Tradingview:
https://usethinkscript.com/threads/converted-tradingview-buyer-to-seller-volume-bsv.13874/

here is a version without MTF

not sure if these formulas should be changed, to be averages, not just sums
def BuyAverage = sum(greencandlevolume, AvgLength);
def SellAverage = sum(redcandlevolume, AvgLength);


Code: 
declare lower;


#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// © Steversteves
#//@version=5
#indicator("Buyer to Seller Volume (BSV)")

#BackgroundData(symbol, timeframe, data) =>
#    isLive = barstate.isrealtime
#    request.security(symbol, timeframe, data[isLive ? 1 : 0])[isLive ? 0 : 1]

#InSession(sessionTimes, sessionTimeZone=syminfo.timezone) =>
#    not na(time(timeframe.period, sessionTimes, sessionTimeZone))

def chartagg = getaggregationperiod();
def chartmin = chartagg/(1000*60);
#addlabel(yes, chartmin + " min", color.yellow);


#higherTimeFrame = input.timeframe("D", title="Time Frame")
#AvgLength   = input.int(14, title="Average Length")
input AvgLength = 14;

#greencandle = (close > open)
#redcandle = (open > close)

def greencandle = (close > open);
def redcandle = (open > close);

#greencandlevolume = if greencandle
#    volume
#redcandlevolume = if redcandle
#    volume

def greencandlevolume = if greencandle then volume else 0;
def redcandlevolume = if redcandle then volume else 0;
  
#// Vol Over time

#BuyAverage = BackgroundData(syminfo.tickerid, higherTimeFrame, math.sum(greencandlevolume, AvgLength))
#SellAverage = BackgroundData(syminfo.tickerid, higherTimeFrame, math.sum(redcandlevolume, AvgLength))

def BuyAverage = sum(greencandlevolume, AvgLength);
def SellAverage = sum(redcandlevolume, AvgLength);


#buyvolmax = ta.highest(BuyAverage, AvgLength)
#buyvolmin = ta.lowest(BuyAverage, AvgLength)
#sellvolmax = ta.highest(SellAverage, AvgLength)
#sellvolmin = ta.lowest(SellAverage, AvgLength)

def buyvolmax = highest(BuyAverage, AvgLength);
def buyvolmin = lowest(BuyAverage, AvgLength);
def sellvolmax = highest(SellAverage, AvgLength);
def sellvolmin = lowest(SellAverage, AvgLength);

#bool buyvolmaxatmax = BuyAverage >= buyvolmax
#bool buyvolminatmin = BuyAverage <= buyvolmin
#bool sellvolmax2 = SellAverage >= sellvolmax
#bool sellvolmin2 = SellAverage >= sellvolmin

def buyvolmaxatmax = BuyAverage >= buyvolmax;
def buyvolminatmin = BuyAverage <= buyvolmin;
def sellvolmax2 = SellAverage >= sellvolmax;
def sellvolmin2 = SellAverage >= sellvolmin;


#// Color
#color volBullColorInput = input.color(color.green, "Bull")
#color volBearColorInput = input.color(color.red, "Bear")
#color neutralinput = input.color(color.gray, "Neutral")
#color maxbuyers = input.color(color.fuchsia, "Max Buyers")
#color minbuyers = input.color(color.black, "Max Sellers")
#color buyerneutral = input.color(color.black, "Buyers Neutral")


DefineGlobalColor("Bull", color.green);  #volBullColorInput
DefineGlobalColor("Bear", color.red);  #volBearColorInput
DefineGlobalColor("Neutral", color.gray);  #neutralinput
DefineGlobalColor("Max Buyers", color.magenta);  #maxbuyers
DefineGlobalColor("Max Sellers", color.black);  #minbuyers
DefineGlobalColor("Buyers Neutral", color.black);  #buyerneutral


#color buyavgcolor =  buyvolmaxatmax ? minbuyers : volBullColorInput
#color sellavgcolor = sellvolmax2 ? neutralinput : volBearColorInput


#// SMA Vol
#volavg = (BuyAverage + SellAverage) / 2
def volavg = (BuyAverage + SellAverage) / 2;

#sma = ta.sma(volavg, AvgLength)
input ma1_type =  AverageType.simple;
def sma = MovingAverage(ma1_type, volavg, AvgLength);

#plot(sma, "SMA", color=color.yellow)
plot zsma = sma;
zsma.SetDefaultColor(Color.yellow);
#zsma.setlineweight(1);
zsma.hidebubble();


#//plot(br, style=plot.style_histogram, color = pallette)

#plot(BuyAverage, "Buyer Volume", color = volBullColorInput, linewidth=2)
#plot(SellAverage, "Seller Volume", color = volBearColorInput, linewidth=2)

plot zBuyAverage = BuyAverage;
zBuyAverage.SetDefaultColor(GlobalColor("bull"));
zBuyAverage.setlineweight(2);
zBuyAverage.hidebubble();

plot zSellAverage = SellAverage;
zSellAverage.SetDefaultColor(GlobalColor("bear"));
zsellAverage.setlineweight(2);
zsellAverage.hidebubble();
 
Last edited by a moderator:
halcyonguy said:
here is a version without MTF

not sure if these formulas should be changed, to be averages, not just sums
def BuyAverage = sum(greencandlevolume, AvgLength);
def SellAverage = sum(redcandlevolume, AvgLength);


Code: 
declare lower;


#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// © Steversteves
#//@version=5
#indicator("Buyer to Seller Volume (BSV)")

#BackgroundData(symbol, timeframe, data) =>
#    isLive = barstate.isrealtime
#    request.security(symbol, timeframe, data[isLive ? 1 : 0])[isLive ? 0 : 1]

#InSession(sessionTimes, sessionTimeZone=syminfo.timezone) =>
#    not na(time(timeframe.period, sessionTimes, sessionTimeZone))

def chartagg = getaggregationperiod();
def chartmin = chartagg/(1000*60);
#addlabel(yes, chartmin + " min", color.yellow);


#higherTimeFrame = input.timeframe("D", title="Time Frame")
#AvgLength   = input.int(14, title="Average Length")
input AvgLength = 14;

#greencandle = (close > open)
#redcandle = (open > close)

def greencandle = (close > open);
def redcandle = (open > close);

#greencandlevolume = if greencandle
#    volume
#redcandlevolume = if redcandle
#    volume

def greencandlevolume = if greencandle then volume else 0;
def redcandlevolume = if redcandle then volume else 0;
  
#// Vol Over time

#BuyAverage = BackgroundData(syminfo.tickerid, higherTimeFrame, math.sum(greencandlevolume, AvgLength))
#SellAverage = BackgroundData(syminfo.tickerid, higherTimeFrame, math.sum(redcandlevolume, AvgLength))

def BuyAverage = sum(greencandlevolume, AvgLength);
def SellAverage = sum(redcandlevolume, AvgLength);


#buyvolmax = ta.highest(BuyAverage, AvgLength)
#buyvolmin = ta.lowest(BuyAverage, AvgLength)
#sellvolmax = ta.highest(SellAverage, AvgLength)
#sellvolmin = ta.lowest(SellAverage, AvgLength)

def buyvolmax = highest(BuyAverage, AvgLength);
def buyvolmin = lowest(BuyAverage, AvgLength);
def sellvolmax = highest(SellAverage, AvgLength);
def sellvolmin = lowest(SellAverage, AvgLength);

#bool buyvolmaxatmax = BuyAverage >= buyvolmax
#bool buyvolminatmin = BuyAverage <= buyvolmin
#bool sellvolmax2 = SellAverage >= sellvolmax
#bool sellvolmin2 = SellAverage >= sellvolmin

def buyvolmaxatmax = BuyAverage >= buyvolmax;
def buyvolminatmin = BuyAverage <= buyvolmin;
def sellvolmax2 = SellAverage >= sellvolmax;
def sellvolmin2 = SellAverage >= sellvolmin;


#// Color
#color volBullColorInput = input.color(color.green, "Bull")
#color volBearColorInput = input.color(color.red, "Bear")
#color neutralinput = input.color(color.gray, "Neutral")
#color maxbuyers = input.color(color.fuchsia, "Max Buyers")
#color minbuyers = input.color(color.black, "Max Sellers")
#color buyerneutral = input.color(color.black, "Buyers Neutral")


DefineGlobalColor("Bull", color.green);  #volBullColorInput
DefineGlobalColor("Bear", color.red);  #volBearColorInput
DefineGlobalColor("Neutral", color.gray);  #neutralinput
DefineGlobalColor("Max Buyers", color.magenta);  #maxbuyers
DefineGlobalColor("Max Sellers", color.black);  #minbuyers
DefineGlobalColor("Buyers Neutral", color.black);  #buyerneutral


#color buyavgcolor =  buyvolmaxatmax ? minbuyers : volBullColorInput
#color sellavgcolor = sellvolmax2 ? neutralinput : volBearColorInput


#// SMA Vol
#volavg = (BuyAverage + SellAverage) / 2
def volavg = (BuyAverage + SellAverage) / 2;

#sma = ta.sma(volavg, AvgLength)
input ma1_type =  AverageType.simple;
def sma = MovingAverage(ma1_type, volavg, AvgLength);

#plot(sma, "SMA", color=color.yellow)
plot zsma = sma;
zsma.SetDefaultColor(Color.yellow);
#zsma.setlineweight(1);
zsma.hidebubble();


#//plot(br, style=plot.style_histogram, color = pallette)

#plot(BuyAverage, "Buyer Volume", color = volBullColorInput, linewidth=2)
#plot(SellAverage, "Seller Volume", color = volBearColorInput, linewidth=2)

plot zBuyAverage = BuyAverage;
zBuyAverage.SetDefaultColor(GlobalColor("bull"));
zBuyAverage.setlineweight(2);
zBuyAverage.hidebubble();

plot zSellAverage = SellAverage;
zSellAverage.SetDefaultColor(GlobalColor("bear"));
zsellAverage.setlineweight(2);
zsellAverage.hidebubble();
Click to expand...
I Appreciate this! Will be able to learn from the code you left in there too, thanks!
 
Here is a way to make it MTF

Code: 
input UseChartAgg = yes;
input MTFAgg= AggregationPeriod.FIVE_MIN;

def chartagg = if Usechartagg==0 then MTFagg else getaggregationperiod();


def Close = Close(period=Chartagg);
Def Open = Open(period=Chartagg);
def Volume = Volume(period=Chartagg);

declare lower;


#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// © Steversteves
#//@version=5
#indicator("Buyer to Seller Volume (BSV)")

#BackgroundData(symbol, timeframe, data) =>
#    isLive = barstate.isrealtime
#    request.security(symbol, timeframe, data[isLive ? 1 : 0])[isLive ? 0 : 1]

#InSession(sessionTimes, sessionTimeZone=syminfo.timezone) =>
#    not na(time(timeframe.period, sessionTimes, sessionTimeZone))

def chartagg = getaggregationperiod();
def chartmin = chartagg/(1000*60);
#addlabel(yes, chartmin + " min", color.yellow);


#higherTimeFrame = input.timeframe("D", title="Time Frame")
#AvgLength   = input.int(14, title="Average Length")
input AvgLength = 14;

#greencandle = (close > open)
#redcandle = (open > close)

def greencandle = (close > open);
def redcandle = (open > close);

#greencandlevolume = if greencandle
#    volume
#redcandlevolume = if redcandle
#    volume

def greencandlevolume = if greencandle then volume else 0;
def redcandlevolume = if redcandle then volume else 0;
   
#// Vol Over time

#BuyAverage = BackgroundData(syminfo.tickerid, higherTimeFrame, math.sum(greencandlevolume, AvgLength))
#SellAverage = BackgroundData(syminfo.tickerid, higherTimeFrame, math.sum(redcandlevolume, AvgLength))

def BuyAverage = sum(greencandlevolume, AvgLength);
def SellAverage = sum(redcandlevolume, AvgLength);


#buyvolmax = ta.highest(BuyAverage, AvgLength)
#buyvolmin = ta.lowest(BuyAverage, AvgLength)
#sellvolmax = ta.highest(SellAverage, AvgLength)
#sellvolmin = ta.lowest(SellAverage, AvgLength)

def buyvolmax = highest(BuyAverage, AvgLength);
def buyvolmin = lowest(BuyAverage, AvgLength);
def sellvolmax = highest(SellAverage, AvgLength);
def sellvolmin = lowest(SellAverage, AvgLength);

#bool buyvolmaxatmax = BuyAverage >= buyvolmax
#bool buyvolminatmin = BuyAverage <= buyvolmin
#bool sellvolmax2 = SellAverage >= sellvolmax
#bool sellvolmin2 = SellAverage >= sellvolmin

def buyvolmaxatmax = BuyAverage >= buyvolmax;
def buyvolminatmin = BuyAverage <= buyvolmin;
def sellvolmax2 = SellAverage >= sellvolmax;
def sellvolmin2 = SellAverage >= sellvolmin;


#// Color
#color volBullColorInput = input.color(color.green, "Bull")
#color volBearColorInput = input.color(color.red, "Bear")
#color neutralinput = input.color(color.gray, "Neutral")
#color maxbuyers = input.color(color.fuchsia, "Max Buyers")
#color minbuyers = input.color(color.black, "Max Sellers")
#color buyerneutral = input.color(color.black, "Buyers Neutral")


DefineGlobalColor("Bull", color.green);  #volBullColorInput
DefineGlobalColor("Bear", color.red);  #volBearColorInput
DefineGlobalColor("Neutral", color.gray);  #neutralinput
DefineGlobalColor("Max Buyers", color.magenta);  #maxbuyers
DefineGlobalColor("Max Sellers", color.black);  #minbuyers
DefineGlobalColor("Buyers Neutral", color.black);  #buyerneutral


#color buyavgcolor =  buyvolmaxatmax ? minbuyers : volBullColorInput
#color sellavgcolor = sellvolmax2 ? neutralinput : volBearColorInput


#// SMA Vol
#volavg = (BuyAverage + SellAverage) / 2
def volavg = (BuyAverage + SellAverage) / 2;

#sma = ta.sma(volavg, AvgLength)
input ma1_type =  AverageType.simple;
def sma = MovingAverage(ma1_type, volavg, AvgLength);

#plot(sma, "SMA", color=color.yellow)
plot zsma = sma;
zsma.SetDefaultColor(Color.yellow);
#zsma.setlineweight(1);
zsma.hidebubble();


#//plot(br, style=plot.style_histogram, color = pallette)

#plot(BuyAverage, "Buyer Volume", color = volBullColorInput, linewidth=2)
#plot(SellAverage, "Seller Volume", color = volBearColorInput, linewidth=2)

plot zBuyAverage = BuyAverage;
zBuyAverage.SetDefaultColor(GlobalColor("bull"));
zBuyAverage.setlineweight(2);
zBuyAverage.hidebubble();

plot zSellAverage = SellAverage;
zSellAverage.SetDefaultColor(GlobalColor("bear"));
zsellAverage.setlineweight(2);
zsellAverage.hidebubble();
 
Last edited by a moderator:
netarchitech said:
@MP432 : Just a quick FYI...

should be:
def chartagg = if Usechartagg == 1 then MTFagg else getaggregationperiod();
Click to expand...
Seems to be working fine for me.
You want "Usechartagg" to be negated (=0) for MTFagg to utilized,
else getaggregationperiod() returns you to the current Chart agg.
 
MP432 said:
Seems to be working fine for me.
You want "Usechartagg" to be negated (=0) for MTFagg to utilized,
else getaggregationperiod() returns you to the current Chart agg.
Click to expand...
That makes sense, but, for some strange reason, I only get MTFagg when UseChartAgg == 1...Looks like I'll have to dig a little deeper and see if I'm missing something...Thanks again for the contribution and the clarification...
 
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