Creating a custom lower chart with combined/overlapping RSI, Williams%, and OBV

L

lmk99

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Hello all,

This is my first post here, just started lurking last week and decided that I would love to try out an indicator that HuffMac90 recommended in an old thread, but I'm stuck on how to add this into a TOS lower chart:

Basis is utilizing a RSI (8, 70, 30 (green zone)) with a 20 & 80 (yellow zone) and 10 & 90 (red zone), then a Williams%r set to (8, -20,-70), and an On Balance Volume (OBV).
In his example, he showed this lower chart:



I just started using Thinkscript a few weeks ago for very basic customization of columns in my scanners, modifying scanners, etc. but have not been able to figure out how to write code for a custom lower chart in TOS that would replicate the above. Can someone help with figuring out how to create an equivalent to this chart in the above screenshot?
 
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BenTen

BenTen

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Looks like a bunch of lower studies being stacked together into one section. This would create scaling issues. I don't recommend it.
 
L

lmk99

Member
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Looks like a bunch of lower studies being stacked together into one section. This would create scaling issues. I don't recommend it.
Thanks for your reply. I also had read that it would be necessary, when combining lower studies into one section, to find one zoom level or scale that seems to work reliably and then not change that, because of the scaling problem.

I read that using relative threshold triggers (like if the values' relationships to each other from the different studies are within a certain percentage, give different weighted scores that can add up to a total of 1 to confirm a crossover) could be a solution, but I'm not looking to do something that complicated. I was intending to combine this with other indicators because I understand using it by itself would give unreliable results.
 
L

lmk99

Member
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PS: I found a YouTube video that answered my question about how to combine the indicators into one section:
 

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