Creating A RSI-Heiken Ashi For ThinkOrSwim

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High_Velocity

High_Velocity

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This Question has been answered the New RSI-Heiken Ashi Indicator can be found: https://usethinkscript.com/threads/rsi-heiken-ashi-for-thinkorswim.7250/ This thread has been locked

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Can somebody help me convert this indicator from Tradingview to Thinkorswim?
I am trying to display RSI Divergence as Heiken-Ashi Bars.....
https://www.tradingview.com/v/4VKd87zy/
https://www.tradingview.com/script/XjMpwsmg-RSI-Divergence-Candles-V0/
Cfe7ZDsh.png



study(title="RSI_Hist")
useHL = input(title='Use high/low series for mapping the wicks?', type=bool, defval=false)
src = input(title='Source Series:', type=source, defval=close)
fast_length = input(title='Fast Length:', type=integer, defval=8)
slow_length = input(title='Slow Length:', type=integer, defval=55)
smooth = input(title='Smooth:', type=integer, defval=10)
overbought = input(title='Overbought Level:', type=float, defval=70)
oversold = input(title='Oversold Level:', type=float, defval=30)

fast_rsi = rsi(src, fast_length)
slow_rsi = rsi(src, slow_length)

smooth_fast_rsi = sma(fast_rsi, smooth)
smooth_slow_rsi = sma(slow_rsi, smooth)

rsi_high = useHL ? max(rsi(high, fast_length), rsi(high, slow_length)) : max(fast_rsi, slow_rsi)
rsi_low = useHL ? min(rsi(low, fast_length), rsi(low, slow_length)) : min(fast_rsi, slow_rsi)
//#ff59a3//#00f6e8
isBull=smooth_fast_rsi>=smooth_slow_rsi
isExp=abs(smooth_fast_rsi-smooth_slow_rsi)>=abs(smooth_fast_rsi[1]-smooth_slow_rsi[1])
plotcandle(smooth_slow_rsi, rsi_high, rsi_low, smooth_fast_rsi, title='rsi bars', color=isBull and isExp?#2aff00:isBull and not isExp?#ff59a3:not isBull and isExp?#ff0000:#00f6e8)
 
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High_Velocity said:
@rad14733


study(title="RSI_Hist")
useHL = input(title='Use high/low series for mapping the wicks?', type=bool, defval=false)
src = input(title='Source Series:', type=source, defval=close)
fast_length = input(title='Fast Length:', type=integer, defval=8)
slow_length = input(title='Slow Length:', type=integer, defval=55)
smooth = input(title='Smooth:', type=integer, defval=10)
overbought = input(title='Overbought Level:', type=float, defval=70)
oversold = input(title='Oversold Level:', type=float, defval=30)

fast_rsi = rsi(src, fast_length)
slow_rsi = rsi(src, slow_length)

smooth_fast_rsi = sma(fast_rsi, smooth)
smooth_slow_rsi = sma(slow_rsi, smooth)

rsi_high = useHL ? max(rsi(high, fast_length), rsi(high, slow_length)) : max(fast_rsi, slow_rsi)
rsi_low = useHL ? min(rsi(low, fast_length), rsi(low, slow_length)) : min(fast_rsi, slow_rsi)
//#ff59a3//#00f6e8
isBull=smooth_fast_rsi>=smooth_slow_rsi
isExp=abs(smooth_fast_rsi-smooth_slow_rsi)>=abs(smooth_fast_rsi[1]-smooth_slow_rsi[1])
plotcandle(smooth_slow_rsi, rsi_high, rsi_low, smooth_fast_rsi, title='rsi bars', color=isBull and isExp?#2aff00:isBull and not isExp?#ff59a3:not isBull and isExp?#ff0000:#00f6e8)
Click to expand...
Code: 
input length = 8;
input length2 = 55;

input over_Bought = 70;
input over_Sold = 30;
input price = close;
input averageType = AverageType.WILDERS;
input showBreakoutSignals = no;

def NetChgAvg = MovingAverage(averageType, price - price[1], length);
def TotChgAvg = MovingAverage(averageType, AbsValue(price - price[1]), length);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI =average( 50 * (ChgRatio + 1),10);
def NetChgAvg2 = MovingAverage(averageType, price - price[1], length2);
def TotChgAvg2 = MovingAverage(averageType, AbsValue(price - price[1]), length2);
def ChgRatio2 = if TotChgAvg2 != 0 then NetChgAvg2 / TotChgAvg2 else 0;

def RSI2 = average(50 * (ChgRatio2 + 1),10);

plot diff= rsi-rsi2;


plot OverSold = over_Sold;
plot OverBought = over_Bought;
plot UpSignal = if RSI crosses above OverSold then OverSold else Double.NaN;
plot DownSignal = if RSI crosses below OverBought then OverBought else Double.NaN;

UpSignal.SetHiding(!showBreakoutSignals);
DownSignal.SetHiding(!showBreakoutSignals);


Diff.SetDefaultColor(GetColor(5));
Diff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Diff.SetLineWeight(3);
Diff.DefineColor("Positive and Up", Color.GREEN);
Diff.DefineColor("Positive and Down", Color.cyan);
Diff.DefineColor("Negative and Down", Color.RED);
Diff.DefineColor("Negative and Up", Color.violet);
Diff.AssignValueColor(if Diff >= 0 then if Diff > Diff[1] then Diff.color("Positive and Up") else Diff.color("Positive and Down") else if Diff < Diff[1] then Diff.color("Negative and Down") else Diff.color("Negative and Up"));



thats not what you want because it doesnt display the wicks but you mightlike it
 
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High_Velocity said:
Anybody willing to help? please.
Click to expand...
I have this started but still needs a lot of work. The wicks need to be fixed and my colors are not matching. Still working on the color change on trend conditions. If I make some decent progress this week I'll post a test version.
 
Last edited:
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cos251 said:
I have this started but still needs a lot of work. The wicks need to be fixed and my colors are not matching. Still working on the color change on trend conditions. If I make some decent progress this week I'll post a test version.

9xCkdGS.jpg
Click to expand...
Changing the color might be tricky on the add chart command. Of you need help with that I might be able to help.
 
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germanburrito said:
Changing the color might be tricky on the add chart command. Of you need help with that I might be able to help.
Click to expand...
You are right. I was using this:

Ruby: 
AddChart(GrowColor = Color.GREEN, FallColor = Color.RED, NeutralColor = Color.CURRENT, high=rsiHigh, low=rsiLow, open=smoothSlowRSI, close=smoothFastRSI, Type = ChartType.CANDLE_TREND);

System didn't allow me to use if statements for the color, but also the RED is not applying for the FallColor. Any tips or suggestions would definitely be appreciated sir. Thx
 
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cos251 said:
You are right. I was using this:

Ruby: 
AddChart(GrowColor = Color.GREEN, FallColor = Color.RED, NeutralColor = Color.CURRENT, high=rsiHigh, low=rsiLow, open=smoothSlowRSI, close=smoothFastRSI, Type = ChartType.CANDLE_TREND);

System didn't allow me to use if statements for the color, but also the RED is not applying for the FallColor. Any tips or suggestions would definitely be appreciated sir. Thx
Click to expand...
i had the same problem look at how this code was able to paint different colors on the add chart command.
Code: 
declare lower;
# hide the default candles
#HidePricePlot();


input length = 21;

input price = close;
input averageType = AverageType.WILDERS;
input showBreakoutSignals = no;

def NetChgAvg = MovingAverage(averageType, price - price[1], length);
def TotChgAvg = MovingAverage(averageType, AbsValue(price - price[1]), length);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1);


input BarsBetween = 0;

# calculate the offset
def lastBar = HighestAll(if !IsNaN(close) then BarNumber() else 0);
def offset = BarsBetween * ((lastBar - BarNumber()) / (BarsBetween + 1));

# build the candle
def o;
def h;
def l;
def c;

def R = RSI();


if offset % 1 == 0
then {

    o = (R + R[1]) / 2;

    h = Max(R, R[1]);

    l = Min(R, R[1]);

    c = R;

} else {
    o = Double.NaN;
    h = Double.NaN;
    l = Double.NaN;
    c = Double.NaN;
}

# just the UP candles
def UpO;
def UpH;
def UpL;
def UpC;
if o <= c
then {
    UpO = o;
    UpH = h;
    UpL = l;
    UpC = c;
} else {
    UpO = Double.NaN;
    UpH = Double.NaN;
    UpL = Double.NaN;
    UpC = Double.NaN;
}

# just the DOWN candles
def DnO;
def DnH;
def DnL;
def DnC;
if o > c
then {
    DnO = o;
    DnH = h;
    DnL = l;
    DnC = c;
} else {
    DnO = Double.NaN;
    DnH = Double.NaN;
    DnL = Double.NaN;
    DnC = Double.NaN;
}

# Plot the new Chart
AddChart(high = UpH, low = UpL, open = UpO, close = UpC, type = ChartType.CANDLE, growcolor = Color.GREEN);
AddChart(high = DnH, low = DnL, open = DnO, close = DnC, type = ChartType.CANDLE, growcolor = Color.RED);
 
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germanburrito said:
i had the same problem look at how this code was able to paint different colors on the add chart command.
Code: 
declare lower;
# hide the default candles
#HidePricePlot();


input length = 21;

input price = close;
input averageType = AverageType.WILDERS;
input showBreakoutSignals = no;

def NetChgAvg = MovingAverage(averageType, price - price[1], length);
def TotChgAvg = MovingAverage(averageType, AbsValue(price - price[1]), length);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;

def RSI = 50 * (ChgRatio + 1);


input BarsBetween = 0;

# calculate the offset
def lastBar = HighestAll(if !IsNaN(close) then BarNumber() else 0);
def offset = BarsBetween * ((lastBar - BarNumber()) / (BarsBetween + 1));

# build the candle
def o;
def h;
def l;
def c;

def R = RSI();


if offset % 1 == 0
then {

    o = (R + R[1]) / 2;

    h = Max(R, R[1]);

    l = Min(R, R[1]);

    c = R;

} else {
    o = Double.NaN;
    h = Double.NaN;
    l = Double.NaN;
    c = Double.NaN;
}

# just the UP candles
def UpO;
def UpH;
def UpL;
def UpC;
if o <= c
then {
    UpO = o;
    UpH = h;
    UpL = l;
    UpC = c;
} else {
    UpO = Double.NaN;
    UpH = Double.NaN;
    UpL = Double.NaN;
    UpC = Double.NaN;
}

# just the DOWN candles
def DnO;
def DnH;
def DnL;
def DnC;
if o > c
then {
    DnO = o;
    DnH = h;
    DnL = l;
    DnC = c;
} else {
    DnO = Double.NaN;
    DnH = Double.NaN;
    DnL = Double.NaN;
    DnC = Double.NaN;
}

# Plot the new Chart
AddChart(high = UpH, low = UpL, open = UpO, close = UpC, type = ChartType.CANDLE, growcolor = Color.GREEN);
AddChart(high = DnH, low = DnL, open = DnO, close = DnC, type = ChartType.CANDLE, growcolor = Color.RED);
Click to expand...
so I guess what it did was divide the chart and add two add charts.
 
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cos251 said:
You are right. I was using this:

Ruby: 
AddChart(GrowColor = Color.GREEN, FallColor = Color.RED, NeutralColor = Color.CURRENT, high=rsiHigh, low=rsiLow, open=smoothSlowRSI, close=smoothFastRSI, Type = ChartType.CANDLE_TREND);

System didn't allow me to use if statements for the color, but also the RED is not applying for the FallColor. Any tips or suggestions would definitely be appreciated sir.
Click to expand...
how is it going. message me. add me on tweeter @GermanBrito17
 
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High_Velocity said:
Did you have a chance to compare it to same chart on Tradingview?
Click to expand...
Quick stare and compare looks very close. The wicks on the UP candles may still needs some work.
I've posted what I have so far. Big thanks to @germanburrito for the help on AddChart Logic.

Please take a look, happy to take more input and assistance in correcting any errors and improving it. Very nice indicator.

See Fresh Code in post #20
https://usethinkscript.com/threads/rsi-histogram.7250/post-70605

Cheers!
 
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SleepyZ said:
This should help fix the hollow candles. To do that you reverse the open and close for those hollow candles.

Ruby: 
AddChart(high = UpH1, low = UpL1, open = Upc1, close = Upo1, type = ChartType.CANDLE, growcolor = Color.PINK);
AddChart(high = UpH, low = UpL, open = Upc, close = Upo, type = ChartType.CANDLE, growcolor = Color.GREEN);
Click to expand...
FANTASTIC @SleepyZ. You come through again. Nice fix!

I've updated post #20 with the changes. Added the hollow candle fix, on/off for OB/OS and added Divergence line (thx @SuryaKiranC ). Take a peek and let me know what other changes we can add.

https://usethinkscript.com/threads/rsi-histogram.7250/post-70605
 
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