Entry, Target, Profit Loss (PnL) Watchlists, Labels of Owned Equities In ThinkOrSwim

[Jony Giant]

@Jony Giant If you want to show the adds/profit-takings to your position (for long positions only) add this to the code -

plot add = x > 0 and x > x[1];
     add.setpaintingstrategy(paintingstrategy.boolean_arrow_up);
     add.setdefaultcolor(color.white);

plot subtract = x > 0 and x < x[1];
     subtract.setpaintingstrategy(paintingstrategy.boolean_arrow_down);
     subtract.setdefaultcolor(color.gray);

THANK YOU! You are a LEGEND! exactly what I was looking for.

 

[Getyourbone]

Maybe I’m clueless but I have pasted numerous posts of the ”average actual entery” in this thread and still can’t get my trade price to display...I just seem to get a blue line that follows the trading price of the the particular ticker...I have bought and sold each time to make sure it had a fresh trade to apply it to. Do I need to do more than simply create a new study and paste the script in and the use it...?

 

[Pensar]

@Getyourbone Try copy and pasting this code into a new study - https://usethinkscript.com/threads/show-trades-on-thinkorswim-chart-screen.1857/post-31549
If you still cannot get the study and label to plot when in a trade, contact TOS Support through the Support tab in the upper right corner of your platform and make sure you have "Advanced Features" enabled on your account.
If you still have problems, post a screenshot of what is happening. A picture is worth a thousand words.

 

[Pensar]

@Getyourbone I forgot to mention - the blue line you see that is following the price - it comes from the default plot Data = close; segment of code in each new study that is created. Just delete that line of code before pasting in the code you actually want.

 

[agatto2]

@Kylep19 - The lines will only show on the chart when you enter a trade, but there should be a cyan colored label showing in the upper left corner of your chart.

Same problem... cyan box shows with "Entry:0" in it ...i have a trade.on ... nothing else shows

 

[BlueSky]

I tend to do single trades with 100% of my account funds. ToS knows how much money is in my account at any time. I'd like to focus on the price of the equity I'm buying and let the system calculate how many shares I can buy with the money in my account. But I've never heard of a broker doing that for a client. Is it possible somehow? I waste a lot of time pecking at my calculator program to figure out how many shares I can buy as the price is flying around. I'm buying volatile equities where the price ramps up and down a lot.

 

[Pensar]

@agatto2 have you enabled "Advanced Features" for your account? Also, if you are trading options, the chart needs to be that of the option ticker and not that of the underlying.

 

[MerryDay]

I tend to do single trades with 100% of my account funds. ToS knows how much money is in my account at any time. I'd like to focus on the price of the equity I'm buying and let the system calculate how many shares I can buy with the money in my account. But I've never heard of a broker doing that for a client. Is it possible somehow? I waste a lot of time pecking at my calculator program to figure out how many shares I can buy as the price is flying around. I'm buying volatile equities where the price ramps up and down a lot.

Here ya go:

def SBP = GetTotalCash () ;
AddLabel(yes,
" Total Cash = " + SBP +
"   You can buy:  " + roundDown(SBP/close,0) +" shares", Color.blue);

Note: must be run on a Daily Chart!

 

[sghk]

@Jony Giant If you want to show the adds/profit-takings to your position (for long positions only) add this to the code -

plot add = x > 0 and x > x[1];
     add.setpaintingstrategy(paintingstrategy.boolean_arrow_up);
     add.setdefaultcolor(color.white);

plot subtract = x > 0 and x < x[1];
     subtract.setpaintingstrategy(paintingstrategy.boolean_arrow_down);
     subtract.setdefaultcolor(color.gray);

Thanks for your code, it helps a lot! Also I'm wondering if there is a way to make the arrow placed right at the price level we traded in and out? Right now they are placed either on the top of the candle or below, hard to tell the accurate price especially on a long candle.

 

[MerryDay]

Thanks for your code, it helps a lot! Also I'm wondering if there is a way to make the arrow placed right at the price level we traded in and out? Right now they are placed either on the top of the candle or below, hard to tell the accurate price especially on a long candle.

That is not possible. ToS doesn't provide us any portfolio information other than a P/L YTD.

@Pensar came up with this brilliant yet so simple concept. That we can use the fact that ToS does not keep any portfolio information to our favor.

What this script does, it is looks for when you were in a trade and the moment that ToS drops all that information. This script defines the "state" of your trade. In or Out. This is so cool!

 

[ivctrader]

Just wanting to share #TodayTrades watchlist/chart label. This is number of trades, can be used as liquidity indicator together with volume.
Have to check the box "including extended trading hours" in script editor.

def Trades = Fundamental(FundamentalType.TICK_COUNT);
def newDay1 = GetDay() <> GetDay()[1];
rec todaystrades = if newDay1 then trades else todaystrades[1] + trades;
AddLabel(yes,(todaystrades), (if todaystrades > 100 then Color.whITE else Color.BLACK));
plot data=todaystrades;

If someone find some mistakes please let it know.

 

[Docbrown83]

This is probably a very simple feat, but I'm trying to set a reminder to myself to sell a % (roughly 25-33%) of my position after 3-5 days of purchasing it. I want to automate my strategy in the sense that having something on the screen that says "Sell" will hopefully keep my emotion out of it.

Can anyone make a label that says "Sell" after three days of making a position in an equity, and maybe having the option of changing from three days to even five days?

Thank you.

 

[MerryDay]

This is probably a very simple feat, but I'm trying to set a reminder to myself to sell a % (roughly 25-33%) of my position after 3-5 days of purchasing it. I want to automate my strategy in the sense that having something on the screen that says "Sell" will hopefully keep my emotion out of it.

Can anyone make a label that says "Sell" after three days of making a position in an equity, and maybe having the option of changing from three days to even five days?

Thank you.

This should do it:

# Crude Buy Sell Zone indicator by ANTHDKN 06.04.2021
# Free to use to all
# First posted on usethinkscript.com
# Auto entries from positions
input days = 3 ;
def avg = getaveragePrice();
def AreYouIn = if getquantity() != 0 then yes else no;

def Entry = if isNaN(avg) then Entry[1] else avg;
def LastEntryBar = if Entry != Entry[1] then barNumber() else LastEntryBar[1];
def BuyBarsAgo = if barNumber() != LastEntryBar
                 then barNumber() - LastEntryBar
                 else if barNumber() == LastEntryBar
                      then Double.NaN
                 else BuyBarsAgo[1];


AddLabel(AreYouIn,
         "Cost: " +round(avg,2) +
         (if GetOpenPL() > 0
         then " | "+ "P/L: $" + GetOpenPL() +
              " | "+ aspercent(getopenPL() / (avg *  getquantity()))
         else " | "+ "P/L: -$" + GetOpenPL() +
              " | "+ aspercent(getopenPL() / (avg *  getquantity())))
         +    " | "+ " Bought: " +BuyBarsAgo +" days ago"
         +(if BuyBarsAgo >= days then "  SELL" else " "),                
                 if GetOpenPL() > 500
         then Color.cyan
         else    if GetOpenPL() > 0
         then Color.DARK_GREEN
         else Color.DARK_RED);

plot avgprice = if avg != 0  then avg else double.nan;
avgprice.setstyle(curve.SHORT_DASH);
avgprice.setdefaultColor(color.Yellow);

 

[huab]

What is the script should I type to exclude the stocks that was in my positions (either I sold them or still in my positions) in the last three months (90 days), from the scanner results?

can I use GetQuantity(), for example only show results if the sum of GetQuantity(),GetQuantity([1]),GetQuantity([2])....GetQuantity([30]) is zero

 

[MerryDay]

What is the script should I type to exclude the stocks that was in my positions (either I sold them or still in my positions) in the last three months (90 days), from the scanner results?

can I use GetQuantity(), for example only show results if the sum of GetQuantity(),GetQuantity([1]),GetQuantity([2])....GetQuantity([30]) is zero

With enough scripting knowledge you 'might' be able to write a complex script.

You are facing several uphill issues:

• There would be many steps involved. GetQuantity only identifies current positions you hold.
• For closed trades, you can scan for null states using this: https://usethinkscript.com/threads/show-trades-on-thinkorswim-chart-screen.1857/page-4#post-81079
• with the addition of a sum statement for the last 30 days
• output the scan to a watchlist and then use the exclude filter on all your future scans.

Many members track their trades in spreadsheets. Making it an easy task to import the symbols to include / exclude from their scans.

 

[huab]

With enough scripting knowledge you 'might' be able to write a complex script.

You are facing several uphill issues:

• There would be many steps involved. GetQuantity only identifies current positions you hold.
• For closed trades, you can scan for null states using this: https://usethinkscript.com/threads/show-trades-on-thinkorswim-chart-screen.1857/page-4#post-81079
• with the addition of a sum statement for the last 30 days
• output the scan to a watchlist and then use the exclude filter on all your future scans.

Many members track their trades in spreadsheets. Making it an easy task to import the symbols to include / exclude from their scans.

in spreadsheets (it is my first time to try it), will the symbols I add in excel be automatically synced with tos, or I should import/export the file manualy everyday? and should both tos and excel file be opened at the same time?

 

[MerryDay]

in spreadsheets (it is my first time to try it), will the symbols I add in excel be automatically synced with tos, or I should import/export the file manualy everyday? and should both tos and excel file be opened at the same time?

I am not making hundreds of trades a day, so I create my spreadsheet entries manually.

 

[PlusEVTrades]

@Jony Giant If you want to show the adds/profit-takings to your position (for long positions only) add this to the code -

plot add = x > 0 and x > x[1];
     add.setpaintingstrategy(paintingstrategy.boolean_arrow_up);
     add.setdefaultcolor(color.white);

plot subtract = x > 0 and x < x[1];
     subtract.setpaintingstrategy(paintingstrategy.boolean_arrow_down);
     subtract.setdefaultcolor(color.gray);

This is incredible. Works perfect for me on longs. Is there a way we can make a duplicate study to show shorts? I tried swapping the adds/subtractions as negatives because I assumed a short has a negative count, but that doesn't seem to work. Any insights?

EDIT: okay seems it does actually work. Not sure why it didn't at first.

def x = GetQuantity();


plot start = x[1] == 0 and x <> 0;
     start.setpaintingstrategy(paintingstrategy.boolean_arrow_up);
     start.setdefaultcolor(color.red);
    

plot add = x < 0 and x < x[1];
     add.setpaintingstrategy(paintingstrategy.boolean_arrow_up);
     add.setdefaultcolor(color.red);

plot subtract = x < 0 and x > x[1];
     subtract.setpaintingstrategy(paintingstrategy.boolean_arrow_down);
     subtract.setdefaultcolor(color.green);

plot end = x[1] <> 0 and x == 0;
     end.setpaintingstrategy(paintingstrategy.boolean_arrow_down);
     end.setdefaultcolor(color.green);

 

[epete]

Any way to get P/L on a range chart (i.e., a Renko Chart)? I know that portfolio fuctions such as GetQuantity() don't work on range charts.

 

[MerryDay]

Any way to get P/L on a range chart (i.e., a Renko Chart)? I know that portfolio fuctions such as GetQuantity() don't work on range charts.

Portfolio functions work on:
1min, 2min, 3min, 4min, 5min, 10min, 15min, 20min, 30min, 1hr, and daily charts only.