Fresh Support and Resistance Levels for ThinkorSwim

[BenTen]

Here is another support and resistance indicator for ThinkorSwim to add on top of our big collection of S/R scripts here.

This indicator displays the high and low of the past 5 trading days. Hence, the term "fresh."

You can also use this indicator to identify the short-term trend of a stock. For example, if price is currently above most of the past 5 trading days' high levels, we can assume that it is in an uptrend.

# Fresh Supply & Demand Levels
# Assembled by BenTen at UseThinkScript.com

input aggregationPeriod = AggregationPeriod.DAY;
def high = high(period = aggregationPeriod);
def low = low(period = aggregationPeriod);

plot h1 = high[1];
plot l1 = low[1];
plot h2 = high[2];
plot l2 = low[2];
plot h3 = high[3];
plot l3 = low[3];
plot h4 = high[4];
plot l4 = low[4];
plot h5 = high[5];
plot l5 = low[5];

h1.AssignValueColor(color.red);
h2.AssignValueColor(color.red);
h3.AssignValueColor(color.red);
h4.AssignValueColor(color.red);
h5.AssignValueColor(color.red);
l1.AssignValueColor(color.green);
l2.AssignValueColor(color.green);
l3.AssignValueColor(color.green);
l4.AssignValueColor(color.green);
l5.AssignValueColor(color.green);

 

[vsr138173]

Hi Ben,

I'm looking for last 2 days highs on a 5DAY 1MIN chart. I want to show the horizontal lines only for today's chart(Similar to Dynamic Daily Pivots). Can you please help?

plot R1 = HIGH(period = "day" )[1];
r1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
R1.SetDefaultColor(Color.RED);
R1.SetLineWeight(2);

plot R2 = HIGH(period = "day" )[2];
r2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
R2.SetDefaultColor(Color.RED);
R2.SetLineWeight(2);

Thanks

 

[XeoNoX]

@sreenivasaraovaka Here you go, remember to hit the like button if you found this post useful

def aggregationPeriod = AggregationPeriod.day;
def displace = -1;
def showOnlyLastPeriod = Yes;
plot PrevDayClose;
if showOnlyLastPeriod and !IsNaN(high(period = aggregationPeriod)[-1]) {
    PrevDayClose = Double.NaN;
} else {
    PrevDayClose = Highest(high(period = aggregationPeriod)[-displace], 1);
}
PrevDayClose.SetDefaultColor(GetColor(9));
PrevDayClose.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);


def length2 = 1;
def displace2 = -2;
plot Prev2DayClose;
if showOnlyLastPeriod and !IsNaN(high(period = aggregationPeriod)[-1]) {
    Prev2DayClose = Double.NaN;
} else {
    Prev2DayClose = Highest(high(period = aggregationPeriod)[-displace2], length2);
}
Prev2DayClose.SetDefaultColor(GetColor(9));
Prev2DayClose.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

 

[vsr138173]

Is it possible to remove the lines for all prior days and show the lines only for current day?

 

[BenTen]

@sreenivasaraovaka Look at what @XeoNoX posted in comment #3. It has exactly what you asked for in your previous request.

 

[vsr138173]

@sreenivasaraovaka Look at what @XeoNoX posted in comment #3. It has exactly what you asked for in your previous request.

I am looking for the HIGH's and LOW's like this on a chart

 

[XeoNoX]

@sreenivasaraovaka Refer to post #3... i just tried it with this ticker SE on 1 Minute and it works fine and plots the highs on current day only as you requested.

Make sure you can see 2 days ago on your chart, if you cant see 2 days ago and you have it set to 1minute TODAY then the study will not work as it cant see the previous 2 days because your chart cant see it. It will only plot what the chart can see.

 

[Bung Bang]

Hi! Can someone helps me to find out why this HiLo_last10days study suddenly only shows the last 3 days of Highs and Lows - it was showing 10 days before. How to fix the codes ? Thanks in advance.

#Declare Hide_on_daily;
plot Data = close;#High and Lows per day for last 10 days on chart
    #   Put together by Horserider
input painthigh = 4;#Hint painthigh: 1=dots,2=dashes,3=squares,4=horizontal
def paintingStrategyhigh = if painthigh == 1 then PaintingStrategy.POINTS else if painthigh == 4 then PaintingStrategy.Horizontal else if painthigh == 3 then PaintingStrategy.SQUARES else PaintingStrategy.DASHES;

input paintlow = 4; #Hint paintlow: 1=dots,2=dashes,3=squares,4=horizontal
def paintingStrategylow = if paintlow == 1 then PaintingStrategy.POINTS else if paintlow == 2 then PaintingStrategy.DASHES else if paintlow == 3 then PaintingStrategy.SQUARES else PaintingStrategy.HORIZONTAL;


DefineGlobalColor("Global1", CreateColor(0, 0, 255));
#
input colorhigh = 7;#Hint colorhigh: 0=magenta,1=cyan,2=light-red,3=light_green,4=yellow,5=red,6=green,7=light_gray,8=gold,9=white
input colorlow = 7;#Hint colorlow: 0=magenta,1=cyan,2=light-red,3=light_green,4=yellow,5=red,6=green,7=light_gray,8=gold,9=white
input AggPeriod = AggregationPeriod.DAY;
rec high1 = if GetDay() == GetLastDay() then high(period = AggregationPeriod.DAY) else high1[1];
#rec high3 = if GetDay() == GetLastDay() then high(period = AggPeriod)[-3], 1) else high3[1];
plot h1 = high1;
h1.SetPaintingStrategy(paintingStrategyhigh);
h1.SetDefaultColor(GetColor(colorhigh));
rec high2 = if GetDay() == GetLastDay() - 1 then high(period = AggregationPeriod.DAY) else high2[1];
plot h2 = high2;
h2.SetPaintingStrategy(paintingStrategyhigh);
h2.SetDefaultColor(GetColor(colorhigh));
rec high3 = if GetDay() == GetLastDay() - 2 then high(period = AggregationPeriod.DAY) else high3[1];
plot h3 = high3;
h3.SetPaintingStrategy(paintingStrategyhigh);
h3.SetDefaultColor(GetColor(colorhigh));
rec high4 = if GetDay() == GetLastDay() - 3 then high(period = AggregationPeriod.DAY) else high4[1];
plot h4 = high4;
h4.SetPaintingStrategy(paintingStrategyhigh);
h4.SetDefaultColor(GetColor(colorhigh));
rec high5 = if GetDay() == GetLastDay() - 4 then high(period = AggregationPeriod.DAY) else high5[1];
plot h5 = high5;
h5.SetPaintingStrategy(paintingStrategyhigh);
h5.SetDefaultColor(GetColor(colorhigh));
rec high6 = if GetDay() == GetLastDay() - 5 then high(period = AggregationPeriod.DAY) else high6[1];
plot h6 = high6;
h6.SetPaintingStrategy(paintingStrategyhigh);
h6.SetDefaultColor(GetColor(colorhigh));
rec high7 = if GetDay() == GetLastDay() - 6 then high(period = AggregationPeriod.DAY) else high7[1];
plot h7 = high7;
h7.SetPaintingStrategy(paintingStrategyhigh);
h7.SetDefaultColor(GetColor(colorhigh));
rec high8 = if GetDay() == GetLastDay() - 7 then high(period = AggregationPeriod.DAY) else high8[1];
plot h8 = high8;
h8.SetPaintingStrategy(paintingStrategyhigh);
h8.SetDefaultColor(GetColor(colorhigh));
rec high9 = if GetDay() == GetLastDay() - 8 then high(period = AggregationPeriod.DAY) else high9[1];
plot h9 = high9;
h9.SetPaintingStrategy(paintingStrategyhigh);
h9.SetDefaultColor(GetColor(colorhigh));
rec high10 = if GetDay() == GetLastDay() - 9 then high(period = AggregationPeriod.DAY) else high10[1];
plot h10 = high10;
h10.SetPaintingStrategy(paintingStrategyhigh);
h10.SetDefaultColor(GetColor(colorhigh));
rec high11 = if GetDay() == GetLastDay() - 10 then high(period = AggregationPeriod.DAY) else high11[1];
plot h11 = high11;
h11.SetPaintingStrategy(paintingStrategyhigh);
h11.SetDefaultColor(GetColor(colorhigh));
rec high12 = if GetDay() == GetLastDay() - 11 then high(period = AggregationPeriod.DAY) else high12[1];
plot h12 = high12;
h12.SetPaintingStrategy(paintingStrategyhigh);
h12.SetDefaultColor(GetColor(colorhigh));
rec high13 = if GetDay() == GetLastDay() - 12 then high(period = AggregationPeriod.DAY) else high13[1];
plot h13 = high13;
h13.SetPaintingStrategy(paintingStrategyhigh);
h13.SetDefaultColor(GetColor(colorhigh));
rec high14 = if GetDay() == GetLastDay() - 13 then high(period = AggregationPeriod.DAY) else high14[1];
plot h14 = high14;
h14.SetPaintingStrategy(paintingStrategyhigh);
h14.SetDefaultColor(GetColor(colorhigh));
rec high15 = if GetDay() == GetLastDay() - 14 then high(period = AggregationPeriod.DAY) else high15[1];
plot h15 = high15;
h15.SetPaintingStrategy(paintingStrategyhigh);
h15.SetDefaultColor(GetColor(colorhigh));


rec low1 = if GetDay() == GetLastDay() then low(period = AggregationPeriod.DAY) else low1[1];
plot l1 = low1;
l1.SetPaintingStrategy(paintingStrategylow);
l1.SetDefaultColor(GetColor(colorlow));
rec low2 = if GetDay() == GetLastDay() - 1 then low(period = AggregationPeriod.DAY) else low2[1];
plot l2 = low2;
l2.SetPaintingStrategy(paintingStrategylow);
l2.SetDefaultColor(GetColor(colorlow));
rec low3 = if GetDay() == GetLastDay() - 2 then low(period = AggregationPeriod.DAY) else low3[1];
plot l3 = low3;
l3.SetPaintingStrategy(paintingStrategylow);
l3.SetDefaultColor(GetColor(colorlow));
rec low4 = if GetDay() == GetLastDay() - 3 then low(period = AggregationPeriod.DAY) else low4[1];
plot l4 = low4;
l4.SetPaintingStrategy(paintingStrategylow);
l4.SetDefaultColor(GetColor(colorlow));
rec low5 = if GetDay() == GetLastDay() - 4 then low(period = AggregationPeriod.DAY) else low5[1];
plot l5 = low5;
l5.SetPaintingStrategy(paintingStrategylow);
l5.SetDefaultColor(GetColor(colorlow));
rec low6 = if GetDay() == GetLastDay() - 5 then low(period = AggregationPeriod.DAY) else low5[1];
plot l6 = low6;
l6.SetPaintingStrategy(paintingStrategylow);
l6.SetDefaultColor(GetColor(colorlow));
rec low7 = if GetDay() == GetLastDay() - 6 then low(period = AggregationPeriod.DAY) else low7[1];
plot l7 = low7;
l7.SetPaintingStrategy(paintingStrategylow);
l7.SetDefaultColor(GetColor(colorlow));
rec low8 = if GetDay() == GetLastDay() - 7 then low(period = AggregationPeriod.DAY) else low8[1];
plot l8 = low8;
l8.SetPaintingStrategy(paintingStrategylow);
l8.SetDefaultColor(GetColor(colorlow));
rec low9 = if GetDay() == GetLastDay() - 8 then low(period = AggregationPeriod.DAY) else low9[1];
plot l9 = low9;
l9.SetPaintingStrategy(paintingStrategylow);
l9.SetDefaultColor(GetColor(colorlow));
rec low10 = if GetDay() == GetLastDay() - 9 then low(period = AggregationPeriod.DAY) else low10[1];
plot l10 = low10;
l10.SetPaintingStrategy(paintingStrategylow);
l10.SetDefaultColor(GetColor(colorlow));
rec low11 = if GetDay() == GetLastDay() - 10 then low(period = AggregationPeriod.DAY) else low11[1];
plot l11 = low11;
l11.SetPaintingStrategy(paintingStrategylow);
l11.SetDefaultColor(GetColor(colorlow));
rec low12 = if GetDay() == GetLastDay() - 11 then low(period = AggregationPeriod.DAY) else low12[1];
plot l12 = low12;
l12.SetPaintingStrategy(paintingStrategylow);
l12.SetDefaultColor(GetColor(colorlow));
rec low13 = if GetDay() == GetLastDay() - 12 then low(period = AggregationPeriod.DAY) else low13[1];
plot l13 = low13;
l13.SetPaintingStrategy(paintingStrategylow);
l13.SetDefaultColor(GetColor(colorlow));
rec low14 = if GetDay() == GetLastDay() - 13 then low(period = AggregationPeriod.DAY) else low14[1];
plot l14 = low14;
l14.SetPaintingStrategy(paintingStrategylow);
l14.SetDefaultColor(GetColor(colorlow));
rec low15 = if GetDay() == GetLastDay() - 14 then low(period = AggregationPeriod.DAY) else low15[1];
plot l15 = low15;
l15.SetPaintingStrategy(paintingStrategylow);
l15.SetDefaultColor(GetColor(colorlow));

 

[Mac Trader]

Here is another support and resistance indicator for ThinkorSwim to add on top of our big collection of S/R scripts here.

This indicator displays the high and low of the past 5 trading days. Hence, the term "fresh."

You can also use this indicator to identify the short-term trend of a stock. For example, if price is currently above most of the past 5 trading days' high levels, we can assume that it is in an uptrend.

# Fresh Supply & Demand Levels
# Assembled by BenTen at UseThinkScript.com

input aggregationPeriod = AggregationPeriod.DAY;
def high = high(period = aggregationPeriod);
def low = low(period = aggregationPeriod);

plot h1 = high[1];
plot l1 = low[1];
plot h2 = high[2];
plot l2 = low[2];
plot h3 = high[3];
plot l3 = low[3];
plot h4 = high[4];
plot l4 = low[4];
plot h5 = high[5];
plot l5 = low[5];

h1.AssignValueColor(color.red);
h2.AssignValueColor(color.red);
h3.AssignValueColor(color.red);
h4.AssignValueColor(color.red);
h5.AssignValueColor(color.red);
l1.AssignValueColor(color.green);
l2.AssignValueColor(color.green);
l3.AssignValueColor(color.green);
l4.AssignValueColor(color.green);
l5.AssignValueColor(color.green);

Is it possible to use this on larger time frames for swing trading?

 

[andro4]

Hi, I want to find or create a study to draw High (HOD) and Low (LOD) for all days (Daily timeframe) and plot them where i add the study (Daily, 1min, 5min.. )
- ideally the line starts from that Daily candle or it can be full width of screen

Can you point me in the right direction?

 

[Thinker20]

Good evening; hope you are doing great, I have problems coding this and perhaps you may help me.
I want to look for the highest high and lowest low of the past 10 days for example, but in an intraday chart; I haven't been able to do it since going back like this "[]" means bars and when I try to subtract the number of days from a date it gives me an error since it doesn't plot anything in the chart, is there a way to do this?
Thank you in advance.

 

[FutureStudent]

I'm trying to figure out what type of indicator this is based off on but I can't seem to figure it out. I already checked out support and resistance zone indicators but nothing close comes up. Has anyone seen this before somewhere? Thank you for your time

 

[jb01]

Yes its based off highs and lows of the previous 2 days. I have it

 

[FutureStudent]

Yes its based off highs and lows of the previous 2 days. I have it

Do you mind sharing?

 

[jb01]

I paid decent money for it along with his discord training group . He has some videos on you tube about it

 

[Jonas99]

I paid decent money for it along with his discord training group . He has some videos on you tube about it

what is called?

 

[jb01]

The zone indicator from stock hunter trading

 

[Cowabunga]

The zone indicator from stock hunter trading

Do you feel like it’s worth the money that you paid for it? Just came across it but unsure if its worth $500.

 

[jb01]

He ran a special for memorial day was 299 . He also says that you get all the future updates and tweaks if he changes anything. . Hard call but it's basically designed to give you better entries and exits