Godmode 4.0.2 [Supply/Demand] For ThinkOrSwim

jagat

New member
The "Godmode Indicator" is a tool designed initially to provide Bitcoin ($BTC) support & resistance to cryptocurrency.
In this thinkscript adaptation, it plots S&P 500 ($SPY) support & resistance levels onto your instrument's chart.

How It Works:​

  1. Reversion Traders' Perspective: When highly liquid ETFs or market maker stocks are below $SPY support, it could signal a reversal opportunity. Just keep in mind that it may also hint at a market correction or an asset diverging from $SPY due to other influences (think oil or other uncorrelated sectors).
  2. Trend/Momentum Traders' Perspective: For trend followers, this indicator emphasizes trading when your instrument is above the $SPY support levels and not at resistance levels. —because, as the saying goes, “The trend is your friend.”
In essence, the Godmode Indicator can serve as a quick check to gauge where an asset aligns with broader market and/or is an intriguing deviation for potential reversion plays.
Perfect for traders who thrive on spotting opportunities in trend alignment or divergences, and provides a friendly reminder: always stay alert for the broader market context.
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The original Tradingview script can be found:
https://www.tradingview.com/script/xP4FsDqA-Godmode-4-0-2-Supply-Demand/

The new ThinkOrSwim code can be found below.
 
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check below:

CSS:
# Indicator for TOS
#//Massive thank you to LEGION, LazyBear, xSilas, Ni6HTH4wK, sco77m4r7and, SNOW_CITY, oh92,
#//... alexgrover, cI8DH, DonovanWall and shtcoinr for doing the initial builds, building
#//... indicators that I incorporated into this script or just generally giving me a hand
#//... when needed.
#tag0 = "Godmode"
#study(tag0 + " 4.0.2", tag0 + " Supply/Demand", true)
# Converted by Sam4Cok@Samer800    - 10/2024

input Benchmark = "SPY"; #("CRYPTOCAP:BTC", "Benchmark", string)
input Source = FundamentalType.HLC3; #, "Source")
input ChannelLength = 9; #, "Channel Length")
input AverageLength = 26; #, "Average Length")
input ShortLength = 13; #, "Short length")
input Count = 5; #, "Count")
input Smoothing = no; #(false, "Smoothing")

def na = Double.NaN;
def last = IsNaN(close);
def cond = Benchmark == GetSymbol();
def len0 = ChannelLength;
def len1 = AverageLength;
def len2 = ShortLength;
#//Engine
def src1 = Fundamental(FundamentalType = Source, Symbol = Benchmark);

script csi {
    input _src = hlc3;
    input len0 = 9;
    input len1 = 26;
    input len2 = 13;
    def nRSI = RSI(Price = _src, Length = len2);
    def avg = (_src + _src[1]) / 2;
    def change = _src - _src[1];
    def pc = change / avg;
    def ma0 = ExpAverage(pc, len0);
    def ma1 = ExpAverage(ma0, len1);
    def apc = AbsValue(_src - _src[1]);
    def ma2 = ExpAverage(apc, len0);
    def ma3 = ExpAverage(ma2, len1);
    def ttsi = 100 * (ma1 / ma3) * 50 + 50;
    def csi = (nRSI + ttsi) / 2;
    plot out = csi;
}
script tci {
    input _src = hlc3;
    input len0 = 9;
    input len1 = 26;
    def ema1 = ExpAverage(_src, len0);
    def diff = _src - ema1;
    def ema2 = ExpAverage(AbsValue(diff), len0);
    def tci1 = (diff) / (0.025 * ema2);
    def tci = ExpAverage(tci1, len1) + 50;
    plot out = tci;
}
script mf {
    input _src = hlc3;
    input len2 = 13;
    def change = _src - _src[1];
    def sum1 = Sum(volume * (if change <= 0 then 0 else _src), len2);
    def sum2 = sum(volume * (if change >= 0 then 0 else _src), len2);
    def diff = sum1 - sum2;
    def mf = RSI(Price = diff, Length = len2);
    plot out = mf;
}
script willy {
    input _src = hlc3;
    input len1 = 26;
    def hh = Highest(_src, len1);
    def ll = Lowest(_src, len1);
    def willy = 60 * (_src - hh) / (hh - ll) + 80;
    plot out = willy;
}

def nRSI = RSI(Price = src1, Length = len2);
def tci = tci(src1, len0, len1);
def csi = CSI(src1, len0, len1, len2);
def mf = mf(src1, len2);
def willy = willy(src1, len1);
def tradition = (tci + nRSI + mf) / 3;
def godmode = (tci + csi + mf + willy) / 4;
def wt0 = if !cond then godmode else tradition;
def swt0 = Average(wt0, len0);
def gm = if Smoothing then swt0 else wt0;
def incrementer_up = if gm > 70 then 1 else 0;
def incrementer_both = if gm > 70 or gm < 30 then 1 else 0;
def incrementer_down = if gm < 30 then 1 else 0;

def gr = if incrementer_up then gr[1] + incrementer_up else 0;
def grH1 = if (gr >= Count) then high else grH1[1];
def grL1 = if (gr >= Count) then low else grL1[1];
def grh = if grH1 then grH1 else grH[1];
def grl = if grL1 then grL1 else grL[1];

def gs = if incrementer_down then gs[1] + incrementer_down else 0;
def gsH1 = if (gs >= Count) then high else gsH1[1];
def gsL1 = if (gs >= Count) then low else gsL1[1];
def gsh = if gsH1 then gsH1 else gsH[1];
def gsl = if gsL1 then gsL1 else gsL[1];

def gsdx = if incrementer_both then gsdx[1] + incrementer_both else 0;
def gsdH1 = if (gsdx >= Count) then high else gsdH1[1];
def gsdL1 = if (gsdx >= Count) then low else gsdL1[1];
def gsdh = if gsdH1 then gsdH1 else gsdH[1];
def gsdl = if gsdL1 then gsdL1 else gsdL[1];

#/Chassis
plot p1 = if gsh and gsh==gsh[1] then gsh else na; #, "High Support", lime, 1, circles)
plot p2 = if gsl and gsl==gsl[1] then gsl else na; #, "Low Support", green, 1, circles)
plot p3 = if grh and grh==grh[1] then grh else na; #, "High Resistance", red, 1, circles)
plot p4 = if grl and grl==grl[1] then grl else na ;#, "Low Resistance", fuchsia, 1, circles)
def p5 = if gsdh and gsdh==gsdh[1] then gsdh else na; #, "High Supply Above/Demand Below", orange, 1, circles)
def p6 = if gsdl and gsdl== gsdl[1] then gsdl else na; #, "Low Supply Above/Demand Below", yellow, 1, circles)

p1.SetDefaultColor(Color.DARK_GREEN);
p2.SetDefaultColor(Color.GREEN);
p3.SetDefaultColor(Color.RED);
p4.SetDefaultColor(Color.DARK_RED);
p1.SetPaintingStrategy(PaintingStrategy.HoRIZONTAL);
p2.SetPaintingStrategy(PaintingStrategy.HoRIZONTAL);
p3.SetPaintingStrategy(PaintingStrategy.HoRIZONTAL);
p4.SetPaintingStrategy(PaintingStrategy.HoRIZONTAL);

AddCloud(p1, p2, Color.DARK_GREEN);
AddCloud(p3, p4, Color.DARK_RED);
AddCloud(p5, p6, Color.GRAY);

# End of CODE
 
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