Is it possible to set up notional volume on TOS?

Xhrx

New member
Is there any way to see volume by $USD amount rather than number of shares? It would be awesome for my trading style.

I have found this: https://enzlo.com/how-to-add-dollar-volume-vol-on-td-ameritrade-thinkorswim-tos/ however he use it only as a watchlist column
Code:
plot DollarVolume = Round("number" = (hl2 * volume / 1000000), "numberOfDigits" = 1);

However I'm not sure if it's possible to have the same as a lower study on Volume Chart (instead of volume by shares, have volume by USD)
and BTW, how can I use this feature in a part of Scan, i,e: Look for Stocks +1B in Market Cap + 100 Million USD trading today

Can someone help me please?
 
Last edited:
Solution
I'm confused, is that not already the code you need? You can just create a new study and paste it in...

Adding this below the code you already have will help you dress it up more like a volume chart.
Ruby:
DollarVolume.setPaintingStrategy(paintingStrategy.HISTOGRAM);

Once you have it saved, you can use it as a scan filter.
I'm confused, is that not already the code you need? You can just create a new study and paste it in...

Adding this below the code you already have will help you dress it up more like a volume chart.
Ruby:
DollarVolume.setPaintingStrategy(paintingStrategy.HISTOGRAM);

Once you have it saved, you can use it as a scan filter.
 
Solution

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
387 Online
Create Post

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top