Is there a Dollar Volume Indicator in ThinkorSwim?

  • Thread starter GuitarSlinger81
  • Start date
GuitarSlinger81

GuitarSlinger81

New member
Is anyone aware of an indicator that displays as bars just like volume, but instead of share volume it's dollar volume? I did some Googling and looked around in TOS, but I couldn't find anything. Perhaps if this doesn't exist it would make a good first project for me, since I'm learning ThinkScript.
 
J

JL356

New member
IS there a watchlist column, to convert shares to millions (37,235,451 to 37M) have one for volume, but not shares. Thanks in advance.

Thanks @GuitarSlinger81, all i want is a way to translate the shares amount, to Millions, to they dont take so much space. (51,125,478 to 51.2M)
 
evanevans

evanevans

Member
How can I get DollarVolume to show up as an addable column in a scan?

I created the following study:

Code:
plot DollarVolume = close * volume;

# DollarVolume

AddLabel(yes, AsDollars(DollarVolume), Color.WHITE);
But it doesn't show up in the list for columns in the scan tab.
 
evanevans

evanevans

Member
Can anybody help with this? trying to make a custom column study to show the current cumulative dollars traded on the day (volume * price each minute added together). @Welkin my buddy, how are you?

Code:
def RunningDollarVolume = CompoundValue(1, (RunningDollarVolume[1]*Close[1]) + (volume*close), volume*close);

plot TotalDollarVolume = RunningDollarVolume;
 
evanevans

evanevans

Member
Ok, nevermind, I think I got it. Here's the SHARE LINK to the code, for anyone who wants to add it as a column:
http://tos.mx/yaHbUmX

CODE:

Code:
def RunningDollarVolume = CompoundValue(1, (RunningDollarVolume[1]) + (volume*close), volume*close);

plot TotalDollarVolumeMM = Round(RunningDollarVolume/1000000,1);
FYI, because it was putting out some large numbers, I rounded it to the millions.
 
evanevans

evanevans

Member
Does anybody know how to make a DollarVolume lower indicator, so instead of Volume it plots DollarVolume? It would look the same as volume, just the units expressed would not be volume of shares/contracts traded in one bar, but rather in Dollars (Volume*(OHLC/4)) or perhaps it can be reverse engineered from VWAP.
 

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