JLINES For ThinkOrSwim

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@us3r001 try this

Ruby: 
#JLine_Cloud
#Converted by @SuryaKiranC
#Requested by @us3r001
# https://usethinkscript.com/threads/jlines-for-thinkorswim.9521

input s1 = 72;
input h1 = 89;

input enable515 = no;

DefineGlobalColor( "EMA1+", CreateColor(201, 255, 234));
DefineGlobalColor( "EMA1-", CreateColor(255, 105, 105));
DefineGlobalColor( "EMA2+", CreateColor(125, 176, 130));
DefineGlobalColor( "EMA2-", CreateColor(194, 152, 227));
DefineGlobalColor( "EMA3+", CreateColor(161, 217, 247));
DefineGlobalColor( "EMA3-", CreateColor(255, 255, 112));

input  res = AggregationPeriod.MIN;
input res1 = AggregationPeriod.THREE_MIN;
input res2 = AggregationPeriod.FIVE_MIN;

assert(GetAggregationPeriod() >= res, "Chart Frame Higher that input res");
AddLabel(if (GetAggregationPeriod() > res) then yes else no, "JLine :input res is lower than Chart TimeFrame", Color.RED);

def EMA1_S1 = ExpAverage(close(period = res),s1);
def EMA1_H1 = ExpAverage(close(period = res),h1);
def EMA2_S1 = ExpAverage(close(period = res2),s1);
def EMA2_H1 = ExpAverage(close(period = res2),h1);

def EMA3_5 = ExpAverage(close(period = res2),5);
def EMA3_15 = ExpAverage(close(period = res2),15);

plot ODaily = DailyOpen();
ODaily.SetDefaultColor(Color.ORANGE);

AddCloud( EMA1_S1, EMA1_H1, GlobalColor("EMA1+"), GlobalColor("EMA1-"));
AddCloud( EMA2_S1,  EMA2_H1, GlobalColor("EMA2+"), GlobalColor("EMA2-"));
AddCloud(if enable515 then EMA3_5 else Double.NaN,if enable515 then EMA3_15 else Double.NaN, GlobalColor("EMA3+"), GlobalColor("EMA3-"));

#End
 
Last edited:
is there a way to scan on 1 minute to see the crossover of the 1 min cloud over the 3 min or combination of 1 min cloud over 3 and 5 or 3 over 5 etc.... image
 
Hey guys anyway you could make the same thing as this guy has in his youtube video?

would really appreciate it, its called jlines rejection or something.

I believe this is the indicator but wanting it as label?
thanks in advance

#JLine_Cloud
#Converted by @SuryaKiranC
#Requested by @us3r001
# https://usethinkscript.com/threads/jlines-for-thinkorswim.9521

input s1 = 72;
input h1 = 89;

input enable515 = no;

DefineGlobalColor( "EMA1+", CreateColor(201, 255, 234));
DefineGlobalColor( "EMA1-", CreateColor(255, 105, 105));
DefineGlobalColor( "EMA2+", CreateColor(125, 176, 130));
DefineGlobalColor( "EMA2-", CreateColor(194, 152, 227));
DefineGlobalColor( "EMA3+", CreateColor(161, 217, 247));
DefineGlobalColor( "EMA3-", CreateColor(255, 255, 112));

input res = AggregationPeriod.MIN;
input res1 = AggregationPeriod.THREE_MIN;
input res2 = AggregationPeriod.FIVE_MIN;

assert(GetAggregationPeriod() >= res, "Chart Frame Higher that input res");
AddLabel(if (GetAggregationPeriod() > res) then yes else no, "JLine :input res is lower than Chart TimeFrame", Color.RED);

def EMA1_S1 = ExpAverage(close(period = res),s1);
def EMA1_H1 = ExpAverage(close(period = res),h1);
def EMA2_S1 = ExpAverage(close(period = res2),s1);
def EMA2_H1 = ExpAverage(close(period = res2),h1);

def EMA3_5 = ExpAverage(close(period = res2),5);
def EMA3_15 = ExpAverage(close(period = res2),15);

plot ODaily = DailyOpen();
ODaily.SetDefaultColor(Color.ORANGE);

AddCloud( EMA1_S1, EMA1_H1, GlobalColor("EMA1+"), GlobalColor("EMA1-"));
AddCloud( EMA2_S1, EMA2_H1, GlobalColor("EMA2+"), GlobalColor("EMA2-"));
AddCloud(if enable515 then EMA3_5 else Double.NaN,if enable515 then EMA3_15 else Double.NaN, GlobalColor("EMA3+"), GlobalColor("EMA3-"));

#End
 
Last edited by a moderator:
trading4life said:
Hey guys anyway you could make the same thing as this guy has in his youtube video?

would really appreciate it, its called jlines rejection or something.

thanks in advance
Click to expand...
As you saw, he is using price action with volume to decide his trades.
He is not using an indicator, he is looking at candle pattern along with volume.

The patterns in the 1st minute of the video:
2 inside bars and volume
Followed by a flag / pendant with volume.

Really you could just look for the flag / pendant and associated volume.
For more information about the flag / pendant candle pattern:
https://usethinkscript.com/search/872901/?q=flag&t=post&c[title_only]=1&o=replies&g=1
He might have some sort of label, I didn't watch past the 1st minute of the video.
If you describe the label, a member may be able to help you further.
 
trading4life said:
Hey guys anyway you could make the same thing as this guy has in his youtube video?

would really appreciate it, its called jlines rejection or something.

I believe this is the indicator but wanting it as label?
thanks in advance

#JLine_Cloud
#Converted by @SuryaKiranC
#Requested by @us3r001
# https://usethinkscript.com/threads/jlines-for-thinkorswim.9521

input s1 = 72;
input h1 = 89;

input enable515 = no;

DefineGlobalColor( "EMA1+", CreateColor(201, 255, 234));
DefineGlobalColor( "EMA1-", CreateColor(255, 105, 105));
DefineGlobalColor( "EMA2+", CreateColor(125, 176, 130));
DefineGlobalColor( "EMA2-", CreateColor(194, 152, 227));
DefineGlobalColor( "EMA3+", CreateColor(161, 217, 247));
DefineGlobalColor( "EMA3-", CreateColor(255, 255, 112));

input res = AggregationPeriod.MIN;
input res1 = AggregationPeriod.THREE_MIN;
input res2 = AggregationPeriod.FIVE_MIN;

assert(GetAggregationPeriod() >= res, "Chart Frame Higher that input res");
AddLabel(if (GetAggregationPeriod() > res) then yes else no, "JLine :input res is lower than Chart TimeFrame", Color.RED);

def EMA1_S1 = ExpAverage(close(period = res),s1);
def EMA1_H1 = ExpAverage(close(period = res),h1);
def EMA2_S1 = ExpAverage(close(period = res2),s1);
def EMA2_H1 = ExpAverage(close(period = res2),h1);

def EMA3_5 = ExpAverage(close(period = res2),5);
def EMA3_15 = ExpAverage(close(period = res2),15);

plot ODaily = DailyOpen();
ODaily.SetDefaultColor(Color.ORANGE);

AddCloud( EMA1_S1, EMA1_H1, GlobalColor("EMA1+"), GlobalColor("EMA1-"));
AddCloud( EMA2_S1, EMA2_H1, GlobalColor("EMA2+"), GlobalColor("EMA2-"));
AddCloud(if enable515 then EMA3_5 else Double.NaN,if enable515 then EMA3_15 else Double.NaN, GlobalColor("EMA3+"), GlobalColor("EMA3-"));

#End
Click to expand...
This is his exact setup :


Previous Day Close To Pre Market High With Fibonacci retracement levels:= 78% - 88% (Golden Zone)


J-Lines Chart set up:

1-minute Chart:
• 1min J-Line 72 and 89EMA
• 3min J-Line 216 and 267EMA
• 5min J-Line 360 and 445EMA


5-minute Chart:
• 1min J-Line 14 and 17EMA
• 3min J-Line 41 and 51EMA
• 5min J-Line 72 and 89EMA


60-minute/daily Chart:
• 72 and 89 EMA


Additional Indicators:
• VWAP
• 9 EMA
• 1000 EMA (200EMA on 5min chart)


Label Box Stats:
•PM VOL
•DAY VOL
•PM HIGH TO OPEN %
•DAY (1) the stock is on.
 
maximizeprofit said:
This is his exact setup :


Previous Day Close To Pre Market High With Fibonacci retracement levels:= 78% - 88% (Golden Zone)


J-Lines Chart set up:

1-minute Chart:
• 1min J-Line 72 and 89EMA
• 3min J-Line 216 and 267EMA
• 5min J-Line 360 and 445EMA


5-minute Chart:
• 1min J-Line 14 and 17EMA
• 3min J-Line 41 and 51EMA
• 5min J-Line 72 and 89EMA


60-minute/daily Chart:
• 72 and 89 EMA


Additional Indicators:
• VWAP
• 9 EMA
• 1000 EMA (200EMA on 5min chart)


Label Box Stats:
•PM VOL
•DAY VOL
•PM HIGH TO OPEN %
•DAY (1) the stock is on.
Click to expand...
Would you say his method works?
 
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