MACD with Bollinger Bands Indicator for ThinkorSwim

[MerryDay]

One of my favorite indicators as of yet. Can someone please help me with a watchlist for the zero line?

Your question is: can the coloring of the zeroline being translated to a watchlist?
The zeroline is painted green if the MACD is above 0 otherwise red.
Here is a watchlist that is painted green when MACD is greater than 0 else red.

# MACD above/below 0 Watchlist
input fast = 12;  input slow = 26;  input Length = 5;
plot nMACD = MACD(fastLength = fast, slowLength = slow, MACDLength = Length);
AssignBackgroundColor(if nMACD>=0 then color.green else color.red);

 

[TPTrades]

Your question is: can the coloring of the zeroline being translated to a watchlist?
The zeroline is painted green if the MACD is above 0 otherwise red.
Here is a watchlist that is painted green when MACD is greater than 0 else red.

# MACD above/below 0 Watchlist
input fast = 12;  input slow = 26;  input Length = 5;
plot nMACD = MACD(fastLength = fast, slowLength = slow, MACDLength = Length);
AssignBackgroundColor(if nMACD>=0 then color.green else color.red);

Not exactly. I would like to be able to check the watchlist for the bollinger band levels. Is something like this possible?

 

[MerryDay]

Not exactly. I would like to be able to check the watchlist for the bollinger band levels. Is something like this possible?

Sure, here is MACD Bollinger Band Level Watchlist.

This script defaults to displaying the upper band level number
Change the hashtags to display other levels.

input price = close;
input BBlength = 10;
input BBNum_Dev = 1.0;
input MACDfastLength = 12;
input MACDslowLength = 26;
input MACDLength = 5;

def MACD_Data = MACD(fastLength = MACDfastLength, slowLength = MACDslowLength, MACDLength = MACDLength);


plot BB_Upper = reference BollingerBands(price = MACD_Data, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).UpperBand;

#plot BB_Lower = reference BollingerBands(price = MACD_Data, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).Lowerband;

#plot BB_Midline = reference BollingerBands(price = MACD_Data, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).MidLine;

 

[TPTrades]

Sure, here is MACD Bollinger Band Level Watchlist.

This script defaults to displaying the upper band level number
Change the hashtags to display other levels.

input price = close;
input BBlength = 10;
input BBNum_Dev = 1.0;
input MACDfastLength = 12;
input MACDslowLength = 26;
input MACDLength = 5;

def MACD_Data = MACD(fastLength = MACDfastLength, slowLength = MACDslowLength, MACDLength = MACDLength);


plot BB_Upper = reference BollingerBands(price = MACD_Data, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).UpperBand;

#plot BB_Lower = reference BollingerBands(price = MACD_Data, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).Lowerband;

#plot BB_Midline = reference BollingerBands(price = MACD_Data, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).MidLine;

Thanks @MerryDay! This is close lol is there anyway I can get the watchlist level column for the lines and dots?

 

[MerryDay]

Thanks @MerryDay! This is close lol is there anyway I can get the watchlist level column for the lines and dots?

Here is the script to put the "dots" in a watchlist:
https://usethinkscript.com/threads/...icator-for-thinkorswim.287/page-6#post-138994

Here is the script to put the "lines" in a watchlist:
https://usethinkscript.com/threads/...icator-for-thinkorswim.287/page-6#post-139935

 

[TPTrades]

Here is the script to put the "dots" in a watchlist:
https://usethinkscript.com/threads/...icator-for-thinkorswim.287/page-6#post-138994

Here is the script to put the "lines" in a watchlist:
https://usethinkscript.com/threads/...icator-for-thinkorswim.287/page-6#post-139935

Thanks @MerryDay!

 

[QUIKTDR1]

The script you referenced is different from other pivot repainters.
With other pivot scripts, it is expected for pivots to repaint when the pivot point is broken through, allowing new support / resistance points to be created.

But with the script you referenced, uses future bars.
Meaning, it waits until the future to confirm the pivot happened and then goes back in time and repaints the pivot at the point it happened.

In answer to your question: yes, it repaints and it lags.
Which means the scanner filter in the above post had to be modified.

The scanner is set to look for pivots on the current candle, but in actuality they can be repainted much further back.

So the scan filter needs to be re-written:

this will only find pivots repainted within the last 10 bars.

I've been looking @ MACD signals and wondered if we can add orders in order to generate a P & L and a label
TY in advance

input pricecolor = yes;
input fastLength = 12;
input slowLength = 26;
input MACDLength = 9;
input averageType = AverageType.EXPONENTIAL;

def Value = MovingAverage(averageType, close, fastLength) - MovingAverage(averageType, close, slowLength);
def Avg = MovingAverage(averageType, Value, MACDLength);

plot Diff = Value - Avg;

Diff.Hide();
Diff.SetDefaultColor(GetColor(5));
Diff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Diff.SetLineWeight(3);
Diff.DefineColor("Positive and Up", Color.GREEN);
Diff.DefineColor("Positive and Down", Color.DARK_GREEN);
Diff.DefineColor("Negative and Down", Color.RED);
Diff.DefineColor("Negative and Up", Color.DARK_RED);
Diff.AssignValueColor(if Diff >= 0 then if Diff > Diff[1] then Diff.Color("Positive and Up") else Diff.Color("Positive and Down") else if Diff < Diff[1] then Diff.Color("Negative and Down") else Diff.Color("Negative and Up"));

AssignPriceColor(if !pricecolor then Color.CURRENT else Diff.TakeValueColor());

plot UpSignal = if Diff crosses above 0 then low else Double.NaN;

AddChartBubble(UpSignal, low, "Buy", Color.LIGHT_GREEN, no);

plot DownSignal = if Diff crosses below 0 then high else Double.NaN;

AddChartBubble(DownSignal, high, "Sell", Color.LIGHT_RED, yes);

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