Market Internals: All in 1 Chart For ThinkOrSwim

[Carl-not-Karl]

Summary: A visual dynamic comparing another symbol(s) with value on your main chart.
Each study has a Chart Bubble, Cloud, Label and Line with on/off display and each will change color: up = green, down = red.
The Lines act as reference lines with Chart Bubbles as absolute values.
1min. | 3 min. | 5 min. time frames shown:

shared link: https://tos.mx/f0xTaFt

There are a total of 35 studies per Index (30 are shown, 5 in lower chart with display off):

Emini, Emicro, 6 long/short ETFs, Top 10 stock holdings per Morningstar, 2 similar-in-size indices and the 9 market internals.​

DJX does not have a volatility symbol so $DXY Inverse is used.​

In the image all Labels are on and the Index Cloud is on, all Chart Bubbles and Lines are off.
Each study may be placed on its own chart.
https://tos.mx/pyLQtQJ

Example: various studies and settings displayed:

All studies have a prefix with the Index coming first so they are grouped/listed together:

Here are 3 other Indices showing various studies displayed and the 5 studies in the Lower Study.
The grey horizontal line is the zero line on the <TICK>_Line study.
The included <TICKs> study in the Lower pane would have a green/red line, explained later).
https://tos.mx/5VLgEH8

2 studies are not inverted (declining issues and volume).
The 3 studies that cross the 0 line behave 'differently' than the 30.
All 5 are included for a complete Market Internals package.
When the 3 are placed on their own chart they have a zero horizontal line that changes green/red when the symbol crosses 0.
The declare lower; affects this and thus has been removed for the 5.
(ex.: TICKs, Advance-Decline Difference and Volume Difference).
Note: In Chart Settings > Price Axis > Fit Studies must be off:

The key to using reference lines is having declare lower; placed in the scripts of the 30 studies .
Once the study is added to a new chart it must be dragged into the upper study in the Edit Studies and Strategies window.
A Left Axis warning ( ! ) will appear to the left of the Label. To remove it uncheck the Left Axis:

Studies with just the Cloud on in the Lower pane is a nice way to perform historical analysis to see what internals/symbols move in correlation.

Note: Any changes to the settings in the studies you will need to name/rename the study otherwise the order will become random.
Name example: RUT Composite and then reload the study to your chart.

Wish list: ability to move the Chart Bubbles horizontally and vertically w/o losing the red/green function, possibly with a line that acts correspondingly.

 

[Carl-not-Karl]

The code below can act as a template: duplicate it and use any symbol you want and then change the 4 symbols "/ES" in this example to your desired symbol.
Modify colors, length of label, etc. as needed.

Code:

# Carl_K | December, 2023 | ver 1.0

declare lower;

input AddChartBubble = no;
input AddLabel       = yes;
input AddCloud       = no;

def symbol = close("/ES");

plot S = symbol;
S.DefineColor("Up", GetColor(6));
S.DefineColor("Down", GetColor(5));
S.AssignValueColor(if S > S[1] then S.Color("Up") else S.Color("Down"));
S.SetLineWeight(1);
S.SetStyle(1);
S.HideBubble();
S.HideTitle();

def data = if !isNaN(S) then S else double.NaN;

AddChartBubble(AddChartBubble and isNaN(close[-1]) and !isNaN(close),
 data, "ES " + Round(S,2),
 if S > S[1] then color.green else color.red,
 if S > S[1] then yes else no);

AddLabel(AddLabel, if S > S[1] then
 " ES                                                                                                   "
 else
 "                                                                                                   ES ",
 if S > S[1] then color.green else color.red);

def hiLevel = if S >= S[-1] then double.positive_infinity else double.negative_infinity;
AddCloud(if AddCloud and -hiLevel then -hiLevel else double.NaN, hiLevel, color.green, color.red);

Code for symbols that use a zero line:

# Carl_K | December, 2023 | ver 1.0

input AddChartBubble = no;
input AddLabel       = yes;
input AddCloud       = no;

def Symbol = close("$TICKC");

plot S = Symbol;
S.DefineColor("Up", GetColor(6));
S.DefineColor("Down", GetColor(5));
S.AssignValueColor(if S > S[1] then S.Color("Up") else S.Color("Down"));
S.SetLineWeight(1);
S.SetStyle(1);
S.HideBubble();
S.HideTitle();

def data = if !isNaN(S) then S else double.NaN;

AddChartBubble(AddChartBubble and isNaN(close[-1]) and !isNaN(close),
 data, "TICKC " + Round(S,2),
 if S > S[1] then color.green else color.red,
 if S > S[1] then yes else no);

AddLabel(AddLabel, if S > S[1] then
 " TICKC                                                                                             "
 else
 "                                                                                             TICKC ",
 if S > S[1] then color.green else color.red);

def hiLevel = if S >= S[-1] then double.positive_infinity else double.negative_infinity;
AddCloud(if AddCloud and -hiLevel then -hiLevel else double.NaN, hiLevel, color.green, color.red);

# zeroLine
plot zeroLine = 0;
zeroLine.AssignValueColor(if close > 0 then color.green else color.red);
zeroLine.SetLineWeight(1);
zeroLine.HideBubble();
zeroLine.HideTitle();

 

[Ronathan Edwards]

Summary: A visual dynamic comparing another symbol(s) with value on your main chart.
Each study has a Chart Bubble, Cloud, Label and Line with on/off display and each will change color: up = green, down = red.
The Lines act as reference lines with Chart Bubbles as absolute values.
1min. | 3 min. | 5 min. time frames shown:

There are a total of 35 studies per Index (30 are shown, 5 in lower chart with display off):

Emini, Emicro, 6 long/short ETFs, Top 10 stock holdings per Morningstar, 2 similar-in-size indices and the 9 market internals.​

DJX does not have a volatility symbol so $DXY Inverse is used.​

In the image all Labels are on and the Index Cloud is on, all Chart Bubbles and Lines are off.
Each study may be placed on its own chart.
https://tos.mx/pyLQtQJ

Example: various studies and settings displayed:

All studies have a prefix with the Index coming first so they are grouped/listed together:

Here are 3 other Indices showing various studies displayed and the 5 studies in the Lower Study.
The grey horizontal line is the zero line on the <TICK>_Line study.
The included <TICKs> study in the Lower pane would have a green/red line, explained later).
https://tos.mx/5VLgEH8

2 studies are not inverted (declining issues and volume).
The 3 studies that cross the 0 line behave 'differently' than the 30.
All 5 are included for a complete Market Internals package.
When the 3 are placed on their own chart they have a zero horizontal line that changes green/red when the symbol crosses 0.
The declare lower; affects this and thus has been removed for the 5.
(ex.: TICKs, Advance-Decline Difference and Volume Difference).
Note: In Chart Settings > Price Axis > Fit Studies must be off:

The key to using reference lines is having declare lower; placed in the scripts of the 30 studies .
Once the study is added to a new chart it must be dragged into the upper study in the Edit Studies and Strategies window.
A Left Axis warning ( ! ) will appear to the left of the Label. To remove it uncheck the Left Axis:

Studies with just the Cloud on in the Lower pane is a nice way to perform historical analysis to see what internals/symbols move in correlation.

Note: Any changes to the settings in the studies you will need to name/rename the study otherwise the order will become random.
Name example: RUT Composite and then reload the study to your chart.

Wish list: ability to move the Chart Bubbles horizontally and vertically w/o losing the red/green function, possibly with a line that acts correspondingly.

This is interesting, I would like to just have SPY, ADSPD,ADD and VOLD bubbles to see divergences on the 5 minute. i.e. ADD is red and the SPY is green. Is that possible with this script?

 

[Carl-not-Karl]

This is interesting, I would like to just have SPY, ADSPD,ADD and VOLD bubbles to see divergences on the 5 minute. i.e. ADD is red and the SPY is green. Is that possible with this script?

Notes:
I use the Composite symbol "C" extension on all technical indicators as ToS states: " traded anywhere".
Source: https://tlc.thinkorswim.com/center/release/rel-07-20-2013
These can be deleted from any script.
My reasoning: more data and leaving no stone unturned.
Side note: I personally use the ALLUSA stocks vs. NYSE as again, more data.

On your request I have add $VOLSPDC to compare with $VOLDC.
The 2 thicker lines are associated with SPY (SPX), 2 thinner are with NYA (NYSE).

 

[Carl-not-Karl]

1xETFs on 3 minute Aggregation period (they all tend to move in synch):

 

[Ronathan Edwards]

Notes:
I use the Composite symbol "C" extension on all technical indicators as ToS states: " traded anywhere".
Source: https://tlc.thinkorswim.com/center/release/rel-07-20-2013
These can be deleted from any script.
My reasoning: more data and leaving no stone unturned.
Side note: I personally use the ALLUSA stocks vs. NYSE as again, more data.

On your request I have add $VOLSPDC to compare with $VOLDC.
The 2 thicker lines are associated with SPY (SPX), 2 thinner are with NYA (NYSE).

This looks great, but don't find the ADSPD in your scripts? I down loaded it and am just using the ADD and it looks great, but no ADSPD to be found...

 

[Carl-not-Karl]

See Post #1 > 2nd image > SPX column > 2nd study down > ADSPDC (in RED label)

Remove the 'C' extension if you want the Primary Market indicator: def symbol = close("$ADSPDC");

This looks great, but don't find the ADSPD in your scripts? I down loaded it and am just using the ADD and it looks great, but no ADSPD to be found... View attachment 20385

 

[Adobe8]

See Post #1 > 2nd image > SPX column > 2nd study down > ADSPDC (in RED label)

Remove the 'C' extension if you want the Primary Market indicator: def symbol = close("$ADSPDC");

Can you pls share your chart and what to look for

 

[Carl-not-Karl]

Can you pls share your chart and what to look for

Adobe8, if you are referring to Ronathan Edward's quote about not finding the "$ADSPDC" script it was always there and just an oversight on Ronathan's part to find the script:

 

[Carl-not-Karl]

The 7 Indices with their associated Market Internals, ETFs and Top Ten Stocks have been updated to include modified thinkscripts.
The major change being able to move the AddChartBubble both horizontally and vertically (if moved into the future the bubble will turn ToS default color of cyan.).

Tags: AddChartBubble AddCloud AddLabel Comparison Symbol

Think of the chart layouts as a Library or depository of all Market Internals, ETFs and top stocks where any script can be added (or copied and modified) as a comparison study on your other charts.

All scripts are grouped with Index identifier: SPX_ , NDX_ , etc.

The scripts (36 total per Index) are turned off in the images/attachments below:

https://tos.mx/lQOQ2Ms

https://tos.mx/qEERDm0

See previous posts above for additional info.

SPY sample with various settings turned on:

 

[khpro59]

1xETFs on 3 minute Aggregation period (they all tend to move in synch):

Can you share a link for this setup (in this post)? I cant seem to replicate it, lots of studies to weed through. Really appreciate you taking the time to post this, extremely comprehensive! I wanted to toy around to make it useful for my style of trading. Thanks!

 

[Carl-not-Karl]

Can you share a link for this setup (in this post)? I cant seem to replicate it, lots of studies to weed through. Really appreciate you taking the time to post this, extremely comprehensive! I wanted to toy around to make it useful for my style of trading. Thanks!

Link per your request: https://tos.mx/f0xTaFt