Percent difference between price and vwap For ThinkOrSwim

samer800

Well-known member
Hi guys and gals,

I'm not well versed in Pinescript, so I'm hoping some coding guru can hopefully convert this TradingView script to thinkscript.
https://www.tradingview.com/script/o0mHbrYo-Difference-between-PRICE-and-VWAP-V2/

Code:
//@version=2
study(title="Percent difference between price and vwap")
BarcOn=input(false, title="Color bars/Candles?")
len=input(36)
TimeFrame = input('D')
start = security(tickerid, TimeFrame, time)

newSession = iff(change(start), 1, 0)

vwapsum = iff(newSession, hl2*volume, vwapsum[1]+hl2*volume)
volumesum = iff(newSession, volume, volumesum[1]+volume)
v2sum = iff(newSession, volume*hl2*hl2, v2sum[1]+volume*hl2*hl2)
myvwap = vwapsum/volumesum


src=input(close)
xSMA = myvwap
nRes = abs(src - xSMA) * 100 / src

nRes3 = sma(nRes,len)
plot(nRes3, color=blue, style=areabr,transp=90, histbase=0, title="Average")
level1=input(1.28)
level2=input(2.1)
level3=input(2.5)
level4=input(3.09)
level5=input(4.1)
color2=nRes>level1 and nRes<level2?navy: nRes>level2 and nRes<level3?blue: nRes>level3 and nRes<level4?orange: nRes>level4 and nRes<level5?red: nRes>level5?maroon: na
color=nRes>level1 and nRes<level2?navy: nRes>level2 and nRes<level3?blue: nRes>level3 and nRes<level4?orange: nRes>level4 and nRes<level5?red: nRes>level5?maroon: gray

plot(nRes, style=histogram,color=color)
barcolor(BarcOn?color2:na)
hline(0, title="Base Line", color=aqua, linestyle=solid)
a=hline(level1, title="1", color=aqua, linestyle=dotted)
b=hline(level2, title="2", color=blue, linestyle=dotted)
c=hline(level3, title="3", color=orange, linestyle=dotted)
d=hline(level4, title="4", color=red, linestyle=dotted)
e=hline(level5, title="5", color=maroon, linestyle=dotted)


Thank you!
check the below

CODE:

CSS:
#//@version=2
#study(title="Percent difference between price and vwap")
# request from usethinkscript.com memeber
#converted by [email protected] - 09/2022

declare lower;
def na = Double.NaN;
input BarcOn = no;#(false, title="Color bars/Candles?")
input len = 36;#(36)
input timeFrame = {default DAY, WEEK, MONTH};

def cap = getAggregationPeriod();
def errorInAggregation =
    timeFrame == timeFrame.DAY and cap >= AggregationPeriod.WEEK or
    timeFrame == timeFrame.WEEK and cap >= AggregationPeriod.MONTH;
assert(!errorInAggregation, "timeFrame should be not less than current chart aggregation period");

def yyyyMmDd = getYyyyMmDd();
def periodIndx;
switch (timeFrame) {
case DAY:
    periodIndx = yyyyMmDd;
case WEEK:
    periodIndx = Floor((daysFromDate(first(yyyyMmDd)) + getDayOfWeek(first(yyyyMmDd))) / 7);
case MONTH:
    periodIndx = roundDown(yyyyMmDd / 100, 0);
}
def isPeriodRolled = compoundValue(1, periodIndx != periodIndx[1], yes);

#start = security(tickerid, TimeFrame, time)

def newSession = isPeriodRolled;

def vwapsum = if(newSession, hl2*volume, vwapsum[1]+hl2*volume);
def volumesum = if(newSession, volume, volumesum[1]+volume);
def v2sum = if(newSession, volume*hl2*hl2, v2sum[1]+volume*hl2*hl2);
def myvwap = vwapsum/volumesum;


input src=close;#(close)
def xSMA = myvwap;
def nRes = AbsValue(src - xSMA) * 100 / src;

def nRes3 = SimpleMovingAvg(nRes,len);

plot AverageV = nRes3; #, color=blue, style=areabr,transp=90, histbase=0, title="Average")
#AverageV.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
addCloud(nRes3,0, Color.GRAY);
AverageV.SetDefaultColor(Color.WHITE);
input level1= 1.28;
input level2= 2.1;
input level3= 2.5;
input level4= 3.09;
input level5= 4.1;
def color2= if nRes>level1 and nRes<level2 then 2 else
            if nRes>level2 and nRes<level3 then 3  else
            if nRes>level3 and nRes<level4 then 4 else
            if nRes>level4 and nRes<level5 then 5 else
            if nRes>level5 then 0 else na;
def color=  if nRes>level1 and nRes<level2 then 2 else
            if nRes>level2 and nRes<level3 then 3 else
            if nRes>level3 and nRes<level4 then 4 else
            if nRes>level4 and nRes<level5 then 5 else
            if nRes>level5 then 0 else -1;

plot histo = nRes;#, style=histogram,color=color)
histo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
histo.AssignValueColor(if color ==2 then CreateColor(17,118,242) else
                       if color == 3 then CreateColor(15,68,245) else
                       if color == 4 then color.DARK_ORANGE else
                       if color == 5 then color.DARK_RED else
                       if color == 0 then color.RED else color.GRAY);

AssignPriceColor(if BarcOn then 
                       if color2 ==2 then CreateColor(17,118,242) else
                       if color2 == 3 then CreateColor(15,68,245) else
                       if color2 == 4 then color.DARK_ORANGE else
                       if color2 == 5 then color.DARK_RED else
                       if color2 == 0 then color.RED else color.GRAY else Color.CURRENT);

plot hline = if isNAN(close) then na else 0;     # "Base Line"
hline.SetDefaultColor(Color.DARK_GRAY);
plot a=level1;
a.SetDefaultColor(CreateColor(17,118,242));
a.SetPaintingStrategy(PaintingStrategy.DASHES);
plot b=level2;
b.SetDefaultColor(Color.BLUE);
b.SetPaintingStrategy(PaintingStrategy.DASHES);
plot c=level3;
c.SetDefaultColor(Color.ORANGE);
c.SetPaintingStrategy(PaintingStrategy.DASHES);
plot d=level4;
d.SetDefaultColor(Color.DARK_RED);
d.SetPaintingStrategy(PaintingStrategy.DASHES);
plot e=level5;
e.SetDefaultColor(Color.RED);
e.SetPaintingStrategy(PaintingStrategy.DASHES);

### END
 
check the below

CODE:

CSS:
#//@version=2
#study(title="Percent difference between price and vwap")
# request from usethinkscript.com memeber
#converted by [email protected] - 09/2022

declare lower;
def na = Double.NaN;
input BarcOn = no;#(false, title="Color bars/Candles?")
input len = 36;#(36)
input timeFrame = {default DAY, WEEK, MONTH};

def cap = getAggregationPeriod();
def errorInAggregation =
    timeFrame == timeFrame.DAY and cap >= AggregationPeriod.WEEK or
    timeFrame == timeFrame.WEEK and cap >= AggregationPeriod.MONTH;
assert(!errorInAggregation, "timeFrame should be not less than current chart aggregation period");

def yyyyMmDd = getYyyyMmDd();
def periodIndx;
switch (timeFrame) {
case DAY:
    periodIndx = yyyyMmDd;
case WEEK:
    periodIndx = Floor((daysFromDate(first(yyyyMmDd)) + getDayOfWeek(first(yyyyMmDd))) / 7);
case MONTH:
    periodIndx = roundDown(yyyyMmDd / 100, 0);
}
def isPeriodRolled = compoundValue(1, periodIndx != periodIndx[1], yes);

#start = security(tickerid, TimeFrame, time)

def newSession = isPeriodRolled;

def vwapsum = if(newSession, hl2*volume, vwapsum[1]+hl2*volume);
def volumesum = if(newSession, volume, volumesum[1]+volume);
def v2sum = if(newSession, volume*hl2*hl2, v2sum[1]+volume*hl2*hl2);
def myvwap = vwapsum/volumesum;


input src=close;#(close)
def xSMA = myvwap;
def nRes = AbsValue(src - xSMA) * 100 / src;

def nRes3 = SimpleMovingAvg(nRes,len);

plot AverageV = nRes3; #, color=blue, style=areabr,transp=90, histbase=0, title="Average")
#AverageV.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
addCloud(nRes3,0, Color.GRAY);
AverageV.SetDefaultColor(Color.WHITE);
input level1= 1.28;
input level2= 2.1;
input level3= 2.5;
input level4= 3.09;
input level5= 4.1;
def color2= if nRes>level1 and nRes<level2 then 2 else
            if nRes>level2 and nRes<level3 then 3  else
            if nRes>level3 and nRes<level4 then 4 else
            if nRes>level4 and nRes<level5 then 5 else
            if nRes>level5 then 0 else na;
def color=  if nRes>level1 and nRes<level2 then 2 else
            if nRes>level2 and nRes<level3 then 3 else
            if nRes>level3 and nRes<level4 then 4 else
            if nRes>level4 and nRes<level5 then 5 else
            if nRes>level5 then 0 else -1;

plot histo = nRes;#, style=histogram,color=color)
histo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
histo.AssignValueColor(if color ==2 then CreateColor(17,118,242) else
                       if color == 3 then CreateColor(15,68,245) else
                       if color == 4 then color.DARK_ORANGE else
                       if color == 5 then color.DARK_RED else
                       if color == 0 then color.RED else color.GRAY);

AssignPriceColor(if BarcOn then
                       if color2 ==2 then CreateColor(17,118,242) else
                       if color2 == 3 then CreateColor(15,68,245) else
                       if color2 == 4 then color.DARK_ORANGE else
                       if color2 == 5 then color.DARK_RED else
                       if color2 == 0 then color.RED else color.GRAY else Color.CURRENT);

plot hline = if isNAN(close) then na else 0;     # "Base Line"
hline.SetDefaultColor(Color.DARK_GRAY);
plot a=level1;
a.SetDefaultColor(CreateColor(17,118,242));
a.SetPaintingStrategy(PaintingStrategy.DASHES);
plot b=level2;
b.SetDefaultColor(Color.BLUE);
b.SetPaintingStrategy(PaintingStrategy.DASHES);
plot c=level3;
c.SetDefaultColor(Color.ORANGE);
c.SetPaintingStrategy(PaintingStrategy.DASHES);
plot d=level4;
d.SetDefaultColor(Color.DARK_RED);
d.SetPaintingStrategy(PaintingStrategy.DASHES);
plot e=level5;
e.SetDefaultColor(Color.RED);
e.SetPaintingStrategy(PaintingStrategy.DASHES);

### END
Will be playing with it over the weekend. Thanks a bunch!
 
Viewed some tickers on the 5min chart using this code on TOS. The results are totally different from what's shown on TradingView. Not sure where the problem lies.
 

samer800

Well-known member
Viewed some tickers on the 5min chart using this code on TOS. The results are totally different from what's shown on TradingView. Not sure where the problem lies.
i just checked it and seems working as expected. However, the volume in TOS and TV not the same specially if you enable pre/after market trading hours.

try to uncheck the extended hours and compare.
 
i just checked it and seems working as expected. However, the volume in TOS and TV not the same specially if you enable pre/after market trading hours.

try to uncheck the extended hours and compare.
Yep. That was the problem. Thanks again for your help.
 

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