Range bars time to form each bar

Ilya

New member
Hi I have been trying to create this study, but totally failed, and even thinkscript chart support could not do it. I am hoping someone here can suggest a way. I want to know how much time it takes to form each range bar. I use the 16 tick /ES chart. Ideally this would be a lower study as a bar, or be listed under/over each range bar, and be color coded (0-10 sec red, 11 sec-30 sec blue, 31 sec-60 sec yellow, >60 seconds white). Any help with this would be most appreciated.
 
Solution
It doesn't work on the live candle, thinkscript can not see the time unless the next bar has opened. I also capped it at 61 seconds, there are many excessively sized bars otherwise, and it shrinks the others down to where they're unreadable. You can change 61 to what ever you want.

Declare Lower;
Def Sec = Min(61, (GetTime() - GetTime()[1]) / 1000);
Plot Seconds = Sec;
Seconds.setpaintingStrategy(paintingStrategy.HISTOGRAM);
Seconds.assignValueColor(
if Sec > 60 then color.white
else if Sec > 30 then color.yellow
else if Sec > 10 then color.cyan
else color.red
);
It doesn't work on the live candle, thinkscript can not see the time unless the next bar has opened. I also capped it at 61 seconds, there are many excessively sized bars otherwise, and it shrinks the others down to where they're unreadable. You can change 61 to what ever you want.

Declare Lower;
Def Sec = Min(61, (GetTime() - GetTime()[1]) / 1000);
Plot Seconds = Sec;
Seconds.setpaintingStrategy(paintingStrategy.HISTOGRAM);
Seconds.assignValueColor(
if Sec > 60 then color.white
else if Sec > 30 then color.yellow
else if Sec > 10 then color.cyan
else color.red
);
 
Solution

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
605 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top