Shaved Bars Buy/Sell Pressure Indicator for ThinkorSwim


Staff member
Shaved Bars is one of the price pattern indicators converted from TradingView to ThinkorSwim. It shows buying and selling pressure based on the candlestick. It checks to see if the candle closed above or at 5% of the high for the previous candle.


  • Pink = Down Shaved Bars - Selling Pressure
  • Cyan = Up Shaved Bars - Buying Pressure

thinkScript Code

Rich (BB code):
# WalkingBallista
# Converted from

def range = high - low;
input pctS = 5;
def pctCs = pctS * .01;

def sBarUp = close >= (high - (range * pctCs));
def sBarDown = close <= (low + (range * pctCs));

DefineGlobalColor("color1", color.cyan) ;
DefineGlobalColor("color2", color.magenta);
assignpriceColor(if sBarUp then GlobalColor("color1") else if sBarDown then GlobalColor("color2") else Color.Current);

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@FOTM_8888 This snippet below will add arrows to both shaved bars. You can use that with the scanner.

plot shavedbar_up = sBarUp;
plot shavedbar_down = sBarDown;
Hi @BenTen, a quick question, i say chis moody videos about the pin bars,inside bars, outside bars and shaved bars, i am missing the outside bars, do you have it? thank you some much

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