Show P&L bubble on current candle In ThinkOrSwim

[jetheller]

Here is a quick little study I created to show the current PL for any open positions on the current symbol at the top of the current candle. This is meant for day trading / scalping (may not show on higher time frames).

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

 

[majidg]

Here is a quick little study I created to show the current PL for the current symbol at the top of the current candle.

#Sase
#Add bubble above the the current candle if there is an open position
#If PL is positive then green else yellow

Def PL = GetOpenPL();
AddChartBubble (GetQuantity () != 0 and isnan(close[-1]), high, PL,If PL > 0 Then Color.GREEN Else Color.YELLOW, Yes);

I copied and pasted the above, it does not show the bubble on the last candle. can you advise?

when I remove "GetQuantity () != 0 and" it always shows 0 at the high. when I keep the original code it does not show any bubble on any open position.

I am trading stocks. what is the time frame? is it daily or intraday

I am not sure why it does not work on my open orders for any time frame
I will check further to see why I am not seeing anything on my open orders. I created it as study and I tried various TF.

 

[jetheller]

It only shows the bubble if there is an open position on the symbol you are looking at; no open position (either long or short) then no bubble. If you want it to always show the bubble then remove "GetQuantity () != 0 and " from the code (that part of the code says when quantity is not equal to 0).

What are you trading? I use this on Stocks and Futures on the Chart in thinkorswim and it works. See image below (/ES chart)

I am on the 5 minute chart. I just checked and it works on 1 hour and smaller but not above. Not sure why, let me see if I can fix that.

Did you create it as a study? I may need more info on your setup, or you can try on a chart that doesn't have any other studies to see if there is a conflict.

This was meant for day trading / scalping so I could quickly see how I was doing and take action or not. I just logged into an account where I have long term positions to see if maybe it only works for intraday positions and that is not the case, then I thought maybe the number is too large and also not the case. See image below, I have this position for a few months, making a good amount and it also shows on the daily chart and all times frames below (for this account it doesn't show on the weekly chart).

 

[jetheller]

If there is anyone else who has tried this, please let us know if it worked for you or not.

 

[MerryDay]

It works great! Thank you for the contribution.

 

[majidg]

If there is anyone else who has tried this, please let us know if it worked for you or not.

Hi Jet

It only shows the bubble if there is an open position on the symbol you are looking at; no open position (either long or short) then no bubble. If you want it to always show the bubble then remove "GetQuantity () != 0 and " from the code (that part of the code says when quantity is not equal to 0).

What are you trading? I use this on Stocks and Futures on the Chart in thinkorswim and it works. See image below (/ES chart)

I am on the 5 minute chart. I just checked and it works on 1 hour and smaller but not above. Not sure why, let me see if I can fix that.

Did you create it as a study? I may need more info on your setup, or you can try on a chart that doesn't have any other studies to see if there is a conflict.

This was meant for day trading / scalping so I could quickly see how I was doing and take action or not. I just logged into an account where I have long term positions to see if maybe it only works for intraday positions and that is not the case, then I thought maybe the number is too large and also not the case. See image below, I have this position for a few months, making a good amount and it also shows on the daily chart and all times frames below (for this account it doesn't show on the weekly chart).

Thanks jetheller, it started working for me too.

 

[Cliff]

Has anyone figured out why this doesn't work on daily charts? I'm using options and the studies I tried may only recognize stocks or futures.

def LastBar = !isnan(close[0]) and isnan(close[-1]);
#def PL = GetOpenPL();
def PL = GetQuantity() * close;
AddLabel(LastBar, PL, If PL > 0 then Color.GREEN else Color.RED);

 

[ms33]

Could this be amended to show the P&L of being out of the position once the position has been closed. To me, that's an equally challenging and difficult trading decision.

 

[jetheller]

Could this be amended to show the P&L of being out of the position once the position has been closed. To me, that's an equally challenging and difficult trading decision.

Could you explain your request with a detailed example, I don't understand the request. There are other tools/places within TOS that shows P&L for closed trades.