Simple Script To Create A Manual Cloud

[stockdaddy]

Hello,
I don't know why this is so hard to find, I have searched many threads.
My code is simple, create and AddCloud() function that starts on a specific date & time with a high and low range.
I can get everything I need except for the cloud to start at a specific time.
Seems simple but just can't figure out the easiest way to achieve it?
Any help would be greatly appreciated.

# Manual display of a single supply or demand cloud
#

input showCloud = yes;

input Startdate = 20221215;
input Starttime = 1030;
input Enddate = 20221231;
input recLow = 4000;
input recHigh = 4100;
input isSupply = {default "Yes", "No"};

def sDate = (GetYYYYMMDD() >= Startdate);
def sTime = (Gettime() >= Starttime);
def rLow = recLow;
def rHigh = recHigh;


AddCloud(if (showcloud and sdate and sTime and isSupply) then rHigh else Double.NaN, rLow, color.GREEN);

AddCloud(if (showcloud and sdate and sTime and isSupply is false) then rHigh else Double.NaN, rLow, color.RED);

Hopefully more adequate programmers than myself will be able to help me

 

[SleepyZ]

Hello,
I don't know why this is so hard to find, I have searched many threads.
My code is simple, create and AddCloud() function that starts on a specific date & time with a high and low range.
I can get everything I need except for the cloud to start at a specific time.
Seems simple but just can't figure out the easiest way to achieve it?
Any help would be greatly appreciated.

# Manual display of a single supply or demand cloud
#

input showCloud = yes;

input Startdate = 20221215;
input Starttime = 1030;
input Enddate = 20221231;
input recLow = 4000;
input recHigh = 4100;
input isSupply = {default "Yes", "No"};

def sDate = (GetYYYYMMDD() >= Startdate);
def sTime = (Gettime() >= Starttime);
def rLow = recLow;
def rHigh = recHigh;


AddCloud(if (showcloud and sdate and sTime and isSupply) then rHigh else Double.NaN, rLow, color.GREEN);

AddCloud(if (showcloud and sdate and sTime and isSupply is false) then rHigh else Double.NaN, rLow, color.RED);

sDate was redefined using the between function which included Endate
sTime was redefined using secondsfromtime() function as gettime() cannot be used with the input Starttime
rlow and rhigh were defined starting at sDate and sTime and were extended by the recursives rlow[1] and rhigh[1]
As TOS does not allow recursives in the addcloud function rLow1 and rHigh1 were defined as plots which were hidden

The image shows isSupply set to No and the chart is expanded to 2023 to show Enddate of 20221231 used

# Manual display of a single supply or demand cloud
#

input showCloud = yes;

input Startdate = 20221215;
input Starttime = 1030;
input Enddate = 20221231;
input recLow = 4000;
input recHigh = 4100;
input isSupply = yes;

def sDate = if Between(GetYYYYMMDD(), Startdate, Enddate) then 1 else Double.NaN;
def sTime = SecondsFromTime(Starttime) == 0;
def rLow = if sDate and sTime then recLow else rLow[1];
def rHigh = if sDate and sTime then recHigh else rHigh[1];
plot rhigh1 = rHigh;
plot rLow1 = rLow;
rhigh1.SetHiding(yes);
rLow1.SetHiding(yes);

AddCloud(if showCloud and isSupply then rhigh1 else Double.NaN, rLow1, Color.GREEN, Color.GREEN);
AddCloud(if showCloud and !isSupply then rhigh1 else Double.NaN, rLow1, Color.RED, Color.RED);

#

 

[stockdaddy]

sDate was redefined using the between function which included Endate
sTime was redefined using secondsfromtime() function as gettime() cannot be used with the input Starttime
rlow and rhigh were defined starting at sDate and sTime and were extended by the recursives rlow[1] and rhigh[1]
As TOS does not allow recursives in the addcloud function rLow1 and rHigh1 were defined as plots which were hidden

The image shows isSupply set to No and the chart is expanded to 2023 to show Enddate of 20221231 used

I can't thank you enough! You've taught an old dog a new trick

 

[TapthatAsk]

I can't thank you enough! You've taught an old dog a new trick

What are you using this to see exactly? The high and low of a specified range within a specified timeframe? More so like support and resistance?

Oh ok, yea I know it's a difference but many people seem to think they're the same for some weird strange reason, I too take the time to draw them but it's time consuming going through the time-frames to find them if you're reading multiple tickers. I was trying to understand the code from reading it but was a little lost behind the logic which determines if in fact the box drawn is a S&D zone... Is it based off of past brutal rejections on larger time-frames?

So with your indicator here, when the boxes are drawn what determines it? Is it being drawn based off of an imbalance? Wondering about the logic behind this indicator since I didn't see it in the code. What is the indicator based off of to create the S&D zones?

 

[stockdaddy]

What are you using this to see exactly? The high and low of a specified range within a specified timeframe? More so like support and resistance?

I'm using it to draw supply and demand zones, which are different than support/resistance lines. I could just use the "rectangle" tool to draw them but eventually I want to expand the code to allow input of say five different supply zones and five different demand zones. At that point it will be easier to use the "inputs" from a study as opposed to manually drawing each zone.

There are numerous factors that go into identifying "proper" supply/demand zones. I have read most of the books on it and have been practicing drawing the zones for many months now. I only trade /ES futures based on the daily, 1-Hr and 30 min charts which helps me focus my time. You're correct that if you are trying to identify zones for more than five stocks then you have to really spend some time.

I hope that answers your question.

 

[MerryDay]

@TapthatAsk​

1. Supply & Demand data (buying and selling volume) is not available on the ToS platform.​

There is no coding related to supply and demand in this thread. There is no volume imbalance code,​

This is a simple script to create a manual cloud.​

2. The cloud is drawn based on information collected from across the web:​

Numerous factors that go into identifying "proper" supply/demand zones. I have read most of the books on it and have been practicing drawing the zones for many months now.​

For more information: there are many great books on how to do your own Supply / Demand Zone Analysis.