Simple Symbol Mapping Label

john5788

New member
Hello,

I'm trying to write a simple study that adds a label that decodes/maps symbols to names and I'm having trouble with the syntax/rules of thinkscript.

Code:
def currentSymbol = GetSymbol();
def label;

switch (currentSymbol)
{
    case "XLK":
        label = "Technology";
}

addLabel(1, label, color.Light_Gray);

I just need a nudge in the right direction on why I'm getting the following errors:

Code:
currentSymbol is not a valid enum input -  at 4:9
Expected double at 1:5
Incompatible parameter: "Technology" at 7:9
Expected double at 7:9

I need this because I have a 4x3 grid of all ETFs I'm interested in watching and they become so small the names don't show up. To get around that, I want to simply paint a label onto the chart.
 
@john5788 Part of the error code you are getting is due to not having a proper switch input, and I also dont think GetSymbol() can be used as a input selection. But why not do something simpler like a basic label?

Code:
AddLabel(1, if GetSymbol() == "XLY" then "Cyclicals"
         else if GetSymbol() == "XLK" then "Technology"
         else if GetSymbol() == "XLI" then "Industrials"
         else if GetSymbol() == "XLB" then "Materials"
         else if GetSymbol() == "XLE" then "Energy"
         else if GetSymbol() == "XLP" then "Staples"
         else if GetSymbol() == "XLV" then "Health Care"
         else if GetSymbol() == "XLU" then "Utilities"
         else if GetSymbol() == "XLF" then "Financials"
         else if GetSymbol() == "XTL" then "Communications"
         else if GetSymbol() == "XLRE" then "Real Estate"
         else "Not A Sector ETF", Color.WHITE);
 
Last edited:

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
243 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