Some questions about capability of ThinkScrpt

[skybasu]

Hi All,

I am new in the forum and looking forward to some meaningful discussions here.

Though I am using ThinkOrSwim as trading platform for the last few years, I have not used ThinkScript yet. Now I am interested to use it to automate some of the trading processes. I have pretty good understanding of programming. I have some questions before I commit my time and effort in learning ThinkScript. I'll really appreciate if I can get some clarity on these questions.

1. Does ThinkScript allow call to external REST API function calls?
2. Does ThinkScript allow exposing any of its user defined function as REST API for an external application to call?
3. Does ThinkScript allow to get ask/ bid prices in real time for options for a given symbol, expiration, strike and type (call/ put)?
4. Does ThinkScript allow to get historical ask/ bid prices for options for a given symbol, historical date/time, expiration, strike and type (call/ put)?
5. Does ThinkScript allow submitting open and close orders at a particular day/ time any day?
6. Is there a built-in database support in ThinkScript?
7. Is there a built-in Excel (alternativel CSV) support in ThinkScript? I am looking for more than export to Excel functionality that ThinkOrSwim supports.

Regards

Sky Basu

 

[halcyonguy]

Hi All,

I am new in the forum and looking forward to some meaningful discussions here.

Though I am using ThinkOrSwim as trading platform for the last few years, I have not used ThinkScript yet. Now I am interested to use it to automate some of the trading processes. I have pretty good understanding of programming. I have some questions before I commit my time and effort in learning ThinkScript. I'll really appreciate if I can get some clarity on these questions.

1. Does ThinkScript allow call to external REST API function calls?
2. Does ThinkScript allow exposing any of its user defined function as REST API for an external application to call?
3. Does ThinkScript allow to get ask/ bid prices in real time for options for a given symbol, expiration, strike and type (call/ put)?
4. Does ThinkScript allow to get historical ask/ bid prices for options for a given symbol, historical date/time, expiration, strike and type (call/ put)?
5. Does ThinkScript allow submitting open and close orders at a particular day/ time any day?
6. Is there a built-in database support in ThinkScript?
7. Is there a built-in Excel (alternativel CSV) support in ThinkScript? I am looking for more than export to Excel functionality that ThinkOrSwim supports.

Regards
Sky Basu

hello,
1.no
2.no
3.yes
4.yes
5.no
6.no
7.no

thinkscript can't import or export. it can't place orders. some code can be manually added as rules in an order.
tradingview pine has an areay function. thinkscript doesn't have array or database capabilities.

i haven't used the TD API. it may be able to do what you want.


https://tlc.thinkorswim.com/center/reference/thinkScript/tutorials

https://developer.tdameritrade.com/apis

 

[skybasu]

hello,
1.no
2.no
3.yes
4.yes
5.no
6.no
7.no

thinkscript can't import or export. it can't place orders. some code can be manually added as rules in an order.
tradingview pine has an areay function. thinkscript doesn't have array or database capabilities.

i haven't used the TD API. it may be able to do what you want.


https://tlc.thinkorswim.com/center/reference/thinkScript/tutorials

https://developer.tdameritrade.com/apis

Hi @halcyonguy, thank you for your prompt response. Based on your response about the functionality of ThinkScript, its primary usage is to create various technical indicator not to automate trading.

You mentioned TradingView Pine scripting. By any chance, do you know the answers to these questions for Pine? Or any other programmable platform which has answer to these questions as 'Yes'?

Once again really appreciate your help and support.

 

[halcyonguy]

Hi @halcyonguy, thank you for your prompt response. Based on your response about the functionality of ThinkScript, its primary usage is to create various technical indicator not to automate trading.

You mentioned TradingView Pine scripting. By any chance, do you know the answers to these questions for Pine? Or any other programmable platform which has answer to these questions as 'Yes'?

Once again really appreciate your help and support.

regarding pine, i do not know what it is capable of. i haven't used it. it is the only other language i have looked at, having converted some pine scripts to thinkscript.