ThinkorSwim showing N/A on a bubble or label

C

cabe1332

Active member
Hi All,

I usually find what I look for or the solution to my problem, but I getting a headache searching or working on the small problem. This is my first asking/posting for help.

When trading or scalping, I usually focus on the current candle. I thought it would be easier if I see a live/real-time bubble on the current candle with the price, p/l, and my target percent gain/exit in mind. I also added a momentum indicator that would help me exit and determine to stay long. The bubble turns green if buy and red if sell on the last trade sale. I am happy with it and it does help.

Now, my issue is the pisky "N/A". This only shows on the percent column when I do not own the position. The data is filled when I own the position. Can someone give me some ideas to fix or solutions for my issue, please?

Below is my code for P/L and some screenshots. If you have any questions, let me know. Thank you in advance.

Code: 
# Label if Profiting or Losing
# cabe1332

def GetOpenPL = GetOpenPL();
def GetAveragePrice = GetAveragePrice();
def AvgPrice = if GetAveragePrice != 0 then close - GetAveragePrice else 0;

AddLabel(yes, " P/L: $ " + Round(GetOpenPL) + " | "
+ (round((AvgPrice/GetAveragePrice)*100,2) + " %") # This shows N/A if you don't own the position, want it to be 0.
, if GetOpenPL >= 0 then Color.green else Color.red);
 
Last edited by a moderator:
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@cabe1332 - Here's something that shows zero, you can delete the quantity value if you wish.

Code: 
def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;

AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);
 
Upvote 0 Downvote
Pensar said:
@cabe1332 - Here's something that shows zero, you can delete the quantity value if you wish.

Code: 
def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;

AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);
Click to expand...

@Pensar Thank you for the updated code. It worked. A "0%" is better to look at than "N/A". Thanks again. cabe1332
 
Last edited by a moderator:
Upvote 0 Downvote
Hey @cabe1332 would you mind sharing the complete code for this? I cant for the life of me get the add chart bubble to pull from the defs. This is what I have so far using what @Pensar posted as a base.

Code: 
#Profit or Loss Current Candle

#Start of Code

def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;

AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);

def LastBar = !IsNaN(close) and IsNaN(close[-1] ) ;

addChartBubble( LastBar, close, "PL");

#End of Code
 
Last edited by a moderator:
Upvote 0 Downvote
Therival said:
Hey @cabe1332 would you mind sharing the complete code for this? I cant for the life of me get the add chart bubble to pull from the defs. This is what I have so far using what @Pensar posted as a base.

Code: 
#Profit or Loss Current Candle

#Start of Code

def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;

AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);

def LastBar = !IsNaN(close) and IsNaN(close[-1] ) ;

addChartBubble( LastBar, close, "PL");

#End of Code
Click to expand...

Hi @Therival, sure I can share. Below you'll find a strip-down code and screenshot I use for my futures bubble chart. You'll find the momentum "MoMo" indicator value is very useful where it can help with decisions either to stay long on a stock or looking for a swing trade. On a daily chart, use it with Blast Off and the MoMo value will help you how active the stock on that day.

Good luck!

cabe1332

# FuturesMoMOBubbleChart
# Bubble on the chart with current bar candle and price with momentum value
# cabe1332 20210303

# Start code

# bubble for current bar
input barsBack = 0;
input price = close;
def bn = BarNumber();
def currentBar = HighestAll(if !IsNaN(price) then bn else Double.NaN);

#MOMENTUM
input lengthmo = 5;
def c = close;
def Momentum = c - c[lengthmo];
def NegMomentum = c - c[lengthmo];;
def mopos = if Momentum >= 0 then 3 else 2;
def moneg = if Momentum < 0 then 3 else 2;
def MoMo = if Momentum >= 0 then momentum else if Momentum < 0 then NegMomentum else double.nan;
def MoMoInd = round(MoMo)* 100;

addChartBubble(bn == currentBar - barsBack, close, "$ " + round(close,4) + " | Momo " + MoMoInd,
# background color
if price >= price[1] then color.green else color.light_red);

# end of code
 
Last edited by a moderator:
Upvote 1 Downvote
cabe1332 said:
Hi @Therival, sure I can share. Below you'll find a strip-down code and screenshot I use for my futures bubble chart. You'll find the momentum "MoMo" indicator value is very useful where it can help with decisions either to stay long on a stock or looking for a swing trade. On a daily chart, use it with Blast Off and the MoMo value will help you how active the stock on that day.

Good luck!

cabe1332

# FuturesMoMOBubbleChart
# Bubble on the chart with current bar candle and price with momentum value
# cabe1332 20210303

# Start code

# bubble for current bar
input barsBack = 0;
input price = close;
def bn = BarNumber();
def currentBar = HighestAll(if !IsNaN(price) then bn else Double.NaN);

#MOMENTUM
input lengthmo = 5;
def c = close;
def Momentum = c - c[lengthmo];
def NegMomentum = c - c[lengthmo];;
def mopos = if Momentum >= 0 then 3 else 2;
def moneg = if Momentum < 0 then 3 else 2;
def MoMo = if Momentum >= 0 then momentum else if Momentum < 0 then NegMomentum else double.nan;
def MoMoInd = round(MoMo)* 100;

addChartBubble(bn == currentBar - barsBack, close, "$ " + round(close,4) + " | Momo " + MoMoInd,
# background color
if price >= price[1] then color.green else color.light_red);

# end of code


CfD0N02.png


1YiXEs7.png


2o4MER3.png
Click to expand...

Awesome, thank you very much it looks great. Now I just need to decode the addchartbubble that thing is my bane haha.
 
Upvote 0 Downvote
Here is the code me and my buddy came up with for anyone that stumbles on this and wants the same thing.

Since @rad14733 asked my general strategy is using the HMA, along with EMA 8 and 21 cross overs that I have set to a buy or sell indicator along with cloud strength to show buying and selling trend. I have been scalping GME the past week with this and any time 2/3 indicators show buy or sell I enter or exit a trade. For a long time I only used the HMA and have been very successful with scalping but since I have added these other two indicators it allows me to "confirm" the trend so to speak.

https://imgur.com/a/ZNdei04

Code: 
# Profit or Loss Current Candle
#Base Code provided by Pensar
#Modified by Therival and DoubleJinx

# Start of Code

# defs
def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;
def qty = GetQuantity();

# label
AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);

# bubble for current bar
input barsBack = 0;
input price = close;
def bn = BarNumber();
def currentBar = HighestAll(if !IsNaN(price) then bn else Double.NaN);

#P/L Chart Bubble
addChartBubble(bn == currentBar - barsBack, close, AsDollars(PL) + "| " + AsPercent(PercentChg) + "|" + qty,

# background color
if PercentChg >= 0 then color.green else color.light_red);
 
Last edited:
Upvote 0 Downvote
cabe1332 said:
Hi @Therival, sure I can share. Below you'll find a strip-down code and screenshot I use for my futures bubble chart. You'll find the momentum "MoMo" indicator value is very useful where it can help with decisions either to stay long on a stock or looking for a swing trade. On a daily chart, use it with Blast Off and the MoMo value will help you how active the stock on that day.

Good luck!

cabe1332

# FuturesMoMOBubbleChart
# Bubble on the chart with current bar candle and price with momentum value
# cabe1332 20210303

# Start code

# bubble for current bar
input barsBack = 0;
input price = close;
def bn = BarNumber();
def currentBar = HighestAll(if !IsNaN(price) then bn else Double.NaN);

#MOMENTUM
input lengthmo = 5;
def c = close;
def Momentum = c - c[lengthmo];
def NegMomentum = c - c[lengthmo];;
def mopos = if Momentum >= 0 then 3 else 2;
def moneg = if Momentum < 0 then 3 else 2;
def MoMo = if Momentum >= 0 then momentum else if Momentum < 0 then NegMomentum else double.nan;
def MoMoInd = round(MoMo)* 100;

addChartBubble(bn == currentBar - barsBack, close, "$ " + round(close,4) + " | Momo " + MoMoInd,
# background color
if price >= price[1] then color.green else color.light_red);

# end of code


CfD0N02.png


1YiXEs7.png


2o4MER3.png
Click to expand...
How to make red and orange color when trend up and red when down?
Is this using EMA?
 
Upvote 0 Downvote
Michael Kim said:
How to make red and orange color when trend up and red when down?
Is this using EMA?
Click to expand...
@Michael Kim try the ema50 code. below It will provide you the answer and get your feet *** in coding.

# EMA50 plot and label
# @cab1332

#code start
input price = close;
input length = 50;
input displace = 0;

plot EMA50 = MovingAverage(AverageType.eXPONENTIAL, price, length)[-displace];

EMA50.DefineColor("Up", color.green);
EMA50.DefineColor("Down", color.red);
EMA50.AssignValueColor(if EMA50 > EMA50[1] then EMA50.color("Up") else EMA50.color("Down"));

addlabel(Yes," ", Color.orange);
addlabel(Yes,"50EMA = " + round(emA50,2), if price > ema50 then Color.GREEN else Color.RED);
# code end
 
Upvote 0 Downvote
Hi! I am testing this MOMO and EMA. What are the meaning of the numbers on the MOMO and EMA bubble? What are their range and significance? This will help me to better maximize its use. Thanks in advance for your response.
 
Last edited by a moderator:
Upvote 0 Downvote
I think Wizedon may have been referring to was, what unit of measure does a momo of say 650 represent. Or is it simply one number on a scale of say, 1000? I'd like to know that myself. Thanks.
 
Upvote 0 Downvote
mikep said:
I think Wizedon may have been referring to was, what unit of measure does a momo of say 650 represent. Or is it simply one number on a scale of say, 1000? I'd like to know that myself. Thanks.
Click to expand...
It is not a unit of measurement. It is the standard definition of momentum. It is result of the equation: close - close from 5 bars ago.
The bigger the number the greater the momentum.
 
Last edited:
Upvote 0 Downvote
cabe1332 said:
@Michael Kim try the ema50 code. below It will provide you the answer and get your feet *** in coding.

# EMA50 plot and label
# @cab1332

#code start
input price = close;
input length = 50;
input displace = 0;

plot EMA50 = MovingAverage(AverageType.eXPONENTIAL, price, length)[-displace];

EMA50.DefineColor("Up", color.green);
EMA50.DefineColor("Down", color.red);
EMA50.AssignValueColor(if EMA50 > EMA50[1] then EMA50.color("Up") else EMA50.color("Down"));

addlabel(Yes," ", Color.orange);
addlabel(Yes,"50EMA = " + round(emA50,2), if price > ema50 then Color.GREEN else Color.RED);
# code end
Click to expand...
How would you make this same thing for the SMA? Thanks!

Andy
 
Upvote 0 Downvote
Andygray8 said:
How would you make this same thing for the SMA? Thanks!

Andy
Click to expand...
Ruby: 
# SMA plot and label

#code start
input price = close;
input length = 50;
input displace = 0;

plot SMA1 = MovingAverage(AverageType.simple, price, length)[-displace];

SMA1.DefineColor("Up", color.green);
SMA1.DefineColor("Down", color.red);
SMA1.AssignValueColor(if SMA1 > SMA1[1] then SMA1.color("Up") else SMA1.color("Down"));

addlabel(Yes," ", Color.orange);
addlabel(Yes,"50EMA = " + round(SMA1,2), if price > SMA1 then Color.GREEN else Color.RED);
# code end
 
Upvote 0 Downvote
Pensar said:
@cabe1332 - Here's something that shows zero, you can delete the quantity value if you wish.

Code: 
def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;

AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);
Click to expand...
Therival said:
Here is the code me and my buddy came up with for anyone that stumbles on this and wants the same thing.

Since @rad14733 asked my general strategy is using the HMA, along with EMA 8 and 21 cross overs that I have set to a buy or sell indicator along with cloud strength to show buying and selling trend. I have been scalping GME the past week with this and any time 2/3 indicators show buy or sell I enter or exit a trade. For a long time I only used the HMA and have been very successful with scalping but since I have added these other two indicators it allows me to "confirm" the trend so to speak.

https://imgur.com/a/ZNdei04

Code: 
# Profit or Loss Current Candle
#Base Code provided by Pensar
#Modified by Therival and DoubleJinx

# Start of Code

# defs
def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;
def qty = GetQuantity();

# label
AddLabel(1, "Qty: " + GetQuantity() +
         " | P/L: " + AsDollars(PL) +
         " | " + AsPercent(PercentChg),
         if PL == 0 then Color.CYAN
         else if PL > 0 then Color.GREEN
         else Color.DARK_ORANGE);

# bubble for current bar
input barsBack = 0;
input price = close;
def bn = BarNumber();
def currentBar = HighestAll(if !IsNaN(price) then bn else Double.NaN);

#P/L Chart Bubble
addChartBubble(bn == currentBar - barsBack, close, AsDollars(PL) + "| " + AsPercent(PercentChg) + "|" + qty,

# background color
if PercentChg >= 0 then color.green else color.light_red);
Click to expand...
Hi Guys @Pensar @Therival @DoubleJinx. I have been using your code (see below) and I find this invaluable, however I recently sold a position because I saw a Green background however it was -0.4% down, (no biggy because I am still testing stuff along with your code). I understand the delay of broker, market maker, etc. can play a big role but wondered if you have improved this great label you guys have worked on? I did a (small 1.2mb) annotated movie showing the problems, but I am not sure how to put it up here if I can.

Here's the code...

# Profit or Loss Current Candle
#Base Code provided by Pensar
#Modified by Therival and DoubleJinx

# Start of Code

# defs
def PL = GetOpenPL();
def Entry = if IsNaN(GetAveragePrice()) then Entry[1] else GetAveragePrice();
def LastEntryBar = if Entry != Entry[1] then BarNumber() else LastEntryBar[1];
def PercentChg = if Entry then (close - Entry) / Entry else 0;
def qty = GetQuantity();

# label
AddLabel(1, "Qty: " + GetQuantity() +
" | Avg$ " + GetAveragePrice()+
" | P/L: " + AsDollars(PL) +
" | " + AsPercent(PercentChg),
if PL == 0 then Color.WHITE
else if PL > 0.01 then Color.GREEN
else Color.Light_Red);


# bubble for current bar
input barsBack = 0;
input price = close;
def bn = BarNumber();
def currentBar = HighestAll(if !IsNaN(price) then bn else Double.NaN);
 
Last edited by a moderator:
Upvote 0 Downvote
IHopeToLearn said:
Hi Guys @Pensar @Therival @DoubleJinx. I have been using your code (see below) and I find this invaluable, however I recently sold a position because I saw a Green background however it was -0.4% down, (no biggy because I am still testing stuff along with your code). I understand the delay of broker, market maker, etc. can play a big role but wondered if you have improved this great label you guys have worked on?
Click to expand...

You didn't provide enough information to say where you went astray.
The color of the label denoting gain or loss in the script comes from the function GetOpenPL() which
Returns the Open Profit/Loss value for a specified symbol
Click to expand...

If your loss was due to an adjustment in your cost basis; you can rectify that as follows:
replace this statement:
Ruby: 
def PL = GetOpenPL();
with these statements:
Ruby: 
input PLMode = ProfitLossMode.COST_BASIS;
plot PL = GetOpenPL(profitLossMode = PLMode);
read more: https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Portfolio/GetOpenPL
 
Last edited:
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