thinkScript Reference Other Data or Studies

[SugarTrader]

I'm building my own indicator but I need to reference other custom studies in thinkscript. What would be the function for that? I know it is super easy to define an alert based on condition of 2 or more indicators.

For example, Alert is true if:

• indicatorA is true AND
• indicatorB > x AND
• indicatorC < y

But instead of notification from alerts, I would like to write and indicator/study that will visually place a mark (an arrow for example) on chart while the conditions of my 3 indicators are met. I try writing it but it seems that TOS does not recognized my custom indicators when I want to "call" them. Any idea how to fix it?

Thank you

 

[BenTen]

@quijanoj44 You can build multiple conditions for your scanner. There is no problem with that.

 

[quijanoj44]

@quijanoj44 You can build multiple conditions for your scanner. There is no problem with that.

As a scanner, ok. I thought it was possible, somehow by coding into ThinkScript. Thanks

 

[rad14733]

As a scanner, ok. I thought it was possible, somehow by coding into ThinkScript. Thanks

Sure, you can do the same thing from within a Study by using reference... But, as @BenTen referred to, it can be easier to compile the code you would use in a Study from within the Scanner... You could just as easily use the Conditional Editor with the Study Panel but I find it easier to Bounce over into the Scanner, compile the code, and then Copy & Paste it into the Study code... Your choice in how to do it... Most of the time I can just write the reference code by looking up the Study or Function I want to use in the TOS Learning Center...

In everyday coding we do this all the time... For example, ExpAverage(close, 9) is actually a reference to the ExpAverage() function... But SimpleMovingAvg() that you've seen in Studies is actually a reference to another Study named SimpleMovingAvg... Sometimes the word reference is implicit, meaning it doesn't need to be written while other times it is required... One problem to note is that you cannot reference a Non-Licensed Study from within a Study, but you can call them from within the Scanner...

Hope this helps...

 

[quijanoj44]

Sure, you can do the same thing from within a Study by using reference... But, as @BenTen referred to, it can be easier to compile the code you would use in a Study from within the Scanner... You could just as easily use the Conditional Editor with the Study Panel but I find it easier to Bounce over into the Scanner, compile the code, and then Copy & Paste it into the Study code... Your choice in how to do it... Most of the time I can just write the reference code by looking up the Study or Function I want to use in the TOS Learning Center...

In everyday coding we do this all the time... For example, ExpAverage(close, 9) is actually a reference to the ExpAverage() function... But SimpleMovingAvg() that you've seen in Studies is actually a reference to another Study named SimpleMovingAvg... Sometimes the word reference is implicit, meaning it doesn't need to be written while other times it is required... One problem to note is that you cannot reference a Non-Licensed Study from within a Study, but you can call them from within the Scanner...

Hope this helps...

got it, thank you @rad14733

 

[Samus Aran]

How do I reference the DOM in thinkscript?

The only way I currently know how to reference the Bid/Ask of a current candle strick is by

def ASK = tick_count(priceType = PriceType.ASK , period = AggregationPeriod.FIFTEEN_MIN);
def BID = tick_count(priceType = PriceType.BID , period = AggregationPeriod.FIFTEEN_MIN);

but I would like to pair each Bid or Ask to the price that the limit order is based off of from the DOM

Thanks for anyone that helps!

 

[BenTen]

@Samus Aran I don't think that is possible. You can't really reference data from the DOM other than using the "PriceType" example you used above.

 

[HDP]

@BenTen you keep referring to license study. if I understand you right, you're referring to all locked study as License studies. also is there a limit to the number that can be referring in a study. Using the RSI study as example, if I want to change the input fast to .26 and slow to .60 and keep the Oversold and bought as is, could and how would I do that. as to reference format

 

[MerryDay]

@BenTen you keep referring to license study. if I understand you right, you're referring to all locked study as License studies. also is there a limit to the number that can be referring in a study. Using the RSI study as example, if I want to change the input fast to .26 and slow to .60 and keep the Oversold and bought as is, could and how would I do that. as to reference format

https://usethinkscript.com/threads/reference-syntax-and-indicator-settings-in-thinkorswim.5022/

 

[HDP]

thanks @MerryDay