TI_MarketPulse Scan, Label, Alerts, MTF

[shanc]

@Necr0sis Pls send a screenshot as I've shown below. Script works fine for me.

 

[Necr0sis]

Mine looks identical. I see how this works now, sorry for the silly question.

https://imgur.com/R39wHng

I just looked at the code and noticed that I have to go by the color of the aggregation label. I thought it would write it all out (like Distribution, etc.)

I appreciate your time.

 

[shanc]

Hehe. No worries @Necr0sis. Happens to every one of us. . You have a great day.

 

[liminal-rider]

Hello, I wish to add input to show or not show labels in the below script. Thanks.

input ChartBubblesOn = no;

input price = close;
input length = 10;

def tmp1 = if price > price[1] then price - price[1] else 0;
def tmp2 = if price[1] > price then price[1] - price else 0;
def d2 = sum(tmp1, length);
def d4 = sum(tmp2, length);
def cond = d2 + d4 == 0;
def ad3 = if cond then 0 else (d2 - d4) / (d2 + d4) * 100;
def coeff = 2 / (length + 1) * AbsValue(ad3) / 100;
def asd = compoundValue("visible data" = coeff * price + (if IsNaN(asd[1]) then 0 else asd[1]) * (1 - coeff), "historical data" = price
);
plot VMA = asd;
VMA.setDefaultColor(GetColor(0));

def vwma8 = sum(volume * close, 8) / sum(volume, 8);
def vwma13 = sum(volume * close, 13) / sum(volume, 13);
def vwma34 = sum(volume * close, 34) / sum(volume, 34);

def bullish = if vwma8 > vwma13 and vwma13 > vwma34 then 1 else 0;
def bearish = if vwma8 < vwma13 and vwma13 < vwma34 then 1 else 0;
def distribution = if !bullish and !bearish then 1 else 0;

AddLabel(yes, if bullish then "Stage: Acceleration" else if bearish then "Stage: Deceleration" else if close>=VMA then "Stage: Accumulation" else "Stage: Distribution", if bullish then color.orange else if bearish then color.blue else if close >=VMA then color.black else color.light_GRAY);

VMA.AssignValueColor(if bearish and close<= VMA then color.blue
else if bullish and close >= VMA then color.orange
else color.black);

def accumulationToAcceleration = if (bullish and close>=VMA) then 1 else 0;
AddChartBubble(ChartBubblesOn and accumulationToAcceleration and !accumulationToAcceleration[1], close, "Entering Acceleration", color.blue);

def distributionToDeceleration = if (bearish and close <= VMA) then 1 else 0;
AddChartBubble(ChartBubblesOn and distributionToDeceleration and !distributionToDeceleration[1], close, "Entering Deceleration", color.orange);

 

[BenTen]

@liminal-rider Look for the following snippet in the code:

AddLabel(yes, if bullish then "Stage: Acceleration" else if bearish then "Stage: Deceleration" else if close>=VMA then "Stage: Accumulation" else "Stage: Distribution", if bullish then color.orange else if bearish then color.blue else if close >=VMA then color.black else color.light_GRAY);

Remove it and add the following to the bottom of your script:

input labels = yes;
AddLabel(yes and labels, if bullish then "Stage: Acceleration" else if bearish then "Stage: Deceleration" else if close>=VMA then "Stage: Accumulation" else "Stage: Distribution", if bullish then color.orange else if bearish then color.blue else if close >=VMA then color.black else color.light_GRAY);

 

[liminal-rider]

BenTen, thank you very much.

-JP

 

[cabe1332]

Customized Market Pulse For ThinkOrSwim

# cabe1332 20210115_1700
# I have made some modifications customize to my needs and requirements.
# Credit to team TOSindicators [URL]https://tosindicators.com/indicators[/URL]
# Market Pulse, a powerful tool that lets you identify which one of the four market stages ( accumulation, distribution, acceleration) we are currently in.
# It uses Moving Average along with Volume Weighted Moving Averages to try and identify which one of the four market stages.
# I've added Stage Label, indicator bubbles on a plotline that indicates buying increase/decrease (V+/V- bubble) with the price on which candle.

# start of code

input price = close;
input length = 9;

def tmp1 = if price > price[1] then price - price[1] else 0;
def tmp2 = if price[1] > price then price[1] - price else 0;
def d2 = sum(tmp1, length);
def d4 = sum(tmp2, length);
def cond = d2 + d4 == 0;
def ad3 = if cond then 0 else (d2 - d4) / (d2 + d4) * 100;
def coeff = 2 / (length + 1) * AbsValue(ad3) / 100;
def asd = compoundValue("visible data" = coeff * price + (if IsNaN(asd[1]) then 0 else asd[1]) * (1 - coeff), "historical data" = price);

plot VMA = asd;
VMA.setDefaultColor(GetColor(0));

def vma8 = sum(volume * close,8) / sum(volume,8);
def vma21 = sum(volume * close,21) / sum(volume,21);
def vma34 = sum(volume * close,34) / sum(volume,34);

def bullish = if vma8 > vma21 and vma21 > vma34 then 1 else 0;
def bearish = if vma8 < vma21 and vma21 < vma34 then 1 else 0;
def distribution = if !bullish and !bearish then 1 else 0;

AddLabel(yes, if bullish then "Stage: Accelerating " else if bearish then "Stage: Decelerating " else if close >= VMA then "Stage: Accumulation " else "Stage: Distribution ", if bullish then color.green else if bearish then color.red else if close >= VMA then color.yellow else color.orange);

VMA.assignValueColor(if bearish and close<= VMA then color.red else if bullish and close >= VMA then color.green else color.gray);

def accumulationtoaccelation = if (bullish and close>=VMA) then 1 else 0;
def distributiontoacceleration = if (bearish and close <= VMA) then 1 else 0;

AddChartBubble(accumulationtoaccelation and !accumulationtoaccelation[1] and close <= close[1], close, "V+ " + round(close,2), color.light_green);
AddChartBubble(distributiontoacceleration and !distributiontoacceleration[1] and close <= close[1], close, "V- " + round(close,2), color.light_orange);

def accelationtoaccumulation = if (bullish and close<=VMA) then 1 else 0;
AddChartBubble(accelationtoaccumulation and !accelationtoaccumulation[1], close, "Accum", color.light_gray);

def distributiontoaccumulationton = if (bearish and close>=VMA) then 1 else 0;
AddChartBubble(distributiontoaccumulationton and !distributiontoaccumulationton[1], close, "Dist", color.light_gray);

# end of code

 

[btran99]

Customized Market Pulse For ThinkOrSwim

# cabe1332 20210115_1700
# I have made some modifications customize to my needs and requirements.
# Credit to team TOSindicators [URL]https://tosindicators.com/indicators[/URL]
# Market Pulse, a powerful tool that lets you identify which one of the four market stages ( accumulation, distribution, acceleration) we are currently in.
# It uses Moving Average along with Volume Weighted Moving Averages to try and identify which one of the four market stages.
# I've added Stage Label, indicator bubbles on a plotline that indicates buying increase/decrease (V+/V- bubble) with the price on which candle.

# start of code

input price = close;
input length = 9;

def tmp1 = if price > price[1] then price - price[1] else 0;
def tmp2 = if price[1] > price then price[1] - price else 0;
def d2 = sum(tmp1, length);
def d4 = sum(tmp2, length);
def cond = d2 + d4 == 0;
def ad3 = if cond then 0 else (d2 - d4) / (d2 + d4) * 100;
def coeff = 2 / (length + 1) * AbsValue(ad3) / 100;
def asd = compoundValue("visible data" = coeff * price + (if IsNaN(asd[1]) then 0 else asd[1]) * (1 - coeff), "historical data" = price);

plot VMA = asd;
VMA.setDefaultColor(GetColor(0));

def vma8 = sum(volume * close,8) / sum(volume,8);
def vma21 = sum(volume * close,21) / sum(volume,21);
def vma34 = sum(volume * close,34) / sum(volume,34);

def bullish = if vma8 > vma21 and vma21 > vma34 then 1 else 0;
def bearish = if vma8 < vma21 and vma21 < vma34 then 1 else 0;
def distribution = if !bullish and !bearish then 1 else 0;

AddLabel(yes, if bullish then "Stage: Accelerating " else if bearish then "Stage: Decelerating " else if close >= VMA then "Stage: Accumulation " else "Stage: Distribution ", if bullish then color.green else if bearish then color.red else if close >= VMA then color.yellow else color.orange);

VMA.assignValueColor(if bearish and close<= VMA then color.red else if bullish and close >= VMA then color.green else color.gray);

def accumulationtoaccelation = if (bullish and close>=VMA) then 1 else 0;
def distributiontoacceleration = if (bearish and close <= VMA) then 1 else 0;

AddChartBubble(accumulationtoaccelation and !accumulationtoaccelation[1] and close <= close[1], close, "V+ " + round(close,2), color.light_green);
AddChartBubble(distributiontoacceleration and !distributiontoacceleration[1] and close <= close[1], close, "V- " + round(close,2), color.light_orange);

def accelationtoaccumulation = if (bullish and close<=VMA) then 1 else 0;
AddChartBubble(accelationtoaccumulation and !accelationtoaccumulation[1], close, "Accum", color.light_gray);

def distributiontoaccumulationton = if (bearish and close>=VMA) then 1 else 0;
AddChartBubble(distributiontoaccumulationton and !distributiontoaccumulationton[1], close, "Dist", color.light_gray);

# end of code

is this base on vma= 10 (days)? if not what line do I change on the script? thks.

 

[MerryDay]

is this base on vma= 10 (days)? if not what line do I change on the script? thks.

change length to 10 on a daily chart.

 

[mrtreasures]

Is there a way to make some of these indicators work with forex, I find many great indicators I use for equities don't work on forex?? Is there something I should be looking up to change in some of these scripts??

 

[MerryDay]

Is there a way to make some of these indicators work with forex, I find many great indicators I use for equities don't work on forex?? Is there something I should be looking up to change in some of these scripts??

Forex lacks a centralized marketplace therefore therefore volume data cannot be collected.
Therefore, no indicator that uses volume as a variable will work with Forex.

 

[mrtreasures]

@MerryDay thank you for the information, I'm fairly new to forex, I really like it, love the price action and scalping, its been pretty simple using a 5 lot and just simple going for 15 pips on swing and lows!! I don't know if your a forex trader but any heads up on indicators would be greatly appreciated!!

 

[MerryDay]

@MerryDay thank you for the information, I'm fairly new to forex, I really like it, love the price action and scalping, its been pretty simple using a 5 lot and just simple going for 15 pips on swing and lows!! I don't know if your a forex trader but any heads up on indicators would be greatly appreciated!!

The Top Indicators are the same across instruments:
https://www.nirmalbang.com/knowledge-center/forex-indicators.html