Time Segmented Volume for ThinkorSwim

[SolidChiken]

After read the following article, I'm intrigued by the indicator called TSV. It was designed by Don Worden. An indicator that could reveal and disseminate large-lot vs. small-lot activity. The writer gave a very good explanation about the usage. Anyone here can help where to find TSV code? I've been searching for it a few days.

Here's the page: https://www.traderplanet.com/time-segmented-volume-the-ideal-oscillator-for-automated-markets/

 

[MoreFunn]

Question is it possible to adjust the TSV to be used on price instead of underneath? I am struggling to create it. Looking to make it more like dyno trading vol.
@BenTen
TIA

 

[Glefdar]

Try this.

## Time_Segmented_Volume
##
##
## CREDITS
## Requested by @squatsandstonks from orignal source https://www.tradingview.com/chart/BTCUSD/TG3DTxTR-INDICATOR-TIME-SEGMENTED-VOLUME/
##
##
## Removing the header Credit credits and description is not permitted, any modification needs to be shared.
##
##
## V 1.0 :    @cos251 - Initial release per request from usethinkscript forum.  All logic has not been ported, only base idea
##       :  

declare lower;

input tsvLength = 13;
input maLength = 7;

def t = Sum(if close > close[1] then (volume * (close-close[1])) else if close < close[1] then (volume *(close-close[1])) else 0,tsvLength);
def m = MovingAverage(AverageType.SIMPLE,t,maLength);

def PAL = (t > m) and (t > 0);
def PAL_Fail = (t < m) and (t > 0);
def PAS = (t <m) and (t < 0);
def PAS_Fail = (t > m) and (t < 0);

plot TSV = t;
TSV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TSV.AssignValueColor(if TSV > 0 then Color.MAGENTA else Color.CYAN);
TSV.SetLineWeight(4);
plot TSV_MA = m;
TSV_MA.SetDefaultColor(Color.GREEN);
plot zero = 0;


plot square = 0;
square.SetPaintingStrategy(PaintingStrategy.SQUARES);
square.SetDefaultColor(Color.DARK_GRAY);
square.AssignValueColor(if PAL then Color.GREEN else if PAL_Fail then Color.RED else if PAS then Color.YELLOW else if PAS_Fail then Color.YELLOW else Color.Current);
square.SetLineWeight(1);

I tried to modify this code to allow for a higher aggregation period to be used on a lower time frame chart (e.g., a two minute period on a one minute chart). I couldn't get it to work. This is what I tried:

## Time_Segmented_Volume
##
##
## CREDITS
## Requested by @squatsandstonks from orignal source https://www.tradingview.com/chart/BTCUSD/TG3DTxTR-INDICATOR-TIME-SEGMENTED-VOLUME/
##
##
## Removing the header Credit credits and description is not permitted, any modification needs to be shared.
##
##
## V 1.0 :    @cos251 - Initial release per request from usethinkscript forum.  All logic has not been ported, only base idea
##       :

declare lower;

input tsvLength = 13;
input maLength = 7;

input agg = "aggregationperiod.two_min";
def t = Sum(if close(period="agg") > close(period="agg")[1] then (volume(period="agg") * (close(period="agg")-close(period="agg")[1])) else if close(period="agg") < close(period="agg")[1] then (volume(period="agg") *(close(period="agg")-close(period="agg")[1])) else 0,tsvLength);


#def t = Sum(if close > close[1] then (volume * (close-close[1])) else if close < close[1] then (volume *(close-close[1])) else 0,tsvLength);
def m = MovingAverage(AverageType.SIMPLE,t,maLength);

def PAL = (t > m) and (t > 0);
def PAL_Fail = (t < m) and (t > 0);
def PAS = (t <m) and (t < 0);
def PAS_Fail = (t > m) and (t < 0);

plot TSV = t;
TSV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TSV.AssignValueColor(if TSV > 0 then Color.MAGENTA else Color.CYAN);
TSV.SetLineWeight(4);
plot TSV_MA = m;
TSV_MA.SetDefaultColor(Color.GREEN);
plot zero = 0;


plot square = 0;
square.SetPaintingStrategy(PaintingStrategy.SQUARES);
square.SetDefaultColor(Color.DARK_GRAY);
square.AssignValueColor(if PAL then Color.GREEN else if PAL_Fail then Color.RED else if PAS then Color.YELLOW else if PAS_Fail then Color.YELLOW else Color.Current);
square.SetLineWeight(1);

Does anyone know why it's not working with this higher time frame modification?

 

[SleepyZ]

I tried to modify this code to allow for a higher aggregation period to be used on a lower time frame chart (e.g., a two minute period on a one minute chart). I couldn't get it to work. This is what I tried:

## Time_Segmented_Volume
##
##
## CREDITS
## Requested by @squatsandstonks from orignal source https://www.tradingview.com/chart/BTCUSD/TG3DTxTR-INDICATOR-TIME-SEGMENTED-VOLUME/
##
##
## Removing the header Credit credits and description is not permitted, any modification needs to be shared.
##
##
## V 1.0 :    @cos251 - Initial release per request from usethinkscript forum.  All logic has not been ported, only base idea
##       :

declare lower;

input tsvLength = 13;
input maLength = 7;

input agg = "aggregationperiod.two_min";
def t = Sum(if close(period="agg") > close(period="agg")[1] then (volume(period="agg") * (close(period="agg")-close(period="agg")[1])) else if close(period="agg") < close(period="agg")[1] then (volume(period="agg") *(close(period="agg")-close(period="agg")[1])) else 0,tsvLength);


#def t = Sum(if close > close[1] then (volume * (close-close[1])) else if close < close[1] then (volume *(close-close[1])) else 0,tsvLength);
def m = MovingAverage(AverageType.SIMPLE,t,maLength);

def PAL = (t > m) and (t > 0);
def PAL_Fail = (t < m) and (t > 0);
def PAS = (t <m) and (t < 0);
def PAS_Fail = (t > m) and (t < 0);

plot TSV = t;
TSV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TSV.AssignValueColor(if TSV > 0 then Color.MAGENTA else Color.CYAN);
TSV.SetLineWeight(4);
plot TSV_MA = m;
TSV_MA.SetDefaultColor(Color.GREEN);
plot zero = 0;


plot square = 0;
square.SetPaintingStrategy(PaintingStrategy.SQUARES);
square.SetDefaultColor(Color.DARK_GRAY);
square.AssignValueColor(if PAL then Color.GREEN else if PAL_Fail then Color.RED else if PAS then Color.YELLOW else if PAS_Fail then Color.YELLOW else Color.Current);
square.SetLineWeight(1);

Does anyone know why it's not working with this higher time frame modification?

You had unnecessary quotation marks in the following. The code in quotes was treated as text name rather than a timeframe.

Replace this

input agg = "aggregationperiod.two_min";

def t = Sum(if close(period="agg") > close(period="agg")[1] then (volume(period="agg") * (close(period="agg")-close(period="agg")[1])) else if close(period="agg") < close(period="agg")[1] then (volume(period="agg") *(close(period="agg")-close(period="agg")[1])) else 0,tsvLength);

With this

input agg = AggregationPeriod.TWO_MIN;
def t = Sum(if close(period = agg) > close(period = agg)[1] then (volume(period = agg) * (close(period = agg) - close(period = agg)[1])) else if close(period = agg) < close(period = agg)[1] then (volume(period = agg) * (close(period = agg) - close(period = agg)[1])) else 0, tsvLength);