TONY LIPTON MACD upper divergence For ThinkOrSwim


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Is there a way someone could code to show the exact same WAY the TONY LIPTON MACD upper divergence does but it would show the divergence in
ACCDIST to price in this study ? THANKS if its not much to ask !!!!
Last edited by a moderator:
# R1V1   2011.05.14:22:15 - TONY LIPTON
#        monitors ACCDIST divergenge for entry

#        MAJOR CODE CONTRIBUTION by KumoBob aka Bob Campbell


def AccDist = TotalSum(volume * CloseLocationValue());

DEF VLB = (VFL + VSL);#/2;

DEF vh34 = highest(AccDist,VLB);
DEF vl34 = lowest(AccDist,VLB);

input ChartBubblesON = NO;
input LinesON = Yes;

rec top;
rec bot;

top = if
AccDist == VH34
then High  else top[1];
bot = if
AccDist == VL34
then Low  else bot[1];

plot topline = if !LinesOn then Double.NaN else top;
topline.assignValueColor(if ((top < HIGH)) then COLOr.PLUM  else color.yellow);
plot bottomline =  if !LinesOn then Double.NaN else bot;
bottomline.assignValueColor(if ((LOW < bot)) then color.BLUE else color.yellow);
# _____________________________________________________________
# Thinkscript is the property of ThinkorSwim and TDAmeritrade
# Sections of this script may have been copied or modified from
# one or more Thinkscript studies in part or in their entirety.
# _____________________________________________________________

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