TradeStation Conversion

[WBO4]

Hi everyone! I have some TradeStation code that I need converted to ThinkScript.

[LegacyColorValue = true];

Inputs: time1(0910), time2(0915)
time3(0920), time4(1215), time5(1220)
time6(1225);

if time =time1 or time = time2 or time = time3 then

begin

Plot(high, "5 min chart", yellow);
Plot2(low, "5 min chart,", yellow);

end;

if time= time4 or time = time5 or time =
time6 then

begin

Plot1(high, "5 min chart", red);
Plot2(low, "5 min chart", red);

end;

THANK YOU IN ADVANCE!!

 

[BenTen]

What does this indicator do? If you can tell us the functionality, maybe we can find an existing script that performs the same task?

 

[WBO4]

What does this indicator do? If you can tell us the functionality, maybe we can find an existing script that performs the same task?

Great point. That's why you're in charge.
It is the three five minute bars beginning at 9:05 CT, and should get a buy or sell signal.

 

[BenTen]

@WBO4 How is the buy or sell signal generated or is it just based on time?

 

[WBO4]

@BenTen It's the MEJT system by Tennant, and the trading system is explained in his book. The code is included in the book I purchased, and there are rules for using it, and one would have to purchase the book to understand the system.

I don't believe asking for help on the code violates the spirit of this Room, but please let me know if you feel differently! Thanks!

 

[HSI1600]

Is there a community similar to usethinkscript for trade-station? After two days of not being able to use my desk top and the mobile application not as robust, I am out.

 

[BenTen]

Not that I know of. According to multiple members, and confirmed by TD themselves, you can still trade on the mobile and web platform. The desktop version of ThinkorSwim is the only one getting affected.

 

[MerryDay]

I was on TradeStation for awhile. I was looking for a robust algo-trading platform. I wanted software that could handle complex alerts and compound conditional orders. I wanted unlimited custom watchlist fields. Turns out, that just like there is no Holy Grail trading strategy. There is no perfect platform.

In answer to your question, there is a community inside TradeStation similar to our Think Lounge. But you won't find much coding help. There is a large community of programmers who charge a-la-cart for coding customizations so you won't find anyone giving away help for free.

I came back to TOS mainly due to the support that I get from this site. The members here give so much of their time and effort and are ridiculously smart. A couple of days of app outages won't be driving me away. And as far as TOS is concerned: better the devil I know.

 

[HSI1600]

@MerryDay - Thanks for the feed back. I will stop looking over the fence due to the grass might not be greener (after I saw their data fee structure and a lack of usethinkscript forum). As you said "go with the devil that you know"

 

[madantv73]

Hi everyone! I have some TradeStation code that I need converted to ThinkScript.

[LegacyColorValue = true];

Inputs: time1(0910), time2(0915)
time3(0920), time4(1215), time5(1220)
time6(1225);

if time =time1 or time = time2 or time = time3 then

begin

Plot(high, "5 min chart", yellow);
Plot2(low, "5 min chart,", yellow);

end;

if time= time4 or time = time5 or time =
time6 then

begin

Plot1(high, "5 min chart", red);
Plot2(low, "5 min chart", red);

end;

THANK YOU IN ADVANCE!!

input begin = 1010;
input arrowsize = 5;
plot firstbar = secondsFromTime(begin)==0;
def count = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !firstbar
then count[1] + 1
else count[1];

DefineGlobalColor("Time", Color.YELLOW);
firstbar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
firstbar.setlineWeight(arrowsize);
firstbar.setdefaultColor(globalColor("Time"));
plot xcount = if firstbar then count + 1 else double.nan;
xcount.setpaintingStrategy(paintingStrategy.VALUES_ABOVE);
xcount.setdefaultColor(globalColor("Time"));

input begin2 = 1015;
input arrowsize2 = 5;
plot secondbar = secondsFromTime(begin2)==0;
def count2 = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !secondbar
then count2[1] + 1
else count2[1];

DefineGlobalColor("Time", Color.YELLOW);
secondbar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
secondbar.setlineWeight(arrowsize2);
secondbar.setdefaultColor(globalColor("Time"));
plot xcount2 = if secondbar then count2 + 1 else double.nan;
xcount2.setpaintingStrategy(paintingStrategy.VALUES_ABOVE);
xcount2.setdefaultColor(globalColor("Time"));


input begin3 = 1020;
input arrowsize3 = 5;
plot thirdbar = secondsFromTime(begin3)==0;
def count3 = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !thirdbar
then count3[1] + 1
else count3[1];

DefineGlobalColor("Time", Color.YELLOW);
thirdbar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
thirdbar.setlineWeight(arrowsize3);
thirdbar.setdefaultColor(globalColor("Time"));
plot xcount3 = if thirdbar then count + 1 else double.nan;
xcount3.setpaintingStrategy(paintingStrategy.VALUES_ABOVE);
xcount3.setdefaultColor(globalColor("Time"));

 

[ajkhond]

Hi everyone! I have some TradeStation code that I need converted to ThinkScript.

[LegacyColorValue = true];

Inputs: time1(0910), time2(0915)
time3(0920), time4(1215), time5(1220)
time6(1225);

if time =time1 or time = time2 or time = time3 then

begin

Plot(high, "5 min chart", yellow);
Plot2(low, "5 min chart,", yellow);

end;

if time= time4 or time = time5 or time =
time6 then

begin

Plot1(high, "5 min chart", red);
Plot2(low, "5 min chart", red);

end;

THANK YOU IN ADVANCE!!

I used the script written by@ madantv73 and modified the script to match the functionality of the original TradeStation script. The new script was written by me.

# TOS script to mark the MEJT bars
def begin = 1010;
def beginNoon = 1215;
def arrowsize = 5;
def firstbar = secondsFromTime(begin)==0;
def firstbarN = secondsFromTime(beginNoon)==0;



def count = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !firstbar
then count[1] + 1
else
count[1];

DefineGlobalColor("Time", Color.YELLOW);
DefineGlobalColor("TimeR", color.RED);
plot changeBar = firstBar;
changeBar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
changeBar.setlineWeight(arrowsize);
changeBar.setdefaultColor(globalColor("Time"));

plot changeBarN = firstbarN;
changeBarN.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_DOWN);
changeBarN.setlineWeight(arrowsize);
changeBarN.setdefaultColor(globalColor("TimeR"));

assignpriceColor(if secondsFromTime(1010) == 0 then GlobalColor("Time") else Color.Current);
assignpriceColor(if secondsFromTime(1015) == 0 then GlobalColor("Time") else Color.Current);
assignpriceColor(if secondsFromTime(1020) == 0 then GlobalColor("Time") else Color.Current);

assignpriceColor(if secondsFromTime(1215) == 0 then GlobalColor("TimeR") else Color.Current);
assignpriceColor(if secondsFromTime(1220) == 0 then GlobalColor("TimeR") else Color.Current);
assignpriceColor(if secondsFromTime(1225) == 0 then GlobalColor("TimeR") else Color.Current);

 

[Fierce_Ninja]

input begin = 1010;
input arrowsize = 5;
plot firstbar = secondsFromTime(begin)==0;
def count = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !firstbar
then count[1] + 1
else count[1];

DefineGlobalColor("Time", Color.YELLOW);
firstbar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
firstbar.setlineWeight(arrowsize);
firstbar.setdefaultColor(globalColor("Time"));
plot xcount = if firstbar then count + 1 else double.nan;
xcount.setpaintingStrategy(paintingStrategy.VALUES_ABOVE);
xcount.setdefaultColor(globalColor("Time"));

input begin2 = 1015;
input arrowsize2 = 5;
plot secondbar = secondsFromTime(begin2)==0;
def count2 = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !secondbar
then count2[1] + 1
else count2[1];

DefineGlobalColor("Time", Color.YELLOW);
secondbar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
secondbar.setlineWeight(arrowsize2);
secondbar.setdefaultColor(globalColor("Time"));
plot xcount2 = if secondbar then count2 + 1 else double.nan;
xcount2.setpaintingStrategy(paintingStrategy.VALUES_ABOVE);
xcount2.setdefaultColor(globalColor("Time"));


input begin3 = 1020;
input arrowsize3 = 5;
plot thirdbar = secondsFromTime(begin3)==0;
def count3 = if gettime() crosses above regularTradingstart(getyyyYMMDD())
then 1
else if !thirdbar
then count3[1] + 1
else count3[1];

DefineGlobalColor("Time", Color.YELLOW);
thirdbar.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
thirdbar.setlineWeight(arrowsize3);
thirdbar.setdefaultColor(globalColor("Time"));
plot xcount3 = if thirdbar then count + 1 else double.nan;
xcount3.setpaintingStrategy(paintingStrategy.VALUES_ABOVE);
xcount3.setdefaultColor(globalColor("Time"));

Thank you for sharing this. I am seeing multiple "up" arrows at local peaks instead of local troughs. Is that the correct behavior? See the 5 mt /ES chart below for last two days as an example