Repaints Trend Reversal for ThinkorSwim

[vandell001]

Oil (CL) today is a great example - has been in consolidation all day in my view so I have not taken a trade. Take a look at FE - has shown consolidation for most of the day and supported by other indicators as well.

Would you mind sharing the indicators your using in this screen shot

 

[tenacity11]

com.devexperts.tos.thinkscript.runtime.TooComplexException: The complexity of the expression suggests that it may not be reliable with real-time data.
This is the error message I got when trying to set up the Trend Reversal Scanner.

 

[BenTen]

@tenacity11 Are you using the scanner from the original thread? If so, are you scanning for both bullish and bearish signals? The scanner only support one direction at a time.

 

[tenacity11]

Yes the scanner is from the original thread. In setting up a new scan and adding the indicator. I don't see where I can separate to scan for bullish or bearish only.

 

[BenTen]

@tenacity11 upArrow (bullish) and downArrow (bearish). Select one.

 

[tenacity11]

I selected the bullish up Arrow but still getting the same error so.....Could you post the code I need to put into the scan for bullish.
Sorry to be a pain in the patootie

 

[BenTen]

I selected the bullish up Arrow but still getting the same error so.....Could you post the code I need to put into the scan for bullish.
Sorry to be a pain in the patootie

Worked for me.

 

[tenacity11]

Ben I appreciate your patience but I duplicated this and still getting the same error message so I give up.
Would have been nice to scan for them.

 

[BenTen]

@tenacity11 May want to contact ThinkorSwim support team (you can create a support ticket right from the platform). No reason why you shouldn't be able to scan for reversal signals.

 

[tenacity11]

@tenacity11 May want to contact ThinkorSwim support team (you can create a support ticket right from the platform). No reason why you shouldn't be able to scan for reversal signals.

Thanks Ben I will contact them

 

[ykd2018x]

i think this indicator is a very good indicator working well on price charts (range charts) & on bigger time frames have very less false signals

i wish i can have a scan or watchlist whereas i can search this signal if appears on 1 hour chart , since daily charts scanner has been alrdy made i have use that scanner but i m more interested in 1 hour chart basis scan whereas it can scan either a watchlist or scan the market and give the ticker in which 1 hour chart is appearing reversal signal up or down both side is okay

 

[tenacity11]

Ben on the Trend Reversal Indicator is there a way to make the bubbles light colors. I tried to edit the copy changing the colors to light green and light red but it did not change anything. thanks

 

[GeneHo]

@tenacity11 , to change the color of the bubbles, you have to edit the source code like the following:

AddChartBubble((barnumber and U1), if isUp then low else high, if showarrows and signal > 0 and signal[1] <= 0 then "Reversal:" + low else "" , if Colorbars == 3 then Color.PLUM else Color.light_green, no);
AddChartBubble((barnumber and D1), if isUp then low else high, if showarrows and signal < 0 and signal[1] >= 0 then "Reversal:" + high else "" , if Colorbars == 3 then Color.PLUM else Color.light_red, yes);

 

[Craighaber71]

What do the different color bubbles mean...Green orange and purple

 

[BenTen]

@Craighaber71 Already mentioned it in the original thread.

• Green = Buy Signal Bars
• Purple = Neutral
• Red = Sell Signal Bars

 

[Craighaber71]

Not the bars....Reversal bubble colors

 

[BenTen]

@Craighaber71 Red = bearish, Green = bullish, Purple = Neutral.

 

[tenacity11]

@tenacity11 , to change the color of the bubbles, you have to edit the source code like the following:

AddChartBubble((barnumber and U1), if isUp then low else high, if showarrows and signal > 0 and signal[1] <= 0 then "Reversal:" + low else "" , if Colorbars == 3 then Color.PLUM else Color.light_green, no);
AddChartBubble((barnumber and D1), if isUp then low else high, if showarrows and signal < 0 and signal[1] >= 0 then "Reversal:" + high else "" , if Colorbars == 3 then Color.PLUM else Color.light_red, yes);

Thank you GeneHo..that worked

 

[GeneHo]

I'm using this indicator together with VWAP and here is the result. Will try to post my result each time I using both of Trend Reversal and VWAP.

 

[BenTen]

@GeneHo Well done. Please keep us updated