TrendTraderPRO Indicator for ThinkorSwim

[Alkkkz]

I'm looking for the TrendTraderPro script for ThinkorSwim. Is there anyone who has it and tested it?

edited by moderator. media content blocked. Contained commercial content prohibited by Forum's terms & guidelines

 

[rad14733]

Looks like smoothed Heikin Ashi to me...

 

[AspaTrader]

Let me post you the whole system if possible and save you some money.

Link: http://tos.mx/prQkT2w

With Arrows You can use it for scans as well.... Hope I saved you some money

 

[rad14733]

@AspaTrader I hope that link isn't for a paid study from another site... This site has a policy against pirating (stealing) commercial code... If you've ever been a victim, as I have, you would understand why... Posting only a shared link raises suspicion...

 

[AspaTrader]

Nope ... It's the study shared in https://usethinkscript.com/threads/smoothed-heikin-ashi-for-thinkorswim.216/ ..... I added arrows

 

[rad14733]

Nope ... It's the study shared in https://usethinkscript.com/threads/smoothed-heikin-ashi-for-thinkorswim.216/ ..... I added arrows

Ok... For future reference, if you are sharing code don't just use a shared link, either also post the code itself or a standard hyperlink like you just posted... Everyone isn't comfortable having to install code just to see it...

 

[AspaTrader]

# TS_HeikinAshiSmoothed
# http://www.thinkscripter.com
# [email protected]
# Last Update 30 June 2013

### YOU MUST HAVE THE STYLE SETTING FIT STUDIES ENABLED ###
#hint: The style setting Fit Studies must be enabled tou use these bars.

input period = 21;
input hideCandles = NO;
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.uptick);
DefineGlobalColor("FallingMA", color.downtick);
#DefineGlobalColor("RisingMA", color.cyan);
#DefineGlobalColor("FallingMA", color.yellow);

input movingAverageType = {default TEMA, Exponential, Weighted, Hull, Variable, SIMPLE};

def openMA;
def closeMA;
def highMA;
def lowMA;

switch (movingAverageType) {
case Simple:
    openMA = compoundValue(1, Average(open, period), open);
    closeMA = compoundValue(1, Average(close, period), close);
    highMA = compoundValue(1, Average(high, period), high);
    lowMA = compoundValue(1, Average(low, period), low);
case Exponential:
    openMA = compoundValue(1, ExpAverage(open, period), open);
    closeMA = compoundValue(1, ExpAverage(close, period), close);
    highMA = compoundValue(1, ExpAverage(high, period), high);
    lowMA = compoundValue(1, ExpAverage(low, period), low);
case Weighted:
    openMA = compoundValue(1, WMA(open, period), open);
    closeMA = compoundValue(1, WMA(close, period), close);
    highMA = compoundValue(1, WMA(high, period), high);
    lowMA = compoundValue(1, WMA(low, period), low);
Case Hull:
    openMA = compoundValue(1, HullMovingAvg(open, period), open);
    closeMA = compoundValue(1,  HullMovingAvg(close, period), close);
    highMA = compoundValue(1,  HullMovingAvg(high, period), high);
    lowMA = compoundValue(1,  HullMovingAvg(low, period), low);
case variable:
    openMA = compoundValue(1, VariableMA(open, period), open);
    closeMA = compoundValue(1, VariableMA(close, period), close);
    highMA = compoundValue(1, VariableMA(high, period), high);
    lowMA = compoundValue(1, VariableMA(low, period), low);
case TEMA:
    openMA = compoundValue(1, TEMA(open, period), open);
    closeMA = compoundValue(1, TEMA(close, period), close);
    highMA = compoundValue(1, TEMA(high, period), high);
    lowMA = compoundValue(1, TEMA(low, period), low);
}


hidePricePlot(hideCandles);

def haOpen;
def haClose;

switch(candleSmoothing) {
case Valcu:

    haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
    haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;
    
case Vervoort:
    haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
    haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);

}

plot o = haopen;
o.hide();

def haLow =  min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);

AddChart(high = haHigh, low  = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);

def haopen1 = if haopen>haclose 
              then HAopen
              else double.nan;
def HAhigh1   = if haopen>=haclose 
              then hahigh
              else double.nan;
def HAlow1    = if haopen>=haclose 
              then halow
              else double.nan;
 
AddChart(high = haHigh1, low  = haLow1, open = haopen1, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("FallingMA"), fallColor = GlobalColor("RisingMA"), neutralColor = color.gray);

def BullishChange = if ( haclose - haopen ) >= 0 and ( haclose[1] - haopen[1] ) <= 0 then yes else no;

def BearishChange = if ( haclose - haopen ) <= 0 and ( haclose[1] - haopen[1] ) >= 0 then yes else no;



plot Bullish = BullishChange;
Bullish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
Bullish.SetDefaultColor(Color.CYAN);
Bullish.SetLineWeight(2);

plot Bearish = BearishChange;
Bearish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_Down);
Bearish.SetDefaultColor(Color.CYAN);
Bearish.SetLineWeight(2);

 

[Alkkkz]

@AspaTrader I appreciate your quick response, Aspatrader. You sure saved me $$$. Can you make a space between the candle and Heikin? It overlapped on each other. Another favor is, Can you change the color of the arrow when it's bearish, pls? Thanks.

 

[AspaTrader]

The Oct2nd update gives the clear picture of the indicator Soo many up and down arrow.. Their video is concentrated only on the bull or bear run :') What a shame..

 

[Alkkkz]

Correct. It is confusing. I double-checked the video, it shows a one min chart. Scammer

 

[AspaTrader]

@Alkkkz You can configure it b y going to Studies -> Edit Studies -> Click on the Gear Icon of your saved study -> Plots -> Bullish/Bearish (Click on the colour to change to the required colour). For the gaps between the bars and HA, You can change the bar type to price line. (Settings -> Appearance -> Chart type -> Line)

 

[Alkkkz]

Hi Aspa, I want to keep candle as it is with HA. I need a gap btw both? is there a way to change the color HA also? Thanks

 

[dinodotcom]

@AspaTrader Any chance you are willing to share that lower indicator that you have set to the various time frames?

 

[AspaTrader]

@dinodotcom you can get the set up from here https://usethinkscript.com/threads/completed-heiken_ashi_-support-needed.5251/

 

[MatthewTherrien]

Thank you for sharing the code for this indicator - is that really all that TTP is doing with their $2000 product (admittedly - they do have training videos and heatmap etc)

Also - I see the initial period is set to 30 - is that the optimum setting for intraday trading?

Thank you

 

[MatthewTherrien]

Thank you for sharing the code for this indicator - is that really all that TTP is doing with their $2000 product (admittedly - they do have training videos and heatmap etc)

Also - I see the initial period is set to 30 - is that the optimum setting for intraday trading?

Thank you

So an update - I have been using this TTP Clone for 2 weeks now and having great success - even on 1 min timeframe - I enter on 3rd candle, use brackets on Tradovate for SL & TP

 

[Mikew]

So an update - I have been using this TTP Clone for 2 weeks now and having great success - even on 1 min timeframe - I enter on 3rd candle, use brackets on Tradovate for SL & TP

Hi, 1) do you recommend Trendtraderpro trading software ? 2) how do get the TTP Clone on TOS

 

[AspaTrader]

@Mikew Check this , we have better system than this https://usethinkscript.com/posts/55520/

 

[MatthewTherrien]

Hi, 1) do you recommend Trendtraderpro trading software ? 2) how do get the TTP Clone on TOS

I don't use TTP Software and don't recommend spending $1500 for an indictor which seems to behave like a Smoothed HA - I am using the code at the top of this thread - which you can get into TOS under Studies->Edit Studies->Create

 

[MatthewTherrien]

@Mikew Check this , we have better system than this https://usethinkscript.com/posts/55520/

Hi - thank you for your comment - could you elaborate as to why this is better than the HA code posted at the beginning of this thread?