Volume-Based Downward Arrows

[Bhai Bhai]

Hello Everyone!

I have heard lots of great things about this group and am really excited to be here. This is my first post for a help. I’m looking for a ThinkScript that can display a down arrow above a price candle based on a specified reference volume. For instance, if the reference volume is 200k, a green 200k volume would trigger a downward green arrow above the corresponding candle, while a red 200k volume would trigger a downward red arrow above the corresponding candle. Could someone help me with this script?

Thank you!

 

[BenTen]

Try this:

# green & red arrows based on volume
# BenTen usethinkscript.com
input vol = 200000;
def green_volume = close > open and volume > vol;
def red_volume = close < open and volume < vol;
plot green_arrow = if green_volume then high else double.nan;
plot red_arrow = if red_volume then high else double.nan;
green_arrow.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
green_arrow.AssignValueColor(color.green);
red_arrow.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
red_arrow.AssignValueColor(color.red);