Volume Flow Indicator (VFI) from Markos Katsanos For ThinkOrSwim

I'm trying to use this VFI as a scan. I'm using version
tomsk
1.11.2020

I want to scan when the volume spike is > 2 stdev

so how would I add the scan code. is it as simple as:

Code:
Plot scan = "Relative Volume Spike > 2 StDev"

second, I want to scan where the VFI value is > .90

would it be like:
Code:
Plot scan = "RVSpike >0.90"

Thank you
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

I want to scan when the volume spike is > 2 stdev
so how would I add the scan code. is it as simple as:
Code:
Plot scan = "Relative Volume Spike > 2 StDev"
No
use this:
Ruby:
RVSpike > 2


I want to scan where the VFI value is > .90
would it be like:
Code:
Plot scan = "RVSpike >0.90"
No, you can not scan for the VFI value by looking at the relative volume
use this:
Ruby:
VFI> .9
 

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
448 Online
Create Post

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top