Volume greater than prior 5 days

[rudy seena]

Hi Thanks for your response. I do thoroughly enjoy your site and thank you for the wonderful work you and the team put together.

I have a question that I cannot find answered anywhere on your site. How can I Thinkscript a code to identify when volume is greater than the prior 5 days, and have the volume bar color coded in blue? see below for an example.

I really do appreciate any feedback you can offer.

As always, keep up the great work!

Thanks, Rudy

 

[BenTen]

Take a look at some of the code snippets in this thread https://usethinkscript.com/threads/plot-high-and-low-of-highest-volume-within-x-bar.1217/

 

[rudy seena]

Tks for response. However, nothing to give me daily volume greater than the past 5 days and color coded blue. Any other suggestions would be greatly appreciated. Rudy

 

[Welkin]

@rudy seena this should do the trick, it will only plot on the daily aggregation.

declare on_volume;
def NA = Double.NaN;
input length = 5;
def aggcheck = GetAggregationPeriod() == AggregationPeriod.DAY;
def v = volume;
def vt = v == Highest(v,length);
plot Vtest = if aggcheck and vt then v else NA;

vtest.SetDefaultColor(CreateColor(0,100,200));
vtest.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);

 

[rudy seena]

Thanks Ben. Simple yet so sophisticated!. Keep up the wonderful work! Rudy

 

[BenTen]

@rudy seena Thank you, but I didn't contribute to this @Welkin did

 

[rudy seena]

Thanks Welkin for the thoughtful response. I greatly appreciate your input. You guys are doing a fantastic job. I sincerely hope Ameritrade recognizes your valuable services to the TOS community!

 

[rudy seena]

Hi guys. TKS for the script. Is it possible to add daily price greater than previous day to this script? This way I know vol greater than prior day is with up price action, instead of a distribution day. TKS in advance. Rudy