Waddah Attar Explosion Indicator for ThinkorSwim

[MerryDay]

I'm sorry, but I don't see the "new Price Explosion Indicator"

https://usethinkscript.com/threads/waddah-attar-explosion-indicator-for-thinkorswim.83/#post-377

 

[3AMBH]

First post in these forums but have been visiting for some time now... Hoping to contribute when I can...

This issue is caused by the deadzone setting being set too high due to trade instrument pricing differences... When I use this script for day trading options I set the value to 0.2 instead of the default setting of 20... The only other changes I have made to the script posted above, so far, are the ex and xLine colors... Hope this helps someone...

I use a laundry list of indicators to validate or invalidate potential trades... Realistically, I could suffice with Renko Bars, RSI superimposed over the Renko Bars, Trend Reversal Indicator with Signals, and Waddah Attar Explosion...

HI @rad14733 , How do you get the lines on the upper chart? Thanks

 

[rad14733]

HI @rad14733 , How do you get the lines on the upper chart? Thanks

Assuming that you are referring to RSI on the upper chart panel, simply move RSI into the upper indicator section and RSI superimposes over the chart...

 

[sky4blue]

@BenTen Is there way to show the color of Waddah into the chart Candle bar. Ex: if it is Red Buy signal make the candle color Red, if it is Dead Zone make the candle color Hollow candle... so on

 

[henry1224]

@BenTen Is there way to show the color of Waddah into the chart Candle bar. Ex: if it is Red Buy signal make the candle color Red, if it is Dead Zone make the candle color Hollow candle... so on

declare lower;
input APC = 0;
#------------- "Waddah Attar Explosion " ------------#

input sensitivity = 150; #"Sensitivity"
input fastLength = 20; #"FastEMA Length"
input slowLength = 40; #"SlowEMA Length"
input channelLength = 20; #"BB Channel Length"
input mult = 2.0; #"BB Stdev Multiplier"
input deadZone = 20; #"No trade zone threshold"

script calc_macd{

    input source = close;
    input fastLength = 20;
    input slowLength = 40;

    def fastMA = movAvgExponential(source, fastLength);
    def slowMA = movAvgExponential(source, slowLength);

    plot out = fastMA - slowMA;

}

script calc_BBUpper{

    input source = close;
    input length = 20;
    input mult = 2.0;

    def basis = simpleMovingAvg(source, length);
    def dev = mult * stdev(source, length);

    plot out = basis + dev;

}

script calc_BBLower{

    input source = close;
    input length = 20;
    input mult = 2.0;

    def basis = simpleMovingAvg(source, length);
    def dev = mult * stdev(source, length);

    plot out = basis - dev;

}

def t1 = (calc_macd(close, fastLength, slowLength) - calc_macd(close[1],
fastLength, slowLength)) * sensitivity;

def t2 = (calc_macd(close[2], fastLength, slowLength) -
calc_macd(close[3], fastLength, slowLength)) * sensitivity;

def e1 = (calc_BBUpper(close, channelLength, mult) - calc_BBLower(close,
channelLength, mult));

#//
def e2 = (calc_BBUpper(close[1], channelLength, mult) - calc_BBLower(close[1], channelLength, mult));

def trendUp = if t1 >= 0 then t1 else 0;
def trendDown = if t1 < 0 then (-1 * t1) else 0;

plot tUp = trendUp; #"UpTrend"
#Also try using columns to see how it looks.
tUp.setpaintingStrategy(paintingStrategy.HISTOGRAM);
tUp.assignValueColor(if trendUp < trendUp[1] then color.light_GREEN else
color.green);

plot tDn = trendDown; #"DownTrend"
tDn.setpaintingStrategy(paintingStrategy.HISTOGRAM);
tDn.assignValueColor(if trendDown < trendDown[1] then color.orange else
color.red);

plot ex = e1; #"ExplosionLine"
ex.setdefaultColor(createColor(160, 82, 45));

plot xLine = deadZone; #"DeadZoneLine"
xLine.setdefaultColor(color.blue);

#------------- "Waddah Attar Explosion " ------------#
 AssignPriceColor( if APC == 1 && trendUp < trendUp[1] then color.light_GREEN else if APC ==1  &&  trendUp > trendUp[1] then color.green else
if APC ==1 && trendDown < trendDown[1] then color.orange else if APC ==1 && trendDown > trendDown[1] then
color.red else Color.Current);

set the APC input to 1 to color the bars and 0 ide the colored bars

 

[Bladeof300]

@BenTen Is there way to show the color of Waddah into the chart Candle bar. Ex: if it is Red Buy signal make the candle color Red, if it is Dead Zone make the candle color Hollow candle... so on

This code allows for painted price candles and/or painted arrows

#_______________________________________________________________________

declare upper;

input paintarrows = Yes;
input paintbar = Yes;

#------------- "Waddah Attar Explosion " ------------#


input sensitivity = 150; #"Sensitivity"
input fastLength = 20; #"FastEMA Length"
input slowLength = 40; #"SlowEMA Length"
input channelLength = 20; #"BB Channel Length"
input mult = 2.0; #"BB Stdev Multiplier"
input deadZone = 20; #"No trade zone threshold"

script calc_macd {

    input source = close;
    input fastLength = 20;
    input slowLength = 40;

    def fastMA = MovAvgExponential(source, fastLength);
    def slowMA = MovAvgExponential(source, slowLength);

    plot out = fastMA - slowMA;

}

script calc_BBUpper {

    input source = close;
    input length = 20;
    input mult = 2.0;

    def basis = SimpleMovingAvg(source, length);
    def dev = mult * StDev(source, length);

    plot out = basis + dev;

}

script calc_BBLower {

    input source = close;
    input length = 20;
    input mult = 2.0;

    def basis = SimpleMovingAvg(source, length);
    def dev = mult * StDev(source, length);

    plot out = basis - dev;

}

def t1 = (calc_macd(close, fastLength, slowLength) - calc_macd(close[1],
fastLength, slowLength)) * sensitivity;

def t2 = (calc_macd(close[2], fastLength, slowLength) -
calc_macd(close[3], fastLength, slowLength)) * sensitivity;

def e1 = (calc_BBUpper(close, channelLength, mult) - calc_BBLower(close,
channelLength, mult));

#//
def e2 = (calc_BBUpper(close[1], channelLength, mult) - calc_BBLower(close[1], channelLength, mult));

def trendUp = if t1 >= 0 then t1 else 0;
def trendDown = if t1 < 0 then (-1 * t1) else 0;

def tUp = trendUp; #"UpTrend"
#Also try using columns to see how it looks.
#tUp.setpaintingStrategy(paintingStrategy.HISTOGRAM);
#tUp.assignValueColor(if trendUp < trendUp[1] then color.light_GREEN else color.green);

def tDn = trendDown; #"DownTrend"
#tDn.setpaintingStrategy(paintingStrategy.HISTOGRAM);
#tDn.assignValueColor(if trendDown < trendDown[1] then color.orange else color.red);

def ex = e1; #"ExplosionLine"
#ex.setdefaultColor(createColor(160, 82, 45));

def xLine = deadZone; #"DeadZoneLine"
#xLine.setdefaultColor(color.blue);

#------------- "Waddah Attar Explosion " ------------#


AssignPriceColor(if (paintbar and trendDown < trendDown[1]) then Color.ORANGE else if (paintbar and trendDown > trendDown[1]) then Color.RED else if (paintbar and trendUp < trendUp[1]) then Color.LIGHT_GREEN else if (paintbar and trendUp > trendUp[1]) then Color.GREEN else Color.CURRENT);

plot arrows = (paintarrows and trendDown < trendDown[1]) or (paintarrows and trendUp < trendUp[1]);
arrows.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
arrows.AssignValueColor(if (paintarrows and trendDown < trendDown[1]) then Color.ORANGE else if (paintarrows and trendDown > trendDown[1]) then Color.RED else if (paintarrows and trendUp < trendUp[1]) then Color.LIGHT_GREEN else if (arrows and trendUp > trendUp[1]) then Color.GREEN else Color.CURRENT);
arrows.SetLineWeight(1);

Alert(tUp crosses above ex and ex > xLine, "tUp Alert", Alert.BAR, Sound.Ding);
Alert(tDn crosses above ex and ex > xLine, "tDn Alert", Alert.BAR, Sound.Ding);


#------------- "Waddah Attar Explosion " ------------#

 

[Bladeof300]

@BenTen Is there way to show the color of Waddah into the chart Candle bar. Ex: if it is Red Buy signal make the candle color Red, if it is Dead Zone make the candle color Hollow candle... so on

Hi @sky4blue I noticed a small error in the code I posted. It was sometime coloring candles orange when they should be green. I have fixed this issue in the code below.

AssignPriceColor(if (paintbar and trendUp > trendUp[1]) then Color.GREEN else if (paintbar and trendDown > trendDown[1]) then Color.RED else if (paintbar and trendDown < trendDown[1]) then Color.ORANGE else if(paintbar and trendUp <= trendUp[1]) then Color.LIGHT_GREEN else Color.gray);

plot arrows = (paintarrows and trendDown < trendDown[1]) or (paintarrows and trendUp < trendUp[1]);
arrows.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
arrows.SetLineWeight(1);

arrows.AssignValueColor(if (paintarrows and trendUp > trendUp[1]) then Color.GREEN else if (paintarrows and trendDown > trendDown[1]) then Color.RED else if (paintarrows and trendDown < trendDown[1]) then Color.ORANGE else if(paintarrows and trendUp <= trendUp[1]) then Color.LIGHT_GREEN else Color.gray);


Alert(tUp crosses above ex and ex > xLine, "tUp Alert", Alert.BAR, Sound.Ding);
Alert(tDn crosses above ex and ex > xLine, "tDn Alert", Alert.BAR, Sound.Ding);

 

[TPTrades]

Is there anyway we can get the color to show up on mobile?

Here is the Waddah Attar Explosion Indicator converted by Syracusepro ThinkorSwim. I also found this indicator on MQL5 as well.

View attachment 4341

Some notes I found:

thinkScript Code

declare lower;

#------------- "Waddah Attar Explosion " ------------#

input sensitivity = 150; #"Sensitivity"
input fastLength = 20; #"FastEMA Length"
input slowLength = 40; #"SlowEMA Length"
input channelLength = 20; #"BB Channel Length"
input mult = 2.0; #"BB Stdev Multiplier"
input deadZone = 20; #"No trade zone threshold"

script calc_macd{

    input source = close;
    input fastLength = 20;
    input slowLength = 40;

    def fastMA = movAvgExponential(source, fastLength);
    def slowMA = movAvgExponential(source, slowLength);

    plot out = fastMA - slowMA;

}

script calc_BBUpper{

    input source = close;
    input length = 20;
    input mult = 2.0;

    def basis = simpleMovingAvg(source, length);
    def dev = mult * stdev(source, length);

    plot out = basis + dev;

}

script calc_BBLower{

    input source = close;
    input length = 20;
    input mult = 2.0;

    def basis = simpleMovingAvg(source, length);
    def dev = mult * stdev(source, length);

    plot out = basis - dev;

}

def t1 = (calc_macd(close, fastLength, slowLength) - calc_macd(close[1],
fastLength, slowLength)) * sensitivity;

def t2 = (calc_macd(close[2], fastLength, slowLength) -
calc_macd(close[3], fastLength, slowLength)) * sensitivity;

def e1 = (calc_BBUpper(close, channelLength, mult) - calc_BBLower(close,
channelLength, mult));

#//
def e2 = (calc_BBUpper(close[1], channelLength, mult) - calc_BBLower(close[1], channelLength, mult));

def trendUp = if t1 >= 0 then t1 else 0;
def trendDown = if t1 < 0 then (-1 * t1) else 0;

plot tUp = trendUp; #"UpTrend"
#Also try using columns to see how it looks.
tUp.setpaintingStrategy(paintingStrategy.HISTOGRAM);
tUp.assignValueColor(if trendUp < trendUp[1] then color.light_GREEN else
color.green);

plot tDn = trendDown; #"DownTrend"
tDn.setpaintingStrategy(paintingStrategy.HISTOGRAM);
tDn.assignValueColor(if trendDown < trendDown[1] then color.orange else
color.red);

plot ex = e1; #"ExplosionLine"
ex.setdefaultColor(createColor(160, 82, 45));

plot xLine = deadZone; #"DeadZoneLine"
xLine.setdefaultColor(color.blue);

#------------- "Waddah Attar Explosion " ------------#

Shareable Link

https://tos.mx/BM3O4c

Hey guys,

@MerryDay @samer800

Is there anyway we can get the color to show up on mobile?

 

[MerryDay]

Is there anyway we can get the color to show up on mobile?


Hey guys,

@MerryDay @samer800

Is there anyway we can get the color to show up on mobile?

If the color is not showing up on mobile, then no, there is no workaround to that limitation of the ToS mobile app.