Why does the script plot what it does ?


New member
There is a post on June 19, 2014 09:17AM at this URL: https://researchtrade.com/forum/read.php?7,2258,page=7
That shows this script:
plot Pivot = (high(period = "day" )[1] + low(period = "day" )[1]) / 2;

Which displays ... (questions to follow)

Why is the line only plotted across one day (open of day 1 to open of day 2) ?
The plot statement says, at least to me, plot this Y value. Why does the line not extend for 6 days, 10 days, ... til the end of time?
I'm sure there's a good reason.


  • kD1oPLW.jpg
    49.7 KB · Views: 100
Thanks for your reply. I thought that the period parameter was involved .. of course I have a few more questions.
Did TOS decide to display an intraday chart because of this plot (period = "day")
If I go in TOS and change the display period to Daily or Weekly would the script overrule the chart setting and still display as intraday?
Being new to TOS script am trying to get an idea of how the various script statements (plot, etc) interact and work together.
Probably be a good idea if I experiment a bit to answer my own questions :)

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

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
572 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.