#### markos

##### Well-known member

**VIP**

Here is a treat for my Day Trading Friends: Volume comparison indicator for ThinkorSwim.

### thinkScript Code

Code:

```
# 09:30 Mobius: Good Morning - Don't have time to stay but wanted to post a volume study that plots a comparison of yesterdays total volume at the same bar and compares an average volume to the same time yesterday.
# Volume Comparison
# Plots Yesterdays Total Volume At Same Bar and Average Volume At Same Bar
# Mobius
# V02.06.2018 Posted to Chat Room 07.13.2018
declare on_volume;
input avgLength = 10;
def v = volume;
def vD = volume(period = AggregationPeriod.Day);
def c = close;
def x = BarNumber();
def nan = double.nan;
def RTHbar1 = if GetTime() crosses above RegularTradingStart(GetYYYYMMDD())
then x
else RTHbar1[1];
def RTH = GetTime() >= RegularTradingStart(GetYYYYMMDD()) and
GetTime() <= RegularTradingEnd(GetYYYYMMDD());
def PrevRTHbar1 = if RTHbar1 != RTHbar1[1]
then RTHbar1[1]
else PrevRTHbar1[1];
def indexBar = RTHbar1 - PrevRTHbar1;
plot prevVol = if IsNaN(c)
then nan
else GetValue(v, indexBar);
prevVol.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
prevVol.SetDefaultColor(CreateColor(75, 75, 75));
prevVol.SetLineWeight(1);
plot Vol = v;
Vol.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
Vol.AssignValueColor(if close > open then CreateColor(5, 250, 12) else CreateColor(250, 5, 25));
AssignPriceColor(if close > open then CreateColor(5, 250, 12) else CreateColor(250, 5, 25));
def avgPrev = Average(prevVol, avgLength);
def avgCurr = Average(Vol, avgLength);
def prevDailyVol = if RTH and !RTH[1]
then getValue(v, indexBar)
else if RTH
then compoundValue(1, prevDailyVol[1] + GetValue(v, indexBar), GetValue(v, indexBar))
else prevDailyVol[1];
AddLabel(1, "Prev D Vol = " + prevDailyVol +
" Prev Vol avg(" + avgLength + ") = " + Round(avgPrev, 0), prevVol.TakeValueColor());
AddLabel(1, "Current D Vol = " + vD +
" Curr Vol avg(" + avgLength + ") = " + Round(avgCurr, 0), if vD > prevDailyVol
then color.green
else color.red);
# End Code Volume Comparison
```

### Shareable Link

### ThinkScript study_20190709

tos.mx

Last edited by a moderator: