Yield Curve Chart Indicator for ThinkorSwim

[BenTen]

This indicator was shared by Ken Rose of TD Ameritrade to help you build your own Yield curve chart in ThinkorSwim. Be sure to visit the ToS' settings page and set your chart type to Line.

thinkScript Code

#TWITTER: @KROSE_TDA
#Yield curve two indexes
#declare lower;
def barn = if !IsNaN(close) then BarNumber() else Double.NEGATIVE_INFINITY;
input line_Weight = 3;
#input color = ("Light_Background", "Dark_Bacjkground");
Input Bubble_Offset = 12;
################################################
plot ThirtyYear = close("TYX");
thirtyYear.AssignValueColor(color.YELLOW);
thirtyYear.SetLineWeight(line_Weight);
addChartBubble  (barNumber()==highestAll(barn)-bubble_offset,thirtyYear,"30Yr",color.yellow);
#################################################
plot TenYear = close("TNX");
tenYear.AssignValueColor(color.GREEN);
tenYear.SetLineWeight(line_Weight);
addChartBubble  (barNumber()==highestAll(barn)-(bubble_offset -4),tenyear,"10Yr",color.GREEN);
########################################
plot FiveYear = close("FVX");
FiveYear.AssignValueColor(color.LIME);
FiveYear.SetLineWeight(line_Weight);
addChartBubble  (barNumber()==highestAll(barn)-(bubble_offset -6),fiveyear,"5Yr",color.LIME);
########################################
plot Threemonth = close("IRX");
threemonth.AssignValueColor(color.RED);
threemonth.SetLineWeight(line_Weight);
addChartBubble  (barNumber()==highestAll(barn)-(bubble_offset -8),threemonth,"3Mo",color.RED);

Shareable Link

https://tos.mx/EYw42x

 

[wilmanv]

How Can I have 3-5 charts in the same window for compared tickers , sample FAANG Ticker, and compare the performance for any time frame

Thanks

 

[MBF]

How Can I have 3-5 charts in the same window for compared tickers , sample FAANG Ticker, and compare the performance for any time frame

Thanks

Flexible Grid?

 

[lee-I-O=coke-A]

could some kindly supply a label with 10 year yield symbol, current value and up or down today. thanks

 

[Jonas99]

Hi @Ben10 same request, could we have TNX as a label on the upper chart? @MerryDay?

 

[MerryDay]

@lee-I-O=coke-A @Jonas99 This is already an upper chart.
Out of curiosity, what does a label gain you? I would think a label is redundant as the information is already displayed.

 

[Jonas99]

am watching TNX as an alternative to vix but I don't need it in the whole lower study. So a label would be good to save real estate. Off topic, I am surprised that not much is talked about QQE here? http://dewinforex.com/forex-indicat...il-but-accurately-defines-trend-and-flat.html

 

[Jonas99]

@Jonas99 it is not a lower study

Sorry yeah, I meant I prefer not to have curves but just a label on my chart so I can focus on the stock price.

 

[MerryDay]

@Jonas99 I believe the answer to whatever you asking is no.

 

[Jonas99]

@Jonas99 I believe the answer to whatever you asking is no.

 

[Jonas99]

could some kindly supply a label with 10 year yield symbol, current value and up or down today. thanks

could you message me if you find such a label and I will do the same? thanks

 

[Jonas99]

@Jonas99 I believe the answer to whatever you asking is no.

I did it! TNX Label; @MerryDay This is what I am looking for:

declare upper;
input Temporalidad = AggregationPeriod.day;
Input Indicador=  {"SPY", "QQQ", "DIA", default "TNX"};
input Color_del_recuadro = {"magenta", "green", "pink", default "cyan", "orange", "red", "blue", "gray", "violet"};

def Indicador_ = close(Indicador,period = Temporalidad);

AddLabel(yes, Indicador +": " + Indicador_, GetColor(Color_del_recuadro));

 

[Askia]

does anyone have a useful guide, reference on book on how to interpret the yield curve

 

[MerryDay]

does anyone have a useful guide, reference on book on how to interpret the yield curve

https://www.google.com/search?q=yie...gBnQSSAQM1LjGYAQCgAQHIAQjAAQE&sclient=gws-wiz

 

[benito_3]

I like to invert the 10-year Yield TNX by adding a minus thus -TNX in a Study-Comparison indicator on the charts. This makes it easy to see gaps and correlations between the ticker and the Yield.