Thinkscript sell to close. I just need to be able to add the dynamic 0.

Thinkscript sell to close AddOrder(OrderType. Use it with fundamental functions like volume, implied volatility (IV), and open interest. Jun 29, 2022 · The next indicator I created is a two average indicator, an average for buy volume pressure and an average for sell volume pressure. However, there is no way to fully auto trade a strategy. 4 days ago · input percentShift = 10. However, once a sell signal is triggered, the entire position is sold. SELL_TO_CLOSE, close > EntryPrice() + 3 or close < EntryPrice() - 9); Adds a Sell order for closing a long position when the Close price is either greater than the entry price by 3 (for taking profits) or less by 9 (for safety). Any help will be grateful appreciate! Thank you in advance! Bryan Oct 10, 2022 · I would like to enter or exit a trade only when the recent signal is x distance (both horizontally and vertically) from the previous signal. You can use both Aggregation Period constants and pre-defined string values (e. buy_TO_CLOSE, buy_to_close, open[-1], tradesize = tradesize, color. Jan 6, 2023 · Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Alert( ( diff[1] > diff[2] or close > MA ) and OpenOrders Aug 28, 2021 · I like to set a stop loss related to my stock purchase price, i. BID MARK The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Imagine that, at the time, the stock was priced at Sep 16, 2020 · @kmg526 If you don't mind running multiple exit strategies, which is a perfectly legitimate way to handle this, there's built-in StopLossLX and StopLossSX strategies the are based on percent by default. Assuming 1st long entry is at the market 1st bar close. Note that you can switch order to Strategy Properties article for details. # \n In the dafault mode it is always in the #market either Long or Short. Hector edited previous code 08-15-2024 input price = close; input length = 15; input wide = 10; input narrow = 2; input Jan 10, 2020 · Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Indicators Download ThinkorSwim. The code I currently have is pretty straightforward: close < low from 1 bar ago 2 days ago · Returns the Close price for the specific symbol, aggregation period and price type. Used in addOrder function to add a buying order for closing a short position. The second conditional order was to sell the stock if the price decreased at least 20% from the market open price. Short-traders will be scared, as stocks will show that they have enough strength to become green. This often results in dollar-cost-averaging on repeated buy signals. This is a long only strategy which should generate a long entry when Price closes above the 200 EMA & generate a close signal when price closes past the 50 EMA Mar 27, 2022 · Has anyone wrote a strategy in thinkscript like below (or something similar)? (OrderType. thinkorswim is not that great for this, but it does allow you to visualize trades and get some idea of how well a strategy works. Certain requirements must be met to trade options through Schwab. Example ($1 wide): ABC trades at 100 ATM Straddle is 100 OTM Strangle is 99/101 OTM Strangle is 98/102 Jan 1, 2022 · From what I have read so far, thinkscript cannot put stock buy/sell order automatically, thinkscript cannot write to local computer. Buy Close Sell Open. Functions present in this programming language are capable of retrieving both market and fiscal 2 days ago · What is thinkScript®? thinkScript® is a built-in programming language that gives you the capability of creating your own analysis tools such as studies, strategies, watchlist columns, etc. Now, before I move further, I want to caveat by saying that this technique still requires you to manually write code, every time you’d like the condition to trigger you Oct 3, 2019 · How do you get the ATM straddle price, first OTM strangle price, and second OTM strangle price? Some underlyings are $1 wide, while others $2. RED); Any help MUCH appreciated. Mar 8, 2025 · BUY_AUTO Syntax. If you are looking for it to do both actions at once. The upper Chart shows SMA(9), SMI(200) , HeikenAshi CrossOverPoints 2 days ago · For the 16th episode of “How to thinkScript”, we’ll switch gears and explore writing thinkScript code to achieve as close to automated trading in ThinkOrSwim, as we can. As you have clearly noticed, the interface looks the same as in our previous simulated trading demonstration. 0, Take Profit, and Volatility Trading Range. 59 AM) Complete example: I Buy a stock at 10:00AM with a Sell Condition, custom script, to Sell at Market when the current 10 Aug 16, 2024 · Is there a way to Submit Sell_To_Close when the price reaches 5 points after whatever the price was at the Buy_To_Open order? My Code: # Evaluate 2 min over 5 day period # S. , 6 PM EST), closing if Apr 27, 2023 · The system I trade has me hold a position overnight, and then sell at the close the next day - which I currently implement by having tos open and watching the 5 minute 4 days ago · BUY_AUTO is a constant which AddOrder function uses to add a buying order for entering a new long position or closing a short one. 25 below. 2 days ago · Everything you wanted to know about REPAINTING and were afraid to ask ZigZags, Swings, Waves, Reversals, Pivots, Order Books, Fair Value Gaps and all Higher Highs-Lower Lows are all repainting indicators. g. EXTO: The EXTO session is valid for all sessions for one trading day from 8 p. "Supporting documentation for any claims or statistical information is available upon request. e. This opens up a world of possibilities, 1 day ago · Thread starter Similar threads Forum Replies Date; Repaints MTF Incredible Hulk Indicator For ThinkOrSwim: Strategies & Chart Setups: 8: Oct 26, 2023: G: Repaints MTF Oliver Velez's Fabulous 4 For ThinkOrSwim: Strategies & Chart Setups: 45: Sep 5, 2023: Repaints MTF Intraday 3-8 Bollinger Band with Squeeze for ThinkOrSwim: Strategies & Chart Setups 6 days ago · Chapter 10. 3 days ago · In thinkScript®, the highest past offset overrides lower offsets in the same study, which means that all expressions in a single study will have the same (highest) past offset. That is I want to be able to define what the floating P/L is 1 day ago · VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2. First of all, let’s discuss usage of if-expressions and if-statements in thinkScript®. It's only useful, in my opinion, if you're almost at the close of the current bar AND the current bar has touched or penetrated a ribbon for the first time. As you can see, both BUY_AUTO and SELL_AUTO constants open new positions and close previous ones. So you can “scale in”, but you cannot “scale out”. Reactions: Santhosh. Description. white, "SX"); Apr 7, 2020 · @wtf_dude Hi, I am new to Thinkscript and I appreciate your help. The first conditional order was to sell the stock if the price increased at least 10% from the market open price. Hi Everyone, 4 days ago · SELL_AUTO Syntax. I am trying to program a scan using your example above for a price going either up or down though an ATR trailing stop. white, color. In this case, it's with MACD. The sell signal should trigger whenever the open of the buy signal's is crossed over by the current candle, whatever number it could be. Aside from that, close <= (close-. SELL_TO_CLOSE. The information presented in this guide is for educational and informational purposes only. This thinkscript condition sold the stock during the trading day I bought: close[1] is less than EntryPrice() * 0. Nov 18, 2019 · Any ideas for the command to get stoploss loss order price into thinkscript. For example, close from 2 bars ago returns the Close price of the second last bar, close from 1 bar ago returns the Close price of the bar prior Jan 9, 2023 · Depending on the indicator you’re using in ThinkorSwim, you can customize the look and feel of it. 5 days ago · buy_to_close sell_auto The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. In chapter 6, we discussed how to use some past data in technical indicators, that is when you need a previous value of a variable or function when calculating those for the current bar. 05) will 1 day ago · Options carry a high level of risk and are not suitable for all investors. With thinkScript, traders can develop custom scripts to identify specific market conditions and generate buy and sell signals accordingly. As in close your current Long position and open a new Short position all-in-one then no it won't. 4 days ago · What is thinkScript®? thinkScript® is a built-in programming language that gives you the capability of creating your own analysis tools such as studies, strategies, watchlist columns, etc. Note that you can switch Dec 1, 2019 · AddOrder(OrderType. OrderType. 5% trailing stop as well, and then switch it back for a long trade. In this post, we will be going over the usage of SetPaintingStrategy, how to apply it in thinkScript, and how to combine it with the PaintingStrategy constant. 5% trailing stop from the 1st entry and then switch it to a short trade. Is there a function that tells the number of bars a Feb 3, 2025 · To define a moving average, we can use the “MovingAverage ()” thinkScript function. If you're running multiple exit strategies, whichever one qualifies first will exit the position and the other(s) will never fire. I'm trying to learn ThinkScript, so I'm creating different systems to learn various tricks. Oct 1, 2019 · I am new to thinkscript and would appreciate any help in writing the thinkscript code for a buy/sell strategy based on ADX and DMI+; DMI- trends on a 30m chart: Long Entry (LE) (1530); #function is eastern time zone #closing orders AddOrder(OrderType. BUY_TO_OPEN, macd_buy_sig, price = close, shares, tickcolor = Apr 21, 2023 · I have recently placed an order to sell a stock when 1 of 2 conditional orders were met, and this worked. Past performance of a security or strategy does not guarantee future results or success. Used in AddOrder function to add a buying order for entering a new long position or closing a short position. The stop loss should be based on the "close" of the previous day (and not intra-day price). ) as valid parameters for the aggregation period. Oct 1, 2019 · This thread demonstrates how you can use the AddOrder logic to create your own ThinkorSwim backtesting script. Used in AddOrder function to add a selling order for closing a long position. Bollinger Bands are a versatile technical indicator that helps you visualize volatility and price trends. An Addorder code that sells any open positions before market close, a way to tell my strategy to only take positions when the market is open and don't take any positions after market close. They could have been any combination of the following: Jul 28, 2015 · In the thinkscript editor on the Option Hacker page, I am currently using the 'Volume' keyword in a Study Filter, but that appears to be normal trading volume not the option volume. See the AddOrder article in the Others section. Jan 29, 2024 · Support and Resistance MACD Scalping Long Term Trading Toolbox Learn thinkScript ThinkorSwim: FAQ Premium Indicators Bitcoin Indicator Theta Gang Indicators Download ThinkorSwim. 98 Oct 1, 2019 · This thread demonstrates how you can use the AddOrder logic to create your own ThinkorSwim backtesting script. In the example script, this offset is equal to 10 and is assigned to both expressions. 01. Feb 3, 2025 · For the 23rd episode of “How to thinkScript,” we’re going to build a moving average crossover backtester to help us answer one simple question: AddOrder(Buy/Sell to Open/Close, Boolean trigger variable, price, quantity); 6 days ago · By default, this script returns the close of bid price for the currently selected symbol, with the price type customizable via input parameters. The impetus for this was to backtest buying /ES at open (i. In this envelope, bands will be shifted up and down from the close price by 10 percent, although you are free to specify any percentage you need: 25. See the AddOrder article in 2 days ago · Returns the Close price for the specific symbol, aggregation period and price type. Referencing Historical Data. Hi Everyone, Inspired by @RobertPayne and this post, for a while, I been trying to replicate the Jun 3, 2021 · Hi, I have a general thinkscript question. In the end, they still close their short positions – and this is another catalyst that will push stocks even higher. Ideally, Dec 8, 2021 · then the following formulas would be changed to = your buy and sell signals. 1 day ago · SELL_TO_CLOSE Syntax. BUY_AUTO. I think that in order to make a trade it needs to sell the same amount of shares I've bought, while on the sell order the tradesize is getting other numbers because the 'price' and 'teeth' are different than the ones on the buy order. You would need a separate order for each. Log in Register. Day, 2 Days, Week, Month, etc. Once this window is open, change the price rules to Market. The full list of the pre-defined string values can be found in the Referencing Secondary Aggregation article. . But I am still hoping there is a way to do that. Dec 7, 2021 · Hey, I'm not sure how to code the sell signal for the strategy because it doesn't specify a numbered candle after the buy signal's candle, like close[1] or close[2]. In thinkScript®, you decide which kind of data to analyze with which methods. I use it to create Conditional Orders. , the selling price should be entry price + 2 x atr Jan 1, 2022 · I'm trying to code a moving average cross for algo trading on TOS with two stop losses but Condition Wizard won't allow me at add a buy order and short sale order for the same ticker. The type of securities and investment strategies mentioned may not be suitable for everyone. The short trade will cover with 0. The type of securities and investment strategies mentioned may Oct 31, 2022 · AddOrder(OrderType. Limit on Close: Submits a limit order to buy or sell at a specific price or better at the close of trading that day. I'm trying to create a label that display the current value of the 21ema on the chart in thinkorswim. Functions present in this programming language are capable of retrieving both market and  · How to use GOLDMEAN'S 1-bar forecast. def IsUp = close > open; plot PatternPlot = IsUp[1] and IsUp[0] and close[1] < close[0]; How do I Aug 23, 2021 · thanks for the reply. I cobbled together a bunch of examples I found through Google into the samples provided below. As mentioned above, if 310 contracts traded at the Ask price, they were most likely all Buy orders. If you read the previous post earlier, I hadn't mention the forecast aspect (added it later). ORANGE, Nov 15, 2021 · In this simple Strategy, I need help adding 3 things. 6 days ago · SELL_TO_CLOSE PaintingStrategy The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Nov 30, 2020 · As others have said Sell Auto will only do one action for you - close your Long position or open a Short position depending on the situation. 07. So the next bar is very likely to also touch or penetrate the ribbon. Users of thinkorswim® platform are provided with a powerful and flexible tool called thinkScript® Mar 7, 2025 · What is thinkScript®? thinkScript® is a built-in programming language that gives you the capability of creating your own analysis tools such as studies, strategies, watchlist columns, etc. I just need to be able to add the dynamic 0. 4 days ago · BUY_AUTO is a constant which AddOrder function uses to add a buying order for entering a new long position or closing a short one. nan; # a price level or a formula def pricedata = low; # some number that is greater than the number of bars on the chart input barsBack = 1000; # if a small number is used, then Mar 7, 2025 · Here is a list of thinkScript® usage specifics when applied to Conditional Orders: You are free to use bid and ask functions; Studies must have exactly one plot. com. Vice versa, SELL_AUTO is used to add a selling order for entering a new short position or closing a long position. Feb 9, 2025 · BUY_TO_CLOSE Syntax. Example. still learning On sell order to close, i wish to set the script to sell when the price hit 2 x ATR. If you would rather use the thinkScript editor, you can copy and paste this code and bypass the previous steps that used Jul 17, 2018 · The salient point is your question about whether these transactions were "Buy to open (going long) or Sell to open (going short)". Dec 1, 2024 · Hey guys. In this case, I used the absolute value rather Oct 1, 2019 · This thread demonstrates how you can use the AddOrder logic to create your own ThinkorSwim backtesting script. The initial trailing stop value is set at a certain distance (offset) away from Jul 5, 2020 · Next, on the order entry window, click the settings gear icon on the far right side of the screen for the buy order. They consist of three lines: the middle band, which is usually a 20-period simple moving average (SMA), and two outer bands that are typically set two standard deviations above and below the SMA. 3 days ago · AddOrder(OrderType. thinkScript in Conditional Orders In thinkorswim, orders can be automatically placed or canceled when a study-based condition is Mar 4, 2025 · The Trump administration announced Tuesday that it is considering selling off hundreds of “non-core” federal properties, according to the General Services Administration. Contents show Feb 18, 2017 · This allows a buy strategy to buy more positions if there are more buy signal trigger that occur before a sell signal trigger. ET until 8 p. Feb 3, 2025 · Understanding Bollinger Bands. ET, Sunday through ThinkScript. May 16, 2019 · I am trying to create a custom conditional order using thinkscript. Apr 12, 2019 · Backtesting with thinkscript Apr 12, 2019. #AddOrder(ordertype. , sell the stock if it closed 2% less than what I paid for it. I have my scan on an ATR period of 5 Jun 2, 2021 · VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2. input price = close; input long_average = yes; plot Avg; if long_average {Avg = Average Many buy in a long position to be able to catch the gap. Aug 15, 2020 · QuestionsStrategy GuideStrategy to buy open of first trading day of the week « Back to Previous PageCategory: Strategy Guide 0 ♥ 0 Strategy to buy on open of Monday or first trading day of the week then sell at % gain dictated by user input Hello Pete, I recently watched your “Thinkorswim Strategy [] Oct 4, 2022 · In thinkScript, PriceType is a constant that displays selections of price quotations. Thanks, Gary Reply Quote Nov 12, 2022 · The Up/Down Volume Ratio for ThinkorSwim sheds light on the stock’s buying and selling pressure based on its volume. ASK LAST The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Let's assume a trader is long an exchange-traded option using a buy to open order on a call option on Company A. 2 days ago · Market on Close: Indicates you want your order to execute as close as possible to the market closing price. Functions present in this programming language are capable of retrieving both market and fiscal data Mar 8, 2025 · QuestionsStrategy Guide% Trailing Stop Loss Setup TOS Strategy « Back to Previous PageCategory: Strategy Guide 0 ♥ 0 I am wondering if it is possible to predefine entry price based on signal. Here’s another example: To May 16, 2019 · I am trying to create a custom conditional order using thinkscript. input lineLength = 4; def lastBar = !IsNaN(close) && IsNaN(close[-1]); Apr 15, 2021 · def bn = barnumber(); def na = double. I've been experimenting with making a strategy using indicators. 4 days ago · Trailing stop orders can be regarded as dynamical stop loss orders that automatically follow the market price. Mar 8, 2025 · Here is a list of thinkScript® usage specifics when applied to Conditional Orders: You are free to use bid and ask functions; Studies must have exactly one plot. BUY_TO_OPEN, signal1, tickColor = GetColor(0), arrowColor = GetColor(0), name = "Long"); What I can't figure out is how to code a sell to close order after Oct 11, 2022 · I'd like to backtest a strategy that buys at a candle's open, sells when it hits a profit target or the candle closes (whichever comes first). With the "GetAveragePrice()" prebuilt command, it's easy to get the current trade price but I'm unable to find similar (or some other workaround other than manually entering) for stploss price. Used in AddOrder function to add a selling order for entering a new short position or closing a long position. 5. It also contains requests and code examples made by other members—worth looking over. #thinkscript indicator : Previous_Day_Close_Line #It draws yesterday 5 days ago · Options carry a high level of risk and are not suitable for all investors. If so, there is no way to discern the intent of the buyer. With ThinkScript, users can create custom technical indicators, study filters, and automated strategies to enhance their trading strategies directly within the thinkorswim Sep 29, 2022 · A buy signal is generated when the VIX increases by more than 50% of its 1-month moving average. May 12, 2023 · Creating Custom Buy and Sell Signals. Sort by date Sort by Apr 25, 2020 · This is the thinkscript conditional order generated for a simple low price break of EMA. The long trade will close out with 0. Code: do you know if there is a way to use the function SELL_TO_CLOSE on the conditional orders? I would like for example to buy 4 SPY following the rule you gave me. Vice versa, SELL_AUTO is used to add a 3 days ago · Returns the price of the entry order. For example, exit XYZ when price is at least x bars from the entry (horizontally) and at least $1 above the entry (vertically). do you mind help me with some code as i am new to coping with thinkscript. SELL_TO_CLOSE, sell, FixedStopLoss, tickColor = Color. 5 or $0. The previous day's close level is important to determine intraday directional bias. I am thinking to do testing, when a condition is met, I'd Apr 15, 2024 · 1. SELL_TO_CLOSE, close crosses above cond_1_High or smi3, cond_1_High); Last edited: Mar 27, 2022. SELL_TO_CLOSE, (TimeOpen >= 0 and TimeClose <= 0) and bearishTrigger, open[-1], 1, Color Feb 15, 2023 · ~ The Sell occurs when the current candle I am using for the stock (ex: 10-minute candle) ends (ex - 10:09. Not investment advice, or a recommendation of any specific security, strategy, or account type. Hi Everyone, May 10, 2021 · Hi, I'm new (just created my account), and was wondering how I can get this indicator/strat to populate buy and sell signals. thinkScript in Conditional Orders In thinkorswim, orders can be automatically placed or canceled when a study-based condition is Jun 16, 2021 · QuestionsStrategy GuideUsing thinkscript to close all open positions « Back to Previous PageCategory: Strategy Guide 0 ♥ 0 Hi I am wondering if it is possible to use thinkscript to close all my open positions when my “Net Liquidation” falls to a certain value ? So its like thinkscript will loop through all [] Apr 3, 2023 · To place an order with Thinkscript, all you need to do is to go over to the Trade window where you can select your asset and then buy or sell it by clicking the Bid and/or Ask buttons. Trailing Stop Links Order Statuses You may also like. You can use these orders to protect your open position: when the market price reaches a certain critical value (stop price), the trailing stop order becomes a market order to close that position. 2012 #hint: The MACD Strategy uses a MACD to generate Buy and Sell signals. Repainting Oct 1, 2019 · # MACD Strategy # Mobius # [email protected] # V. Disclosures. Or 3 bars etc So I change number of bars to see the strength of a typical breakout per each moveing average breakout or any other strategy. Functions present in this programming language are capable of retrieving both market and fiscal data 2 days ago · These are two human-readable commands which tell thinkScript® to check whether shorter average crossed above the long one. 0; plot UpperBand = close * (1 + percentShift / 100); plot LowerBand = close * (1 - percentShift / 100); This script will draw an envelope based on the Close price. Pricing. Nice thing about this study is that it allows me to view how the Buy Sell routine would have performed on the Historical Chart. Nowadays, we are able to create complex technical indicators and strategies using data one could not even imagine back in the time. Sell_TO_CLOSE, EOD or closeAllCondition, price = close, tickcolor = Color. m. SELL_TO_CLOSE, low < EntryPrice() - (EntryPrice Jun 18, 2020 · A thinkscript code to help you plot previous close to your ThinkorSwim chart. 8 4 days ago · By default, this script returns the close of last price of the currently selected symbol, with the price type customizable via input parameters. 2. The format is the following: To create our two moving averages, we can use the function above and plug in the input variables in the Nov 22, 2022 · VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2. ThinkScript is a powerful scripting language developed by TD Ameritrade’s thinkorswim platform, tailored specifically for traders and investors seeking to customize their trading experience. For several entry orders in the same direction as the currently held position the function returns the average price for all of them. The idea originally came from Investors. # \n A Fractal Sep 8, 2022 · I have been able to create a ThinkScript Buy-Sell Study . 5, 47. Using SetPaintingStrategy in thinkScript, the plot can be changed from a line to an arrow seamlessly. I would also like the label to be colored green if the last bar is over the 21ema or red if the last bar is below the 21ema. Let's say i have the following code: def macd = reference MACD(fastLength, slowLength, macdLength, averageType). The following code is a collection of different codes Oct 1, 2019 · With the buy order there's not a problem. The idea is to sell an existing positon if the latest closing price is lower than the lowest price in the previous bar. That said, we can create an indicator for ThinkorSwim based on that condition. close would have to be changed to = the option close, close( option symbol ) def long_open = 0; def short_open = 0; def long_close = short_open; def short_close = long_open; maybe this study can be altered to generate the desired option data Dec 31, 2023 · Example of Selling to Close . This will bring up the order rules window. Adds a Sell Oct 31, 2022 · The thinkScript EntryPrice function is utilized in the script above to close a long position when the price is either greater than the entry price by 15 (to realize profit) or less than 10 to minimize losses. SELL_TO_CLOSE, close > EntryPrice() + 15 or close < EntryPrice() - 10); The thinkScript EntryPrice function is utilized in the script above to close a long position when the price is either greater than the entry price by 15 (to realize profit) or less than 10 to minimize losses. RED, arrowColor = Color. May 10, 2019 · For ex: "After price breaks above 20 day moving average, close trade after 5 bars". 2 days ago · thinkScript Tutorials. 4 days ago · Just like many other programming languages, thinkScript® offers users the standard if-then-else scheme, however, there are several ways to employ it in script. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options. Mar 7, 2025 · Options carry a high level of risk and are not suitable for all investors. Diff; def macd_buy_sig = macd crosses above 0; AddOrder(OrderType. Hi Everyone, Jan 27, 2020 · Does anyone know if the EntryPrice() function works with lower Floating P&L study's that reference a custom strategy? I'm working on a custom Floating PL to allow for more comprehensive backtesting of strategies. 3. SELL_AUTO. Aug 12, 2021 · I made a simple candlestick study, where there are two bullish candles, the only condition being the second candle has a higher close than the first. May 10, 2023 · I want to backtest a strategy that does a SELL_TO_CLOSE within a given number of bars if a target price hasn't been reached. BUY_TO_CLOSE. ORANGE, arrowcolor = Color. Code: Def cond1=if high>high[1 Oct 7, 2021 · Moving Average Label Hello Y'all. 5 days ago · It’s no surprise that there were times when technical analysts did not have computers to apply newly designed techniques to charts. The average types and lengths are adjustable. 5 days ago · What is thinkScript®? thinkScript® is a built-in programming language that gives you the capability of creating your own analysis tools such as studies, strategies, watchlist columns, etc. Obviously, the script would replace the "auto buy to close" or auto sel to closel" at the bottom of a TOS strategy. This helps you determine whether there has been a change in market sentiment for a particular stock. 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 Oct 1, 2019 · This thread demonstrates how you can use the AddOrder logic to create your own ThinkorSwim backtesting script. Just like it can be expected, the script producing Sell signals for the double crossover method will look like this: declare lower; plot isBelow = Average(close, 5) crosses below Average (close, 20); 2 days ago · Options carry a high level of risk and are not suitable for all investors. auzskv toodb rix ikjb oiifw ictjy mjmnjit pxnfi zdsd wrsgj tukza ydoa qrlzcs cxcc qpxtz