No matter what the timeframe, in those contexts (scans, etc. The condition is always in a 'if…​. We are all grateful to them for their selfless contributions. The third parameter, int max offset,is a fail stop value to prevent an endless loop in the scripting engine. C- THE 'AdvanceDecline' STUDY herein is an excellent example of this. "UpperBand" is greater than KeltnerChannels(). If you want to find something, enter what you want into the 'find' tool of the PDF reader and it will navigate you to the possible matches. input choice = {default increase, decrease};#hint Choice: Choose Increase or Decrease % Uses define a recursive variable. First of all, anything within brackets is optional. level = 0; It uncovers the true culprit for lack of consistency when it comes to stock picking: lack of focus and self-confidence. Maximizing the trader’s state of mind is the key to successful results. Occasionally this color is hard to read if it is close to your screens background color. will no longer work and will not be changed to the new study name. International trade theories are simply different theories to explain international trade. This is where study highlighting can come in handy for finding the right place and time to double-click. "ADX" > 40 && DIPlus(). Uses the data of the entire plot. For example, if you want to count the number of days that have risen 1%, you would substitute the term 'close > open' with '(close/close[1] > 1.01) '. Calculates the simple moving average using fold. Scan for PreMarket that shows stocks > 1% from Bid above Close last nite? NOW/B4 is the "RATIO", In words, final value divided by the original value; minus one; times 100. This is a hard-fast rule that often comes into play. Factors that were in great supply relative to demand would be cheaper; factors in great demand relative to supply would be more expensive. Comment3: Each of the 11 crossover scans are selectable in the Scan/StockHacker tab. Usage example: You may have a stock plotted on the upper panel:Say an oil company, CVX. if SlowK > SlowD then color.green else if SlowK < SlowD then color.red else color.gray. Line, Bar, Candle, or the color. because it was the reverse of what was expected by the factor proportions theory. Alternate 3: For a better study for the scan, use this. GetDayofWeek, GetDayofMonth, RegularTradingEnd and RegularTradingStart all utilize a yyyyMmDd input parameter format:The same output format as GetYYYYMMDD(). In the above chart the capitalized words are the names used to specify that color i.e. Open a new study. "Advance/Decline Line" then "Advance/Decline Line" input MA2_length = 200;#hint MA2_length:Input a MA2 length This value is the number of milliseconds since the epoch (January 1, 1970, 00:00:00 GMT). def _volAvg = Average( volume, length ); This free tool will help you to get the RGB values for any color you desire to compose. Remember that the fold calculation is executed at every bar as ThinkScript processes from bar 1 to the last bar. This defines how many times the fold calculation loops on each bar. def TwelveOclock = secondsFromTime(1200) > 0; This is useful when assessing price changes and comparisons. This scan does a good job finding stocks that are tanking! To answer this challenge, David Ricardo, an English economist, introduced the theory of comparative advantage in 1817. Clusters are powerful points for buy/sell decisions. Their theory, also called the factor proportions theoryAlso called the Heckscher-Ohlin theory; the classical, country-based international theory states that countries would gain comparative advantage if they produced and exported goods that required resources or factors that they had in great supply and therefore were cheaper production factors. Using the '+' symbol is much easier to master and is recommended. Through a better understanding of themselves, as well as of Wall Street’s realities, traders will come to leverage the power of their psyche for unprecedented profitability. StanL did to live on. Linder’s country similarity theory then states that most trade in manufactured goods will be between countries with similar per capita incomes, and intraindustry trade will be common. The solution is to pare the script down to its essence and apply some good ole brain power to the data. VolPct.SetPaintingStrategy(PaintingStrategy.LINE); Example 5: Uses sum to look for a divergence. We would like to show you a description here but the site won’t allow us. AddChartBubble(Isnan(Close[-1]) && ShowBubbles, MovAvg200, (MA2_length + "-Day MA"), Color.DARK_ORANGE); addLabel(1,"Mov Avg input price choice = " + (if price == close then "close" Comment: The effectiveness of this system has not been verified. def barnumber = BarNumber(); 1 to 366, 1 to 53, 1 to 12, and the year respectively. I’ve written extensive notes for the curious to explain how it works, how and why the statements are built the way they are. Comment: The above plots a light_green point (dot) whenever there are two consecutive lower closes. plot ROC_Pos = RateOfChangeCrossover( crossingType = "Negative to Positive").signal; The above reads as 'scan for when the rate of change crosses above zero (or goes positive).'. An example is input endDate = 20100101; Functions that use GetYYYYMMDD() as a parameter are: GetDayOfWeek(int yyyyMmDd);#Returns the day of week from 1 (Monday) to 7 (Sunday). The defaults are accelerationFactor = 0.02, accelerationLimit = 0.2. His theory stated that a nation’s wealth shouldn’t be judged by how much gold and silver it had but rather by the living standards of its people. 1 to 366, 1 to 53, 1 to 12, and the year respectively. Use of '…​' and "…​" Often the single and double quotes are used to identify precise coding, words or statements whose use is not intended to include the quote marks themselves. Use Git or checkout with SVN using the web URL. may be any TOS features worth knowing. input time = 1000;#hint time:Time to place the arrow at. Visit the site, If aggregation is 'week' then 'agg-bars ago' is 2 weeks ago. If you want to see a dot anytime the condition is true, then remove the '&& !cross[1]'. The heart of the fold function is the 'do expression' which is crucial for success but is not naturally intuitive. A time is always associated with a bar. You can always update your selection by clicking Cookie Preferences at the bottom of the page. Chapter 1 "Introduction", Section 1.4 "The Globalization Debate" discussed how Thomas Friedman’s flat-world approach segments history into three stages: Globalization 1.0 from 1492 to 1800, 2.0 from 1800 to 2000, and 3.0 from 2000 to the present. else if price == open then "open" or 15/10 = 1.5; 1.5 - 1 = 0.5; 0.5 X 100 = 50 % increase. 930 def timeTest = SecondsFromTime(time) == 0; plot scan = price1 >= term; To scan for above happening within the last 15 days the above would read Note that int max offset is a fixed integer value, while IDataHolder dynamic offset is an expression that defines the offset value. You create a new study for each condition so it will be plotted or you may combine condition plots in a study if you are able to identify one condition from another by colors or type of plot. Such rules may be simple or complex but, regardless, are not easy to remember. The firm-based theories evolved with the growth of the multinational company (MNC). This book assumes you have at least a basic working knowledge of the R platform. plot Data = ( price - close1) / close1 * 100; The function is not easy to use but understanding the purpose of the components will help you to feel comfortable with it. The word 'double' is often vague in its meaning in ThinkScript but it means a floating-decimal-point-number of double precision in programming terminology. "DI+" > DIMinus(). are different from the normal chart aggs. Two very popular expressiona for IDataHolder dynamic offset are LookUpHighest(price,'look up price',length) and LookUpLowest(price,'look up price',length). else if price == hl2 then "hl2" The above is a study named Bar_Number_Plot_Interval.txt available at http://mytrade.com/StanL. Also an esteemed TS coder has written the '3X oscillator' for use specifically with the 9/30 setup.