WebOpening range or initial balance based on a custom start and stop time (can be first 30 minutes high/low, first hour, etc.) Range based on any 2 manually-entered prices on your chart Range based on any 2 manually-entered dates on your chart Rolling period /length of … WebDec 16, 2014 · Initial Balance – The first hours range. Value Area – Where 70% of the day’s trading took place. Value Area High (VAH) – The upper level of value area. Value Area Low (VAL) – The lower level of value area. Point of Control (POC) – Price where the most trading occurred (longest line of TPOs).

Initial Balance High and Low (IBH & IBL) - Linnsoft

WebThis script calculates six data values based on the initial value of the Close to Open ratio for each bar. Data1 calculates the square of this value with Sqr function. Data2 returns the … WebThe thinkscript documentation infers that there are more forms of the if-then-else, but the additional examples are merely the base form shown with nested if-then-else … how to learn to be compassionate

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Web• Introduction Using Scripted Average True Range thinkScript Studies on thinkorswim Trader Talks Webcasts from TD Ameritrade 80.3K subscribers Subscribe Like Share 2.3K … WebThis new Thinkscript study automatically plots the Opening Range breakout levels, sometimes called the Initial Balance, on your chart each morning in ThinkOrSwim. The … WebDec 27, 2024 · This thinkScript code defines four things—“ivol,” “lowvol,” “highvol,” and “currentvol,” and bases them on the value of “imp_volatility.” “imp_volatility” is a study that gives you the platform’s “Vol Index” number, which is a stock’s options’ overall implied volatility. The “if !IsNaN” returns zero if the Vol Index is unavailable for a symbol. how to learn to boat