CORRECTION - For lines 8 & 9, at the 6:36 mark in the video, the symbol for highTick and LowTick should be "$TICK" instead of "$ADSPD". Thanks to our awesome community (Ron, Don and Marcus) for catching that error!
Is it possible to add the difference between the advancing stock and the declining i.e advancing stocks minus declining stocks or declining stocks minus advancing stocks, Trying to figure out if that difference is an indicator of the strength of the divergence, If the difference is small then false signals but if the difference is large, then signal likely to be true....my hypothesis. Stocks in the index are weighted difference, factors to consider. As you plot the symbols is it possible to add the difference between the advancing and declining stock
Hi Tim - you can use the $ADSPD as a starting point, and manually code in boolean conditions based on what you consider to be a "small difference" to test your signal.
Thank you for having these videos. I have been spending a lot of time lately trying to learn how to think script. Having a clean walk through like this is a powerful way to learn. I started by taking functional scripts available online and tearing them down changing the code parameters so that I could visualize what was happening to the indicators. Also what was not allowed 😅 The Coding brought back memories from my college statistics course. Eventually I intend to create my own from scratch and I have ideas what I want when I reach that point. I mod have a question if you still read these. I haven’t been able to figure out how to code the minimum and maximum Y axis of the sub chart. Is this something i can access or is it already preset in think script? Thanks again for your time.
Hi there - glad the videos help! You could try using the "Highest" and "Lowest" functions to manually find the max/min values of the y-axis, for whatever sub-panel study you are using.
Hi Limmy - you can download the Supply/Demand Imbalance indicator directly from our website (for free) and compare with your version to see where you may have typos. Download link (also in the description box): tosindicators.com/indicators/supply-demand-edge
Hi Dennis - If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
Hi Mike - If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
Followed the video to a T and input the code and I’m not getting any of the arrows on my charts when I try to apply it. I followed the anchored VWAP video and that worked perfectly. This one isn’t working, I also corrected lines 8 and 9 per the corrections noted. Any idea why? Thank you.
Hi Pablo - try comparing your code with the one available on our site, to see where you may be facing issues. You can also download and import the Supply/Demand indicator directly into TOS, if you prefer that option. tosindicators.com/indicators/supply-demand-edge
I downloaded this to check it out but it downloads as a .TS (video) file. How do I open this file so that I can get to the the study text for copy and paste
Hi Abdi - If you need help unzipping the compressed file and importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
its just a .txt file that can be opened in Wordpad or the notepad app on windows and then you copy and paste in the code into the ToS Thinkscript editor on the software platform and save it and give it a name. Change your defaults to open the .ts file to be wordpad or notepad. I had the same thing happen to me and my system wanted to use VLC media player :P
@@TOSIndicators Ok, but the link leads me to a page and there is a button to download "supply-demand imbalance". when I click on it, I got some video file which I can't even play it. is this how it is supposed to be?
Hi Muhammad - If you need help importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
Hi, so I put the code into tos and I'm getting lots of short signals while the prices of /es are consistently going up like the session might start off with two long indicators, and then while the price climbs the rest of the day I keep getting new short signals while price still achieves new highs. Is there an explanation for why this might be happening?
Hi Juan - You can download the indicator for free from our website here, and compare to your code to see where you may be facing issues: tosindicators.com/indicators/supply-demand-edge
If you need help importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
I cannot open the zip file, it said "The document “TI_SupplyDemandEdgeSTUDY.ts” could not be opened. The file isn’t compatible with QuickTime Player. Any help here please?
Hi Carlos - If you need help importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
On lines 8 & 9, around the 6:45 mark in the video, were you supposed to change $ADSPD to $TICK in every spot? It looks like maybe you missed a couple spots?
@@RonWikso Hi Ron, Make sure that you have extended hours turned off. Since the $ADSPD and $TICK don't plot after hours, the indicator won't plot if they are left on. Nice catch! We updated the downloadable code with replacing the remaining "$TICK" to reflect the changes, and gave you a credit for the discovery in the comments of the code. Thanks, TOS Indicators
Hi. I am using a 1600 tick chart on TOS trading SPY options. This is the only chart I am using. I was able to download the script, and add it into my list of chart inputs but it does not provide any info on the chart. Is there some code I need to add or something else. Thanks, Tom.
The Supply Demand Edge indicator works only with time-based charts, not tick-based charts. Your best bet is to use a time-based chart for signals, and a 1600 tick chart for execution.
Hey really liked the video and I appreciate you guys taking the time to make these scripts. I downloaded the script off the website, but I'm seeing a lot of colors for the arrows, none of which I saw in the video. Some arrows are green, some arrows are white, some arrows are white with a red outline. I'm guessing something changed since you guys first published the video. Is there a guide to the arrow colors?
Hi Jose - no changes and works fine on my end. Sounds like you may have multiple indicators on your charts that may be plotting the additional arrows. You can try testing with only the Supply/Demand Divergence indicator loaded on to see the arrows from that indicator only.
HELP- Can someone please paste the code for supplyDemandEdge here in the comments ... I tried to download it, but can't seem to get it open... Thanks!!
Hi James - you can download the Supply/Demand Edge indicator directly from our website, and open the file via a text editor (ie. Sublime or Notepad), or import directly into ThinkOrSwim.
The indicator is available for download on the indicator page: www.tosindicators.com/indicators/supply-demand-edge If you're having issues with logging in, feel free to e-mail us at contact@tosindicators.com.
ok got the download but when i entered it only got the arrows, no red and grren bar on top and bottom like in the video. I tried with extended hours off and on and I am looking on the 1D:1M intraday chart. is there something else I can do to get the supply and demand edges
@@leticiavincent3674 Sounds like you're referring to the Volatility Box (red and orange clouds), which is a paid subscription available here: tosindicators.com/volatility-box
@@tbatts7 Make sure that you have extended hours turned off. Since the $ADSPD and $TICK don't plot after hours, the indicator won't plot if they are left on.
hey so i tried the script exactly how you had it and i also tried the downloadable one as well but the only indicator that shows on my chart are the arrows but not the lines above and below the candles
Hi Jarred - make sure you're on an intra-day time frame chart (as it uses the $TICK and $ADSPD values). It also helps to have extended hours turned off (when those values are not calculated).
Turned on this indicator on an intraday chart and have extended hours off. I believe I might be getting to many AD buy/sell indicators as almost every bar on SPY, /ES, FB has an AD arrow. Is this to be expected?
Hi Colin - you can start to increase your time frame if you'd like to lower the "noise" you see, with regards to too many signals. When the tutorial was made, a 3m chart used to be a nice balance between too much noise, and lagging signals.
@@TOSIndicators is this indicator better off for scalping SPY since you said the 3mins signal seems to be the most reliable. Also do you think it will work for non S&P stocks? Thanks. I will also continue back testing
hello there! I'm trying to download the supply and demand indicator but its only popping up 1 video inside and not letting me do anything, please help! thank you in advance!
You can import the STUDY.ts files directly into ThinkOrSwim using the "Import" button inside of the studies menu. Feel free to email us at contact@tosindicators.com if you have any other questions, or need more clarification.
You can import the file directly into TOS using the "Import" function in the Studies menu. Feel free to e-mail us if you have need assistance at contact@tosindicators.com.
If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
Thanks but no one indicator works all the time.... there is a chance you have false positive, meaning shorting against uptrending or buying a downtrending day. In some instances, the entries needed to be nearly perfect. ... for example July 13, 2023, uptrending day and the indicator kept telling to short against an uptrend. Could you possibility make money? Yes. but, too risky frisky. Definetly get wrecked on July 5, 2023! The indicator showed a divergence to short but the market was clearly trending up. Then you have the complete opposite the next day July 6, 2023. The market was gapped down and the indicator kept telling you to buy and adding to the down trend. Even the your video 15:37 shows it (July 13th)....
Can we have a confluence indicator? where $aapl and $QQQ is up on the 3 min $ADD is up on the 1min and $SPY on the one and five minute are up and we draw an up arrow? then a vice versa for a down arrow? pls.
You can download and import the indicator file directly into TOS using the "Import" function in the Studies menu. Feel free to e-mail us if you have need assistance at contact@tosindicators.com.
CORRECTION - For lines 8 & 9, at the 6:36 mark in the video, the symbol for highTick and LowTick should be "$TICK" instead of "$ADSPD".
Thanks to our awesome community (Ron, Don and Marcus) for catching that error!
On line 9, after the second 'then', should it be 'low(symbol="$ADSPD")' not 'high(symbol="$ADSPD")? Same on line 12 for $TICK?
WOW! Thank you so much for posting this video! This is really helping me create an RSI divergence indicator of my own.
My pleasure Kevin! Glad it helped.
Absolutely some of the most inspiring and selfless acts. well done.
Thanks Sherwin! Appreciate the kind words, and I'm glad you liked the video.
Thank you for this. At 15:09, "slammed into our volatility box", is that an additional indicator on your chart?
Hi there - Volatility Box are our custom volatility models that we update weekly for futures and stocks.
www.tosindicators.com/volatility-box/
Thank you! I only trade SPY options, and looking for something in addition to this indicator as further valication.@@TOSIndicators
Thanks for this!!!!! 🙏🏾🙏🏾💯
My pleasure, Terry!
Thanks! I'm learning more and more.
Glad to hear it!
Is it possible to add the difference between the advancing stock and the declining i.e advancing stocks minus declining stocks or declining stocks minus advancing stocks, Trying to figure out if that difference is an indicator of the strength of the divergence, If the difference is small then false signals but if the difference is large, then signal likely to be true....my hypothesis. Stocks in the index are weighted difference, factors to consider. As you plot the symbols is it possible to add the difference between the advancing and declining stock
Hi Tim - you can use the $ADSPD as a starting point, and manually code in boolean conditions based on what you consider to be a "small difference" to test your signal.
Very Interesting thanks
Tried to take a look at your website but it seems to be down?
Could you try refreshing and accessing the site again?
Thank you for having these videos. I have been spending a lot of time lately trying to learn how to think script.
Having a clean walk through like this is a powerful way to learn.
I started by taking functional scripts available online and tearing them down changing the code parameters so that I could visualize what was happening to the indicators. Also what was not allowed 😅
The Coding brought back memories from my college statistics course.
Eventually I intend to create my own from scratch and I have ideas what I want when I reach that point.
I mod have a question if you still read these.
I haven’t been able to figure out how to code the minimum and maximum Y axis of the sub chart.
Is this something i can access or is it already preset in think script?
Thanks again for your time.
Hi there - glad the videos help! You could try using the "Highest" and "Lowest" functions to manually find the max/min values of the y-axis, for whatever sub-panel study you are using.
hey man, loved this video - after i hit apply and the codes match up exactly - nothing happens on the chart. Any Idea why?
Hi Shameel - you can download the indicator from our website to compare side by side with your code and see where you may be facing issues.
Input all of the code but nothing showing on my chart.
Hi Limmy - you can download the Supply/Demand Imbalance indicator directly from our website (for free) and compare with your version to see where you may have typos.
Download link (also in the description box): tosindicators.com/indicators/supply-demand-edge
Your download doesn't seem to work for supply/demand.
Hi Dennis - If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you:
tosindicators.com/thinkscript/how-to-import-thinkorswim
Not at the moment, unfortunately.
I appreciate it but it does not download correctly on a Mac
Hi Mike - If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
Followed the video to a T and input the code and I’m not getting any of the arrows on my charts when I try to apply it. I followed the anchored VWAP video and that worked perfectly. This one isn’t working, I also corrected lines 8 and 9 per the corrections noted. Any idea why? Thank you.
Hi Pablo - try comparing your code with the one available on our site, to see where you may be facing issues. You can also download and import the Supply/Demand indicator directly into TOS, if you prefer that option.
tosindicators.com/indicators/supply-demand-edge
@TOS indicators my old Mac will not let me open the the indicator and your video is too small to see. do you have this typed out anywhere already
Hi there, link to download is in the description box.
Can you create TTM_TREND?
I downloaded this to check it out but it downloads as a .TS (video) file. How do I open this file so that I can get to the the study text for copy and paste
Hi Abdi - If you need help unzipping the compressed file and importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
its just a .txt file that can be opened in Wordpad or the notepad app on windows and then you copy and paste in the code into the ToS Thinkscript editor on the software platform and save it and give it a name. Change your defaults to open the .ts file to be wordpad or notepad. I had the same thing happen to me and my system wanted to use VLC media player :P
How to download the script? is it really free or just to collect our e-mail?
Hi Muhammad - you can find a download link for the indicator in the description box.
@@TOSIndicators Ok, but the link leads me to a page and there is a button to download "supply-demand imbalance". when I click on it, I got some video file which I can't even play it. is this how it is supposed to be?
Hi Muhammad - If you need help importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
Hi, so I put the code into tos and I'm getting lots of short signals while the prices of /es are consistently going up like the session might start off with two long indicators, and then while the price climbs the rest of the day I keep getting new short signals while price still achieves new highs. Is there an explanation for why this might be happening?
Hi! i coded the indicator completed exactly but i do not see the arrows showing up on the charts. Help?
Hi Juan - You can download the indicator for free from our website here, and compare to your code to see where you may be facing issues: tosindicators.com/indicators/supply-demand-edge
Hi
I tried to download the indicator but it wouldn't let me, is there missing something, can you help I am using mac Thanks
If you need help importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
I cannot open the zip file, it said "The document “TI_SupplyDemandEdgeSTUDY.ts” could not be opened. The file isn’t compatible with QuickTime Player. Any help here please?
Hi Carlos - If you need help importing the indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
@@TOSIndicators Thank You very much!!
On lines 8 & 9, around the 6:45 mark in the video, were you supposed to change $ADSPD to $TICK in every spot? It looks like maybe you missed a couple spots?
Also, I just added it to TOS and put it on 2 charts but it doesn't show any results on those charts. Seems a bit strange, no?
@@RonWikso Hi Ron,
Make sure that you have extended hours turned off.
Since the $ADSPD and $TICK don't plot after hours, the indicator won't plot if they are left on.
Nice catch! We updated the downloadable code with replacing the remaining "$TICK" to reflect the changes, and gave you a credit for the discovery in the comments of the code.
Thanks,
TOS Indicators
@@TOSIndicators Cool, thanks!
Hi. I am using a 1600 tick chart on TOS trading SPY options. This is the only chart I am using. I was able to download the script, and add it into my list of chart inputs but it does not provide any info on the chart. Is there some code I need to add or something else. Thanks, Tom.
The Supply Demand Edge indicator works only with time-based charts, not tick-based charts. Your best bet is to use a time-based chart for signals, and a 1600 tick chart for execution.
@@TOSIndicators Thanks for the suggestion.
Great indicator! Can you input rows of level 2 into a script? I am trying to plot the first 5 rows of the bid and ask in level 2.
Hi Matthaios - glad you liked the indicator! Around your question, I don't believe it's (currently) possible to access L2 data via thinkScript.
Hi, does this indicator suitable for options too?
Hi Fionna - the indicator will plot on the underlying, and you can choose which asset class you'd like to use to place the trade.
Hey really liked the video and I appreciate you guys taking the time to make these scripts. I downloaded the script off the website, but I'm seeing a lot of colors for the arrows, none of which I saw in the video. Some arrows are green, some arrows are white, some arrows are white with a red outline. I'm guessing something changed since you guys first published the video. Is there a guide to the arrow colors?
Hi Jose - no changes and works fine on my end. Sounds like you may have multiple indicators on your charts that may be plotting the additional arrows. You can try testing with only the Supply/Demand Divergence indicator loaded on to see the arrows from that indicator only.
@@TOSIndicators Okay and thanks for the quick reply.
Supply and demand zone indicator for Tradingview
HELP- Can someone please paste the code for supplyDemandEdge here in the comments ... I tried to download it, but can't seem to get it open... Thanks!!
Hi James - you can download the Supply/Demand Edge indicator directly from our website, and open the file via a text editor (ie. Sublime or Notepad), or import directly into ThinkOrSwim.
I've tried changing $TICK to $TICKQ but it doesn't use the NASDAQ. Am I doing something wrong?
Hi Derek - Try "$TICK/Q" -- I think that should do the trick.
I can’t get it to load on tos
Once you download the indicator file from our website, you can unzip and import the "STUDY.ts" indicator file into TOS.
is this still working? Tried to go to the link to down load but it asked me to register however nothing ever came to my email.
The indicator is available for download on the indicator page:
www.tosindicators.com/indicators/supply-demand-edge
If you're having issues with logging in, feel free to e-mail us at contact@tosindicators.com.
ok got the download but when i entered it only got the arrows, no red and grren bar on top and bottom like in the video. I tried with extended hours off and on and I am looking on the 1D:1M intraday chart. is there something else I can do to get the supply and demand edges
@@leticiavincent3674 Sounds like you're referring to the Volatility Box (red and orange clouds), which is a paid subscription available here: tosindicators.com/volatility-box
Thanks for all quality tutorial videos!!.. i tired to download but the link is broken.. return 404 error
Hi Marwan - glad these tutorials are helping!
We fixed the link, and it should work now.
@@TOSIndicators once i import the study, it doesn't show on my chart
@@tbatts7 Make sure that you have extended hours turned off.
Since the $ADSPD and $TICK don't plot after hours, the indicator won't plot if they are left on.
@@TOSIndicators Thanks for the reply. I did, but it still didn't plot.
@@tbatts7 Could you send me a screenshot of your chart(s) at contact@tosindicators.com?
I can help troubleshoot a bit more effectively from there.
hey so i tried the script exactly how you had it and i also tried the downloadable one as well but the only indicator that shows on my chart are the arrows but not the lines above and below the candles
Hi Jarred - make sure you're on an intra-day time frame chart (as it uses the $TICK and $ADSPD values). It also helps to have extended hours turned off (when those values are not calculated).
Turned on this indicator on an intraday chart and have extended hours off. I believe I might be getting to many AD buy/sell indicators as almost every bar on SPY, /ES, FB has an AD arrow. Is this to be expected?
Hi Colin - you can start to increase your time frame if you'd like to lower the "noise" you see, with regards to too many signals. When the tutorial was made, a 3m chart used to be a nice balance between too much noise, and lagging signals.
@@TOSIndicators Thanks!
@@TOSIndicators is this indicator better off for scalping SPY since you said the 3mins signal seems to be the most reliable. Also do you think it will work for non S&P stocks? Thanks.
I will also continue back testing
We use it in conjunction with the Volatility Box to have context of zones from which we are likely to see reversals.
TOS Indicators thank you!!!!
hello there! I'm trying to download the supply and demand indicator but its only popping up 1 video inside and not letting me do anything, please help! thank you in advance!
You can import the STUDY.ts files directly into ThinkOrSwim using the "Import" button inside of the studies menu. Feel free to email us at contact@tosindicators.com if you have any other questions, or need more clarification.
The link is broke..i cant even open the file
You can import the file directly into TOS using the "Import" function in the Studies menu. Feel free to e-mail us if you have need assistance at contact@tosindicators.com.
@@TOSIndicators can you make them into pdf on ur website
No - a PDF is not importable into ThinkOrSwim as an indicator file.
Hi Sammy - Unfortunately, not. However, you can download the indicator file and code from the website, with a free account.
@@TOSIndicators thats what i tried doing but nothing is inside the file..it wont open
to add this study is so damn hard. Why cant you just post the full Https link?
If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim
theres nothing in the the file but a video, i downloaded twice to make sure
Hi Roger - you can directly import the indicator file in TOS, via the study's menu.
Thanks but no one indicator works all the time.... there is a chance you have false positive, meaning shorting against uptrending or buying a downtrending day. In some instances, the entries needed to be nearly perfect. ... for example July 13, 2023, uptrending day and the indicator kept telling to short against an uptrend. Could you possibility make money? Yes. but, too risky frisky. Definetly get wrecked on July 5, 2023! The indicator showed a divergence to short but the market was clearly trending up. Then you have the complete opposite the next day July 6, 2023. The market was gapped down and the indicator kept telling you to buy and adding to the down trend. Even the your video 15:37 shows it (July 13th)....
Can we have a confluence indicator? where $aapl and $QQQ is up on the 3 min $ADD is up on the 1min and $SPY on the one and five minute are up and we draw an up arrow? then a vice versa for a down arrow? pls.
spent an hour imputing code. doesn't work. shucks.
You can download and import the indicator file directly into TOS using the "Import" function in the Studies menu. Feel free to e-mail us if you have need assistance at contact@tosindicators.com.
With $ADSPD, you should really use $TIKSP, not $TICK. (Or with $TICK, use $ADD, not $ADSPD)