Volume Profile scan TOS


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Hi Pete I ran into one of your older videos on volume profile scanner and how you have the scanner in thinkorswim to find stocks crossing and/or nearing its VA lows/highs. My question is can you help me figure out how to have it find stocks doing the same thing but for the POC? Thanks in advance.

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Posted by (Questions: 1, Answers: 1)
Asked on December 12, 2019 5:33 pm
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First thing we need to do is provide a link to that video. Anytime you reference a resource you need to provide a link. Even if that resource is from another site our YouTube video. Otherwise how are the rest of our viewers going to understand the context and make use of the solution?

The video you referenced is here:

Thinkorswim Scan Volume Profile

That video provides a link to download the code to run the scan you are referring to. That code is required to make use of this code. This first one is for the price crossing above the POC:

plot scan = close[1] < PreviousPOC[1] and close > PreviousPOC;

And this next one is for the price crossing below the POC:

plot scan = close[1] > PreviousPOC[1] and close < PreviousPOC;

You can only run one scan signal at a time. So you can add these to the very bottom of the scan code provided in the video linked above. But you will need to place a "#" symbol in front of all the plot statements except for the one you want to turn off.

View the entire video if you don't understand what I just said.

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Posted by (Questions: 37, Answers: 4097)
Answered on December 12, 2019 7:58 pm
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Thank you for helping me with that. With the 4 plots from your original volume profile scan and when I add these 2 plots on the POC I will have six plots. Would I be able to set up alerts for each plot to alert me when the scan changes or will I need to manually remove the # symbol each day for example?
( at December 13, 2019 6:02 pm)
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Only one of the six can be scanned at any given time. If you want to scan for all six you will create and save six separate custom scans. Setting each one to a different signal. When you save each scan, include the name of the signal so you when you get alerts you scan tell which signal was triggered.
( at December 13, 2019 9:07 pm)
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Just seen this and thank you. For the two POC you helped with when you say I can add them to the very bottom of the scan code provided in the video link can I literally just add it or would I provide a def and write more information above the plot like how you have for the other 4?
( at December 15, 2019 10:18 am)
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Just add the lines I provided in my answer. Nothing more is needed. I crafted those two lines to work with the elements that already exist in the code you download from that video.
( at December 15, 2019 12:48 pm)
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Thank you very kindly and will try what you say.
( at December 16, 2019 4:12 pm)