How to Add Cloud Cover to Indicators for Thinkorswim Platform
In this video I am going to showing you how to add cloud cover to oscillator indicators within the Thinkorswim trading platform.
**Indicator Code**
declare lower;
input length = 13;
plot FI = ExpAverage(data = (close - close[1]) * volume, length);
FI.DefineColor("Highest", Color.YELLOW);
FI.DefineColor("Lowest", Color.LIGHT_RED);
FI.AssignNormGradientColor(Length, FI.color("Lowest"), FI.color("Highest"));
plot ZeroLine = 0;
ZeroLine.setDefaultColor(Color.Light_Gray);
addCloud(FI,zeroline,color.green,color.red);
**End of Code**
This walkthrough of improving oscillator indicators with Thinkorswim will show you from start to finish how to add color gradiant and cloud cover to your indicator graphs. You will be able to copy the code and create the new enhanced indicator within Thinkorswim in under 5 minutes. This indicator improvement can be a useful tool to add to your trading setup to help you spot trends better and identify divergences. After watching this video you will be able to answer the question of how to create cloud cover to Thinkorswim indicators.
**Timestamps**
0:00 Introduction and Overview
1:28 Adding Oscillator Indicator Study
2:35 Indicator Code Walkthrough with Explanation
4:10 Creating a New Study and Adding the Indicator to Thinkorswim
4:45 Conclusion and Final Thoughts
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