We wanted to share this indicator we found that can help you see the buying and selling volume as it’s happening in real time. Our short video will show you how it works and how you can quickly add this to your Thinkorswim platform using thinkScript. It’s super easy so give it a try!
Let’s improve on the volume indicators for your default Thinkorswim chart. We’ll add easy-to-read labels for Total Volume, Current Bar Volume, Premarket Volume, and more. We’ll also add dual-colored volume bars to get a visual representation of the buying and selling volume for each candle. We’ll accomplish this with thinkScript, the built-in programming language for Thinkorswim. The process is easy and only requires some simple copying and pasting.
Thinkorswim’s default chart is pretty plain. Let’s quickly improve on it by adding a number of indicators. We’ll show you how to add a Volume Profile, VWAP, Moving Averages, RSI, and more.
We’ll go through 5 different ways to buy and sell stocks using Thinkorswim. Learn how to use the active trader ladder, charts, Level II and more to buy stocks. We’ll also show you how to easily set limit orders and stop loss orders.
Check out our tutorial on how we setup Thinkorswim for trading. We’ll go through the active trader tab, Level II, watchlists, etc. Our setup is useful for both beginner and experienced traders alike.
