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.
We’ll walk through the process of downloading and installing TD Ameritrade’s Thinkorswim platform to get you started trading stocks. While TD Ameritrade may have been purchased by Charles Schwab, Thinkorswim isn’t going anywhere. The software has loads of features for traders of most every level. Check out our video on getting started.
