Studies/Indicators

SWIMdicators provides custom ThinkOrSwim indicators and ThinkScript chart studies for the serious stocks and options trader.

Showing 1–12 of 17 results

  • relative volume indicator for thinkorswim

    Relative Volume & Trades Indicators for ThinkOrSwim

    $99.99
    relative volume indicator for thinkorswim

    Relative Volume & Trades Indicators for ThinkOrSwim

    $99.99

    For many of you subscribe to the classical trading philosophies of legendary traders like Jesse Livermore and Richard Wyckoff, there is probably no need for me to further emphasize the importance of volume here. Over the years I’ve read many, many trading books, and after reading many of these classical traders’ books, pamphlets, and articles, I realized my current toolset for analyzing volume was insufficient.

    Most trading websites tell you to watch for volume surges, and there are many ways of determining when a surge is happening. Some relative volume indicators simply check to see when volume is above its moving average. But these measures are highly inaccurate, especially at certain times of the day. Volume is always going to be higher at the open and the close, and these extremes skew the moving average for the rest of the day, making it basically useless.

    What I really needed was a way to see what the average volume was for a given bar at a specific time of day, and then to compare the current volume to that bar’s average to see if there was anything unusual going on. So I set about trying to develop ways of automating my volume analysis as much as possible, and making it abundantly obvious whenever there was a trading anomaly in the works. And that journey led to this set of ThinkScript studies for ThinkOrSwim, which provide an easy, visual way for stock traders to quickly determine if a tradable event is occurring.

    Add to cart
  • position size calculator study for thinkorswim

    ThinkOrSwim Position Sizer

    $99.99
    position size calculator study for thinkorswim

    ThinkOrSwim Position Sizer

    $99.99

    The ThinkOrSwim Position Sizer is a VERY important ThinkScript I made that allows me to instantly know what my entry, stop, target, and position size should be in order to maintain an equal risk on every trade I take.

    Add to cart
  • Weis Wave and Ord-Volume Indicator for ThinkOrSwim

    Weis Wave, Ord-Volume, and Neoclassical Trend Swing Indicator

    $99.99
    Weis Wave and Ord-Volume Indicator for ThinkOrSwim

    Weis Wave, Ord-Volume, and Neoclassical Trend Swing Indicator

    $99.99

    This indicator combines features similar to L.A. Little’s work on objective trend identification and pivot breakout evaluation using volume, with the work of David Weis and the Weis Wave concept, plus the ideas of Timothy Ord and his Ord-Volume indicator, as well as other traders/authors such as Anna Coulling and of course Richard Wyckoff.

    Add to cart
  • mean reversion gaps trading strategy for thinkorswim

    Adrian Manz Mean Reversion Gap Strategy for ThinkOrSwim – includes Strategy Script, Scanner, Watchlist Columns, and Indicator!

    $99.99
    mean reversion gaps trading strategy for thinkorswim

    Adrian Manz Mean Reversion Gap Strategy for ThinkOrSwim – includes Strategy Script, Scanner, Watchlist Columns, and Indicator!

    $99.99

    This is a mean reversion strategy for gapping stocks that is promoted by Dr. Adrian Manz of Trader Insight (see an example video by Manz here: https://www.youtube.com/watch?v=oudRj-Vcv0Q). A client of mine was interested in developing some tools to trade this strategy on ThinkOrSwim, and so I was able to work on this project and get several tools created to make it really easy. After looking into it more, I found the strategy to be pretty intriguing and very different from how I’ve traded gaps in the past, so I thought it might be worth my readers’ time to take a look at it. This is a complete set, which includes the strategy script itself, along with a custom scanner to find the gaps each day, and indicators and columns to help sort and evaluate the gaps.

    Add to cart
  • multiple time frame stochastics indicator for thinkorswim box

    Multiple Time Frame Stochastics Indicator with Paintbars & Scanner for ThinkOrSwim

    Sale! $99.99 $69.99
    multiple time frame stochastics indicator for thinkorswim box

    Multiple Time Frame Stochastics Indicator with Paintbars & Scanner for ThinkOrSwim

    $99.99 $69.99

    This is a set of Thinkscript add-ons for Think-Or-Swim that allow you trade multiple time frame stochastics setups with lower timeframe chart entries.

    Add to cart
  • ValueCharts for Thinkorswim indicator box

    ValueCharts Indicator for ThinkOrSwim

    $69.99
    ValueCharts for Thinkorswim indicator box

    ValueCharts Indicator for ThinkOrSwim

    $69.99

    ValueCharts for ThinkOrSwim is a powerful implementation of the original tool featured in Mark Helweg’s book Dynamic Trading Indicators. It is intended to help traders evaluate stocks, futures, and forex instruments in terms of relative value instead of raw price.

    Add to cart
  • put call ratio indicator for thinkorswim software box

    Put/Call Ratio Indicator with Alerts for ThinkOrSwim

    $69.99
    put call ratio indicator for thinkorswim software box

    Put/Call Ratio Indicator with Alerts for ThinkOrSwim

    $69.99

    The put/call ratio is a popular gauge of market sentiment, and is a favorite of contrarian investors and traders looking to capitalize on the greed, fear, and over-reactions of others.

    Add to cart
  • wide range bar trading strategy for thinkorswim

    Wide Range Bar (WRB) Strategy, Scan & Indicator for ThinkOrSwim

    5 out of 5
    $69.99
    wide range bar trading strategy for thinkorswim

    Wide Range Bar (WRB) Strategy, Scan & Indicator for ThinkOrSwim

    $69.99

    I recently watched Alphonso Esposito’s class at TradeSmart University regarding the Wide Range Bar strategy. It’s simple and straight forward, and seems to give good signals to boot, so I decided to make it even easier for my fellow ThinkOrSwim users to trade this strategy.

    Add to cart
  • dema crossover indicator bundle for thinkorswim box

    DEMA Crossover Indicator, Scan, Strategy, Column & Alerts Bundle

    $49.99
    dema crossover indicator bundle for thinkorswim box

    DEMA Crossover Indicator, Scan, Strategy, Column & Alerts Bundle

    $49.99

    ThinkOrSwim comes with a built-in single DEMA indicator, but it is very limited and doesn’t allow you to backtest different average lengths, scan for setups, show you entry signals, or alert you when it’s time to take a trade, etc. This bundle will do all of that and more, giving you the backtesting tools and customization options to build your own complete DEMA trading system.

    Add to cart
  • multiple timeframe vwap

    VWAP Multi Time Frame Indicator for ThinkOrSwim

    $49.99

    VWAP Multi Time Frame Indicator for ThinkOrSwim

    $49.99

    I love volume. To me, volume is the market. So it makes sense for trades to be highly informed by what’s happening with volume, and it helps to know things like what price the most shares have been traded at for the day, or what price over the past hour is considered “fair value”. When I started looking at moving average systems and so forth, I naturally gravitated toward volume weighted average price because it just made sense. And when you start to understand how professional traders at large hedge funds and such are incentivized to trade relative to VWAP, it really becomes a no brainer. Volume weighted average price, or VWAP for short, is probably the first indicator I would want on my chart next to volume itself.

    Add to cart
  • cumulative tick indicator for thinkorswim

    Cumulative TICK Indicator Set for ThinkOrSwim

    $49.99
    cumulative tick indicator for thinkorswim

    Cumulative TICK Indicator Set for ThinkOrSwim

    $49.99

    If you ever read Brett Steenbarger’s popular trading blog Traderfeed, you probably know he uses a special indicator called the cumulative NYSE TICK, and another indicator he calls the cumulative adjusted NYSE TICK, to inform his trading decisions.

    Add to cart
  • multiple timeframe simple moving averages for thinkorswim

    Multiple Timeframe Moving Averages for ThinkOrSwim

    $49.99
    multiple timeframe simple moving averages for thinkorswim

    Multiple Timeframe Moving Averages for ThinkOrSwim

    $49.99

    No matter what chart my focus is on, my goal is to always trade in the direction of the higher timeframe trends. Basically to trade in harmony with the larger forces that are at play. To accomplish this, I use multiple timeframe moving averages.

    Add to cart

Showing 1–12 of 17 results