ThinkOrSwim Tutorial Library

Free ThinkOrSwim Indicators, Scans & Tools

Download free indicators, custom scans, backtesting strategies, and dashboards for the ThinkOrSwim platform. Every tool includes thinkScript code and video tutorials.

104+
Total Tools
90
Free Downloads
13
Pro Tools
5
Categories

Backtesters 8 tools

Browse our collection of backtesters for ThinkOrSwim.

Indicators 49 tools

Browse our collection of indicators for ThinkOrSwim.

Adv. Covered Call Calculator Pro

Master the Adv. Covered Call Calculator Pro to spot high-probability trades, and transform your trading with proven strategies.

Anchored VWAP Free

Step-by-step tutorial showing how to build a custom Anchored VWAP indicator for ThinkOrSwim using ThinkScript. Learn to anchor VWAP to any date and time for precise support and resistance analysis.

Average Volume Stats Free

Learn to build a dynamic volume indicator for ThinkOrSwim that compares today's volume with historical averages using customizable timeframes and clean formatting.

Bollinger Bands Reversal Free

Master the most popular Bollinger Bands trading strategy with our complete reversal indicator for ThinkOrSwim. Learn to identify high-probability mean reversion trades with precise entry signals.

Candle Counter Free

Learn how to build a powerful candle counter indicator for ThinkOrSwim that tracks consecutive green and red candles. Get max counts, averages, and histogram visualization to understand market patterns.

Cash-Secured Put Calculator Free

Build the ultimate put calculator for ThinkOrSwim that instantly calculates returns, breakeven prices, and profit targets for any put option strategy

Commodities Tracker Free

Track 10 major commodities (incl. gold, silver, oil, copper) in one view, to identify acceleration phases and outlier opportunities.

Covered Call Calculator Free

Build a powerful covered call calculator for ThinkOrSwim that automatically calculates return percentages across all strikes and expiration dates

Cumulative Advance Decline Trading System Free

Build an introductory trading system using the Advance Decline line, by taking a basic indicator and extracting patterns and signals.

Cumulative TICK Free

Learn how to build a powerful cumulative TICK indicator for ThinkOrSwim that tracks NYSE market internals throughout the trading day. Master market breadth analysis with this comprehensive ThinkScript tutorial.

Cumulative TICK Pro Pro

Master the Cumulative TICK Pro Pro to spot high-probability trades, and transform your trading with proven strategies.

DCA Calculator Pro

Build a comprehensive dollar cost average calculator for ThinkOrSwim that compares traditional monthly DCA with red days investing strategy performance.

Dividend Yield Free

Learn how to build a comprehensive dividend yield indicator for ThinkOrSwim that calculates yield using two methods, tracks payout frequency, and provides color-coded alerts based on your threshold settings.

Dividend Yield Pro Pro

Members-only dividend analysis tool that reveals yield traps and value opportunities through historical range analysis, moving averages, and growth tracking.

Dynamic RSI Free

Learn how to create a powerful Dynamic RSI indicator in ThinkOrSwim that combines traditional RSI with Bollinger Bands, automatic trend lines, and squeeze detection for superior overbought/oversold signals and trend identification.

Edge Signals Pro

The Edge Signals indicator is our custom-built oversold/overbought indicator, with a momentum twist built-in

Extreme TICK Counter Free

Track daily extreme market sentiment with a ThinkOrSwim TICK counter. Automatically measures +1000/-1000 readings to identify buying/selling pressure.

Heiken Ashi Trend Indicator Free

Download our Custom Heiken Ashi indicator for ThinkOrSwim. Full ThinkScript code, formula breakdown, and tutorial. Free Download!

How to Import a Study into ThinkOrSwim Free

Three ways to load custom code into ThinkOrSwim: import a shared study link, share a full workspace, and paste raw ThinkScript from the web.

Keltner Channel Wedges Free

Easily find mean-reversion trades with powerful Keltner Channel Wedges that alert you when price closes outside of the bands.

Market Pulse Free

Build a powerful trend trading indicator, that automatically identifies the 4 market stages and helps you profit from them.

Momentum Cross Indicator Free

Discover how to identify short-term reversals using ThinkOrSwim's live scanner. Leverage hourly/daily volatility breaches for precise trade setups.

Moving Average Clouds Free

Learn how to build a dynamic moving average clouds indicator for ThinkOrSwim with customizable MA types, dynamic color coding, and cloud visualization between two moving averages.

MTF Market Pulse Pro

Master multi-timeframe analysis with MTF Market Pulse Pro for ThinkOrSwim. Track higher timeframe trends while executing precision trades on lower intervals.

Multi Time Frame (MTF) DMI Free

Build a powerful DMI breakout indicator, that incorporates multiple time frames to quickly perform technical analysis across multiple charts.

Multi-Time Frame (MTF) Squeeze Indicator Free

Build a powerful multi-timeframe squeeze indicator that displays TTM squeeze conditions across all timeframes in one visual dashboard for ThinkOrSwim

Multiple Time Frame Moving Averages Free

Learn how to create multiple time frame moving averages in ThinkOrSwim using ThinkScript aggregation periods to display daily, hourly, and intraday moving averages on a single chart for enhanced technical analysis.

Opening Range Breakout Free

Build a powerful Opening Range Breakout indicator in ThinkOrSwim with different opening ranges, entry types, and target projection.

Option Chain Relative Value Free

Build a custom ThinkScript that compares current option prices to historical values and displays percentage changes for smarter options trading decisions

P/E Ratio Free

Build a comprehensive P/E ratio indicator with historical context, median analysis, and automatic valuation signals for better fundamental analysis in ThinkOrSwim

Parabolic SAR Free

Learn advanced Parabolic SAR trading strategies in ThinkOrSwim. Build custom SAR indicators, create market scans, and develop backtesting systems for improved trend following and reversal detection.

Pre-Earnings Analysis Pro

Master the Pre-Earnings Analysis Pro to spot high-probability trades, and transform your trading with proven strategies.

Price to Book Ratio Calculator Free

Learn to build a custom Price to Book ratio calculator and discover undervalued stocks easily inside of ThinkOrSwim.

Rate of Change Free

Build a range-bound Rate of Change indicator with RSI confluence for ThinkOrSwim that identifies momentum reversals with better precision.

Relative Performance Free

Build a flexible relative performance indicator for ThinkOrSwim that compares stocks against any benchmark using bars or specific dates for instant outperformance analysis.

Reversion to 50 Day SMA Free

Learn how to build powerful mean reversion scanners and strategies for ThinkOrSwim using the 50-day Simple Moving Average

Seasonal Analysis Free

Analyze 20+ years of monthly performance data and win rates for any stock or ETF with color-coded labels showing the strongest months.

Simple Breakout Tool Free

Build a simple breakout tool for ThinkOrSwim that combines moving averages, MACD, and stochastics.

Smarter Earnings Free

Analyze what price tends to do on the day of earnings, and find the best strategy to take advantage and profit from an earnings report.

Smarter MACD Free

Turn the basic MACD into a powerful indicator, with built-in higher time frame analysis and multiple levers and modes.

Stacked Moving Averages Free

Find the best trends with stacked moving averages, including the 8, 21, and 34 EMA's and the 50 and 200 SMA's.

Super Bowl Indicator Free

How effective is the Super Bowl in predicting market returns? Test this stock market theory, going back to the very first Super Bowl.

Supply Demand Edge Free

Easily spot supply/demand imbalances in the marketplace, and identify divergences that you can leverage in your trading.

Trend Squeeze Free

Build a powerful TTM Squeeze trend indicator combining stacked moving averages with squeeze detection to find high-probability trend continuation setups.

Volume Intensity Free

Use ChatGPT to build a volume indicator with multi-symbol tracking and volume intensity color-coding for quick, clear analysis.

Volume Zone Oscillator Free

Learn how to build an advanced Volume Zone Oscillator (VZO) indicator with smart confirmation signals, color-coded candles, and automated buy/sell arrows for ThinkOrSwim

VScore Free

Build the VScore trading indicator which helps you understand and plot price behavior in relation to its standard deviation, using the VWAP bands.

Wheel Option Calculator Pro

Master the Wheel Option Calculator Pro to spot high-probability trades, and transform your trading with proven strategies.

Wilder’s Momentum Concept Free

Learn how to build Wilder's Momentum Concept indicator for ThinkOrSwim using simple ThinkScript code. Master this 40-year-old momentum trading strategy with our complete tutorial and free download.

Scans 17 tools

Browse our collection of scans for ThinkOrSwim.

Anchored VWAP Scans Free

Build a scan to identify pullbacks to the Anchored VWAP from previous pivot points.

Average True Range Free

Master ThinkOrSwim ATR scans to find high-volatility candidates and compression patterns. Combine moving averages with volatility filters for precision trading setups.

DMI Power Move Scans Free

Build powerful DMI-based scanners that detect explosive momentum shifts across multiple timeframes in ThinkOrSwim

Fisher Transformer Free

Master the FW Fisher Transformer indicator in ThinkOrSwim with 3 actionable scans. Learn trend reversal signals using stochastics, stacked arrows, and EMA/Market Pulse integration.

High Short Interest Near 52 Week Highs (thinkScript) Free

Master the High Short Interest Near 52 Week Highs (thinkScript) to spot high-probability trades, and transform your trading with proven strategies.

Increasing Volume Free

Master the Increasing Volume to spot high-probability trades, and transform your trading with proven strategies.

MACD Crossover Near Zero Line Free

Master MACD zero-line crossovers for trend reversals. Learn ThinkOrSwim implementation to spot high-probability entries with this momentum strategy.

Monthly Watchlist Scan Free

Master the Monthly Watchlist Scan to spot high-probability trades, and transform your trading with proven strategies.

Rate of Change Scans Free

Learn to create custom Rate of Change scans in ThinkOrSwim for bullish/bearish signals and extreme zones. Master scan setup, timeframe optimization, and historical data alignment.

Simple Breakout Tool Scans Pro

Master price breakouts with automated scans combining volume spikes and volatility thresholds. Optimize entries/exits using customizable alerts for stocks like TSLA and SPY.

Stacked Moving Averages Free

Learn how to scan stocks based on moving averages, identifying the strongest trends with stacked moving averages.

TTM Squeeze Scanner Free

Build a TTM Squeeze scanner to find 5 consecutive dots in a row with stacked moving averages. Free ThinkOrSwim code and step-by-step tutorial for explosive breakout setups.

Unusual Volume Free

Learn how to build a powerful volume scanner and stock screener for ThinkOrSwim

Unusual Volume Pro Scans Pro

4 additional scans to find unusual volume overlapping with key indicators, such as the TTM Squeeze and VWAP.

Upcoming Earnings Scan Free

Master the Upcoming Earnings Scan to spot high-probability trades, and transform your trading with proven strategies.

Upcoming Earnings with High Short Interest Free

Learn to scan for high short interest stocks approaching earnings near all-time highs. Combine technical filters with fundamental data for explosive price movement setups.

V-Score Scans Free

Master V-Score scans for mean reversion trading on ThinkOrSwim. Identify bullish/bearish signals using z-score distance from VWAP with custom filters.

thinkScript 25 tools

Browse our collection of thinkscript for ThinkOrSwim.

30m, Daily and Weekly Squeezes with High Short Interest Free

In this video, we'll write some simple thinkScript code to find stocks that hit their YTD high and low on Dec. 31, 2020.

Add Label Function Free

Master ThinkOrSwim label creation with static/dynamic examples. Display EMA values, volume metrics, and custom signals in 6 practical implementations.

Aggregation Periods – How to Plot Larger Time Frame Indicators on Smaller Time Frames Free

Master the Aggregation Periods - How to Plot Larger Time Frame Indicators on Smaller Time Frames to spot high-probability trades, and transform your trading with proven strategies.

Automated Trading in ThinkOrSwim – Entering a Squeeze On a Pullback Free

Learn to automate squeeze entries with pullback confirmation in ThinkOrSwim. Cancel orders automatically when momentum signals reverse before execution.

Automated Trading ThinkOrSwim – “Buy the Dip” Script Free

Learn to create a ThinkOrSwim automated script that buys VGT pullbacks to weekly Market Pulse levels. Includes paper trading tips and real chart examples.

Backtest Weekly Fisher Transformer Signals in 10 Minutes Free

Learn to backtest weekly Fisher Transform signals in ThinkOrSwim using stacked arrow scans. Optimize trades with historical performance analysis in 5-week windows.

Backtesting the Put-Call Ratio and Transports Over a 10-Year Period Free

Master decade-long market analysis using ThinkOrSwim's Put-Call Ratio and Transports indicators. Optimize strategies with proven backtesting methods for smarter trades.

Build Your Own Automated Text Message Alert System in ThinkOrSwim Free

Automate trade setups with custom text alerts in ThinkOrSwim. Get real-time notifications for scans like the Slingshot Squeeze without manual checks.

Create a TTM Squeeze Watchlist in Seconds

Learn to build a TTM Squeeze watchlist using ThinkOrSwim's volatility tools. Filter high-probability swing trades using backtested metrics and volatility analysis.

Custom Candlestick Patterns in ThinkOrSwim Free

Learn to code powerful reversal signals using candlestick patterns in ThinkOrSwim. Transform visual patterns into automated alerts with 10 lines of beginner-friendly script.

Custom Toolbars – Instantly 10x Your Productivity in ThinkOrSwim Free

Supercharge your ThinkOrSwim workflow with custom toolbars that swap charts, indicators, and timeframes instantly. Save hours by automating setups for volatility models, ORB strategies, and multi-timeframe analysis.

How to Create Text Alerts for Extreme $TICK Readings in ThinkOrSwim Free

Master the How to Create Text Alerts for Extreme $TICK Readings in ThinkOrSwim to spot high-probability trades, and transform your trading with proven strategies.

How to Draw Price Channels in ThinkOrSwim Free

Learn two methods to draw price channels in ThinkOrSwim across 5-minute, 1-hour, and daily time frames. Master manual trendline adjustments and automated regression channels for SPY analysis.

How to Fix Bugs in thinkScript Code Free

Master thinkScript debugging with pro techniques. Learn to resolve errors, optimize strategies, and enhance trading indicators effectively.

How to Import a Study into ThinkOrSwim Free

Three ways to load custom code into ThinkOrSwim: import a shared study link, share a full workspace, and paste raw ThinkScript from the web.

How to Scan for Stocks That Hit YTD High on Dec. 31? Free

Learn to scan for stocks closing at yearly highs/lows on ThinkOrSwim. Identify bullish momentum or bearish weakness using custom scripts and 253-bar analysis.

How to Set Custom Hours in thinkScript Free

Learn to set custom trading hours in ThinkOrSwim scripts for precise backtesting. Filter after-hours data and replicate specific market conditions with one code line.

How to Track Percent Change From Open in ThinkOrSwim Free

Master the How to Track Percent Change From Open in ThinkOrSwim to spot high-probability trades, and transform your trading with proven strategies.

How to Turn Candlestick Patterns into Code Free

Learn to code bullish/bearish reversal patterns into ThinkOrSwim indicators. Transform visual observations into actionable scans and backtests for data-driven trading decisions.

MACD Indicator for ThinkOrSwim – A Complete Breakdown Free

Master the MACD indicator in ThinkOrSwim with this technical deep dive. Learn component calculations, divergence strategies, and customization for smarter trading decisions.

MACD Signals Backtester for ThinkOrSwim – A Complete Breakdown Free

Learn to backtest MACD crossover signals in ThinkOrSwim across markets and timeframes. Optimize strategies using built-in tools and PL histograms.

Maximize Your Chart Space With This Simple Trick Free

Plot RSI signals directly on price charts to maximize space and focus on key trading opportunities. Transform lower panel indicators into actionable price-aligned visuals in ThinkOrSwim.

Utility Labels Indicator – QUICKLY Track Sector Performance and Internals Free

Track market sectors and internals faster with ThinkOrSwim's revamped Utility Labels Indicator. Customizable layouts, optimized performance, and real-time data for smarter trading decisions.

Utility Labels Indicator Updated – Free ThinkOrSwim Download Free

Master the Utility Labels Indicator Updated - Free ThinkOrSwim Download to spot high-probability trades, and transform your trading with proven strategies.

Which Stocks Made a New 52-Week High This Week? Free

Discover S&P 500 stocks hitting 52-week highs amid market volatility using ThinkOrSwim's scan tab. Learn to combine custom filters with squeeze signals for high-probability trades.

Get Access to All Pro Tools

Join the Volatility Box for instant access to all Pro indicators, scans, and backtesting strategies.