ThinkOrSwim Indicators

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

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

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

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

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

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

Commodities Tracker

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

Covered Call Calculator

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

Cumulative Advance Decline Trading System

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

Cumulative TICK

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

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

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

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

Heiken Ashi Trend Indicator

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

How to Import a Study into ThinkOrSwim

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

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

Market Pulse

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

Momentum Cross Indicator

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

Moving Average Clouds

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

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

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

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

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

Option Chain Relative Value

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

P/E Ratio

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

Parabolic SAR

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

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

Rate of Change

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

Relative Performance

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

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

Seasonal Analysis

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

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

Smarter Earnings

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

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

Stacked Moving Averages

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

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

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

Trend Squeeze

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

Volume Intensity

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

Volume Zone Oscillator

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

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

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.

Triple Pro Squeeze Course

Advanced TTM Squeeze with three squeeze levels for catching hidden consolidation patterns.

Squeeze Signals Course

Entry and exit signals based on squeeze momentum with trend confirmation.

MTF Squeeze Histogram Course

Multi-timeframe squeeze histogram for analyzing squeeze alignment across timeframes.

MTF Triple Squeeze Course

Monitor Triple Pro Squeeze across 17 different timeframes simultaneously.

Slingshot Squeeze Course

Identifies high-probability squeeze setups with slingshot momentum patterns.

Multi-Market Squeeze Analyzer Course

Analyze squeeze conditions across multiple markets and symbols at once.

Multi-Market Trend Analyzer Course

Track trend alignment across multiple markets for squeeze trade confirmation.