All of our ThinkOrSwim Indicator Tutorials

Build a better Parabolic SAR indicator, that allows you to predict reversals before they happen.

Learn how to build a powerful MACD indicator with built-in higher time frame analysis. Download for free on our website!

Download this free indicator to easily analyze your favorite markets, and compare red vs. green candles to find patterns and trends.

A simple, yet powerful Moving Average Clouds indicator, to easily spot trends and reversals. Free download!

The DCA Calculator for ThinkOrSwim allows you to test the effectiveness of two different dollar-cost average strategies and compare their performance.

The Dividend Yield Pro indicator allows you to compare a company's current dividend yield, to its historical dividend yield, and find outliers easily.

Analyze the current dividend yield vs. the historical yield in your favorite markets, and find hidden gems with outperformance.

Find the best trends with our free Stacked Moving Averages indicator. We'll show you how to build it, and use it with your favorite EMA's and SMA's.

Analyze and compare today's daily volume with historical volume in less than 1 second.

Build your own Super Bowl indicator, and test how useful it has been in predicting stock market moves.

Build your own Bollinger Bands reversal indicator, by taking advantage of a popular reversal pattern.

Track the current and historical P/B ratio levels for any market, using our free P/B Ratio Indicator for ThinkOrSwim.

Add different timeframe moving averages to a specific chart, using a few lines of simple thinkScript code

Build a relative performance indicator, which lets you easily compare two symbols against each other and find outperformers

Learn how to build a smarter Rate of Change indicator for ThinkOrSwim in 23 minutes.

A smarter and easy to use Opening Range Breakout indicator, allowing you to trade the strategy like a pro.

Track the current and historical P/E ratio levels for any market, using our free P/E Ratio Indicator for ThinkOrSwim.

In this members-only thinkScript tutorial, I'll show you how the Edge Signals is built, with the powerful twist in the code, that allows it to be used for a variety of setups.

In this members-only thinkScript tutorial, I'll show you how to build a MTF Market Pulse indicator, which allows you to quickly view the market trend across 18 different time frames.

I'll walk through how you can build a counter to keep track of +1000 and -1000 NYSE $TICK readings, every single day.

In this tutorial, we're going to build a brand new Pre-Earnings Analysis indicator for you to be able to analyze price and implied volatility moves PRIOR to earnings.

In this thinkScript tutorial, we'll build a Seasonal Analysis indicator to identify recurring patterns and tendencies in your favorite stocks, ETFs, and futures.

In this beginner thinkScript tutorial, we'll build an indicator to alert us whenever we are in "overly extended" territory, as measured by the Keltner Channels.

The Wheel Option Calculator helps you quickly calculate return percentages and identify the best stocks to run the wheel option strategy.

The Cash-Secured Put Calculator helps you quickly calculate return percentages and identify the best stocks to sell cash-secured puts.

The Advanced Covered Call Calculator is useful for managing existing positions, by including your own cost-basis for customized return percentages.

Build a simple, yet powerful Covered Call Calculator for ThinkOrSwim to find the most profitable calls to sell.

Learn how to build a "reversion to the mean" type indicator, using boolean variables and labels.

Explore the multi-decade old momentum concept created by Wilder, using a few, simple lines of code.

Build a cumulative TICK indicator to track market internals ($TICK) in an efficient manner, keeping the count.

Leverage Python and Jupyter Notebooks to identify trending and trend exhaustion days, using market internals.

We'll use the implied volatility, along with our option's pricing thinkScript to find opportunities and craft high-probability trades.

Build a multiple time frame squeeze that shows you all the different time frames in which we have a TTM_Squeeze.

The complete beginner's guide to automated trading in ThinkOrSwim, with 8 different trading examples.

We'll take the basic VZO indicator in ThinkOrSwim and extract meaningful patterns to turn it into a useful trend trading tool.

Identify momentum waves changing across multiple time frames, and “calm before the storm” opportunities.

Build a more powerful version of the RSI, that shifts and adapts to changing price condition and helps to identify overbought/oversold zones.

Build your very own earnings indicator in 45 minutes, to help you trade the actual day of earnings using data.

Build a breakout indicator, using a simple, yet effective combination of moving averages and stochastics.

Identify the 4 different market stages with one simple line, and replace the noise on your charts.

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

Easily spot $TICK and $ADSPD supply/demand imbalances, and identify divergences that you can leverage in your trading.

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

Build a simple, yet effective Anchored VWAP indicator for ThinkOrSwim in less than 10 minutes using just a few lines of code.