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.
Backtesters 8 tools
Browse our collection of backtesters for ThinkOrSwim.
Backtest how often the markets rally after each U.S. election, to find common patterns post 30 days, 60 days, and 90 days.
Learn to build two advanced ATR scans in ThinkOrSwim. Discover stocks with high volatility and compression patterns near key moving averages.
Test whether moving average pullbacks are effective, and if so, which moving average is best for your favorite markets.
Master dynamic opening range breakouts with customizable time frames and smart alerts. Track projection levels, pullbacks, and validate strategies with integrated backtesting capabilities.
Learn to build two powerful ATR scans in ThinkOrSwim: Identify high-volatility stocks and find consolidations near key moving averages. Boost trading decisions with volatility-based filtering and trend alignment.
Test what happens the day after a meltdown in the S&P 500 - do we see continued selling, or do buyers stage a short term rally?
Test if the TTM Squeeze Histogram is effective in timing momentum shifts in your favorite markets, on any time frame chart.
Build a TTM Squeeze Backtester that allows you to test squeezes on different time frames, with to find the best nK and nBB factor settings
Dashboards 6 tools
Browse our collection of dashboards for ThinkOrSwim.
Learn to analyze Medical Properties Trust (MPW) using Fibonacci levels and options strategies on ThinkOrSwim. Discover how to capitalize on its 15% dividend yield with technical insights.
Track hourly price momentum shifts using real-time ATR comparisons. Identify trending stocks and volatility breaches for intraday edge.
Track real-time market trends with a customizable dashboard. Sort stocks by momentum stages and identify high-probability entries using ThinkOrSwim's Market Pulse.
Transform ThinkOrSwim into a stock analysis database with this SPY-relative dashboard. Quickly identify outperformers like AAPL (+16.65%) and underperformers using real-time metrics.
Master the TTM Squeeze Dashboard to spot high-probability trades, and transform your trading with proven strategies.
Identify statistically significant volume spikes across watchlists with one click. Combines standard deviation analysis with visual alerts for actionable trading signals.
Indicators 49 tools
Browse our collection of indicators for ThinkOrSwim.
Master the Adv. Covered Call Calculator Pro to spot high-probability trades, and transform your trading with proven strategies.
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.
Learn to build a dynamic volume indicator for ThinkOrSwim that compares today's volume with historical averages using customizable timeframes and clean formatting.
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.
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.
Build the ultimate put calculator for ThinkOrSwim that instantly calculates returns, breakeven prices, and profit targets for any put option strategy
Track 10 major commodities (incl. gold, silver, oil, copper) in one view, to identify acceleration phases and outlier opportunities.
Build a powerful covered call calculator for ThinkOrSwim that automatically calculates return percentages across all strikes and expiration dates
Build an introductory trading system using the Advance Decline line, by taking a basic indicator and extracting patterns and signals.
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.
Master the Cumulative TICK Pro Pro to spot high-probability trades, and transform your trading with proven strategies.
Build a comprehensive dollar cost average calculator for ThinkOrSwim that compares traditional monthly DCA with red days investing strategy performance.
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.
Members-only dividend analysis tool that reveals yield traps and value opportunities through historical range analysis, moving averages, and growth tracking.
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.
The Edge Signals indicator is our custom-built oversold/overbought indicator, with a momentum twist built-in
Track daily extreme market sentiment with a ThinkOrSwim TICK counter. Automatically measures +1000/-1000 readings to identify buying/selling pressure.
Download our Custom Heiken Ashi indicator for ThinkOrSwim. Full ThinkScript code, formula breakdown, and tutorial. Free Download!
Three ways to load custom code into ThinkOrSwim: import a shared study link, share a full workspace, and paste raw ThinkScript from the web.
Easily find mean-reversion trades with powerful Keltner Channel Wedges that alert you when price closes outside of the bands.
Build a powerful trend trading indicator, that automatically identifies the 4 market stages and helps you profit from them.
Discover how to identify short-term reversals using ThinkOrSwim's live scanner. Leverage hourly/daily volatility breaches for precise trade setups.
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.
Master multi-timeframe analysis with MTF Market Pulse Pro for ThinkOrSwim. Track higher timeframe trends while executing precision trades on lower intervals.
Build a powerful DMI breakout indicator, that incorporates multiple time frames to quickly perform technical analysis across multiple charts.
Build a powerful multi-timeframe squeeze indicator that displays TTM squeeze conditions across all timeframes in one visual dashboard for ThinkOrSwim
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.
Build a powerful Opening Range Breakout indicator in ThinkOrSwim with different opening ranges, entry types, and target projection.
Build a custom ThinkScript that compares current option prices to historical values and displays percentage changes for smarter options trading decisions
Build a comprehensive P/E ratio indicator with historical context, median analysis, and automatic valuation signals for better fundamental analysis in ThinkOrSwim
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.
Master the Pre-Earnings Analysis Pro to spot high-probability trades, and transform your trading with proven strategies.
Learn to build a custom Price to Book ratio calculator and discover undervalued stocks easily inside of ThinkOrSwim.
Build a range-bound Rate of Change indicator with RSI confluence for ThinkOrSwim that identifies momentum reversals with better precision.
Build a flexible relative performance indicator for ThinkOrSwim that compares stocks against any benchmark using bars or specific dates for instant outperformance analysis.
Learn how to build powerful mean reversion scanners and strategies for ThinkOrSwim using the 50-day Simple Moving Average
Analyze 20+ years of monthly performance data and win rates for any stock or ETF with color-coded labels showing the strongest months.
Build a simple breakout tool for ThinkOrSwim that combines moving averages, MACD, and stochastics.
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.
Turn the basic MACD into a powerful indicator, with built-in higher time frame analysis and multiple levers and modes.
Find the best trends with stacked moving averages, including the 8, 21, and 34 EMA's and the 50 and 200 SMA's.
How effective is the Super Bowl in predicting market returns? Test this stock market theory, going back to the very first Super Bowl.
Easily spot supply/demand imbalances in the marketplace, and identify divergences that you can leverage in your trading.
Build a powerful TTM Squeeze trend indicator combining stacked moving averages with squeeze detection to find high-probability trend continuation setups.
Use ChatGPT to build a volume indicator with multi-symbol tracking and volume intensity color-coding for quick, clear analysis.
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
Build the VScore trading indicator which helps you understand and plot price behavior in relation to its standard deviation, using the VWAP bands.
Master the Wheel Option Calculator Pro to spot high-probability trades, and transform your trading with proven strategies.
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.
Build a scan to identify pullbacks to the Anchored VWAP from previous pivot points.
Master ThinkOrSwim ATR scans to find high-volatility candidates and compression patterns. Combine moving averages with volatility filters for precision trading setups.
Build powerful DMI-based scanners that detect explosive momentum shifts across multiple timeframes in ThinkOrSwim
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.
Master the High Short Interest Near 52 Week Highs (thinkScript) to spot high-probability trades, and transform your trading with proven strategies.
Master the Increasing Volume to spot high-probability trades, and transform your trading with proven strategies.
Master MACD zero-line crossovers for trend reversals. Learn ThinkOrSwim implementation to spot high-probability entries with this momentum strategy.
Master the Monthly Watchlist Scan to spot high-probability trades, and transform your trading with proven strategies.
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.
Master price breakouts with automated scans combining volume spikes and volatility thresholds. Optimize entries/exits using customizable alerts for stocks like TSLA and SPY.
Learn how to scan stocks based on moving averages, identifying the strongest trends with stacked moving averages.
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.
Learn how to build a powerful volume scanner and stock screener for ThinkOrSwim
4 additional scans to find unusual volume overlapping with key indicators, such as the TTM Squeeze and VWAP.
Master the Upcoming Earnings Scan to spot high-probability trades, and transform your trading with proven strategies.
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.
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.
In this video, we'll write some simple thinkScript code to find stocks that hit their YTD high and low on Dec. 31, 2020.
Master ThinkOrSwim label creation with static/dynamic examples. Display EMA values, volume metrics, and custom signals in 6 practical implementations.
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.
Learn to automate squeeze entries with pullback confirmation in ThinkOrSwim. Cancel orders automatically when momentum signals reverse before execution.
Learn to create a ThinkOrSwim automated script that buys VGT pullbacks to weekly Market Pulse levels. Includes paper trading tips and real chart examples.
Learn to backtest weekly Fisher Transform signals in ThinkOrSwim using stacked arrow scans. Optimize trades with historical performance analysis in 5-week windows.
Master decade-long market analysis using ThinkOrSwim's Put-Call Ratio and Transports indicators. Optimize strategies with proven backtesting methods for smarter trades.
Automate trade setups with custom text alerts in ThinkOrSwim. Get real-time notifications for scans like the Slingshot Squeeze without manual checks.
Learn to build a TTM Squeeze watchlist using ThinkOrSwim's volatility tools. Filter high-probability swing trades using backtested metrics and volatility analysis.
Learn to code powerful reversal signals using candlestick patterns in ThinkOrSwim. Transform visual patterns into automated alerts with 10 lines of beginner-friendly script.
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.
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.
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.
Master thinkScript debugging with pro techniques. Learn to resolve errors, optimize strategies, and enhance trading indicators effectively.
Three ways to load custom code into ThinkOrSwim: import a shared study link, share a full workspace, and paste raw ThinkScript from the web.
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.
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.
Master the How to Track Percent Change From Open in ThinkOrSwim to spot high-probability trades, and transform your trading with proven strategies.
Learn to code bullish/bearish reversal patterns into ThinkOrSwim indicators. Transform visual observations into actionable scans and backtests for data-driven trading decisions.
Master the MACD indicator in ThinkOrSwim with this technical deep dive. Learn component calculations, divergence strategies, and customization for smarter trading decisions.
Learn to backtest MACD crossover signals in ThinkOrSwim across markets and timeframes. Optimize strategies using built-in tools and PL histograms.
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.
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.
Master the Utility Labels Indicator Updated - Free ThinkOrSwim Download to spot high-probability trades, and transform your trading with proven strategies.
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.
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