Month: September 2017

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How to Customize the ThinkOrSwim PreMarket Gap Scanner’s Parameters

 

Premarket Gap Scanner for ThinkOrSwim:
http://easycators.com/product/premarket-gap-scanners-for-thinkorswim/

This video shows how to customize the volume, average volume, price ranges, and average true range / ATR parameters for my Pre-market Gap Scanner package for ThinkOrSwim.

Every trader is different, and we each focus on different types of stocks. Maybe you like playing opening drive momentum trades on low-float stocks early in the morning. Maybe you’re looking to play the first pullback on a trend day. Or maybe you’re looking for 1-2-3 patterns on 2 and 5 minute charts.

All of these plays might require different volume, average daily volume, and average true range requirements when you’re scanning for gaps in the pre-market. So this video will walk you through how to change and customize those settings in ThinkOrSwim, without having to do any coding in Thinkscript.

Find out more and purchase the scanner at this link:
http://easycators.com/product/premarket-gap-scanners-for-thinkorswim/

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Seasonality Tutorial – How to Use Seasonal Charts in ThinkOrSwim

Seasonality Tutorial – How to Use Seasonal Charts in ThinkOrSwim

TOS has a great feature I didn’t know about until recently, which is the Seasonality Chart mode. In this video, I show you how to pull up a seasonal chart, change the scaling to percentage-based instead of price-based, and compare different seasonal averages such as the 20, 10, and 5 year seasonality charts.

ThinkOrSwim’s seasonality charts are perhaps a little on the basic side, but still functional and useful for finding statistical tendencies in markets and identifying the best times of the year, historically, to buy or sell a given stock or future.

The seasonal charts in think or swim help us see the cyclicality or cyclical nature of the markets.

In the end, seasonality analysis can help you add that much more of an edge to your trading and investing strategy, increasing your odds of success by taking advantage of seasonal tendencies.

If you find this video on seasonal charts and market cycles to be useful, please click LIKE and SUBSCRIBE! And if you have any thoughts or questions leave us a COMMENT or email us at:

Premium Add-Ons for ThinkOrSwim

Thanks!
Josiah

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Scanning for Gaps in the Pre-Market with ThinkOrSwim

 

ThinkOrSwim’s built-in scans don’t allow you to scan for gaps in the pre-market, they only work after the open. Because of this, most traders are forced to pay huge monthly fees for premium scanners like Trade-Ideas or Pristine’s ESP scanner. So I developed these custom scans using TOS ThinkScript to help find the best stocks forming gaps in the premarket, using the free market data and scanning tools in the ThinkOrSwim platform.