Can you add indicators to thinkorswim?
There are more than 300 indicators you can consider trying out on the thinkorswim platform. You can categorize them into trending, trading range, and momentum indicators and create a technical indicator list including tools from each category.
Does the ZigZag indicator repaint?
It does never -ever- repaint a past signal and therefore is useful to study the real behavior of the ZigZag indicator -which does repaint- as a trading tool over time. As you can see, many signals are repainted by ZigZag indicator over time. Fractals have been used to reduce the number of highs and lows painted.
How does the ZigZag indicator work?
The Zig Zag indicator plots points on a chart whenever prices reverse by a percentage greater than a pre-chosen variable. Straight lines are then drawn, connecting these points. The indicator is used to help identify price trends. It eliminates random price fluctuations and attempts to show trend changes.
Which is the best harmonic indicator for Thinkorswim?
This is a multi-harmonic patterns indicator for ThinkorSwim that is consists of 12 different type of patterns including Wolf Wave, Zig Zag, Butterfly, Crab, Elliot Wave, Gartley, and many more. All of these harmonic and fractals patterns are identified automatically for you.
What are the features of zigzag high low?
In addition to that, we also have Fibonacci extension, alerts, reversal signals, and price change shown in bubbles style. You can adjust these features to your liking after adding the indicator.
Is there an ORT resistance indicator for Thinkorswim?
If you just want to plot pivots for S/R this might be a better choice https://usethinkscript.com/threads/…ort-resistance-indicator-for-thinkorswim.158/ Does this script include the alerts and the reverse signals? @joshuadstout Yes, however, the signals are delayed just so you know.
What are the different types of patterns in Thinkorswim?
Advanced search… This is a multi-harmonic patterns indicator for ThinkorSwim that is consists of 12 different type of patterns including Wolf Wave, Zig Zag, Butterfly, Crab, Elliot Wave, Gartley, and many more. All of these harmonic and fractals patterns are identified automatically for you.
