ThinkScripter – Custom ThinkScript Indicators for thinkorswim

One of the most basic tenants of trading is the use of multiple timeframes. The highest probability signals occur when indicators align across multiple different time period charts. The Multiple Timeframe Stochastic Momentum Index (SMI) monitors multiple timeframes simultaneously and indicates when an overbought or oversold alignment exists with either a red or green vertical [...]

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Well it’s been about a year since I published the “Top Ten Wish List for ThinkScript” and we’ve seen several implemented thus far. For those who don’t recall, here’s last year’s list: 1. Scriptable alerts – both the regular kind and audio alerts 2. Retrieve h/l/c data from a different aggregation period (i.e. Say I [...]

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