I’ve invested a considerable amount of time creating custom thinkorswim indicators and thought I’d set up this blog to share them and solicit some feedback. Most of the scripts are free but I ask that you leave the notes in the header alone so that others can find this site and join our growing community of thinkScript enthusiasts. Some of the scripts are reserved as thank you gifts for those who help support the project with a donation.
Straight Talk
90% of all traders fail within the first few months and destroy their accounts in the process. Read that last one again! Those are terrible odds. No indicator here or anywhere else will magically turn a new or previously unsuccessful trader into a good one. If anyone offers to sell you an indicator with claims of guaranteed profits you should run and run quickly…They simply want to profit from your inexperience and lack of education about the market. To be a successful trader you need education, practice, and most importantly discipline. Then, and only then, careful selection of the right indicators to match your trading style should be undertaken. I have provided just such a collection here. You will find no claims of “Holy Grail” indicators here. I have simply created a large and varied collection of first rate tools for the thinkorswim platform. Some are ported versions of commonly available tools and many are my own creations.
Feel free to contact me at thinkscripter@gmail.com with questions and requests. I do my best to get back to everyone in relatively short order.
I’m always looking for ideas as well. If you see an indicator for another platform and have some code (or not), I’d love to give a shot at porting it to thinkScript.
-ThinkScripter
