TD Ameritrade Thinkorswim: Analysis Tools
AAA
  1. TD Ameritrade Thinkorswim: Introduction
  2. TD Ameritrade Thinkorswim: Account Types And Minimum Deposits
  3. TD Ameritrade Thinkorswim: Services Offered
  4. TD Ameritrade Thinkorswim: Commission Structure
  5. TD Ameritrade Thinkorswim: Customer Support
  6. TD Ameritrade Thinkorswim: Analysis Tools
  7. TD Ameritrade Thinkorswim: Conclusion

TD Ameritrade Thinkorswim: Analysis Tools

By Cory Mitchell

The thinkorswim platform is rich with features, providing price alerts (when set), streaming CNBC TV, stock and option screeners and a spread trading tool. There are also live, streaming and customizable charts. Charts contain up to 20 years of data, and can be viewed on an intraday basis right up to monthly data.

The charts can be analyzed with hundreds of indicators including the common moving average convergence divergence (MACD), moving averages and oscillators. All indicators can be customized to suit the needs of the trader. Drawings can be placed on the chart, such as showing cycles, Fibonacci retracement levels and trendlines.

Traders can also screen for fundamental data and see news on the chart they are viewing, such as earning announcements, conferences calls or stock splits.

Traders can also isolate stock patterns such as head and shoulders patterns, triangles, wedges and others on their charts. Candlestick patterns can also be isolated, such as dojis and engulfing patterns.

The features and analysis tools make it possible to find trading instruments which are moving the way the trader wants. Those instruments can then be further scrutinized using an almost endless array of indicators and chart overlays. Figure 6 shows a summary of the main indicator categories and tools available in the thinkorswim platform (partial list).

Figure 6: Analysis Tools Categories


Additional Info
Within the thinkorswim platform, there are live tutorials for using the platform along with frequent trading seminars. Chat rooms are also available within the platform so traders can discuss the market with other traders throughout the day.

Traders can launch the news feeds which provides up to the second news flashes of events affecting individuals stocks, companies, the broader market or the business world.

Watch lists can also be created to keep an eye on certain stocks, ETFs, sectors or an array of trading instruments.

Traders can even link their accounts up to a list of trading newsletters. When a trade signal is released by a newsletter the trader is subscribed to, the signal will be "automatically traded" in their account. TD Ameritrade Thinkorswim: Conclusion

  1. TD Ameritrade Thinkorswim: Introduction
  2. TD Ameritrade Thinkorswim: Account Types And Minimum Deposits
  3. TD Ameritrade Thinkorswim: Services Offered
  4. TD Ameritrade Thinkorswim: Commission Structure
  5. TD Ameritrade Thinkorswim: Customer Support
  6. TD Ameritrade Thinkorswim: Analysis Tools
  7. TD Ameritrade Thinkorswim: Conclusion
RELATED TERMS
  1. Exchange-Traded Fund (ETF)

    A security that tracks an index, a commodity or a basket of assets ...
  2. Compound Annual Growth Rate - CAGR

    The Compound Annual Growth Rate (CAGR) is the mean annual growth ...
  3. Return On Investment - ROI

    A performance measure used to evaluate the efficiency of an investment ...
  4. Systematic Manager

    A manager who adjusts a portfolio’s long and short-term positions ...
  5. Unconstrained Investing

    An investment style that does not require a fund or portfolio ...
  6. Sharpe Ratio

    A ratio developed by Nobel laureate William F. Sharpe to measure ...
RELATED FAQS
  1. What does a high turnover ratio signify for an investment fund?

    If an investment fund has a high turnover ratio, it indicates it replaces most or all of its holdings over a one-year period. ... Read Full Answer >>
  2. What is the difference between passive and active asset management?

    Asset management utilizes two main investment strategies that can be used to generate returns: active asset management and ... Read Full Answer >>
  3. What percentage of a diversified portfolio should large cap stocks comprise?

    The percentage of a diversified investment portfolio that should consist of large-cap stocks depends on an individual investor's ... Read Full Answer >>
  4. Why should an investor include an allocation to the telecommunications sector in ...

    An investor should include an allocation to the telecommunications sector in his portfolio, because telecom offers an investor ... Read Full Answer >>
  5. What are some mutual funds that do not have 12b-1 fees?

    Some of the most popular and best-performing mutual funds that do not include any 12b-1 fees in the expenses charged to fund ... Read Full Answer >>
  6. Are there mutual funds that take advantage of merger arbitrage?

    A few select mutual funds focus investing on merger arbitrage. Among these are the Merger Fund, the Arbitrage Fund and the ... Read Full Answer >>

You May Also Like

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!