Best Indicators on Thinkorswim (custom code shared!)

Best Indicators on Thinkorswim (custom code shared!)
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Red - Green - Line - TOS Code - http://tos.mx/1fUiSlo
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So turns out since the rest of the indicators are not custom I am unable to share them with code like the one above so I have instead included my settings for each:
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VWAP
-Num dev dn - 0.0
-Num dev up - 0.0
-Time frame - Day
-VWAP color - light blue
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Simple Moving Avg (20-SMA)
-Price - close
-Length - 20
-Displace - 0
-Show breakout signals - No
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Volume Profile
-No custom settings just default
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These 4 different day trading and swing trading indicators included in this video have been tested by out of just about every indicator on thinkorswim and that combined with working with some of the best traders in the industry (like 7-figure traders making over $1M+ per year kind of thing) and these are what everyone uses.
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VWAP (Volume Weighted Average Price)
The VWAP trading indicator has been used by traders since charting was invented. It is a great indicator to use to determine whether you should be long or short a stock, realistic expectations for where a stock may reverse to if it has gotten overextended and much more
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Volume Profile
Again a great stock trading indicator to give you a general rule of thumb to determine who is in control (the longs or the shorts) over the timeframe that you are looking at
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Simple Moving Average (20-SMA)
Some people like the exponential moving average over the simple moving average but for general trend following stocks the 20-SMA is the industry standard...the key is to notice how the stock is responding when it tests (aka touches that line)
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Red/Green Line
A gold standard in the day trading community as a very obvious potential resistance or support line
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Hope you guys enjoyed today's video...consider checking out my channel if you want to learn more tips in tricks on Thinkorswim, Trading, Investing, or Personal Finance
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My name is Gannon and I have been active day trader and investor in the stock market for over 2 years now. I have worked at proprietary trading firms in the past and absolutely love stocks, investing, personal finance, and money!

Видео Best Indicators on Thinkorswim (custom code shared!) канала Gannon Daynes - Money - Stocks - Personal Finance