Thinkorswim is a popular mobile trading app that offers numerous tools and features to help investors make informed decisions. One of the key benefits of this app is the ability to add indicators, which can provide valuable insights into market trends and future price movements. In this article, we will explore how to add indicators to Thinkorswim mobile app.
Step 1: Open a Chart
To add an indicator, you first need to open a chart. To do this, tap on the ‘Chart’ icon in the bottom navigation bar. This will take you to the chart screen where you can view price movements for your chosen security.
Step 2: Tap on the Indicators Icon
Next, tap on the ‘Indicators’ icon in the top right corner of the screen. This will open up a list of available indicators that you can add to your chart.
Step 3: Select Your Indicator
Scroll through the list of indicators until you find one that you want to add. You can also use the search bar at the top of the screen to search for a specific indicator by name.
Once you have found an indicator that you want to use, tap on it. This will bring up a menu with several options that allow you to customize how the indicator is displayed on your chart.
Step 4: Customize Your Indicator
The customization options for each indicator may vary depending on what type of indicator it is. However, some common customization options include:
- Type – Allows you to choose from different types of indicators such as moving averages or oscillators.
- Settings – Allows you to adjust certain parameters for your selected indicator.
- Color – Allows you to change the color of your indicator.
Step 5: Add Your Indicator to the Chart
Once you have customized your indicator to your liking, tap on the ‘Add’ button in the top right corner of the screen. This will add your selected indicator to your chart.
Adding indicators to Thinkorswim mobile app is a simple process that can help investors make informed decisions about their trades. By following these five easy steps, you can add indicators to your chart and customize them according to your preferences. With this valuable tool at your disposal, you can gain deeper insights into market trends and make more informed trading decisions.