Thinkscript Overview

Think or Swim is my broker, and they are great. Lower commissions than full retail, pretty good tools, and you can trade stocks, options and futures from same account. They have a web-based platform, which is important to me as a backup. Plus, ToS also updates their software regularly, adding features and killing bugs.

Thinkscript is Think or Swim’s code for creating customized indicators, paintbars, and even strategies. It doesn’t support automated trading, but it does give you a lot of control over what you see and how you see it. ToS spends lots of time doing good work on the software, but the documentation of Thinkscript is utterly abysmal improving somewhat. There is a dearth of information about Thinkscript on the web at large. These are some other bloggers I have found so far that work with the code:

http://thinkscripter.wordpress.com
http://thinkscript.blogspot.com
http://moolaladotorg.wordpress.com/
http://chartingwithchris.blogspot.com/
http://tradermd.blogspot.com/
http://tosindicators.blogspot.com/

I got some good ideas and early understanding of the code from their sites. Other than that, it seems that ToS script developers are all on their own. Well, the age of darkness is past! See my Google download site for a listing of indicators I have written, including source code. You can also find things by browsing the “Thinkscript” tag from the sidebar. Also, feel free to contact me if you have questions or need any custom work done.

“If you’re good at something, never do it for free!!”

(Yes, I will answer questions for free. I’m a pushover)