The Smoothed U.S. Recession Probabilities indicator measures the likelihood that the U.S. economy will experience a recession soon. The indicator is calculated using data from four concurrent monthly reports. Non-farm …
Category: ThinkorSwim Indicators
Anchored VWAP Indicator for ThinkorSwim (Download FREE)
The Anchored VWAP indicator for ThinkorSwim is a simple tool that plots the VWAP (volume-weighted average price) line at a user-defined date/time. This indicator can be useful for identifying support …
Sahm Rule Recession Indicator for ThinkorSwim
The Real-time Sahm Rule Recession Indicator is a tool that assesses the state of the economy using the unemployment rate. The indicator determines that the economy is currently in a …
How To Show Positions and Average Price on ThinkorSwim Chart
There are multiple ways to show your entry price on a ThinkorSwim chart. You can display it as a line on the chart to show the average price at which …
Delivery Volume Percentage Indicator for ThinkorSwim
A reader came to me with a request to convert a script from Trading View to ThinkorSwim. The indicator is called Delivery Volume Percentage. What is Delivery Volume Percentage Delivery …
Correlation Coefficient (CC) Indicator for ThinkorSwim
The Correlation function in thinkScript lets you correlate different stocks against each other. With a simple indicator, you can get the prices of two different securities and see whether or …