New ThinkorSwim users are often left asking what’s the difference between Stock Buying Power and Option Buying Power. In addition, why is there an available balance to buy stocks but …
What is Position Equity in ThinkorSwim? Explained for Beginners
If you recently transferred to TD Ameritrade / ThinkorSwim, you may see a field called Position Equity appears under your account. Position equity represents the current market value of your …
How to Check Day Trades Left in ThinkorSwim
ThinkorSwim users often wonder how many day trades they have left. Luckily, there’s a simple way to check how many day trades are still available in your ThinkorSwim account. Before …
thinkScript Fold Function (With Examples)
The Fold function in thinkScript can be used to iterate over a list of data points and perform a calculation on each point. thinkScript Fold Syntax def <result> = fold …
Fed Funds Rate Indicator for ThinkorSwim
This indicator for ThinkorSwim plots the Effective Federal Funds Rate as a study on the lower subgraph chart. The Federal Reserve uses the EFFR as a primary tool for implementing …
U.S Recession Probabilities Indicator for ThinkorSwim
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 …