How can I get text and email alerts based on a custom study condition in Thinkorswim?

Yes, with some limitations. The original method of doing this was through what Thinkorswim calls “Study Alert”. It uses a tool called the “condition wizard” to access various plots of some built in studies, (and some custom studies). The limitations are that any study which uses recursion is excluded. Recursion is a method used to calculate the value of a plot, by looking at previous values of itself. As long as the study does not do any recursion, it is available to use in a “Study Alert”. The other limitation is that Study Alerts can only be applied to a single ticker symbol. If you want to apply the same rule to get alerts on multiple ticker symbols you need to create one for each and every symbol in your list.

Check out this video to get the full details and step-by-step instructions:

https://www.hahn-tech.com/thinkorswim-alert-ichimoku/

Be sure to tag this question in your favorites to be notified of updates. In a future video we will be demonstrating the new method, which enables you to get study based text/email alerts on an entire list of stocks.