Converting a Scan to a Strategy (and vise versa)
Thinkorswim Scan To Strategy
Do you know how to convert a custom Scan on Thinkorswim into a custom Strategy? You will not believe how simple it is. This video shows the step-by-step instructions on how to convert custom Scans into custom Strategies. There is also a quick demo of how to convert a Strategy back into a Scan. After watching this video you will be better equipped to take your trading ideas and put them into practical use. You will be able to build strategies that meet your trading plan and then convert them into a scan that will deliver verified entry signals right to your watch list.
This video builds upon the foundations laid in four previous tutorials. This video assumes you already have a good understanding of custom studies and strategies on the Thinkorswim platform. If you haven’t seen them already, it’s best to view them first.
Thinkorswim Custom Scan Stochastic MACD
Thinkorswim Scan TTM Squeeze Histogram
Thinkorswim Scan MACD RSI Part Two
For Advanced Users Only:
Take this knowledge to the next level and learn how to automate your trades on Thinkorswim
Thinkorswim Automated Round-Trip Trades
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
*Thinkorswim is a chart analysis platform offered by TD Ameritrade: www.tdameritrade.com
TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.
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Hey Hahn, Thanks a bunch for the awesome videos. I started using TOS 4 week ago. I am lost on how to create a strategy from couple of studies that I use. I believe I created a scan that works for my combined indicators that I use. I tried to follow your instructions to turn a scan into a strategy, however, my scans are only listed under the scan tab and they do not contain all of the indicators data. Was hoping you may be able to help me to achieve making a strategy. I have been watching hours and hours of videos but none are able to help.
Thanks.
I’m glad you are finding some helpful resources to fuel your trading ideas. Chart Strategies and back-testing is a very advanced skill. Not something you should be jumping straight into. I suggest you spend about a year working with chart studies before trying to build custom chart strategies. If you have a clear set of specifications and would like to pay for a professional solution you may consider submitting a custom project request. Just go to the “About” page on this site and read up on all the details about the services we offer, our rates and terms of business.