View % Gain or Loss with Just a Click

It’s often helpful when viewing a chart to know the percent gain or loss between two bars, it could be an intraday, daily, weekly or monthly chart. In this short video I’ll show how you view that information, with just a click, in thinkorswim.

Simple stuff like this is where computers truly make our lives easier. Given MarketSmith is my go-to charting app, hopefully this feature is on the roadmap.

Configure Regression Channel in thinkorswim

On IBDLive, Chris Gessel often uses @thinkorswim to highlight technical action. Chris has been using a regression line that is discussed by Mike Webster on his Weekly Stock Market Update.

I’ve created a similar configuration that I thought others might find helpful. The image below shows the configuration that I describe in the steps that follow. Notice how the highs and lows of the Nasdaq Composite have held within the half standard deviations.

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