NYSE Tick & Breadth: Thinkorswim Chart Setup
April 12, 2011 
8 Comments
Trading with the market internals such as the NYSE tick and market breadth can lead to increased efficiency in your entry’s and exits. While it is most commonly used for intraday trading, it is possible to trade larger timeframes. The NYSE tick is only available during regular trading hours of 9:30 AM EST – 4:00 PM EST as the data is derived from the New York Stock Exchange.
Here I have optimized the setup my NYSE tick chart for day trading the E-mini S&P Futures.
Instructions for Installing the Code:
After you’ve setup your chart per the video above, click on
Studies > Edit Studies > New Study (bottom left)
Delete ‘plot Data = Close;’ and paste the code below.
Hit OK
You can modify the parameters in the properties box
Tick Range Code
(Original code courtesy of thinkscripter, but it has since been modified)
Copy this tick range code into the new study box in Thinkorswim.
Breadth Box Code
Copy this breadth box code into the new study box in Thinkorswim.
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About Tim
Tim this is brilliant! Thanks very much, specially for the Breadth Box Code. I’ve seen it on your setup before, it’s great that you shared it
just came across your site. thanks. it’s great
Free advice that really works is rare. Thank-you for this insight. You clearly have some great ideas for making day trading a bit easier.
I’m really enjoying all the free info on your site, much appreciated.
I’m a struggling ES trader looking to get better. I’m using ToS and have implemented your tools on this page.
Thanks!
I have seen your webinar with IF this week, and I’m really amazed of your E-mini S%P trading system, its simplicity is a great catch; now I see your site and I’m astonished for all the free info you share,
Thanks!
Thanks Renato, happy to help and share my methods.
Hi Tim, is ToS Think or Swim a charting software service run by Ameritrade simular to Esignal Supercharts etc.?Ill get to your web site asap. Take care, eat well, sleep well, live well, and of course…..trade well.
Yes it is John. TDAmeritrade acquired Thinkorswim in June of 2011. Esignal and Tradestation offer very comparable platforms, I’ve just been with TOS for the past 6 years and thus built some platform loyalty.