NYSE Tick & Breadth: Thinkorswim Chart Setup
Trading with market internals such as the NYSE tick and market breadth can lead to increased efficiency in your entry’s and exits. While they are 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.
The charts and code below is for thinkorswim® charts (now powered by TDAmeritrade). Click here to open an account.
Here I have optimized my NYSE tick chart setup for day trading the E-mini S&P Futures.
Instructions for Installing the Code:
To setup your chart per the video above, click on
Studies > Edit Studies > New Study (bottom left)
Delete ‘plot Data = Close;’ and paste the following code below.
Note: You can modify the parameters in the properties box
NYSE 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.
Click here to open a TDAmeritrade account and get thinkorswim® charts.
Breadth Box Code
Same as above, copy this code into a new study, save and activate.