Using the thinkorswim® App for AI-Like Efficiency
The thinkorswim® trading platform offers hundreds of functions that traders can leverage to replicate the efficiency of artificial intelligence (AI) without multiple apps or the potential for hallucinations.
1. Generate trade ideas
Source: thinkorswim® desktop platform for Mac.
Screenshots are for illustrative purposes only, may be historical in nature, and should not be used as the basis for any investment decision.
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Stock Hacker
Traders can filter for stocks—as well as exchange-traded funds, futures, and other securities—based on dozens of criteria, including ask, bid, put/call ratio, volume, and fundamental data and technical analysis patterns.
Find Stocks Using the thinkorswim® Stock Hacker
Find Stocks Using the thinkorswim® Stock Hacker
Sizzle Index™
Using the Sizzle Index, which calculates the ratio of a stock's current options volume against its five-day rolling average, traders can identify market anomalies. A score greater than 1.0 indicates unusual institutional activity or a sudden shift in options sentiment, helping traders spot momentum before it hits the broader news cycle.
2. Monitor the news
Source: thinkorswim® desktop platform for Mac.
Screenshots are for illustrative purposes only, may be historical in nature, and should not be used as the basis for any investment decision.
Live News
The thinkorswim app streams information like earnings headlines, SEC filings, and sector developments, which traders can filter by stock or keyword and link to an alert or a watchlist.
Use the News
This gadget allows traders to build watchlists using the symbols featured in news stories according to a selection of up to 81 categories listed under seven topics: Sector Summary, Industry, Event News, Asset Class, Market Session, Trading Ideas, and Market Summary.
Social Sentiment
Traders can assess the mood for a specific company with a sentiment score that calculates the ratio of positive to negative social media mentions.
3. Streamline technical analysis
Patterns
This thinkorswim feature automatically identifies, traces, and labels selected patterns on applicable charts to help traders visualize market shifts and determine potential entry and exit points.
Source: thinkorswim® desktop platform for Mac.
Screenshots are for illustrative purposes only, may be historical in nature, and should not be used as the basis for any investment decision.
Alerts
Traders can be notified when certain technical signals are triggered or price conditions are met.
Source: thinkorswim® desktop platform for Mac.
Screenshots are for illustrative purposes only, may be historical in nature, and should not be used as the basis for any investment decision.
4. Evaluate performance
Source: thinkorswim® desktop platform for Mac.
Screenshots are for illustrative purposes only, may be historical in nature, and should not be used as the basis for any investment decision.
Probability Analysis
Traders can calculate the statistical likelihood of hitting specific price targets within a given time frame.
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This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions.
Investing involves risk, including loss of principal.
Screenshots are for illustrative purposes only, may be historical in nature, and should not be used as a basis for any investment decision.
Probability analysis results are theoretical in nature, not guaranteed, and do not reflect any degree of certainty of an event occurring.
Schwab does not recommend the use of technical analysis as a sole means of investment research.