Intraday for thinkorswim
Download our free VWAP indicator and read the import instructions.
Serving as an essential visual reference point, Intraday is one of the core indicators we use to implement
our
framework.
Designed to be used in place of thinkorswim's default VWAP, this tool provides optional standard deviation
bands,
dynamic color-coding for an optimized user interface, and more.
This free indicator is one of several that we offer for thinkorswim, including an all-in-one anchored VWAP.
Intraday chart of SPY from 7/19/22 with our free VWAP indicator applied.
Step-by-Step Import Tutorial
Step 1 - Once you've downloaded the indicator, it will appear as a zipped folder titled "TheVWAP-Intraday-TOS". Open your Downloads, right-click the folder and select "Extract All". Click Browse, choose your desired destination for the unzipped folder and then click "Extract".
Step 2 - Your unzipped folder should contain one TOS code file. It may appear as an audio/video file and produce an error if you attempt to open it, but this is just due to thinkorswim's ".ts" file extension making your PC think it's something other than TOS code. Have no fear, this is normal.
Step 3 - Open thinkorswim and pull up any blank chart. Right-click anywhere within the chart, mouse over “Studies”, and click “Edit Studies”. You can also use the key combination [Control+E] to access the Edit Studies window from any chart.
Step 4 - Click “Import…” to pull up the “Load STUDY” window and browse through the drop-down menu to locate the unzipped folder saved on your computer. Open the folder, highlight the study, and click “Open”.
Step 5 - The study has now been loaded onto your platform but you still need to add it to your chart. Use the search bar on the left hand side to find the indicator you just imported — searching for "VWAP" is an easy, quick way to find all of our studies. Next, click “Add selected”, and then click “Apply”. You can also right-click the study and choose to rename it like we’ve done here.
Step 6 - Success! You've added Intraday to your thinkorswim platform and can now play around with the built-in settings.
We'll send you Intraday for free, plus a tutorial of its features and settings.