Using Early Warnings from a Multi-Layered Divergence Tool! | thinkScript Studies on thinkorswim

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thinkScript Studies on thinkorswim | Michael Fairbourn | 6-6-25 Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Today we initially looked at a previous indicator we reviewed, the TTM Squeeze Bar, and placed an example trade in the thinkorswim paperMoney platform. We then took a dive into the A/D line for breadth indications with a custom divergence indicator. Lastly, we did our first scan script for the Chaikin Money Flow, which spotted price/indicator divergences. Have a market idea, but you just a find the tool to put it into action? Create your own custom indicator with thinkScript. Your education coach will build custom trading tools as you watch to help give you an understanding of creating and using scripts on the thinkorswim platform. Time to tinker with those technicals. 1023-3KVR Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy. Class thinkScript 1: http://tos.mx/!urE1k3CX thinkScript 2: http://tos.mx/!ocFQVdEu Follow me on X: https://x.com/MikeFairbournCS #SchwabCoaching #TraderTalks #mikefairbourn #thinkorswim