How can I use thinkorswim to analyze tick charts for cryptocurrencies?
Bingum de AlwisDec 26, 2021 · 3 years ago1 answers
I'm interested in using thinkorswim to analyze tick charts for cryptocurrencies. Can you provide a step-by-step guide on how to do this? I want to make informed trading decisions based on the tick data. Any tips or tricks would be greatly appreciated!
1 answers
- Dec 26, 2021 · 3 years agoNo problem! Here's a simple guide to using thinkorswim for analyzing tick charts of cryptocurrencies: 1. Open thinkorswim and log in to your account. 2. Navigate to the Charts tab and select the cryptocurrency you're interested in. 3. In the Time Frame dropdown menu, choose 'Tick'. 4. Adjust the tick aggregation period according to your preference. 5. Customize the chart by adding indicators, drawing tools, and other features. 6. Analyze the tick chart to identify patterns, support/resistance levels, and potential entry/exit points. 7. Incorporate the insights gained from the tick chart into your trading strategy. Remember, tick charts provide a more detailed view of price movements, which can be useful for short-term trading analysis. Enjoy exploring thinkorswim's tick chart capabilities!
Related Tags
Hot Questions
- 96
How can I buy Bitcoin with a credit card?
- 89
What is the future of blockchain technology?
- 40
What are the best digital currencies to invest in right now?
- 32
Are there any special tax rules for crypto investors?
- 31
What are the tax implications of using cryptocurrency?
- 27
How does cryptocurrency affect my tax return?
- 26
What are the advantages of using cryptocurrency for online transactions?
- 20
How can I minimize my tax liability when dealing with cryptocurrencies?