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How can I use thinkorswim to analyze tick charts for cryptocurrencies?

avatarBingum 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!

How can I use thinkorswim to analyze tick charts for cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    No 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!