TD Ameritrade’s Quarterly Publication to Users of Thinkorswim
This video is based on an article in the Summer 2015 edition of the thinkMoney magazine. Page 35 of this edition contains a description of how to use a TD Ameritrade proprietary indicator called MarketForecast. In this video I demonstrate a customized version of this indicator which can be applied as an overlay to any of your favorite momentum indicators. Using it in this way reduces the amount of chart space used and also provides a very clear indication of when overbought and oversold conditions are reached (as described in the thinkMoney article). Once a quarter TD Ameritrade publishes a new edition of their magazine called thinkMoney. As long as this video receives favorable feedback and viewership, I plan to do one each quarter that the thinkMoney magazine is released. If you would like to see me cover a thinkMoney article from a previous edition, just post a comment below this video.
Here is a link to download the custom MarketForecast indicator from Google Drive:
Would you like to learn how to master the chart settings on Thinkorswim? Click here for our 3 part series: Thinkorswim Chart Settings Tutorial
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.
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