Thinkorswim Condition Wizard 12

Build Custom Scans, Alerts and Chart Studies Using Thinkorswim Condition Wizard

Wouldn’t you love to be able to create highly complex scans, alerts and chart studies? Frustrated from spending endless hours trying to learn how to write code? In this video, I show you how to use the Thinkorswim Condition Wizard to build highly complex alerts, scans and Condition Wizardchart studies. We start by showing a very basic example but we cover every detail so you won’t get lost. Then we progress to more complex solutions through a series of 5 examples. Each example is taken directly from posts to our Q&A forum. These are real world examples, posed by real traders just like you.


Examples included in this video:

  • Identifying stocks where the TTM_Wave C is light blue
  • Stocks above simple moving average the previous 3 bars
  • Three consecutive bars of 2% or more gain
  • Unusual option volume
  • MACD crossover below the zero line

Want to learn more?

Once you master these techniques, be sure to view our advanced Strategies video: Thinkorswim AutotTade Almost . This video explains how to use the Thinkorswim Condition Wizard to build chart strategies and conditional orders for automated trade execution. Also included are code templates. Which make it very easy to copy code from the Thinkorswim Condition Wizard and paste it into your own custom chart strategy.

For a complete understanding of Thinkorswim Chart Strategies be sure to view all our videos in this topic:

*Thinkorswim is a chart analysis platform offered by TD Ameritrade:

TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.


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12 thoughts on “Thinkorswim Condition Wizard

  • DeNice Spice

    Hi, thanks for looking at this question. I’m kind of lost on where I might find the answer later but I’ll try. You did a custom bollinger band squeeze with someone. I called TOS and we installed it. I wish for the bands to be tighter as I’m not seeing the tight bands. I’d like to go back about about five days for the squeeze. I’m kind of new to all this trading for only a year. Thx so much. Glad to hear you’re doing well.

  • Matt B

    Mr. Pete, I’m glad to see you are feeling better and are back in action. I’m having trouble logging in to your message board so I figured I would ask it here. Is it possible, on TOS, to code arrows to show up at cycle highs/lows determined by slow stochastics %D value crossovers? A cycle high being %D crossing above 45 and then back down crossing below 55. The cycle high would be the highest price in that “loop”. Sorry to post this here but I can’t seem to login to your webpage. Thank you sir, Matt B

  • Arlette Darty-Ochoa

    HI Pete I just found you on youtube, I really appreciate your teaching, that it is so great, thank you for all the time you put into

  • Steve

    Hello there, Pete! I am very glad to hear that your recovery has been so successful, and I wish you continued good health.
    I cannot express adequately how much I appreciate your videos, and their ability to broaden my understanding of TOS, and the awesome power it contains.
    This video in particular has opened my eyes to a part of TOS I had never considered using before your clear tutorial. I can only imagine ( laying in bed, awake, too late…) what can done with a bit of thinkScript studying in conjunction with the Condition Wizard. Really amazing- I, for one, would really be interested in further adventures with The Wizard!

    Thanks again,

    • Pete Hahn Post author

      Hi Steve,
      Thanks so much for your kind and encouraging words. I’m really excited that you found this video so useful. I certainly have plans for more in this series. Stay tuned.

    • Jim Porter

      I just today hit a bump and needed some help. I have been offline myself for a while so I was unaware of your problem. I am so pleased to hear that you are on the mend from a very serious condition. You have always been my GO TO resource when I encounter a problem and once again you gave me a hand across the gap in my knowledge of Thinkorswim ! I was unaware of all the posting you have made on the condition wizard, etc. so I will have a field day over the next week catching up. Seriously, you have helped me at least as much as Tech Support at thinkorswim, and on the more advanced features, well, as I said you have been my GO TO. Thank you ! and my VERY best wishes for a continued recuperation. I will have a field day going through the treasure chest (as I call it) of educational material I have missed in my absence.


      • Pete Hahn Post author

        Hi Jim. So very glad you found our content so useful. Great to have feedback that confirms I am hitting the mark.