How to Add a Chandelier Indicator in Thinkorswim

How to Add a Chandelier Indicator in Thinkorswim

Hey dude! So you wanna add that fancy chandelier indicator in Thinkorswim. I get it, you wanna feel like a stock trading wizard or someone who just got their first pair of roller skates. Either way, you’re in for a goofy ride. Buckle up!

Alrighty then, let’s dive into this wild world of trading and chandeliers. Just imagine your stock charts shining bright like it’s disco night!

Step 1: Open Thinkorswim

Okay, first things first you gotta open the Thinkorswim platform. If you’re looking at your browser like it’s the Mona Lisa, remember that’s NOT where the magic happens. Click on that icon like it owes ya money!

Step 2: Find the Charts Tab

Now that you’re inside, look for the Charts tab. It should be there chilling out like it’s at a beach party. Just click on it and BOOM! You’ve entered a universe where lines and bars dance together like they’re doing the cha-cha!

Step 3: Add Study Thingy

Next step is where the real fun begins. Get ready to add a “study.” It’s not as boring as it sounds, I swear! On top of your chart there’s this little button called ‘Studies’. Click that baby and you’ll see a menu pop up! It’s kinda like opening a treasure chest but instead of gold coins there are numbers and stuff.

Step 4: Search for Chandelier

In this menu thingy, there’s a search bar that looks lonely. Type “Chandelier” in there like you’re yelling at your dog who’s ignoring you. The beauty of technology is sometimes it listens back! You should see the chandelier indicator show up faster than my dog when he hears the treat bag crinkle.

Step 5: Select It and Click OK

After your eye catches that chandelier indicator—because who wouldn’t want one?—just click on it! And then hit that “OK” button like you’re smashing a piñata filled with candy! Now your chart should have sparkly lines showing you all the ups and downs – kinda like your last family reunion except less awkward.

Step 6: Customize Like A Boss

Now comes the creative part where you can customize how your chandelier looks. You can change color, thickness or whatever floats your boat! Make it neon pink if you want – own that chart like it’s your runway! But don’t go overboard or people might think what happened here?!

Step 7: Observe Your Chart Magnificence

Last but not least, sit back and admire what you’ve done. Grab some popcorn because now you’re ready to watch those stocks dance under your chandelier light, just like a Saturday Night Fever flashback! Don’t forget to show off to friends because nobody ever made money alone without showing off how smart they are!

FAQ Section

Question: Is this chandelier gonna hang from my ceiling?
Answer: Nope! This one won’t hold any lights but it’ll help shine some light on those stock prices!

Question: Can I use this for sports betting too?
Answer: Haha nooo dude! This is all about stocks and trading – not about who’ll win next week’s game!

Question: Does this come with actual chandeliers?
Answer: Only in your dreams buddy… unless you have great negotiation skills with IKEA.

Question: Will my stocks price drop when I add this?
Answer: Well.. adding indicators won’t make prices drop or rise unless they do so because of market conditions… sorry!

Question: Are there other cool indicators I can try?
Answer: Ohhhhhh yes!!! There are hundreds – but be careful not to get too carried away or you’ll drown in them like Scrooge McDuck!

Question: Can I add more than one indicator?
Answer: Yep yep yep!!! Just don’t clutter it too much or we’ll need binoculars just to read stuff!

Question: Will using this make me rich quick?
Answer: Haha good luck finding shortcuts buddy – if only life was that easy right?!

So there ya go pal! You’ve got all the steps down to bling out your Thinkorswim with chandeliers galore! Now get out there and dazzle those charts while making bank (or at least trying)! Stay silly my friend