Thinkorswim, a powerful trading platform, empowers traders with a vast array of features, including the ability to save and edit scans. These scans, tailored to specific trading criteria, provide traders with real-time updates on potential trading opportunities. However, the platform’s vast capabilities may occasionally leave users seeking guidance, especially when it comes to modifying existing scans. This comprehensive guide will provide step-by-step instructions on how to seamlessly edit saved scans in Thinkorswim, ensuring traders can refine their strategies with precision.
To initiate the editing process, navigate to the “Scans” tab located on the left-hand side of the Thinkorswim platform. This tab houses all saved scans, providing a consolidated view for easy management. Right-clicking on the desired scan from the list reveals a context menu, where the “Edit” option resides. Selecting “Edit” opens a new window, presenting the scan’s parameters and settings in a user-friendly interface. Here, traders can make adjustments to various aspects of the scan, including the criteria, conditions, and visualization options.
Thinkorswim offers a multitude of customization options within the scan editing window, allowing traders to tailor their scans to their specific trading strategies. The “Criteria” tab enables the modification of the scan’s entry and exit conditions, such as price levels, technical indicators, and time frames. The “Conditions” tab provides further refinement options, including the ability to set logical operators (e.g., AND, OR) and specify additional scan parameters. Additionally, the “Visualization” tab allows traders to customize the visual representation of the scan results, choosing from various chart types, color schemes, and display settings. By leveraging these options, traders can fine-tune their scans to identify trading opportunities that align precisely with their desired criteria.
Customizing Scan Criteria
Thinkorswim’s advanced scanning capabilities allow you to create custom filters to identify specific stocks that meet your investment criteria. To customize the scan criteria:
1. Scan Entry Criteria
In the “Scan Criteria” section, define the specific rules or conditions that the stocks must satisfy to be included in the scan results. You can specify a wide range of parameters, such as:
Criteria Type | Description |
---|---|
Technical Indicators | Analyze stock price movements using various technical indicators (e.g., moving averages, Bollinger Bands). |
Fundamental Data | Filter stocks based on financial metrics (e.g., earnings per share, price-to-earnings ratio). |
Stock Properties | Classify stocks based on characteristics (e.g., industry, market capitalization). |
Complex Logic | Combine multiple criteria using logical operators (e.g., AND, OR, NOT) to create sophisticated scan conditions. |
2. Scan Exit Criteria
Optionally, you can define exit criteria to automatically remove stocks from the scan results once they no longer meet the specified conditions. This can help you monitor stocks effectively.
3. Additional Options
Customize the scan settings further by setting parameters such as the scan frequency, email notifications, and sort order. These options enhance the usability and efficiency of your saved scans.
Managing Scan Lists
Thinkorswim allows you to organize your saved scans into lists for easy access and management. Here are the steps on how to manage scan lists:
Creating a New List
To create a new list, click on the “Lists” tab in the Scan window. Then, click on the “New List” button and enter a name for your list.
Adding Scans to a List
To add a scan to a list, select the scan from the “Saved Scans” tab and click on the “Add to List” button. Select the list you want to add the scan to from the drop-down menu.
Editing a List
To edit a list, click on the “Lists” tab and select the list you want to edit. Then, click on the “Edit List” button. You can change the name of the list or add/remove scans from the list.
Deleting a List
To delete a list, click on the “Lists” tab and select the list you want to delete. Then, click on the “Delete List” button. Note that deleting a list will also delete all the scans in the list.
Saving a List
To save a list, click on the “Save List” button in the Scan window. You can choose to save the list as a local file or as a cloud-based list.
Creating a New List | Click on the “Lists” tab, click on the “New List” button, and enter a name for your list. |
Adding Scans to a List | Select the scan from the “Saved Scans” tab, click on the “Add to List” button, and select the list you want to add the scan to. |
Editing a List | Click on the “Lists” tab, select the list you want to edit, click on the “Edit List” button, and make the necessary changes. |
Deleting a List | Click on the “Lists” tab, select the list you want to delete, and click on the “Delete List” button. |
Saving a List | Click on the “Save List” button in the Scan window and choose to save the list as a local file or a cloud-based list. |
Deleting Saved Scans
To delete a saved scan in Thinkorswim, follow these steps:
- Click on the “Scans” tab in the top toolbar.
- In the “Saved Scans” section, right-click on the scan you want to delete.
- Select “Delete Scan” from the menu.
- Click on the “Yes” button to confirm the deletion.
- The scan will now be deleted from your saved scans list.
- Alternatively, you can also delete saved scans by clicking on the “Edit” button in the “Saved Scans” section and then selecting the “Delete” option from the drop-down menu.
Method | Steps |
---|---|
Right-click menu | Right-click on the scan -> Select “Delete Scan” -> Confirm deletion |
Edit menu | Click “Edit” -> Select “Delete” from the drop-down menu |
Using Scan Alerts
Scan alerts are a powerful tool that allows you to automate the process of monitoring your scans. You can create alerts for any scan, and they will be triggered when the scan results meet certain criteria. This can be a great way to stay on top of your trading opportunities and to avoid missing out on potential profits.
To create a scan alert, follow these steps:
Step | Action |
---|---|
1 | Open the Scan Alerts window by clicking on the “Alerts” tab in the Thinkorswim toolbar. |
2 | Click on the “New Alert” button. |
3 | Enter a name for the alert in the “Name” field. |
4 | Select the scan that you want to create an alert for from the “Scan” drop-down list. |
5 | Select the criteria that you want the alert to trigger on from the “Trigger” drop-down list. |
6 | Enter the value that you want the alert to trigger on in the “Value” field. |
7 | Select the action that you want the alert to perform when it is triggered from the “Action” drop-down list. |
8 | Click on the “Save” button to save the alert. |
Once you have created a scan alert, it will be listed in the Scan Alerts window. You can double-click on an alert to edit it, or you can right-click on an alert to delete it.
Thinkorswim How To Edit Saved Scans
To edit a saved scan in Thinkorswim, follow these steps:
- Click on the “Scans” tab in the top menu bar.
- Select the “Saved Scans” tab.
- Click on the scan you want to edit.
- Click on the “Edit” button.
- Make your changes to the scan.
- Click on the “Save” button.
People Also Ask About Thinkorswim How To Edit Saved Scans
How do I delete a saved scan in Thinkorswim?
To delete a saved scan in Thinkorswim, follow these steps:
- Click on the “Scans” tab in the top menu bar.
- Select the “Saved Scans” tab.
- Click on the scan you want to delete.
- Click on the “Delete” button.
How do I share a saved scan in Thinkorswim?
To share a saved scan in Thinkorswim, follow these steps:
- Click on the “Scans” tab in the top menu bar.
- Select the “Saved Scans” tab.
- Click on the scan you want to share.
- Click on the “Share” button.
- Select the method you want to use to share the scan.
How do I import a saved scan into Thinkorswim?
To import a saved scan into Thinkorswim, follow these steps:
- Click on the “Scans” tab in the top menu bar.
- Select the “Saved Scans” tab.
- Click on the “Import” button.
- Select the file you want to import.
- Click on the “Open” button.