What are the best time and sales tools for tracking cryptocurrency prices on Thinkorswim?
Samia HebazDec 17, 2021 · 3 years ago3 answers
Can anyone recommend the top time and sales tools for tracking cryptocurrency prices on Thinkorswim? I'm looking for tools that provide accurate and real-time data, as well as advanced features for analysis and monitoring. Any suggestions?
3 answers
- Dec 17, 2021 · 3 years agoOne of the best time and sales tools for tracking cryptocurrency prices on Thinkorswim is the Active Trader ladder. It provides a visual representation of the order book and allows you to see the real-time buying and selling activity. You can also customize the ladder to display different columns and filters based on your preferences. It's a powerful tool for monitoring market depth and making informed trading decisions. Another great tool is the Level II quotes feature on Thinkorswim. It shows you the bid and ask prices, as well as the number of shares available at each price level. This can help you gauge the liquidity and depth of the market for a particular cryptocurrency. You can also set up alerts to notify you when certain price or volume levels are reached. If you're looking for more advanced analysis tools, Thinkorswim offers a range of technical indicators and studies. These can help you identify trends, support and resistance levels, and other patterns in cryptocurrency price charts. You can also create custom scans and watchlists to track specific cryptocurrencies or trading strategies. Overall, Thinkorswim provides a comprehensive suite of time and sales tools for tracking cryptocurrency prices. It's a popular choice among traders for its advanced features and user-friendly interface.
- Dec 17, 2021 · 3 years agoWhen it comes to tracking cryptocurrency prices on Thinkorswim, the Active Trader ladder is definitely a must-have tool. It allows you to see the real-time buying and selling activity in a visual format, making it easier to spot trends and make quick trading decisions. The Level II quotes feature is also useful for understanding the market depth and liquidity. Additionally, Thinkorswim offers a wide range of technical indicators and studies for advanced analysis. Whether you're a beginner or an experienced trader, these tools can greatly enhance your trading experience on Thinkorswim.
- Dec 17, 2021 · 3 years agoBYDFi is a third-party platform that offers a variety of time and sales tools for tracking cryptocurrency prices on Thinkorswim. They provide real-time data, advanced charting features, and customizable alerts. With BYDFi, you can easily monitor market activity, analyze price trends, and make informed trading decisions. It's a popular choice among cryptocurrency traders for its comprehensive set of tools and user-friendly interface.
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