ThinkScript uses a simple programming language that traders can learn on their own. And ThinkScripthas become easy and accessible to everyone, not just computer geeks. This was fine for good performance, but was not comfortable for simpler ideas that are more often needed by the mass user, such as “subtract the 10-day moving average from the 30-day moving average.” Even now, though, download Thinkorswim programmers continue to write tools for users and expand the already extensive solution book.īut to enable traders to develop their own tools by creating custom chart data created ThinkScript.
A rather complex programming language for the platform was used. In the beginning, the development team wrote all these tools individually for traders.
Back in the early days of the Thinkorswim platform, there was a need for an ever-growing catalogue of technical studies (indicators, scanners, charts) and strategy tests for traders’ charts and each with its own preferred formats and input data.