What is the Relative Strength (RSI) indicator?
The Relative Strength Index (RSI) is a popular technical indicator used in the analysis of financial markets. Developed by J. Welles Wilder Jr. in 1978, the RSI is a momentum indicator that measures the strength of a security’s price action. It compares the magnitude of recent gains to recent losses in an attempt to determine……
How to create a thinkorswim (TOS) dollar gainer scan
If you’re just starting out, be sure to visit the thinkorswim Learning Center first. The video on that page describes how to get started with creating your first scan. I’ll keep this simple, and even provide the code for you! In this scan we will meet the following criteria. 1) The stock must have gained……
Stock Advisor
A Stock Advisor portfolio compared to S&P 500, NASDAQ, and Dow Jones, since inception (02/08/2022) Update 8/11/2023: API changes due to the Charles Schwab acquisition of TD Ameritrade have caused me to turn off my automations until further notice. The data below was accurate as of 8/11/2023. Stock Advisor 0.22% S&P 500 0.01% NASDAQ 0.01%……