The Power of Lagging Indicators In ThinkOrSwim


Staff member
Over half of all indicators on the forum are lagging indicators; which gives a clue of how important they are.
Let's talk about how to use them successfully.

~NO indicator can be used in isolation.​
~Can not be used for finding entry on their own.​
~Must be used as part of a basic sound strategy

Always Do This!:
All profitable traders: swingers, day traders and scalpers review lagging indicators, on the highest of their THREE timeframes.
ALWAYS, ALWAYS review your highest timeframe to get the BIG picture; regardless of what type of trader you are!
Once you rise above the noise of the lower aggregations, it is a simple law of physics:
An object in motion stays in motion in that direction unless acted upon by an unbalanced force.
Stack the deck in your favor. The 1st step of any profitable strategy starts with reviewing your long-term timeframe to determine trend or possible reversals. Then review news events to see what is on the horizon that might affect that direction.
Last edited:

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
218 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.