Chloe Adams
Thinkorswim® is a trading platform owned by TD Ameritrade, which has been recently acquired by Charles Schwab. Users can customize their charts and candlesticks in various ways, including adding space between candlesticks or after the last candlestick. This can be done by adjusting the Y-axis, changing the time frame, or playing with the expansion area settings. Additionally, users can customize the appearance of their charts by changing the colour schemes, line widths, and wick visibility.
| Characteristics | Values |
|---|---|
| Suggested solutions | Click and drag the numbers on the y-axis up and down to adjust the spacing between candles |
| Click the sideways S icon and uncheck "Fit Studies" | |
| Click "Fit high/low" | |
| Change the time frame to adjust the number of candles displayed | |
| Change the colour/fill of the candle | |
| Use bars instead of candles | |
| Expand the candlesticks into a closer view by clicking and dragging on the price bar on the y-axis | |
| Play around with the "Expansion area" settings to keep your candles in the centre | |
| Change the line width to adjust the thickness of the outline |
Explore related products
What You'll Learn
Click and drag the Y-axis numbers up and down
To add space next to candles in Thinkorswim, you can try clicking and dragging the Y-axis numbers up and down. This method allows you to adjust the spacing between the candlesticks by modifying the distance between the numbers on the Y-axis.
- Locate the Y-axis on your Thinkorswim chart. This is usually the left side of the chart, where the price values are displayed.
- Click on one of the numbers on the Y-axis. You will see that your cursor changes into a hand or arrow shape, indicating that you can now drag the number.
- Drag the number up or down to increase or decrease the space between the candlesticks. By adjusting the position of the number, you are essentially scaling the Y-axis, which affects the spacing of the candlesticks.
- Play around with different numbers on the Y-axis to find the spacing that works best for you. You can also try adjusting the ""Expansion area" settings, as mentioned by another Thinkorswim user, to keep your candles centered.
It is worth noting that this method may not provide a permanent solution, as some users have reported that their charts revert to the previous settings after some time. However, it is still a useful technique to quickly adjust the spacing between candlesticks for better visibility.
Additionally, there are other methods to adjust the spacing indirectly. One suggestion is to use bars instead of candles, as they provide the same data with a different visual representation. Changing the colour or fill of the candles can also improve visibility without directly altering the spacing.
Wasted Wishes: 16 Candles and Lost Dreams
You may want to see also
Explore related products
Change to bars instead of candles
If you want to change to bars instead of candles on Thinkorswim, you can do so by changing the chart type in the Appearance tab within the Chart Settings dialog. Firstly, open Chart Settings by clicking on a chart, then clicking on the gear icon, or using CTRL+S. Select the Appearance tab. From the Chart type pull-down menu, choose the bar type you want to adjust.
You can also adjust the spacing of your candlesticks by clicking on the price bar on the 'Y' axis of the chart and dragging to expand the candlesticks into a closer view. You can then scale in by clicking back on the chart to drag to a closer view, which will scale the selected viewpoint to a smaller area.
Another way to adjust the spacing is to click and drag the numbers on the Y-axis up and down. You can adjust how far apart they are in this way. You can also right-click the large candle and select 'Correct this bar', which will allow you to remove it or change the high point.
If your chart looks compressed, this may be because you are fitting high and low. To fix this, click the cog (gear wrench) and go to "Price axis". After hitting that, make sure auto-scale is on and uncheck "Fit high/low". You can then play around with your settings and the "Expansion area" to find what works best for you.
Simulating Realistic Candle Flicker in C
You may want to see also
Explore related products
Adjust chart properties
To adjust the chart properties in Thinkorswim, you can make use of the various customisation options available. Firstly, you can adjust the time frame of your chart by clicking on the "Time Frame" button above the chart and specifying your desired time interval. This can help create more space on the chart by reducing the number of candles displayed.
Another way to adjust the chart properties is by customising the appearance settings. You can change the colour schemes, line widths, and wick visibility of the candles. Additionally, you can adjust the row height and volume settings to create more space between the candles.
If you want to add space specifically after the last candle, one user suggested adjusting the "Edit Chart Properties" by going to "Colour/Grid" and then "Date Margin". This should allow you to create more space after the last candle.
You can also adjust the price axis by clicking on the cog or gear wrench icon and selecting "Price Axis". Ensure that auto-scale is turned on and uncheck "Fit High/Low". You can then play around with the expansion area settings to adjust the spacing of the candles.
Finally, you can also adjust the spacing by clicking and dragging the numbers on the Y-axis up and down. This will allow you to adjust how far apart the candles are on the chart.
Beeswax Candles: Natural, Organic, and Healthy?
You may want to see also
Explore related products
Play with expansion area settings
To add space next to candles in Thinkorswim, you can try a few different methods. Firstly, you can click on the price bar on the 'Y' axis of the chart and drag it to expand the candlesticks. This will give you a closer view, and you can then scale in further.
Another method is to right-click on the large candle and select "Correct this bar". You can then change the high point or remove it. Additionally, you can click and drag the numbers on the Y-axis up and down to adjust the spacing.
You can also play with the expansion area settings to add space around your candles. Here are the steps to do so:
- Click on the cog/gear icon on your chart.
- Go to "Price axis".
- Ensure that auto-scale is turned on.
- Uncheck "Fit high/low".
- Look for the "Expansion area" settings on the right side.
- Adjust the expansion area settings to your preference. The user who suggested this method uses 20% up and down, but your preference may vary depending on your monitor settings.
- Experiment with these settings until you find what works best for you.
Note that if you save your chart styles, these settings will be saved and can be reloaded for future charts.
Additionally, you can try changing your chart type from candles to bars, which provides the same data with a different look that may be easier to interpret. You can also change the colour or fill of the candles to improve visibility.
Finally, you can adjust the time frame of your chart to change the amount of data displayed, which can help create more space.
Preventing Holes in Candles: A Simple Guide
You may want to see also
Explore related products
Hide default candles with HidePricePlot()
To hide the default candles in Thinkorswim, you can use the HidePricePlot() function. This function allows you to hide the price plot for the current symbol if the Boolean condition value is set to "yes". Here's how you can do it:
First, access your chart settings by pressing Ctrl + S on your keyboard. In the chart settings menu, you can make adjustments to hide the default candles.
One method is to uncheck the "Show Price Subgraph" option. This will remove the main subgraph from the chart. However, note that this option only works if you have another subgraph displayed on your chart.
Another method is to adjust the colours in your chart settings. Change the colours of your candles to match your background colour. This will effectively hide the default candles while keeping your studies visible.
Additionally, you can try creating two separate charts with slightly different settings. On one chart, use candles, and on the other, use lines with the same colour as your background. By switching between the two charts, you can quickly see the difference and choose the view that suits your needs.
If you prefer a more technical approach, you can utilise the HidePricePlot() function in conjunction with other ThinkScript functions. For example, you can use HighestAll, BarNumber, HasEarnings, GetValue, and AddChart functions to calculate offsets and plot new charts with customised candle data.
Remember that hiding the default candles can provide a cleaner view of your studies and indicators. Experiment with the various methods mentioned above to find the one that best suits your Thinkorswim setup and personal preferences.
Sun Candle: Natural Light for Your Home
You may want to see also
Frequently asked questions
To add space between candlesticks, you can click and drag the numbers on the Y-axis up and down to adjust how far apart they are. You can also try changing to bars instead of candles, as bars provide the same data with a different look.
To add space after the last candlestick, you can try unchecking "Fit Studies" in the settings. You can also try adjusting the "Expansion area" settings to keep your candlesticks centered.
You can add space between candlesticks programmatically by using code provided by Robert Payne on his blog. The code involves hiding the default candles using HidePricePlot() and then specifying the number of bars you want between candles.
