Chloe Adams
Thinkorswim is a trading platform owned by TD Ameritrade and is used for stock and option trading. The platform offers a wide range of features, including the ability to create custom candlestick patterns. While the platform does not support changing candle colours on mobile, users can change the colours of the bars or candlesticks on the desktop version. This can be done through the Appearance tab within the Chart Settings dialog. This article will provide a step-by-step guide on how to change candle colours on the Thinkorswim platform.
| Characteristics | Values |
|---|---|
| Can the candle color be changed on mobile? | No, but studies have the ability to change plot colors. |
| How to change the color of the bars or candlesticks | Go to Chart Settings, then the Appearance tab. Choose the bar type you want to adjust and adjust the colors. |
| How to change the color of the volume candles | Go to Settings, then Appearance, then Show volume color same as Candlestick color. |
| How to change the order of candles | Drag and drop the candles on the pattern chart. |
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What You'll Learn
Change candle colour on mobile
Unfortunately, it seems that the candle colours on the Thinkorswim mobile app cannot be changed. A user on a Thinkorswim subreddit has suggested that the best course of action is to submit feedback to the development team. This can be done by going to More > Help/Support > Feedback.
However, it is possible to change the colour of the volume bars on the mobile app. To do this, go to Settings > Appearance > Show volume colour same as Candlestick colour.
On the desktop version of Thinkorswim, it is possible to change the colour of the candlesticks. To do this, open Chart Settings by clicking on a chart and then clicking on the gear icon, or by using CTRL+S. Then, select the Appearance tab and choose the bar type you want to adjust from the Chart type pulldown menu. You can then adjust the colours of the individual components of the bars. For example, with candles, you can adjust the border colour for up and down candles separately.
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Change candle colour on desktop
If you want to change the colour of a candle on a desktop device, it depends on the specific application you are using.
ThinkOrSwim
For the ThinkOrSwim application, you can change the colour of the candlesticks by accessing the Chart Settings. This can be done by clicking on a chart and then clicking on the gear icon, or by using the CTRL+S keyboard shortcut. Once you are in the Chart Settings, select the Appearance tab. From the Chart type pull-down menu, choose the bar type you want to adjust. For example, you can select "Candle" and then adjust the colours for "Border up" and "Border down" options. Simply click on the colour swatch to the left of each option to adjust the colours to your preference.
ThinkOrSwim Candlestick Pattern Editor
Alternatively, you can use the Candlestick Pattern Editor, a ThinkOrSwim interface that allows you to create your own candlestick patterns. To do this, make sure the Charts tab is open, then click on "Patterns" in the upper right corner of the working area. From here, you can customise the display of the signals provided by the candlestick pattern by choosing a colour in the corresponding controls above the pattern chart.
Other Applications
For other applications or software, please provide additional details or context to enable a more tailored response.
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Change volume colour candlesticks
To change the colour of volume candlesticks on ThinkOrSwim, you must first open the Chart Settings by clicking on a chart and then clicking on the gear icon, or by using the CTRL+S keyboard shortcut. From the Chart Settings, select the 'Appearance' tab.
From the Chart type pulldown menu, choose the bar type you want to adjust. You can then adjust the colours of the bar components. For example, with candles, you can adjust the border colour for up and down candles separately. Click on the colour swatch to the left of each to adjust the colours.
You can also change the colour of volume bars. Use 'Colour as symbol ticks' to apply the same colour as your bar, line, or candle border. Alternatively, use 'Preset colour' to define a custom colour for volume bars.
If you want to return to the default colours, you can click the 'Reset to chart defaults' button at the bottom left of the dialog box.
It is worth noting that, according to a user on a ThinkOrSwim subreddit, it is not possible to change the candle colour on mobile. However, studies have the ability to change plot colours.
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Change candlestick patterns
Thinkorswim is an interface owned by TD Ameritrade that allows users to create their own candlestick patterns in addition to the extensive list of predefined ones. A candlestick pattern is a specific configuration of chart candles of certain shapes that are sometimes seen together on charts in a certain trend development scenario. The most well-known candlestick pattern is perhaps Doji—a pattern that only consists of one candle with equal open and close prices. This pattern is believed by many to indicate a soon trend reversal.
To change the candlestick patterns, make sure the Charts tab is open. Click Patterns in the upper right corner of the working area. Click Select patterns. Then, in the Candlestick Pattern Editor window, you can see a big grey candle with a comma icon inside of it. Click on this candle and choose Up candle from the menu. This will add the first Up candle. As the second candle is also an Up candle, repeat this step. If you change your mind about what the candle direction should be, click on the center point of that candle on the pattern chart or just use its drop-down in the Conditions area. Either action will prompt you to specify the candle direction. If you need to delete a candle, click on its center point and choose Delete or just click the corresponding row in the Conditions area.
Next, add two candles without a specified direction. Click on the grey candle and choose Mixed candles. By default, the editor will add five random candles. As we only need two, go to the Conditions area and change the Total to 2. Note that you can still specify how many Up, Down, and Doji candles you need in this random set in the same row of the Conditions area. Next, we will need a Down candle and a Doji candle. To do so, click on the grey candle again or use the icon in the Conditions area header. Now, specify the price relations between the candles. First, move your cursor over the first candle: you will see five points appear above it. The point in the middle can be used for modification of the candle direction, while the other four define price levels of open, high, low, and close. Drag the close price point to the close price point of the second candle.
Note that in addition to the mentioned price relations between candles, there are also Equal, Greater than or equal, Less than or equal, Not equal, and Near. Be sure to use these relations, should your pattern need one. You can also view the thinkScript code that corresponds to your pattern by moving to the thinkScript tab. Customize the display of the signals to be provided by the candlestick pattern: choose an icon and a color in the corresponding controls above the pattern chart.
If you'd like to change the colors of the candlesticks, you can do so using the Appearance tab within the Chart Settings dialog. 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. Just below the pull-down menu, you'll see the bar components whose colors you can adjust. For example, with candles, you can adjust the border of the color for up candles and down candles separately. Click on the color swatch to the left of each to adjust the colors. From there, you can click any of the available colors that appear, and if you'd like more choices, click the More option.
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Change bar or candlestick colours
To change the bar or candlestick colours in ThinkOrSwim, you must first open the Chart Settings. This can be done by clicking on a chart and then clicking on the gear icon, or simply by using the CTRL+S shortcut. Once you have opened the Chart Settings, select the Appearance tab.
From the Chart type pull-down menu, choose the bar type you want to adjust. You can select Candle, Bar, or any other available bar type. Below the pull-down menu, you will see the bar components whose colours can be adjusted. For example, with candles, you can adjust the border colours for up and down candles separately. Click on the colour swatch to the left of each to adjust the colours.
If you are using the ThinkOrSwim mobile app, you may not be able to change the colours of the bars or candlesticks. However, you can change the plot colours in studies. To do this, go to More > Help/Support > Feedback and submit your suggestion to the development team.
Additionally, ThinkOrSwim offers a Candlestick Pattern Editor that allows you to create your own candlestick patterns or choose from a list of predefined patterns. To access this feature, make sure the Charts tab is open and click on Patterns in the upper right corner of the working area. You can also customize the display of the signals provided by the candlestick pattern by choosing an icon and colour in the corresponding controls above the pattern chart.
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Frequently asked questions
Unfortunately, it is not possible to change candle colors on the mobile app. However, you can change plot colors in studies.
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. Choose Candle from the menu, then choose Border up and Border down to adjust the colors of up and down candles separately.
The Candlestick Pattern Editor is a Thinkorswim interface that allows you to create your own candlestick patterns. Make sure the Charts tab is open, then click Patterns in the upper right corner of the working area. Click Select patterns, then click on the big grey candle with the icon inside of it, and choose Up candle from the menu. Repeat this process for as many candles as you need, and specify the price relations between the candles.
Yes. Go to Settings, then Appearance, then Show volume color same as Candlestick color.
