SPXMoves Indicator for Think or Swim

Professional SPX Expected Move Visualization for ThinkorSwim

The SPXMoves indicator brings precision S&P 500 expected move tracking to your ThinkorSwim platform. This custom-built study provides clear visualization of both weekly and daily expected move boundaries directly on your charts, helping you make more informed trading decisions.

Key Features:

• Dual Timeframe Analysis: Simultaneously view weekly and daily expected move levels
• Easy-to-Update Parameters: Quickly adjust Friday close, daily close, and expected move values
• Multiple Deviation Levels: Track both 1.0 and 1.5 standard deviation boundaries
• Color-Coded Visualization: Distinct colors for weekly (yellow) and daily (blue) levels
• Clear Price Labels: All key levels display exact price values on your chart
• Futures-to-Cash Adjustment: Built-in spread adjustment capability

Perfect For:

• Options traders tracking weekly and daily expected move ranges
• SPX day traders requiring precise support/resistance levels
• Swing traders analyzing probable price movement ranges
• Index futures traders needing clear market context

How It Works:

Simply input your reference values (Friday SPX close, daily SPX close, expected move calculations, and any desired spread adjustment). The indicator instantly calculates and displays all relevant levels with clear, easy-to-read labels directly on your chart.

Installation:

1. Purchase this indicator to receive the study code
2. In ThinkorSwim, open the Studies menu
3. Select "Edit Studies" or "Create New Study"
4. Paste the provided code and save
5. Apply to any SPX chart

Elevate your S&P 500 trading with precise expected move boundaries that provide critical context for your entries, exits, and overall market analysis.

Note: This indicator is for use with TD Ameritrade's ThinkorSwim platform.