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Tips to Improve ThinkorSwim Speed and Efficiency
Jul 21, 2024
Tips to Improve ThinkorSwim Speed and Efficiency
Introduction
Presenter: Matt from the Trade Brigade
Purpose: Offer tips and tricks to enhance ThinkorSwim's speed and efficiency
Tip #1: Adjust Memory Allocation
How to Adjust Memory
Click on the gear icon on the lower-left corner of the login screen
Navigate to 'Memory Usage'
Adjust memory allocation based on your RAM
For 32 GB RAM: Low end at 1024 MB, high end at 6144 MB
Consider increasing memory if running multiple screens of ThinkorSwim
Benefits:
Reduces lag
Ensures smooth operation of background tasks
Tip #2: Set Quote Speed to Real-Time
Default Setting:
Moderate (3-second delay)
How to Change to Real-Time
Navigate to gear icon and 'Setup'
Go to 'Application Settings'
Go to 'System' in the left-hand sidebar
Change 'Quote Speed' to Real-Time
Importance:
Real-time data is crucial for day traders and intraday traders
Tip #3: Use Active Trader in Its Own Window
Why Use Active Trader in Its Own Window?
More efficient for trading stocks & ETFs
Reduces strain on single panes doing multiple tasks (Chart, Active Trader, Level 2)
How to Set Up
Open a separate window for Active Trader
For options trading, paste the options code into a separate window for correlation
Bonus Tip: Monitor and Maintain Free Memory
How to Monitor Free Memory
Navigate to 'Help' tab
Go to 'System'
Check 'Free Memory'
Actions if Low Free Memory
Click 'Collect Garbage' if free memory is less than 500,000
If problem persists, log out and restart the platform
Benefits:
Helps recover free memory to around 800,000
Prevents lag and improves overall performance
Conclusion
Encouragement to like the video or comment if tips were helpful
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Full transcript