Plotting a Trailing Stop Line | thinkScript Studies on thinkorswim | Ben Watson | 9-25-25

Plotting a Trailing Stop Line | thinkScript Studies on thinkorswim | Ben Watson | 9-25-25
Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D

In this class, we talk about a simple script to plot a trailing stop line on a chart based on dollar or percentage offsets, and we talk about changes that could be made. Illustrative examples are created using the thinkorswim Desktop paperMoney platform.
Have a market idea, but you just a find the tool to put it into action? Create your own custom indicator with thinkScript. Your education coach will build custom trading tools as you watch to help give you an understanding of creating and using scripts on the thinkorswim platform. Time to tinker with those technicals. 1023-3KVR

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled “Characteristics and Risks of Standardized Options” before considering any option transaction.

Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy.

Trailing Stop Line script: http://tos.mx/!L2ONnS6H

Hikkake: http://tos.mx/!jIH7UaZD

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