How To Add Dollar Volume ($Vol) on TD Ameritrade ThinkOrSwim (TOS)

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👇 Timestamps (Like & subscribe!)

0:00 Why Use TOS $Vol
2:35 How To Add $Vol To TOS
5:52 Import TOS Share Link
6:45 Final Thoughts

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The reason I like $vol is that it allows me to quickly see how much $ is being traded that day. In the past, I would use vol but when you trade stocks in many price categories it is easier/faster for the eye to identify what’s trading the most that day.

How To Add

1. Go to any table and click the gear icon. There will usually be 2 options (1. Customize… 2. No Sorting)
2. Click Customize
3. Go to the “Available Items” list and search for “Custom”
4. Add A Custom field to your current set
5. Find the new custom field in your current set and click edit formula
6. Click on “thinkScript Editor” and add formula below
7. Give custom column name at the top
8. Make sure the time Variable is set to “D” for Day (this is found directly to the right of the custom name field) and “FX Price Type” is “Last”

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Formula (old) = tos.mx/EpqSl63 (import link)
plot DollarVolume = Round("number" = (hl2 * volume / 1000000), "numberOfDigits" = 1);

Formula (updated)
plot DollarVolume = Round(vwap * volume) / 1000000), "numberOfDigits" = 1);

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P.S. Thanks to my friend Mike who I met at the T&I Summit in Florida this year who informed me about this metric and showed me how to add it to my TOS account.

Mikes' Twitter: twitter.com/DailyStockFix

Title: How To Add Dollar Volume ($Vol) on TD Ameritrade ThinkOrSwim (TOS)
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By Alex Winkler

Co-Founder of Enzlo Inc. I was a Stock Day Trader in NYC before fully focusing on the company and moving to Florida. As Crypto become a bigger part of our company in terms of payouts, I applied my equity trading strategies to the Crypto market and was able to consistently growing our Crypto Fund. Now, I'm back to full-time trading stocks and crypto. This time documenting everything online via TradeJournal and YouTube to refine my strategy and help others become consistently profitable traders.

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