How to Create a Dynamic Watchlist in ThinkorSwim

Learn to create and customize a dynamic watchlist within ThinkorSwim. Dynamic watchlists or scanners watchlists create a custom watchlist of companies to assist you in finding stock to trade on a daily basis. Dynamic watchlists are used to scan through the thousands of companies in the market and narrow it down to only those stock that meet our criteria. These filters can be based on simple things like stock price or volume. We can also create fundamental filters based on things like cash flow ratio, current ratio, or PE. If you’re a technical trader we can also create study or pattern filters. Creating a scan looking for macd crossovers or stocks that are oversold on the RSI. Once you get a bit of experience with the scan tab, you can search for practically anything. Once you create the scan you’ll need to save it and it will automatically populate in your personal list of watchlists. This watchlist will update itself every 3-4 minutes, only displaying those stock that match your criteria at that time.