Cool things to do with
what we’ve got.
Crystal Balls &
Forecast the future and trade
with TOS from your iPhone?
No, you're not dreaming—Go on,
To learn about
all the latest
new TOS tools,
at thinkorswim.com, then
follow the path
patterns from historical price data, and
match the current day's price action to one
of the historical patterns. Think of it like this:
thinkAI looks at the current intraday price
chart, then looks at the universe of charts
with the same intraday time frame (1
minute, 5 minute, etc.) that have occurred in
the past. The past chart that comes closest
to the pattern of the current chart is used as
the forecast for the rest of the day. As the
current trading day passes and more infor-
mation becomes available, thinkAI keeps
looking for the past chart that comes clos-
est to matching the current day’s pattern.
thinkAI is available on intraday charts and
generates price estimates for the next 15
minutes to 2 hours into the future. It waits
until the first 5 minutes of data are collected
for the day, then begins with a 15-minute
projection. As the trading day passes and
more data is collected, thinkAI extends its
projection up to 2 hours.
the closest) to see
how much they
diverge. When there
are a lot of charts
that are very close to
the current chart, the
confidence bound is
that thinkAI sees the
projected price path
is more likely to hap-
pen. If there are
fewer close matches, the confidence interval
HOW TO thinkAI: For intraday price forecasts, go to the top Trade tab (1), select
“Active Trader” in the right drop-down (2), type in the symbol, and view the blue shaded
area in the chart ( 3) for a forecast of the next 15 minutes to 2 hours.
One of the most unique
things in the industry that TOS has added to
the trading platform is what we call thinkAI,
where “AI” stands for “artificial intelligence”.
The idea is that the tool “learns” as new
market data develops. It uses that new data
to try to make more accurate forecasts of
short-term market direction. You use thinkAI
to assist in short-term entry or exit deci-
sions for stocks or futures, as a tool to back
up other technical indicators, or on its own
as a speculative tool.
thinkAI uses proprietary pattern match-
ing algorithms and artificial intelligence
technology to project a possible intraday
price path for a stock or index. The model
attempts to identify predictable intraday
If you have an iPhone, go to the App store and
search for iSwim. iSwim, our new trading application designed specifically for the iPhone.
Get quotes, set and receive alerts, build and
view watch lists, check positions and P&L, create and send stock and complex option orders
from anywhere you can get a phone signal.
Using the native technology of the Apple
iPhone software, iSwim lets you change fields
by dragging your finger on the screen, tap the
screen to switch between functions, and has
an overall “cool” look and feel that will make
you the envy of the mobile trading set. It’s still
in its demo phase, but we’ll be making it live
soon and adding functionality quickly. So,
tune in and tap on.