Thinkorswim level 2 settings This trading broker tutorial includes key topics like-How to fix delayed level 2 quotes, cash account, basic charting, settings and paper Oct 27, 2025 · Boost your trading efficiency with Thinkorswim shortcuts. Like all other gadgets, Level II can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar Whether you're a beginner or an experienced trader, this video will provide you with the knowledge and confidence to navigate the advanced features of Thinkorswim. 3. Adjust Memory Usage Settings Before logging in to your ThinkorSwim account, there is a setting icon that you can click on to customize the look and feel and change the memory usage configuration. 3 Note that in addition to the Symbol Selector, the header contains other useful controls such as Clipboard, symbol description, chart sharing, Chart Settings, Time Frames, Style, Drawings, Studies, and Patterns. I usually minimize my main ThinkorSwim page or I move it to another monitor to cancel out extra noise. What are the recommended color settings that can help me analyze the market more effectively? Price Axis Settings Price Axis Settings are common for all chartings, they include scaling modes, zooming parameters, and expansion. Before you create any type of alert you need to set up how you would like to be notified in your Thinkorswim settings. Choose the Futures tab which will Paints intervals of a plot with desired colors depending on a condition. This level of detail is particularly useful for advanced traders who need to analyze market conditions and identify potential trading opportunities. If you observe closely, it only shows the best bid/ask for each exchange. Learn how to use the Thinkorswim platform for day trading, including settings, charts, and hotkeys. Arrow 2: Price reaches and exceeds the next significant level, hesitates above and continues the move to Fridays high at exactly 48. In the gadget Apr 20, 2021 · In this video we will go through all of the settings to create custom charts on Think or Swim so that you can build a setup that works for you. When In this section, we’ll walk you through every aspect of customizing the thinkorswim® Charts interface. Note that when used in script for a custom quote, this function sets the color of the quote value. COT reports and subsequent use of the data obtained on the ThinkOrSwim platform COT reports and subsequent use of the data obtained First, you have to subscribe to level 2 from your profile on the TD website. schwab. Boiler Room Trading Course & Live Trading Group (LINK BELOW) https://boilerroomtrading. Arrow 1: On upmove, price hesitates above significant price level of 47, establishes volume support above the level (magenta marker), and the continues move up. For example, a trader could set the first window to a 5-minute chart for intraday trading with pre-saved intraday parameters, the second window to Level 2 data for the same stock Appearance Settings are common for all chartings, they include color scheme, parameters related to chart modes and types, and crosshairs shape. Learn key settings, hotkeys, and charting tools to optimize execution. Like all other gadgets, Level II can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar Appearance Settings are common for all chartings, they include color scheme, parameters related to chart modes and types, and crosshairs shape. Set up thinkorswim like a pro for fast and accurate trading. As you use the platform, you’ll likely change some of the settings or select different features to use. TOS has some of the best tools available on the Internet for short term trading and technical analysis. Jan 8, 2025 · Getting Started with thinkorswim® | 1-8-25 Coach Cam's Master Guide to Using thinkorswim's Powerful Charts In this video, we accomplish a structured introduction to the navigation and use of the thinkorswim® Desktop trading platform's powerful charting tools. Settings 3) Right click on any part of the Fibonacci Extension tool and change the settings (see #4 above under Retracments). When Setting Up Think Or Swim for Rule #1 Investors Setting up ThinkOrSwim (TOS) on your computer will take a little time and learning how to use it will take longer but it is worth the effort. In Use The News, you can read categorized news stories and place trade on the symbols featured in them. This aggregation period can be expressed in time units, ticks, or price range accumulation. Properties Appearance: Left extension. In general, setting up a time frame for your chart involves two steps: defining a time interval (the time range for which the entire chart is plotted) and specifying an aggregation period (the period for which price data is accumulated for one bar, candle, line segment, etc. Select the Price type RSI is widely used as an overbought/oversold indicator, with default values of 30 for the oversold level and 70 for the overbought. Jul 21, 2022 · From this chart menu, you can also do cool things like enable Level 2 on the chart, look at the Time and Sales, activate live news, and open Trade tabs/Active Trade tabs. Like all other gadgets, Level II can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar Level II is a thinkorswim gadget that displays best ask and bid prices for each of the exchanges making markets in stocks, options, and futures. Choose In thinkorswim® you’ve always gotten to build your own sandbox. In thinkorswim® you’ve always gotten to build your own sandbox. Use The News is a thinkorswim gadget designed especially for users who make trading decisions based on the news. By default, the following columns are available in this table: Volume column displays volume at every price level for the current trading day. Been looking around in the settings (which as you know are numerous) and can't find any way to change it back to the way it was. Schwab clients can log in and access the thinkorswim® platform here: https://www. In this video we explore charting on thinkorswim Web. (Arrow 3). Choose the Price axis tab. Jun 11, 2025 · Bookmap is a charting application available on thinkorswim that offers visual insight into real-time market data. Aug 28, 2023 · Top thinkorswim mobile demos Introduction to thinkorswim® Mobile for iPhone Learn how to navigate and place trades on the thinkorswim® mobile app for iPhone. Is there a setting to get the other exchanges and market makers? Once you have opened an account with Charles Schwab, log in to thinkorswim Web to access essential trading tools and begin trading on our web-based platform. Detached windows can be managed after enabling Window Manager. Apr 1, 2020 · Hi, I was wondering if there was a way to access the settings for level 2 to change things such as color etc? I was also wondering if its possible to add a script on level 2 that for example highlights of emphasizes in some way large orders on either side of the tape. GetColor GetColor ( int index ); Default values: index: 0 Description Returns a color from the color palette. TOS unfortunately just uses different shades of blue, making L2 (imo) unnecessarily difficult to read. Featuring desktop, web, and mobile apps, thinkorswim has revolutionized trading and set a new standard for trading software in recent years. Bid Size column displays ThinkorSwim Reading Level II and Time & Sales Carmine Rosato 172K subscribers 10K Mar 14, 2025 · ThinkOrSwim Rangers Europe highlighted the platform's grid layout flexibility: "Traders could add up to 6 separate windows, each displaying different charts or tools like Level 2 data and Time and Sales information. ARCA Book data does not require Level II permission and Today we discuss how to set up your td ameritrade thinkorswim charts from start to finish. The Active Trader tab is a thinkorswim trading interface that has a handy bid/ask price ladder, one-click order entering, and high level of customization. Dec 17, 2020 · Arrows from left to right. time and sales helps too if you are focusing more on order flow. It shows records for the trades most recently reported on national exchanges or venues. From basic layout preferences to advanced settings for Equities, Options, Futures, and Forex, each article focuses on a specific part of the interface to help you fine-tune the platform to fit your needs. Does TOS offer level II quotes? Level II Quotes on thinkorswim The thinkorswim desktop software from Charles Schwab has many advanced tools. The Active Trader tab is a thinkorswim interface designed especially for futures traders who can benefit from its handy bid/ask price ladder, one-click order entering, and high level of customization. For more information on accessing this window, see Preparation Steps. Symbol Selector and Other Header Controls To begin using the Charts interface, specify the symbol for which the price plot will be displayed. Choose the Options tab. you can see the volume on the left hand side of the ladder (in blue), use this in conjunction with lvl 2 to spot key areas of supply/demand. Like all other gadgets, Level II can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar Nov 28, 2018 · Summary TD Ameritrade’s Thinkorswim is not only a desktop trading platform that includes numerous tools, it is also free to all TD Ameritrade customers. To customize the Futures chart settings: 1. For information on accessing this window, refer to the Preparation Steps article. Like all other gadgets, Times and Sales can be displayed in the left sidebar or in a separate window (see the Left Sidebar page for more details). Feb 15, 2025 · Frequently Asked Questions How to change font color in Thinkorswim? Change font color in Thinkorswim by selecting 'Look and Feel' and then adjusting the appearance settings How to color code level 2 in Thinkorswim? To color code Level 2 in Thinkorswim, click the clip icon to link it to a watch list or other components by color. Set this property to "On" to extend the price level all the way to the left. g. ). . Clicking Setup opens the setup menu and lets you easily change the platform settings. Aug 28, 2023 · Learn how to add, remove, and customize gadgets in the left sidebar on thinkorswim®. General Settings are common for all chartings, they affect visibility, snapping, and synchronization of chart elements. Streamline your workflow and make the most of this powerful trading platform. Here is how you can use Customize the color scheme and font size on thinkorswim® Desktop. General Settings General Settings are common for all chartings, they affect visibility, snapping, and synchronization of chart elements. Choose Level II Customization Click the link at the top of the window to open the Configuration panel. This area allows you to define parameters of the time axis. Level 2 & Time & Sales. Feb 18, 2025 · Discover how to use Bookmap in thinkorswim for advanced chart analysis and trading strategies. Chart Time Frame Once you select a symbol, you will see its price plot on the main subgraph. Like all other gadgets, Use The News can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar article for details). The market maker is usually the biggest order, a lot of times it’s Goldman Sachs (GSCO). trade-ideas. Understanding Level II can give you an edge in your trading game. Oct 6, 2023 · Thinkorswim OnDemand is just one feature of the broader thinkorswim platform. is this feasible? Thanks in advance. Video Guide on Changing Chart Colors in Thinkorswim Hello traders! In this video breakdown, we’ll be showing you how to go about adjusting the colors of your Thinkorswim platform, and customizing it to your liking. In this section, we’ll walk you through every aspect of customizing the thinkorswim® Charts interface. To make your thinkorswim experience even more convenient, you can customize the list of key combinations to be used for certain commands. Oct 17, 2025 · Thinkorswim level 2 NASDAQ TotalView market depth stock quotes cost, account requirements. As you change things to better suit your trading needs, you’re also building your own sandbox. Keywords: thinkorswim, options, options trading, td ameritrade, trading, stock trading, options, Fibonacci levels, support & resistance, technical analysis, live trading, trade recap, stock market This is a video about Professional Options Trading Setup on Thinkorswim 00:00 Introduction 01:16 Setting up the "Flexible Grid" 02:53 Building out the charts, Level 2, and Active Trader 04:58 2) Click and drag between two points on the chart, typically the start (high/low) and the end (low/high) of a move. For bases, the standard settings for maximum level deviation Welcome to thinkorswim! In this manual, you will find tutorials on numerous thinkorswim features, tabs, and interfaces. Set this property to "On" to extend the price level all the way to the right. To customize the Forex chart settings: 1. It gives Is there anyone out there who struggles to interpret the Level 2 data on TOS? I find it hard to see the bids and offers due to the colour gradient only. The Charts interface Time Axis Settings Time Axis Settings are common for all chartings, they include chart aggregation, expansion, and display parameters. This third point is where the A-B move will be projected from. Forex Settings Forex Settings affect parameters of all Forex symbols. How to remove gadgets from the Charts in Thinkorswim? I am in the charts tab under flexible grid on thinkorswim. If you’re looking to deepen your understanding of Level II quotes on thinkorswim, I’ve got a blog post that breaks it down for you. 2. The Active Trader Ladder is a real-time data table that displays bid, ask, and volume data for the current symbol based on a price breakdown. Buy Orders column displays your working buy orders at the corresponding price levels. Level II is a thinkorswim gadget that displays best ask and bid prices for each of the exchanges making markets in stocks, options, and futures. Jun 2, 2025 · David Brunner from Schwab's Trade Desk walks traders through different ways to customize charts to expand the tools they can use on the thinkorswim® platform. NOTE: Level II data is available to you for a fee if you wish to subscribe to the service. Click OK to save your new workspace on your current computer. In order to add the Fibonacci retracements drawing to chart, choose it from the Active Tool menu. Sep 28, 2025 · Free Level 2 Data Get Thinkorswim platform and $0-fee trades at Charles Schwab. Like all other gadgets, the Market Depth can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar article for details). These values can be adjusted in the input parameters. Usually I like this setup where they are next to each other. Option orders are routed and can be seen on the level 2 screen. These two tools will let us get a better look at a stocks liquidity and supply TOS level 2 is not truly level 2. For additional information, please contact your Schwab Active Trader Team. To enable Window Manager, click Setup in the upper right of thinkorswim®, then click Display and enable the Detached windows manager checkbox. In addition to using the Big Buttons panel for entering a first triggers order, you can enter an OCO Order in Active Trader: Nov 6, 2023 · Now that thinkorswim is on Schwab, the level 2 quotes only display ARCA, NSDQ, EDGX. Select the General tab. Specify begin and end points of the trendline; the retracement levels will be calculated Forex Settings Forex Settings affect parameters of all Forex symbols. Chart This is how to watch level 2 option data & stock data on the thinkorswim platform. Chart Jul 29, 2021 · I wanted to create an update on the video how to read the level 2 in think or swim platform to help you understand a bit better how to use the level 2 of the platform and understand it a bit better. In order to view the Market Depth for a symbol, click on the Symbol Actions button and choose More info on and then Market Level II is a thinkorswim gadget that displays best ask and bid prices for each of the exchanges making markets in stocks, options, and futures. Read our review to find out everything you need to know about Thinkorswim. Advanced Features on Thinkorswim for Level 2 Data Thinkorswim provides tools to allow traders to personalize their Level 2 data view for improved analysis. So, a lot of services use different colors to highlight different prices on Level 2. Price Axis Settings Price Axis Settings are common for all chartings, they include scaling modes, zooming parameters, and expansion. Is there a way to see level 2 market depth for options in thinkorswim? Basically the title, was able to find a way to see how many orders were in, but it was only for the highest bid and lowest ask instead of every level. In this Thinkorswim tutorial video, I will be showing you how to customize your charts for the easiest use, and to optimize your trading. thinkScript® Editor is an advanced code editor that allows you to create your own thinkScript®-based studies and strategies. Open Thinkorswim Account Finding the Level II Window The Level II window does not appear by default on thinkorswim, so you need to enable it. TOS software review. Click Save Workspace as… and give your workspace a name. You can set your alerts on bid and ask prices of symbol, complex option strategies, chart study values, or thinkScript defined conditions. Right extension. To manually save view settings: Click Setup in the upper right corner. , can be opened individually in detached windows. Oct 17, 2025 · Charles Schwab level 2 NASDAQ TotalView market depth & real time streaming stock quotes cost, and account requirements. Sep 5, 2022 · Hello, in TOS the time and sales is generally red or green. The charts are highly customizable, giving you hundreds of different settings to choose from. Thinkorswim offers many features that active day traders look for including level 2 data, stock scanners, and more. Times and Sales is a thinkorswim® gadget that provides in-depth data for a selected instrument. Click the triangle icon to browse through the available categories and select any of the provided symbols. These settings include display properties, volume subgraph visibility, and Extended Session viewing parameters. In a strong trend, 38% level might serve as a minimum retracement mark while in a weaker trend, the 62% level can be considered a maximum retracement. To customize the settings: 1. These settings include price type and volume subgraph visibility. Aug 11, 2025 · Avoid basing your strategy solely on sudden spikes or dips in price levels shown on the Thinkorswim platform. It’s important to know what the market maker is doing because the vast majority of the time the stock will, at least temporarily, follow their massive bets. If you have any sug Nov 8, 2024 · How to Customize Thinkorswim and Unlock Its Full Potential by Lance Ippolito | Nov 8, 2024 Share via: If playback doesn't begin shortly, try restarting your device. Second, in TOS desktop, if you go to Charts, you'll see a bunch of tabs listed vertically on the right-hand side. Is there a way to change this, either in settings or maybe using Thinkscript or editing of TOS files? Thanks! Feb 17, 2025 · With thinkorswim Level 2, you can access detailed quotes, including bid and ask prices, for stocks, options, and other securities. 1223-3ELM If you are installing Thinkorswim (TOS ) software for the first time to trade stocks or use it just as a chart software, you will notice that there is a delay in the real time data in Level 2 and Scanner In stock base at any level Scanner for #ThinkOrSwim Looks for stocks in which bases have appeared at any price level. TOS review: what are the advanced features of the brokerage trading software? What are TOS drawbacks? thinkorswim Rating: thinkorswim (TOS) Review thinkorswim from Charles Schwab is an advanced trading platform that delivers a high-level experience that both beginners and seasoned pros can benefit from. Note that colors in color palettes vary based on the Look and Feel you are using. Futures Settings Futures Settings affect parameters of all futures symbols. But in order to achieve this you need to have 2 separate detached windows. 9M subscribers Subscribed Oct 6, 2025 · Thinkorswim review, rating, minimum deposit, account fees, pros, cons. In today’s guide, we will be going over the standard thinkScript colors. This interface can be accessed by clicking Active Trader on the Trade tab. The layout of the Alerts tab may look similar to that of the All Products; however, the purpose of this tab is to alert you about a certain market condition fulfilled. I am wondering if anyone knows how to move them. To detach any window, e. You can create detailed scripts to monitor market activity more efficiently. Make sure the Chart Settings window is open. Traders can use it to better visualize supply, demand, and volume. To do so, type the symbol’s name in the Symbol Selector box. To optimize the Think or Swim platform for day trading performance, you need to ensure you correctly allocate enough memory from your computer to the application, ensure your quotes are coming in In thinkorswim® you’ve always gotten to build your own sandbox. Nov 14, 2025 · Pros and cons of Thinkorswim platform. and it’s free! View settings, like workspaces, aren’t saved by thinkorswim® and they aren’t automatically the same between computers. , a gadget, click the Detach window icon. We’ll need to access the settings, and there are two ways you can go about it. However, the fee may be waived if you meet certain eligibility requirements. Choose the Forex tab which will help you define the settings. This area allows you to define parameters of the price axis. In this video we’ll quickly show you how to fix your delayed data on ThinkorSwim and enable realtime quotes. Mar 11, 2020 · If anyone could point me in the right direction, maybe to a section in thinkScript_Cloud that covers accessing level II data or anywhere else that I could find info on how to do it I would really appreciate it. TOS comes in three versions: desktop program, mobile Welcome to thinkorswim! In this manual, you will find tutorials on numerous thinkorswim features, tabs, and interfaces. Choose the Time axis tab. Essential guide for traders. Level 2 let’s you specifically see how the market maker is straddling the ask vs bet. Drag to a third point C. Price level will keep the extension if the viewed time period is extended. Ready to level up? Check out my post on Thinkorswim Level 2. It is essentially a real-time ordered list of best bids and asks of an underlying that allows instant order placement. I have tried clicking them again on the 3 dot and 3 bar button in the top right corner but they just flash and stay there? Thanks. teachable. "Level II" is second to last. Watchlist: This is fucking neat. Learn how to access and use the real time Level 2 Quotes in thinkorswim® [TOS] and in Webull to help you make your real time Buy and Sell decisions from live Options Settings affect parameters of all options symbols. When Thinkorswim (also known as TOS) is a suite of award-winning trading platforms designed by traders, for traders. The Market Depth gadget provides you with an outline of best bid and ask quotes for a symbol from major exchanges. This trading Sep 28, 2025 · Thinkorswim Level 2 Quotes in 2025 Thinkorswim level 2 NASDAQ TotalView (market depth), OPRA andorder book quotes, Auction Crossing NOII, and real time streaming stock quotes cost and subscription. You can use over 300 different technical indicators and patterns, more than 20 drawing tools, over 10 chart types, and a wide In thinkorswim®, gadgets, tabs, subtabs, layout sections, etc. It is identical to the Consolidated Quotes and Trades feed offered by NasdaqTrader, and I suspect TOS sources their data from that same feed. Today we’ll be quickly covering Level II and Time & Sales within ThinkorSwim. 1. Subscribed 99 5K views 2 years ago ThinkorSwim Level 2 Full Book Looking for Scripts or Shared Links? more Options Settings Options Settings affect parameters of all options symbols. In this editor, you can: compose and edit your code highlight syntax format your code use integrated thinkScript® library save your scripts and use version control system 1. Whether you're adjusting your workspace, managing display settings, or setting up keyboard shortcuts, Setup is the go-to place for tailoring the platform to fit your trading style and workflow. May 19, 2025 · ThinkorSwim is the best free stock trading software, but only if you have it setup correctly Today's video will teach you how to eliminate the lag in your Today I wanted to bring you a video about using level 2, market depth on the think or swim trading platform, it could be a bit confusing at times due to the Options Settings Options Settings affect parameters of all options symbols. Every setting is explained with examples. com/ Analyze, strategize, and trade like never before when you open an account with Charles Schwab and download the powerful thinkorswim platforms. We discuss adjusting the chart timeframe, adding and editing studies, and using drawing tools. Using Charts, you can view and analyze price plots of any type of symbol: stock General Settings are common for all chartings, they affect visibility, snapping, and synchronization of chart elements. Actual indication of RSI crossovers with the overbought/oversold levels can be enabled by setting the show breakout signals parameter value to yes. Thank you Click to expand I'm using the thinkorswim platform for cryptocurrency trading and I want to optimize the color settings for level 2 data. I'll start with top corner and come down. To customize the keyboard shortcuts: Press Setup in the top right I was used to my charts having Level II on the right and now it's underneath. app/tos-layoutChapters0:00 Intro1:19 5 Lessons for this class2:24 Installing Think 3 MUST ENABLE Thinkorswim Settings For Day Trading Ross Cameron - Warrior Trading 1. com Jan 20, 2023 · With Thinkorswim alerts you have the ability to receive them in multiple different ways from sound alerts, text messages, emails, or mobile push notifications. The look and feel menu tab will allow you to change the overall color scheme of the platform, create your own color settings, and adjust the font size for thinkorswim. Table of Contents Quick Facts Thinkorswim Order Flow Indicator Settings What is Order Flow Analysis Setting Up the Indicator Key Settings Optimizing the Settings Real-Life Example Scalping Strategies Common Mistakes Advanced Settings Putting it all Together Final Tips Frequently Asked Questions Quick Facts Default settings can be overwhelming, always start with a simple setup and adjust based Sep 13, 2023 · Learn how to setup ThinkorSwim by using this step-by-step guide to build a useful and efficient layout. Oct 5, 2022 · How to Speed Up ThinkorSwim Performance There are multiple optimization techniques that you can use to make ThinkorSwim load faster. This option is also available from the right-click context menu. But yeah, TOS level 2’s 500ms latency makes it pretty hard to use. The specified colors override the default color set for the plot. By level 2 options trading, do you mean the ability to trade standard calls and puts alongside covered calls and puts? I applied and was easily approved. Jul 21, 2023 · Learn how to set up multiple monitors on thinkorswim using the flexible grid feature and save your layouts for easy access. Is there a way to change the color configuration? I want Extremely green for above ask, light green when the bid is at ask, white for insider buying, red at bid and pink when below bid. Time Axis Settings Time Axis Settings are common for all chartings, they include chart aggregation, expansion, and display parameters. We discuss how to pull up indicators such as the RSI, SMA, EMA, MACD and so on and how to get level 2 add level 2 to the active trade ladder . c 2. I have accidentally added T & S and Level 2. thinkorswim® Setup The Setup menu gives you access to key platform preferences and customization options. #thinkorswim Beginner Friendly Tutorial in under 12 mins. Thinkorswim Chart Settings Tutorial: Shows you how to get the most from your charts on Thinkorswim. We’ll also cover how to subscribe for realtime l Appearance Settings are common for all chartings, they include color scheme, parameters related to chart modes and types, and crosshairs shape. Is there anyway to change the colours and have a total bid/offer volume for simple visual reference? ThinkorSwim Level 2 refers to a type of market data display used in stock trading that provides detailed information about bid and ask prices, market depth, and liquidity for a particular security Oct 6, 2023 · Read this article because it's your key to unlocking the power of ThinkorSwim Level II Quotes, a tool that can help you trade like a seasoned pro. To customize general settings: 1. Oct 6, 2025 · Visit Thinkorswim Website Thinkorswim Charting The main strength of thinkorswim is its charts and charting tools. Regardless of the current Look and Feel, the selection of colors in the palettes ensures optimal data visualization. The records include time, price, and trade size. Trade Ideas Scanners | Best Scanning Software On The Market! https://www. The steps depend on which version of the platform you’re using: desktop, mobile, or web. Oct 17, 2022 · When creating custom indicators for ThinkorSwim, you can add color to output, like plots, labels, candlesticks, and even the background of your chart. Aug 28, 2023 · In this tutorial, we'll demonstrate ways to set up the thinkorswim® desktop platform for stock trading. But what if you don’t know where to start? At thinkorswim®, we’ve created six different setup windows you can choose from Download Ross's thinkorswim Layout for Active Trading Here https://warrior. Equities Settings affect parameters of stocks, ETFs, mutual funds, indices, and indicators symbols. Aug 28, 2023 · Customize Platform Appearance on thinkorswim® Customize the color scheme and font size on thinkorswim®. Keyboard Shortcuts In thinkorswim, you are provided with a number of default keyboard shortcuts that enable you to navigate between components or perform tasks without using a pointing device. Thinkorswim has some of the best charting features available. Is it good? Stock/option broker costs. So today I am going to talk to you about what Level 2 is and go through a basic tutorial on how to use it when you are day trading on the Think or Swim platf Level II is a thinkorswim gadget that displays best ask and bid prices for each of the exchanges making markets in stocks, options, and futures. To customize the Options chart settings: 1. Thinkorswim offer L2 quotes? These additional orders “branch” off your current working OCO order, and thinkorswim® automatically starts working on these new OCO order (s) after your current OCO order executes. The following table lists the available colors for different look and feel settings.