Trade Flash

Trade Flash is a thinkorswim gadget that displays trade-related events (a.k.a. flashes) as they happen. These flashes include third-party analyst up/downgrades, block trades, trade imbalances, events on the trading floor, and more.  Like all other gadgets, Trade Flash can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar article for details).

How to use Trade Flash:

1. Add the Trade Flash gadget to your left sidebar. To do so, click on the 'plus' button  below the left sidebar and choose Trade Flash from the menu. Alternatively, you can replace an already active gadget with Trade Flash by clicking its Show actions menu button  and choosing Switch gadget in the menu.

2. You can choose a symbol or a watchlist to view the flashes for. To pick a symbol, use the symbol selector. To pick a watchlist, click on the 'gear' button  next to it.

3. In the main gadget area, Trade Flash displays a feed of events sorted by time, newest first. Symbols that appear in the feed are highlighted: clicking on any of them will re-direct you to the Trade tab so that you can take action on a flash. Right-clicking on a symbol will open the Symbol Actions menu that enables you to send orders, create alerts, and view more in-depth info.

4. You can select the kinds of flashes you would like to be displayed. To do so, click on the Select categories icon  and activate the desirable categories.

5. Consider linking Trade Flash to a watch list using the color-coded clipboard available from the 'clip icon' menu . If Trade Flash is linked to a watchlist with the same color code, clicking through the watchlist will immediately display the corresponding symbols in Trade Flash.

6. Flashes are displayed in the gadget throughout the U.S. trading day and disappear shortly thereafter.

Times and Sales is a thinkorswim gadget that provides you with more in-depth data on a specified instrument. This data includes records on time, price, and volume of each transaction completed for this instrument intraday. Like all other gadgets, Times and Sales can be displayed as a section of the left sidebar or a separate window (see the Left Sidebar article for details).

In the gadget header you will see the following elements: the symbol selector, the 'clip' icon , the full name of the symbol, the current market price of the selected symbol, and its percentage and absolute change since midnight. The clip icon brings up a color-and-number selection menu; choosing a color in this menu will link Times and Sales to all thinkorswim components with similar color. Consider linking Times and Sales to a watch list so that clicking through the latter will immediately display the corresponding symbols in Times and Sales.

Once you have selected the symbol, the working area of the gadget will display the transaction records sorted by transaction time, newest first. By default, the gadget will also display the price and the volume of each recorded transaction. The list of records is refreshed every five minutes and transactions older than that are removed. Viewing all recorded transactions might be unnecessary sometimes, so you can filter the records by size of the transaction. Click on the header of the Size column and select the desirable size range from the drop-down so only records that fit into this range will be displayed. You can also specify a custom range by clicking Customize Size Filter in this drop-down.

If you need to load additional trading data into Times and Sales, you can customize the columns. Right-click anywhere in the table header and choose Customize. In the dialog window, customize the set of columns: in addition to the default ones, you can add instrument's bid and ask values and also the exchange where the transaction was completed (marked by letter X in the Available Items list). Note that in Times and Sales, the exchanges are named using a one-letter code; the full list of codes can be found here.