thinkScript Programming on thinkorswim Quiz

What is thinkScript primarily used for on the thinkorswim platform?

• To manage user accounts

• To design new trading platforms

• To create custom analysis tools

• To develop mobile applications

How can you view the code of a pre-built indicator in thinkorswim?

• By opening the settings menu

• By clicking the scroll icon next to the indicator

• By contacting customer support

• By downloading the source code

What is the first step in creating a new indicator using thinkScript?

• Exporting the code

• Running a test script

• Defining the variables

• Plotting the data

What is the significance of ending statements with a semicolon in thinkScript?

• It saves the script

• It comments out the line

• It indicates the end of a line of code

• It starts a new function

What function is used to display data as a label in thinkScript?

• addLabel

• createLabel

• displayLabel

• showLabel

What is the purpose of the inspector tool in thinkScript?

• To provide parameter options for functions

• To save the script

• To compile the script

• To debug the code

Which function is used to format a number as a percentage in thinkScript?

• asPercent

• toPercent

• percentFormat

• formatPercent

How can you customize an existing indicator to show percent change since market open?

• By modifying the chart layout

• By adjusting the color settings

• By changing the price variable to compare current close with market open

• By using a different trading platform

What is a key feature of the thinkorswim Learning Center?

• It has a forum for user discussions

• It includes a marketplace for scripts

• It offers live trading sessions

• It provides a glossary of thinkScript functions

What is the default period for the percent change study in thinkorswim?

• 1 year

• 30 days

• 14 days

• 7 days