Gap Scanner

A live gap scanner that goes beyond thinkorswim

Stock Hacker Plus Live Gap Alerts

thinkorswim gives Schwab clients a solid scan tool at no software fee. Trade Ideas is built around one job: telling you the moment something happens.

Free account, just an email. No card. Live access for a limited time.

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Real Top List with filters, recorded.

Stock Hacker and Trade Ideas side by side

thinkorswimTrade Ideas
Building the scanStock Hacker with your own criteria and thinkScriptPick from 308 alerts (events) and 249 filters, combined with AND. No scripting needed. Gap (%), Relative Volume, Float and more, set as min and max
Being toldAlert when scan results changeInstantly, as new events happen in real time. No need to refresh. Event alerts like Gap Down Reversal
Placing tradesTrades in your Schwab accountTrade Ideas connects to many brokers, like E*Trade, Interactive Brokers, TradeStation and Alpaca, so you can place live and simulated trades right from the app.
CostNo software fee with a Schwab account; $0 online stock tradesSee pricing; free account with an email

thinkorswim details from schwab.com, checked October 12, 2026. Trade Ideas connects to many brokers, like E*Trade, Interactive Brokers, TradeStation and Alpaca, so you can place live and simulated trades right from the app.

Example numbers, not a real trade

Results change vs event alert
Results change vs event alert. Example numbers, not a real trade.

Stock Hacker plus Trade Ideas, day to day

Schwab clients get a lot with thinkorswim, and Stock Hacker can do real gap scans, including custom thinkScript if you like writing your own. So why do some of them add Trade Ideas? Mostly for the alerts that fire on the event itself.

Key point

Here is the difference in plain terms. A Stock Hacker scan alert tells you the list changed, a symbol came on or dropped off. Trade Ideas alerts tell you something happened on the tape, like a gap down that just crossed back through yesterday’s close, on the trade it happened. For gap trading, that timing is the whole game.

A setup a lot of Schwab traders run:

  • Keep thinkorswim for charts, orders and your account. Nothing about your broker changes.
  • Build the gap list in Trade Ideas with gap percent, relative volume and float.
  • Add the gap down reversal and false gap up retracement alerts so the moves come to you.
  • When one fires, type the symbol into thinkorswim and trade it there.
Key point

Example, made-up numbers. A $35 stock gaps down to $32.90 on a sector selloff. In Stock Hacker it sits on your gap down scan all morning, so nothing new happens on the scan. In Trade Ideas, at 10:52 it trades back over $35 and the gap down reversal alert fires right then. You flip to thinkorswim and see it on your chart. That is the gap where the two tools fit together.

No need to move your money, since Trade Ideas doesn’t hold accounts or place trades for you unless you set up a connected broker yourself. There is a free account with just an email if you want to look before deciding anything.

Trader tip

One more practical point. A scan that tells you the list changed is fine for building a swing list. For the first hour of a gap morning, many traders want every matching stock and an alert on the exact trade. That’s the job Trade Ideas was built for, and it’s why the two sit next to each other so well.

Try it on today’s market.

Free account, just an email. No card. Live access for a limited time.

thinkorswim gap scanner questions

Honest answers.

Can thinkorswim scan for gap ups?

Yes. Stock Hacker can scan with gap criteria, and thinkScript lets you write your own.

Is thinkorswim free?

Schwab clients get thinkorswim with no software fee; normal trading costs apply.

Do I need to switch brokers for Trade Ideas?

No. Trade Ideas finds the stocks; you trade wherever your account is.

Do I need to know thinkScript to use Trade Ideas?

No. Trade Ideas filters are set as minimum and maximum values, and alerts are turned on from a list.

Alerts and filters to look at

Past results, including backtests, don't guarantee future results.

Trade through your broker, add live gap alerts.

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