Thinkorswim Rtd Excel Template
Thinkorswim Excel Add In
Thinkorswim Rtd Excel

Written and contributed by Rich Kaczmarek

Panelists Neil Gillis shared his spreadsheet that monitors multiple butterflies. Neil had a good overview of the formatting required to get RTD working. Norm Spaulding shared his spreadsheet he uses to monitor his open positions using pivot tables. Jim Riggio showed how to copy the OPRA code from Thinkorswim so you can paste it into your Excel spreadsheets. I use the RTD function in Excel and the cell that is being imported from the Stock Broker website (Think or Swim; TD Ameritrade) is bringing in a cell that shows an expected move of a stock. The Execl spreadsheet cell is importing a '+/-' signs in front of a number which is imported using the RTD function. The TOS RTD server must be manually registered with Excel using the following procedure: Run Excel as Administrator. Go to Options Add-Ins Manage COM Add-ins Add. Then browse to the TOS dll directory holding the RTD Server ( AppData Local thinkorswim lib64). Select RTDService.dll and click OK. The COM Add-Ins list still shows blank. Thinkorswim RTD on thinkorswim thinkorswim has the ability to use the Mircosoft Excel function RTD (Real Time Data.) This allows you to connect your Excel spreadsheet to thinkorswim for real time quote updates. To use this feature on thinkorswim bring up a watchlist with your desired symbols and columns. ThinkorSwim Live Streaming Data to Excel and Fix '#Name' Error on excel file.

The last article covered some DDE versus RTD technobabble and left you with an example of how to use RTD in Excel to get the last price of RUT from ThinkOrSwim (TOS). Not bad for a day’s work but let’s take it to the next level.

Before we begin, bring up ThinkOrSwim and the LockeRTD Excel spreadsheet you saved last week and make sure RUT (not SPX) is in cell B2, like this:

If you ran ThinkOrSwim then LockeRTD and the last price was either blank or #N/A, you’ve encountered the annoying problem. (If you have Excel 2010 or prior versions, you probably haven’t seen it.)

It’s well-known and documented but still annoying, and if you search the web you’ll find a wide range of work-arounds. Here’s a fast and easy method we use every day:

Step 1: Open up a blank Excel spreadsheet

Step 2: Type =RTD(“TOS.RTD”,”LAST”,”RUT”) in any cell and press <Enter>

(If TOS is running, you should now see the last price of RUT.)

Step 3: Open LockeRTD or any other spreadsheet you have that uses RTD

That’s it. Since the newly opened spreadsheet works, any successively loaded RTD spreadsheet will work. You could even close that first spreadsheet and, as long as you keep at least one RTD spreadsheet always running, load more RTD spreadsheets. (Typically we just minimize the Step 1 spreadsheet so we can open and close others with impunity.)

Yes, it’s like last century when you had to warm up television tubes. Yes, it’s annoying. No, I don’t know why it hasn’t yet been fixed.

But I’m sure the helpful Microsoft support staff would be more than happy to answer your question.

This little world of connecting ThinkOrSwim to Excel has two players: ThinkOrSwim, which has the data, and Excel, which wants the data. We’re using RTD as the mechanism whereby they can talk with each other. (For the literati, think of RTD as a Technobabble Fish.)

You may recall the following RTD command you entered in cell G2 from the last article:

=RTD(“TOS.RTD”,”LAST”,B2)

Breaking it down:

= is how we let Excel know that what follows is something it needs to do.

RTD is an Excel function that, for our purposes, opens up communications with ThinkOrSwim. RTD can act upon information sent between parenthesis in a particular order:

“TOS.RTD” is sent as the 1^st RTD parameter. It’s the quote-enclosed name of a ThinkOrSwim function that’s loaded into memory when you run ThinkOrSwim. The purpose of TOS.RTD is to respond to RTD requests with data from ThinkOrSwim.
The 2^nd RTD parameter is…nothing! See those two commas next to each other in our equation? The commas separate parameters and when they’re consecutive, there’s obviously nothing between them – so that’s how we let RTD know there’s no 2^nd parameter.
“LAST” is in the position of the 3^rd RTD parameter. According to RTD Rules, everything sent from the 3^rd parameter on is called a “topic,” and everything from the 4^th parameter on is optional.That’s nice but ThinkOrSwim always uses the 3^rd and 4^th parameter. “LAST” as the 3^rd parameter means we’re looking for the last price of…whatever we send as the 4^th parameter.
B2 is the 4^th RTD parameter. Why use B2 instead of typing “RUT”? Because we’re telling Excel to use the contents of cell B2 as the 4^th Then we can just change the contents of B2 from RUT to SPX for the last price of SPX, instead of modifying the equation and potentially goofing it up.

Here’s a graphic of the conversation between the programs that may help:

From now on, all your RTD equations will look the same EXCEPT we’re about to get clever with the 3^rd and 4^th parameters.

We used B2 to implicitly reference data for the RTD equation but we still had to explicitly type “LAST”. Why not replace “LAST” with another implicit data reference so we don’t have to keep retyping “LAST”? And wouldn’t you know it – there it is in cell G1!

Go back into cell G2 and edit the formula, replacing “LAST” with G$1, so it looks like this:

=RTD(“TOS.RTD”,G$1,UPPER(B2))

When you hit the <Enter> key, nothing will appear to happen but behind the scenes Excel is using the contents of cell G1, LAST, as the 3^rd parameter. You’ll see why this is important in a couple paragraphs.

Did you notice we’re now using the UPPER function? This Excel function converts whatever we typed in B2 to uppercase. ThinkOrSwim needs to receive everything in uppercase so we’re going to let Excel verify it gets sent in uppercase. This way it doesn’t matter if we type rut or RUT or any combination of upper and lower case letters.

Did you notice that we didn’t use G1 but G$1? Excel uses the $ to pin down the 1 so if we copy and paste cell G2 (our equation) into a different location, the G will change to the column we move it to but the row will always be 1.

Try it now. Copy cell G2 and paste it to cell G3, then look at the equation:

=RTD(“TOS.RTD”,G$1,UPPER(B3))

See? The G$1 stayed the same (because we’re still in column G and we pinned row 1) but B2 became B3. Why? Because we didn’t put a $ in front of the 2 to keep it pinned to the 2^nd row.

Next step: Pin B2 and B3 to column B, like this:

Cell G2 =RTD(“TOS.RTD”,G$1,UPPER($B2))

Cell G3 =RTD(“TOS.RTD”,G$1,UPPER($B3))

And, just because, enter SPX into cell B3 so your spreadsheet looks something like this:

What happened?

The equation in cell G2 took LAST from cell G1 for the 3^rd parameter, looked in its row to column B and plucked RUT from B2 for the 4^th parameter, then used RTD to throw all the parameters to ThinkOrSwim. ThinkOrSwim caught the request, got the last price of RUT and threw it back as the answer to the equation in cell G2.

Then cell G3 did the same thing for SPX.

Why is this good?

Because instead of manually typing the equation multiple times, you can get the last price for a BUNCH of symbols by copying cell G2 (or G3), pasting as far as you want down in column G, then simply entering a symbol in column B. You copy & paste; Excel does the heavy lifting by modifying the formulas.

Thinkorswim Rtd Excel