Back to Glossary
General TradingI

Investor Movement Index (IMX)

A proprietary indicator created by TD Ameritrade that measures the actual trading activity and positioning of its retail clients. It provides insight into retail investor sentiment and behavior.

Example

For example, if the IMX rises sharply after a market pullback, it suggests retail investors at TD Ameritrade are buying the dip, which can serve as a contrarian or confirming signal.