how to get uptick versus downtick for an individual stock

[PonchoMike]

I watched a zoom webinar for an alternative platform and there was an indicator that caught my eye. I've tried to figure out how it works.

I believe it is some type of tick counter. A green line is positive ticks, a red line is negative ticks. It works on any time frame. I found the tick values for the various indices listed as indicators, but I'm not seeing how to get uptick versus downtick for an individual stock. I searched the studies and didn't see anything related to ticks.

I know you can chart using ticks versus time. How do I find the total up ticks and down ticks for a ticker over the period of one bar? If you can point me in the right direction, I would appreciate it.

 

[rad14733]

TOS has two forms of Ticks, Tick# and Tick$... Neither type is directly tied to Time... Tick# is merely based on a desired number of trades per candle/bar while Tick$ is based on a desired amount of price movement per candle/bar... It is not possible to correlate either type of Ticks with a specific period of time on a consistent basis... It is for this reason that time-based indicators don't work on Tick-based Charts...

And as for Volume "Ticks", aside from estimated Up/Down Ticks using Volume Pressure, those numbers are not exacts because TOS does not provide us with the ability to access such data using Thinkscript... This is a limitation of the platform itself...

Review these "Volume Pressure" threads for more information...
https://usethinkscript.com/search/1...1&c[nodes][0]=3&c[title_only]=1&o=replies&g=1