Indicator that only shows Ticks (downticks and upticks) and not volume?

jngy2k

Member
VIP
Clarification: This indicator is needed for use with any stock that i can declare_lower;

I'm looking for a simple indicator that plots all the ticks that occur. If ticks are up then it plots above 0, if it is a down tick then it plots under zero. Volume chart plots the ticks as a sum for each bar. When the price move down or up a tick, volume sums it and puts in on one bar but I want to seperate them on a zero line to look something like the chart below. The down bar will be a sum of the down ticks that occur at that time and a up bar above zero will be a sum of the up ticks that occur at that time.
wz6Bgcu.png
 
Last edited:

XeoNoX

Well-known member
VIP
the study MIGHT need that you setup your charts like this so that it blacks out the candles on the chart..
also note this is for use with the $TICK ticker

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Capture.png


Colored RED / GREEN ( down / up ) tick histogram bars above and below 0 line as in pic in post #2


Code:
# Colored RED / GREEN  ( down / up ) tick histogram bars above and below 0 line
###   this is for use with the $TICK   ticker
# By XeoNoX via usethinkscript.com
HidePricePlot(yes);
input price = close;
input displace = 0;
plot tick1  = Average(price[-displace], 1);
tick1.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
tick1.SetLineWeight(3);
tick1.DefineColor("Above", color.uptick);
tick1.DefineColor("Below", color.downtick);
tick1.AssignValueColor(if tick1 >=0 then tick1.Color("Above") else tick1.Color("Below"));
 

jngy2k

Member
VIP
the img is a perfect representation of how i would like the indicator to look like but i need it to work with any stock that i can declare_lower and replace the use of the volume subgraph.
 
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