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

[jngy2k]

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.

 

[XeoNoX]

like this?

 

[XeoNoX]

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

# 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]

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.

 

[XeoNoX]

what you are looking for is called the volume oscillator. TOS has a built in study, change it to histogram.

if thats not what your looking for you may be interested in this https://usethinkscript.com/threads/tick-buy-and-sell-volume-indicator-for-thinkorswim.534/