# of Traders

[Alex17]

Does anyone have a script that can show the number of traders the stock has on the day? For example, when it's 11:30 am, I want to see the number of trades it's traded so far on the day like I see the volume.

 

[rad14733]

@Alex17 Unfortunately, Thinkorswim doesn't provide us a means of extrapolating Time and Sales data via Thinkscript which is what you would need access to in order to fulfill your request... So the short answer is No... Further, even Time and Sales data wouldn't narrow trades down to individual trader... The only time that data becomes available is when very large institutional traders or corporate officers trade in large blocks, but Thinkorswim doesn't provide that either, it must be reported to the SEC if I'm not mistaken... Never paid much attention to that data myself...

 

[Alex17]

@Alex17 Unfortunately, Thinkorswim doesn't provide us a means of extrapolating Time and Sales data via Thinkscript which is what you would need access to in order to fulfill your request... So the short answer is No... Further, even Time and Sales data wouldn't narrow trades down to individual trader... The only time that data becomes available is when very large institutional traders or corporate officers trade in large blocks, but Thinkorswim doesn't provide that either, it must be reported to the SEC if I'm not mistaken... Never paid much attention to that data myself...

Thanks for the information, but I don’t think number of traders has anything to do with Time and Sales. I‘be just seen people have that indicator on their chart, so I thought you might know. Anyways still thank you.

 

[rad14733]

Thanks for the information, but I don’t think number of traders has anything to do with Time and Sales. I‘be just seen people have that indicator on their chart, so I thought you might know. Anyways still thank you.

Correct, the two are not related... My point was that we have no way of knowing how many "traders" have traded a security... That data is never collected to the best of my knowledge, not even at the brokerage level, as data we might be privy to...

 

[MerryDay]

I‘be just seen people have that indicator on their chart.

@Alex17 Maybe we are not talking about the same thing. I agree w/ @rad14733, to my knowledge the number of traders trading a security is not compiled for many (some legal) reasons and if it is be collected somewhere, pretty sure it wouldn't be shared publicly.

Could you share a screenshot from one of the people who have that indicator on their chart and perhaps we can figure out what it is a measurement of? You have piqued my interest.
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/

Ahhhh... I see now... You are the poster who also asked about hover feature on the volume indicator when told no, you had the exact same answer: "I seen people who have it"

I get that you have seen something. But unfortunately the terms you are using to describe what you have seen does not line up with what is possible. As they say, a picture is worth a 1000 words. Someone maybe able to come up with an answer for what you have seen if you provide snapshots and links to the charts you are describing.

 

[Alex17]

@Alex17 Maybe we are not talking about the same thing. I agree w/ @rad14733, to my knowledge the number of traders trading a security is not compiled for many (some legal) reasons and if it is be collected somewhere, pretty sure it wouldn't be shared publicly.

Could you share a screenshot from one of the people who have that indicator on their chart and perhaps we can figure out what it is a measurement of? You have piqued my interest.
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/

Ahhhh... I see now... You are the poster who also asked about hover feature on the volume indicator when told no, you had the exact same answer: "I seen people who have it"

I get that you have seen something. But unfortunately the terms you are using to describe what you have seen does not line up with what is possible. As they say, a picture is worth a 1000 words. Someone maybe able to come up with an answer for what you have seen if you provide snapshots and links to the charts you are describing.

 

[SleepyZ]

Based upon the above chart, the 'Trades Pre_Breakout' are determined by use of the function 'tick_count'.
TOS defines 'tick_count() as : Returns the number of trades corresponding to an intraday bar.
I have made some code to show how this is determined in your posted chart.

Upper chart code

input timezone = {default "ET", "CT", "MT", "PT"};

def starthour  = (if timezone == timezone."ET"
                        then 9
                        else if timezone == timezone."CT"
                        then 8
                        else if timezone == timezone."MT"
                        then 7
                        else 6) ;
def hour = Floor(((starthour * 60 + 30) + (GetTime() - RegularTradingStart(GetYYYYMMDD())) / 60000) / 60);
def minutes = (GetTime() - RegularTradingStart(GetYYYYMMDD())) / 60000 - ((hour - starthour) * 60 + 30) + 60;

#Highest High during RTH
def hi         = CompoundValue(1, if GetTime() crosses above RegularTradingStart(GetYYYYMMDD())
                                       then high
                                       else if high > hi[1]
                                       then high
                                       else hi[1]
                                  , hi[1]);
def hbar       = if GetDay() == GetLastDay()
                 then if high == hi
                      then BarNumber()
                      else hbar[1]
                 else 0;

def phbar      = if hbar != hbar[1] then hbar[1] else phbar[1];
def phigh      = HighestAll(if BarNumber() == HighestAll(phbar) then high else Double.NaN);

def cond       = if high crosses above phigh then high else double.nan;
plot hdcross   = if high == highestall(cond) then high else double.nan;
hdcross.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_DOWN);

def hihr    = if high crosses above phigh then hour    else hihr[1];
def himin   = if high crosses above phigh then minutes else himin[1];
AddLabel(1, "Breakout Time "
            + (hihr + ":") +
           (if himin < 10
            then "0" + himin
            else  "" + himin ) , Color.WHITE);

def trades      = if GetDay() != GetLastDay() then 0 else tick_count() + trades[1];
def trades_cond = if high crosses above phigh then trades[1] else Double.NaN;
AddLabel(1, "#Trades Pre_Breakout " + HighestAll(trades_cond), color.yellow);

Lower Chart code

def Data = if GetDay() != GetDay()[1] then 0 else Data[1] + tick_count();
plot trades = Data;

 

[bikeeagle1]

By "traders," do you mean volume? You can see that on the Trade Tab.

 

[MerryDay]

@SleepyZ already answered this question. She proved that "based upon the above chart, the 'Trades Pre_Breakout' are determined by use of the function 'tick_count'. TOS defines 'tick_count() as : Returns the number of trades corresponding to an intraday bar.

I am still in awe that was figured that out so fast.

 

[rad14733]

I think we still need some clarification from @Alex17 regarding whether he wants to know "trades" or "traders"... Yes, tick_count() does return the number or "trades" per candle/bar but does not determine the number of "traders" because retail "traders" and/or institutional "traders" might make multiple block "trades" within a single candle/bar and throughout the trading session, thus skewing the count of "traders"... Hence, while we can get a sum of total "trades" we cannot get a sum of total "traders"... Without hearing back from @Alex17 we're left speculating and perhaps needlessly expending our time and energy here...

 

[Benjaminsabe]

Based upon the above chart, the 'Trades Pre_Breakout' are determined by use of the function 'tick_count'.
TOS defines 'tick_count() as : Returns the number of trades corresponding to an intraday bar.
I have made some code to show how this is determined in your posted chart.

Hey! sorry to bother, but Im trying to set up a scan that allows me to see the stocks that had more than 3000 trades on a day. I tried using the tick_count function but its not working. Could you help me?

 

[SleepyZ]

Hey! sorry to bother, but Im trying to set up a scan that allows me to see the stocks that had more than 3000 trades on a day. I tried using the tick_count function but its not working. Could you help me?

Tick_count only works on intraday aggregations. Try using what worked for me on a four hour aggregation: tick_count() > 3000

 

[SCALPER]

@SleepyZ - Thank you for sharing!

I added the following code to a watchlist column to enable sorting based off 'trade' count; results yielded 0.0 or NaN -

def Data = if GetDay() != GetDay()[1] then 0 else Data[1] + tick_count();
plot trades = Data;

Hoping it isn't a platform limitation and someone knows of a solution.


*EDIT - Google search result...

# Total Trades Scan
# Mobius
# V01

def RTHo = getTime() crosses above RegularTradingStart(getYYYYMMDD());
def Ticks = if RTHo
then Tick_Count()
else Ticks[1] + Tick_Count();

plot ScanCond = Ticks > 500; # Adjust this value for whatever comparison you want

# Total Trades Label for WatchList Column or Chart Study
# Mobius
# V01

def RTHo = getTime() crosses above RegularTradingStart(getYYYYMMDD());
def Ticks = if RTHo
then Tick_Count()
else Ticks[1] + Tick_Count();

AddLabel(1, "Total Trades = " + Ticks, color.white);