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Simple Forex Tick_Count for use as "volume" indictor


New member

Im looking for a straightforward tick count indicator for Forex to use as a "volume indicator" to help with trade entries on the daily chart, preferably one with an "average line" where cross above would indicate higher than normal "volume". Ive tried a few on here including this one:

declare lower;
declare zerobase;

def TradeCount = tick_count;
def MoneyCount = volume;

plot avgTradeCount = ((MoneyCount[1] + MoneyCount) / 2) / ((TradeCount + TradeCount[1]) / 2);

AvgTradeCount.AssignValueColor(if TradeCount >= AvgTradeCount then Color.UPTICK else Color.DOWNTICK);

But this doesn't display on the daily chart and has no average line.

Any Recommendations.

Thank you


New member
I've been looking for the same thing. I'd like to see something that looks like this hawkeye volume indicator but with tick data. I was also wondering if it was possible to have volume tick data in TOS that doesn't require you to switch to the "Last" price. Is there any way to have a volume indicator on the "Ask" or "Bid" price chart?


Well-known member
Does anyone know if the built in volume indicator in think or swim for Forex is based on tick count?
Patience... :whistle: If one of our members knows of one they will respond... Asking multiple times won't get an answer any faster... 💡

From what I have read, getting accurate volume information on Forex is difficult at best due to the lack of centralized trading management...

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