Tick Charts...What are they and how to use them in ThinkOrSwim

[UpTwoBucks]

Tick Charts...What are they and how to use them.

To Install, Click Setup top right, Open Shared Item, CTRL V to paste, Preview, then Import. Move it to your chart if not already there.

Tick Chart Label: https://tos.mx/L8zYNoc
Current Desktop: https://tos.mx/qb8FKWN

### Begin Code ###

#Tick Charts created by Ricky Gaspard

# Net Buying/Selling Pressure Label with Custom Tick Interval
declare upper;

input tickInterval = 133;

def tickType;
def netTicks;

if close > close[1] then {
    tickType = 1;  # Buy Tick
} else if close < close[1] then {
    tickType = -1; # Sell Tick
} else {
    tickType = 0;  # No Change
}

netTicks = tickType + netTicks[1];

AddLabel(yes, if netTicks > 0 then "Net Buying" else if netTicks < 0 then "Net Selling" else "Neutral",
    if netTicks > 0 then Color.LIGHT_GREEN else if netTicks < 0 then Color.RED else Color.GRAY);

AddLabel(yes, "Tick Interval: " + tickInterval, Color.YELLOW);



### End Code###