TradingView
viewer405
25 Nov 2022 pukul 02.42

TICK Indicator 

SPDR S&P 500 ETF TRUSTArca

Huraian

Similar to the USI:ADD index, the NYSE TICK index measures the number of stocks with in the index with positive ticks versus negative ticks. Levels such as +/- 1000 or +/- 2000 can be considered as areas of overbought and oversold.

Nota Keluaran

Added two optional moving averages that can be customized for length, type (EMA or SMA), etc.

Nota Keluaran

Added checkbox to enable/disable moving averages. Also made the checkbox false by default. Minor bug fix.

Nota Keluaran

  • Added ratio of up ticks versus down ticks in upper right side of table.
  • You can now plot the aforementioned ratio as a histogram by selecting "ratio" under "Candle Style".
  • Added checkbox to enable/disable threshold lines in a single click It is "off" by default.
  • Other minor bug fixes.

Nota Keluaran

  • Added option to select cumulative TICK histogram.
  • Also added flag to enable/disable summary table.

Nota Keluaran

Simplified the indicator to give you exactly what you're looking for

  1. the raw TICK data
  2. the cumulative TICK


Also simplified the settings and added appropriate tooltips to explain what the settings do.

Nota Keluaran

Fixed bug where cumulative TICK was not showing in charts using only regular session.

Nota Keluaran

Fixed the formula for the cumulative calculation to work on both charts with pre/post market data and those without. Also made sure the formula is in fact doing a summation of the TICK data from the start of the session onward.
Komen
sebbipanza
awesome. thank your for your work. One question, is it possible to apply this to any index ? I trade on the OSEBX (Norwegian market) and swedish market OMX. =)
viewer405
Hi @sebbipanza! I apologize I didn't see your comment until today. Do you know if the OSEBX or OMX has a ticker symbol for their indexes? For example, the tick for the S&P 500 is USI:TICK; the tick for Nasdaq is USI:TICK.NQ, etc. If the markets you're trading have a tick for their indices, send me those and I will add them to this indicator.
maxtomaxoff
the cumulative TICK options has stopped working since update.. i have remove the indicator, restarted my window and still nothing...
viewer405
@maxtomaxoff, can you give more details? What timeframe, ticker?
maxtomaxoff
@viewer405,all time frames, and tickers.. it works when you have it on extended market thou. not regular
viewer405
@maxtomaxoff, Thank you so much for catching this! I've pushed a bug fix for that. Just remove the indicator and add the latest one in.
maxtomaxoff
@viewer405, Np! i should thank you for the quick fix. next issue is... i dont think the script is giving the cumulative total, instead its giving the tick total for each bar. cumulative should be continuously + or - every additional bar...
viewer405
@maxtomaxoff, I'm looking into that. I'll try to have that done asap.
viewer405
@viewer405, I reviewed the formula and indeed I had broken it. Can you give it another try? Thank you!
maxtomaxoff
@viewer405, works amazingly now, thank you
Lebih