Cumulative tick script

April 8th, 2017, 07:36 AM

lynmark1

How do you down load this to TOS?

https://tlc.thinkorswim.com/center/charting/studies/basics/basic-operations/importing.html

January 5th, 2018, 11:45 AM

What is the difference between ShadowTrader's Cumulative TICK and let's say the "Awesome Oscillator" in think or swim?

March 7th, 2018, 04:23 PM

Hi @dalebru

I like your cumulative tick study, the layout in the chart lower is perfect and it's...ya know..free!

I am looking to also have market breadth ($ADDC) the same way right below in another lower panel to see divergence/confluence.

Simply changing the ticker in the study doesn't work because ADDC doesn't need any of the math of cumulative tick, however I've failed miserably at trying to edit the code myself.

Is there an easy way to use this framework to show Advance/Decline in a chart lower, instead of plotting it in a whole new chart??

Thanks for cumulative tick!

Greg

March 8th, 2018, 07:14 AM

Gregorymc83

Hi @dalebru

I like your cumulative tick study, the layout in the chart lower is perfect and it's...ya know..free!

I am looking to also have market breadth ($ADDC) the same way right below in another lower panel to see divergence/confluence.

Simply changing the ticker in the study doesn't work because ADDC doesn't need any of the math of cumulative tick, however I've failed miserably at trying to edit the code myself.

Is there an easy way to use this framework to show Advance/Decline in a chart lower, instead of plotting it in a whole new chart??

Thanks for cumulative tick!

Greg

I haven't been into ThinkOrSwim for the past year or so, so I don't remember. But IIRC you'll need a new chart.

March 10th, 2018, 12:06 AM

Histogram for 1 frame, plotlines for 6 frame & 12 frame
(On 5m chart these are 30m & 60m averages
Timeframes can be changed

#############################

##Tick Count Histogram with Two Longer Tick Averages
##Default 1, 6, 12. On 5min chart = 5m, 30m, 60m
##@scottseller##

declare lower;

input Period_1 = 1;
input Period_6 = 6;
input Period_12 = 12;

plot HistoTick = (average(tick_count, Period_1));
plot P_1 = (average(tick_count, Period_1));
plot P_6 = (average(tick_count, Period_6));
plot P_12 = (average(tick_count, Period_12));

## Hides the tick count line plot by default, opting for histogram tick count

P_1.Hide();
P_1.SetLineWeight(2);
P_1.setDefaultColor(color.yellow);
HistoTick.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
HistoTick.AssignValueColor(
if HistoTick >= P_6
then Color.DARK_GREEN
else Color.DARK_RED);

P_6.setDefaultColor(color.cyan);
P_12.setDefaultColor (color.violet);

P_1.HideBubble();
P_6.HideBubble();
P_12.HideBubble();
HistoTick.HideBubble();

September 17th, 2018, 03:20 PM

dalebru

Attached.

what's the difference between Cumulative Tick indicator, and Cumulative Delta indicator?

Cumulative Delta keeps track of bid and ask volume...

and cumulative tick is just up tick vs down tick?

September 20th, 2018, 01:11 PM

whats1thingnow

what's the difference between Cumulative Tick indicator, and Cumulative Delta indicator?

Cumulative Delta keeps track of bid and ask volume...

and cumulative tick is just up tick vs down tick?

Yes, I think so. I haven't looked at it for years.

Cumulative tick script

Discussion in ThinkOrSwim

Cumulative tick script