Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Cumulative tick script
Updated September 20, 2018
Top Posters
looks_one
dalebru
with 5 posts (6 thanks)
looks_two
runit
with 2 posts (0 thanks)
looks_3
lynmark1
with 1 posts (1 thanks)
looks_4
tpredictor
with 1 posts (2 thanks)
Best Posters
looks_one
tpredictor
with 2 thanks per post
looks_two
dalebru
with 1.2 thanks per post
looks_3
lynmark1
with 1 thanks per post
looks_4
Cerberus
with 1 thanks per post
trending_up
17,637 views
thumb_up
10 thanks given
group
15 followers
forum
16 posts
attach_file
1 attachments
Cumulative tick script
April 8th, 2017, 07:36 AM
Indianapolis/IN
Experience: Intermediate
Platform: SC, NT, ToS, my own
Broker: EdgeClear
Trading: ES
Posts: 67 since Jan 2013
Thanks Given: 1,035
Thanks Received: 110
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
January 5th, 2018, 11:45 AM
Houston, TX
Posts: 14 since Jan 2018
Thanks Given: 10
Thanks Received: 5
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
San Francisco CA
Experience: Intermediate
Platform: NinjaTrader, ToS
Trading: High volume products
Posts: 2 since Mar 2016
Thanks Given: 1
Thanks Received: 0
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 ($ADDC) the same way right below in another lower panel to see divergence /confluence.
Simply changing the ticker in the study doesn't work because ADDC doesn't need any of the math of cumulative tick, however I've failed miserably at trying to edit the code myself.
Is there an easy way to use this framework to show Advance/Decline in a chart lower, instead of plotting it in a whole new chart??
Thanks for cumulative tick!
Greg
March 8th, 2018, 07:14 AM
Indianapolis/IN
Experience: Intermediate
Platform: SC, NT, ToS, my own
Broker: EdgeClear
Trading: ES
Posts: 67 since Jan 2013
Thanks Given: 1,035
Thanks Received: 110
Gregorymc83
Hi @
dalebru
I like your cumulative tick study, the layout in the chart lower is perfect and it's...ya know..free!
I am looking to also have
market breadth ($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
Clemmons
Posts: 7 since Feb 2018
Thanks Given: 1
Thanks Received: 0
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
Whistler, BC
Posts: 34 since Dec 2015
Thanks Given: 25
Thanks Received: 9
dalebru
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
Indianapolis/IN
Experience: Intermediate
Platform: SC, NT, ToS, my own
Broker: EdgeClear
Trading: ES
Posts: 67 since Jan 2013
Thanks Given: 1,035
Thanks Received: 110
whats1thingnow
Yes, I think so. I haven't looked at it for years.
Last Updated on September 20, 2018