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Cumulative tick script


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Cumulative tick script

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  #1 (permalink)
Dallas,TX/USA
 
Experience: Intermediate
Platform: TOS
Trading: es tf ym
 
ProlongWealth's Avatar
 
Posts: 5 since Dec 2012
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Today Peter Reznicek from ShadowTrader put on this webinar today https://attendee.gotowebinar.com/register/3752875458149137410 and it plays once you registrar


He is discussing a Cumulative tick script. Has anyone seen this script or anything similar. I did a search in the group on TICK but did not find anything related. Curious is this script is available?

Thanks,

@ProlongWealth

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  #2 (permalink)
North Carolina
 
Experience: Beginner
Platform: NinjaTrader, Tradestation
Trading: es
 
Posts: 644 since Nov 2011

Not cumulative tick but may get you started. I pulled this from one of my old blogs that has not been updated in ages. There's a link to thinkscripter who I have no affiliation with. He coded a lot of scripts and probably coded something like that too.

 
Code
# TICK Behind Price 
# *******************************************************
# Thanks to:
# Dr. Steenbarger for idea & 
# thinkscripter.com for great example scripts
# *******************************************************

#TICK behind price
declare lower;

input tMax = 1000;
input tMin = -1000;

plot tickMax = 1000;
plot tickLow = -1000;

tickMax.SetDefaultColor(color.green);
tickLow.SetDefaultColor(color.red);

plot tickHighP = high("$TICK");
plot tickLowP = low("$TICK");
plot tickHighPoints = if tickHighP >= tickMax then tickHighP else double.nan;
plot tickLowPoints = if tickLowP <= tickLow then tickLowP else double.nan;

tickHighPoints.SetPaintingStrategy(paintingStrategy.Points);
tickHighPoints.SetDefaultColor(color.green);
tickHighPoints.SetLineWeight(3);
tickLowPoints.SetPaintingStrategy(paintingStrategy.Points);
tickLowPoints.SetDefaultColor(color.red);
tickLowPoints.SetLineWeight(3);

tickLowP.hide();
tickMax.hide();
tickLow.hide();

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  #3 (permalink)
Vancouver Canada
 
Experience: Intermediate
Platform: TOS, IB
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Posts: 33 since Feb 2011
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ProlongWealth View Post
Today Peter Reznicek from ShadowTrader put on this webinar today https://attendee.gotowebinar.com/register/3752875458149137410 and it plays once you registrar


He is discussing a Cumulative tick script. Has anyone seen this script or anything similar. I did a search in the group on TICK but did not find anything related. Curious is this script is available?

Thanks,

@ProlongWealth


Check out these futures.io members @dalebru @rmejia - they do some great TOS coding. I think @dalebru did a cumulative tick indi for free what Resznicek and friends are peddling. Nothing negative about ShadowTrader, he teaches good stuff, he just taking advantage of the opportunity.

C
.

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  #4 (permalink)
Indianapolis/IN
 
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Cerberus View Post
Check out these futures.io members @dalebru @rmejia - they do some great TOS coding. I think @dalebru did a cumulative tick indi for free what Resznicek and friends are peddling. Nothing negative about ShadowTrader, he teaches good stuff, he just taking advantage of the opportunity.

C
.

Thank you for the kind words, @Cerberus.
My cumulative tick indicator is in ThinkOrSwim downloads at

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  #5 (permalink)
Toronto, Ontario/Canada
 
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Do you think you could please share the script? I don't have Elite member access... thank you!

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  #6 (permalink)
Indianapolis/IN
 
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Attached.

Attached Files
Register to download File Type: ts _BruCumulativeSTUDY.ts (1.7 KB, 624 views)
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  #7 (permalink)
Lexington Ky
 
 
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Thank you guys for sharing...Does anybody have a ToS script for Cumulative Delta?

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  #8 (permalink)
Toronto, Ontario/Canada
 
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Cool Ranch Dorito View Post
Thank you guys for sharing...Does anybody have a ToS script for Cumulative Delta?

Yeah I'm also wondering. That would be great!

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  #9 (permalink)
Bangkok
 
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Daytradeboss | Cumulative Tick Indicator for Ninjatrader

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  #10 (permalink)
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dalebru View Post
Attached.

How do you down load this to TOS?

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  #11 (permalink)
Indianapolis/IN
 
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lynmark1 View Post
How do you down load this to TOS?

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

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  #12 (permalink)
Houston, TX
 
 
Posts: 14 since Jan 2018
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What is the difference between ShadowTrader's Cumulative TICK and let's say the "Awesome Oscillator" in think or swim?

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  #13 (permalink)
San Francisco CA
 
Experience: Intermediate
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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

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  #14 (permalink)
Indianapolis/IN
 
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Gregorymc83 View Post
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.

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  #15 (permalink)
Clemmons
 
 
Posts: 7 since Feb 2018
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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();

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  #16 (permalink)
Whistler, BC
 
 
Posts: 31 since Dec 2015
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dalebru View Post
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?

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  #17 (permalink)
Indianapolis/IN
 
Experience: Intermediate
Platform: SC, NT, ToS, my own
Broker: Stage5, InteractiveBrokers
Trading: ES
 
Posts: 67 since Jan 2013
Thanks: 1,029 given, 109 received


whats1thingnow View Post
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.

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