OPEN-SOURCE SCRIPT
Tick Time/Speed
The Tick Time/Speed indicator highlights the latest TradingView feature, Tick Charts (beta), and aims to provide a visual representation of the speed.
🔶 USAGE
1-minute chart
Unlike regular charts, where the time difference between two bars is relatively equal, the time difference between two tick bars can vary.
1T chart
10T chart (ticks groups per 10)
100T chart (ticks groups per 100)
(zoom in to see the time scale, as can be seen in the above two examples, higher values represent more ticks in a shorter period of time)
The difference in time (speed) against previous tick(s) is added to an array and sorted. The measured speed is compared against every value in the array and then plotted.
A smaller difference in time against other ticks (more ticks in less time) is plotted higher, while a more prominent time difference is plotted at a lower level.
The amount of data (to compare with) can be set by "Calculated Bars".
The above example uses data from the last 5000, 100, and 77 bars.
🔶 SETTINGS
• Color & transparency setting
• Calculated Bars: sets the size of the array; in other words, sets the amount of available data for 'speed' comparison
🔶 NOTES
🔶 USAGE
1-minute chart
Unlike regular charts, where the time difference between two bars is relatively equal, the time difference between two tick bars can vary.
1T chart
10T chart (ticks groups per 10)
100T chart (ticks groups per 100)
(zoom in to see the time scale, as can be seen in the above two examples, higher values represent more ticks in a shorter period of time)
The difference in time (speed) against previous tick(s) is added to an array and sorted. The measured speed is compared against every value in the array and then plotted.
A smaller difference in time against other ticks (more ticks in less time) is plotted higher, while a more prominent time difference is plotted at a lower level.
The amount of data (to compare with) can be set by "Calculated Bars".
The above example uses data from the last 5000, 100, and 77 bars.
🔶 SETTINGS
• Color & transparency setting
• Calculated Bars: sets the size of the array; in other words, sets the amount of available data for 'speed' comparison
🔶 NOTES
- At this point of time, Tick Charts are only reserved for Professional-tier plans – Expert, Elite, or Ultimate plan.
- The indicator can only be used with Tick Data.
- Not all exchanges have tick data at the moment, this means not every ticker will have Tick Data.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
PineCoder: pinecoders.com
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.