You will have to gauge levels which option strategy is most profitable forex news update based on the market and chart used. I generally test one side at a time. If you have updated to the latest NT version and are having a problem or getting error messages either recompile the indicator or download and install the latest version. This version provides 2 plots and 2 controlling parameters, one set for cycle and the other set for trend. Additional patterns have been added and this searches for ALL the patterns. The trend is exposed as a double series and can be accessed via the NinjaTrader strategy builder or the market analyzer. After logging in with your credentials you can right click on the chart to choose the dark skin as you see in the screenshot 1-nov : version 1. It turns red when an instrument is significantly overbought short opportunity and blue when significantly oversold long opportunity. The SMA period is user-configurable. The MarketAnalyzerColumn is not yet included with the install file, as it has led to freezes with NT 8. Leg Up means close is above previous Bitcoin cash trading bot how mobile apps helps trade and sales Inside means close is inside previous candle, but price explored outside previous candle Leg Down means close is below previous Low Base means entire current candle is inside previous candle price action Category ThinkOrSwim. The ability to apply volume filters against the Net volume thereby limiting the Net volume histogram display a net bar only for the volume specified in the filter s. Please pay attention to the difference. Zone coloring options: Several templates are provided to assist in creating the zones 4. These will also be shown in the strategy builder. The Opening Range Breakout Indicator makes trading simple! In fact there is no point in moving a trailing stop towards the current price intra-bar. Simple Tick Counter modification to the one included with NinjaTrader 8 that replaces the one located at the bottom right of the screen and places it next to the current bar. Oh by the way its for Multicharts.
Note: The plot values for testing have been set to transparent. These moving averages may only be applied to price. This could tell a trader that a bigger move down in price could be forthcoming. Price may consolidate and not move appreciably in either direction even though volume is building. Also, they use the coloring of the paintbars to determine buying and selling pressure, and which side is in charge. These will also be shown in the strategy builder. The colors of the paint bar will then show the slope of the moving average selected as center line. The magenta bar simply says that a magenta bulge is in progress. I use these in various ways which I intend to expand on, but generally use them to establish levels that the pros are working at. It calculates the average volume for the bar with the same Close time over the previous X number of days. Did it for a previous indicator in NT7. However, historically that is challenging as it has been quite subjective. Categories Show Search Help. You can set the number of days and use it on bars of any duration. Some Notes: - If a chart has the Price Scale located on the Left side instead of the Right side of the chart as is normal, then you must configure ScrollsRite Scale Justification to the Left side also. Each candlestick is converted into a 3 digit number. The format is different from NT7. Both the path and filename must be specified by the user. Nota: The forum software has renamed the downloadable zip file to the false version number 1. This was done because the Total histogram can be turned off.
NET64 Version Repainting behavior: All regression channels - whether linear or polynomial - belong to the class of repainting indicators. Version 1. A tick is an thinkorswim technical indicators bitmex funding rate tradingview or downward price change. This results in the plot lines being a curve rather than being step-wise. As a consequence this indicator may not be used with any other input series than price. Code written in easy-language with use with MC 64 v Note: If you are not having this problem then it isn't necessary to install this version as a new one will be out shortly that includes this fix and some new enhancements. Keltner Channels are a trend following indicator designed to identify the underlying trend. Run your backtesting in Strategy Analyzer 2. They can be used both to determine near term market movement. I have no idea what it will do with non-time-based bars, so be prepared for it to blow up, if you try. In the meantime, please use the RVOL indicator mentioned .
Works nicely when used across multiple timeframes. Export with 8. Since volume is additive when the asset increases in price, the OBV will tend to follow the general trend of the market. Market Analyzer Column: The indicator comes with two separate market analyzer columns. The stochastic oscillator is a range-bound indicator which means it can oscillate between two extreme levels, 0 and You can have several instances with different times and different colors and opacity. Psychology and Money Management. A wide pivot range follows after a trending week with forex mt4 trend reversal indicator bitraged trading course close near the highs or the lows. The higher the speed the higher the bar. The best trading app mobile demo trading cryptocurrency is called ShortyGetShort version 1. Price may consolidate and not move appreciably in either direction even though volume is building. It does have its drawbacks.
These levels often act as support or resistance for the consecutive N-minute period. Then, all the histogram bars will point upwards and you can make your code always look for positive values. The damping factor is adjusted such that low frequency components are delayed more than high frequency components. If you find looking for negative numbers cumbersome, edit the indicator and reverse the LowerWick calculations, from either Low[0] - Open[0] or Low[0] - Close[0] to Open[0] - Low[0] or Close[0] - Low[0] , respectively. I hope the community finds this indicator useful. Top Hat Indicator. Discover your next trading tool now! The indicator is just kind of a simple Footprint SnapShot, which can be toggled by double clicking on the chart. Exported: NinjaTrader 8. The zone display in the screen shot uses this method. The bug has been confirmed by NinjaTrader developers and only fixed with the latest release NT 8. I may, in the future, add back the option to choose differing price values to start and end on, but you can still use V1 for that, if desired. Some examples are below. The tick volume indicator Better Volume colors the values of the Volumes indicator depending on the conditions being met. Bob Category NinjaTrader 7 Indicators. It can provide an edge if your trading commisions and spreads are minimal. The indicator comes with an option to display the regression bands. Export with 8. On up days, volume e. The exact formula for the weighting factor has the bar range replaced with the number of tick levels covered by the bar.
Also note: There is an NT7 custom mt5 macd breakout secret revealed trading system of the site. Quotes by TradingView. This can easily happen if a refresh has occurred without an intervening file name or collection parameter change. If the time left is less than 1 hour it will only display minutes and seconds otherwise it will display hours, minutes and seconds remaining. The smoothing period for each MA fast, mid, and slow can be set individually. It is adaptive if Period is less than 1 typically choose 0. Thank you Sharky wherever you are. For example, if a market is in a downtrend i. XML version. However, accuracy also depends on the chart resolution. Now,it is quite possible that the clone may be nothing like the original Jurik RSI. Those who export their chart data to Excel may find this column of data useful. The so-called arrow indicators for Thinkorswim are worth of being mentioned as. Help if anybody knows how fix it. Standard Keltner channels are built from a simple moving average SMA and two channels lines above and. It is a feature of eSignal charting which I used for many years and simply could not live without when I moved to NinjaTrader. Now the time only can be changed into the code. When enabled how to start day trading uk reverse strategy trading by defaultthe rules for contraction are as follows: Once the C or T Rema plot cross their respective midlines the indicator records best penny stock trading apps apps for iphone my experience with wealthfront for roth ira highest value and checks them against the outer or bright stock pharma futures spread trading guide line offset value as set by the user. Excellent work!!! This causes tick chart candles to be wrong.
If prices reach a new high but S-ROC traces a lower peak, it shows that the market crowd is less enthusiastic even though prices are higher. ThinkOrSwim Indicator: This indicator is fully functional with recent versions of ThinkOrSwim, if any issues are experienced please email support tothetick. The original indicator can be found here. After installing you can find the elliot wave tools under the drawing tools menu. I just multiplies Difference Histogram on set value. I have manually gathered volume data and performed the calculations to verify that the indicator is accurate. You can change the Box Color if you want to see all of the boxes forming. Trade well, Category The Elite Circle. Details: Export Chart Data to a. All the indicators are available if you have NT8. Top Hat Indicator. New Ratings. Used as an indicator of market sentiment or psychology to try to predict the market's Also, if you want to use volumes, you can use a volume histogram, and if higher volumes are printed on average during the creation of tick bars, it means the professionals are trading, lower volumes mean the amateurs are trading, and thus you can follow the professionals much easier combining tick charts and volume histograms.
If there are any CandleStick pattern experts out there that want to add patterns or find any errors with those already present, please let me know and perhaps we can make this even better. Works for me. It compares the average mass consensus today to the average consensus in the past. Like the relative strength index, it oscillates between zero cryptopia buy bitcoin issues with poloniex Quotes by TradingView. Therefore, by the sizes of tick volume it is quite possible to judge dynamics of actual volumes. Now the time only can be changed into the code. By doing so market fluctuations are for me at least more clearly defined. Having said that if you override the multiplier it doesn't matter. The irROCVolatility indicator displays the average of three different 10, 25, 35 ROC Rate-of-Change indicators to assist in highlighting directional bias while indicating increases and decreases in Volatility. This indicator is for NT-8, and was compiled with Version 8. That you have to load the 4 data series in the strategy itself for the indicator to access them when it's called. In this post you will learn how to read the NYSE Tick indicator to help time your trades better, resulting dollar kurs forex how to recover money from binary options more profit.
The early-onset trend detector works in current market conditions because there is a decided upside bias to the market data. Today's Posts. The indicator is called ShortyGetShort version 1. Please note that the expiry date is one of the parameters. The slope is not based on a geometrical concept, as this would not be compatible with the scalability of modern charting applications. However, accuracy also depends on the chart resolution. The OBV works by keeping a running tally on volume in accordance with the direction of a security. News is displayed in the upper left corner and is also shown as vertical lines on your chart. NET64 Version It is not unusual for me to "turn off" the bars themselves by making them transparent. It worked.. This was done because the Total histogram can be turned off. Compared to all standard moving averages, it is a more robust central tendency, because it is less sensitive to outliers. That is why I applied a sign reversal to the values in the code. Exported with NinjaTrader: 7. Note: The SuperTrend U11 has the trend exposed as a public property. It's primarily a scalping tool using a simple MACD cross. I'm not a programmer Here is the xml so you can have it also.
This version fixes the problems that I found in my use. Volume builds and once the buyers start outbidding the sellers, price will eventually follow. There is an option to have some of its data sent to the Output Window, so you can assure yourself it's working, in case you choose bars and days that take a very long time to calculate. This is not by any means a suggestion to trade!! Like the relative strength index, it oscillates between zero and Did you code these? This can be rectified by setting it to Log mode as shown in the screenshot. The volatility measure used to calculate the distance of upper and lower line from the center line can be derived from an average range AR or average true range ATR. In effect, the three components combine to form a momentum oscillator. Now,it is quite possible that the clone may be nothing like the original Jurik RSI. Or up or down. They can be used both to determine near term market movement. I just multiplies Difference Histogram on set value. Up to 3 non-contiguous ranges date ranges can be specified but must be in oldest to newest order. Works for me. But some folks had success using the indicator on minute charts. Thanks a bunch. For this reason quality data feeds will not show daily bars.
What it no longer will do, however, is allow you to measure the angle between High and Low or Median and Close or. When any of the aforementioned are satisfied the lines will appear. DiMinus 140 " expected: The indicator comes with paint bars and sound alerts. Citius pharma stock price live future trading can provide an edge if your trading commisions and spreads are minimal. The generalized concept has the SMA replaced with any of 30 moving averages. The ratio of stocks on an will coinbase add cardano what best bitcoin exchange versus the number of stocks on a down-tick present a short-term actionable data point. After download and before extracting you need to rename this file to "ES If you do so, it will, the other guy stock broker moive trading lower than book value best, show. The Forex trading volume indicator of has to evaluate correctly relative volume in dynamics: average, high or low in comparison with the previous bars. It is one of the easiest indicators to implement into any trading strategy and instantly see results. The tick volume indicator Better Volume colors the values of the Volumes indicator depending on the conditions being met. The colors of the paint bar will then show the slope of the moving average selected as center line. It is based on time, so cannot be used on non-time-based bars. Most people will not notice a difference so I edited the indie, left the name the same and just updated the file.
Discussions on anything thinkorswim or related to stock trading. Altering the MA periods or chart settings may help. Tick Viewer will immediately highlight those inconsistencies. This allows the indicator to work on tick charts. For a divergence to be detected in addition to the Net number and bar direction being opposite it must pass a percentage check. The lagging line or signal line is an exponential moving average EMA of the leading line. TradingView doesn't have a tick data charting feature, but MultiCharts does. Sorry for the confusion. Search title and description keywords Advanced Search. In answer to the question posted in the 2nd 'thanks', yes. I'm not a stats guy so I guessed at a mix of standard deviations and percentile for the thresholds and I've left these internal to the code. This indicator will automatically curve-fit a polynomial regression channel. When the indicator was developed in the s, the idea was that when volume decreases without an accompanying move in the security, a down move would soon expectedly follow. Upgrade to Elite to Download Price line alert indicator This indicator allows you to place price alerts in a very simple way. I find it helps when I can't understand what Delta is trying to tell me. I would like to be able to turn off some the fans and just play with the circles. I find that distracting. However, the new approach makes the task of coding RTH pivots for full session charts more complex. It gives fewer trading signals, and the quality of these signals is better. I hope someone will find it useful!
A typical characteristic of the early-onset trend detector is that it remains above zero, indicating an uptrend, far too long after the uptrend is. A print out of the initialization parameters and data collection statistics can optionally be displayed to the output window. The indicator is called ShortyGetShort version 1. Version 3 March 28 Optimized to prevent lag in fast markets if computer cannot keep up. It identifies the following events relative to the selected lookback period: Breakout or climax bars: A breakout or climax bar is a wide range high volume bar for which the the product "volume times range" is higher than for all preceeding bars of the lookback period. Upgrade to Elite to Download Market Acceleration Indicator Hi Traders, I find it necessary to make sure to stay out of the markets when they are "slow" vs "fast". I have copyfunds etoro review bitcoin live day trading a signal line to the indicator. If drive is not specified it defaults to the C: drive. The chart attached shows the min opening range on a tick chart to ES The sane default is 10 milliseconds. If prices reach a new high but S-ROC traces a lower peak, it shows that the market crowd is less enthusiastic even though prices are higher. VolumeFlowIndicator Description. I have included my favorites and the most frequently used draw objects by chart analysts. In conditions where the market has a downside bias, negative values of K should be used in the quotient transform to take advantage of the bias in this direction. The Opening Range Breakout Indicator makes trading simple! When changing the histogram bar sizes are inticators any good for day trading best stock tips website odd numbers as the bars are painted from the midpoints. Even though the headers are different with the exception of the additional columns the order is the ninjatrader strategy missing orders volume average and momentum thinkorswim therefore any Excel sheets you may have designed can still be used. Since volume is additive when the asset increases in price, the OBV will tend to follow the general trend of the market. Different instruments respond very differently to these settings. Linq; using PowerLanguage. For example, if you wish to display an accurate minute opening range for ES, you may only apply the indicator to 1-min, 2-min, 3-min, 5-min, min, min or min bars. Vertical Lines at times Plots a vertical line at best moving average for forex trading us citizens etoro specified time.
A wide pivot range follows after a trending day with a close near the highs or the lows. I use BetterRenko, but somewhile back changed the bar type from 17 to due to a clash. You might have to change the default color choices if you're using lighter colored chart backgrounds. A divergence marker Bar intraday best technical chart methods stash investment app fees is opposite the Net Volume can be indicated not enabled by default5. The magenta bar simply says that a magenta bulge is in progress. Tested on NT 8. Any coinbase crypto worth investing in ada exchange crypto the mid MA is requested with zero value for the period default will result in the mid period being calculated. Copy the code from here and paste it over whatever might already be in there 6. Upgrade to Elite to Download Wicks It's common for people to look at how large the upper or lower 'wicks' or 'shadows' are in comparison to the range of a bar.
I have uploaded a new indicator, RVOL relative volume , that has accurate calculations in it, based on my manual gathering of values and performing the calculations. For further details, please read the article by Sylvain Vervoort. The SuperTrend U11 can be set to revert intra-bar or at the bar close. Martin Zweig, the Breadth Thrust Indicator measures market momentum. The additional smoothing is obtained by further smoothing all plots with a 3-period simple moving average SMA. This Indicator does not have that issue so it will not tax your Terminal. A fast market will have very short durations of updates with values closer to 0. Bollinger Band and Keltner Channel Period may be customized. Tos tick indicator Before you start using the tick index to assist your trading system you should remember: The tick index is not a standalone indicator. Bottom line - when you see a load of these markers together - something is brewing!
Steve Category The Elite Circle. The colors of the paint forex robot academy day trade forex cynthia will then show the slope of the moving average selected as center line. Here's one I'd like to give to you for free! All of the other lines are adjusted as required. It has intraday trading tax calculator monero trading bot bugs, like the built in drawing calc tool, it calcs wrong of 1 Tick, not a big deal but. I don't researched all NT indicator methods yet, so it seems I have made a lot of surplus actions and rows, such as new data series for every calculation step. Try it on the major pairs and gold. Uploaded using NinjaTrader 8. For Historical Only, set up the data collection in the same way but depending on the amount of historical data being collected it may not necessary to run it in the background as it is relatively fast. This helps lead the beginning of consolidation. The moving median is a non-linear FIR finite impulse response filter that can be used like a moving average. In the example below, we see a market in an uptrend as identified by the period simple moving average. Details: CandleCode V1. I simply added [XmlIgnore ] and commented out [NinjaScriptProperty] for all the brush and font properties. If drive is not specified it defaults to the C: drive. Short and Long Breakout lines as determined by the user more. Quotes by TradingView. Vertical Lines at times Plots a vertical line at a specified time.
Call this Version 1. I'm not a stats guy so I guessed at a mix of standard deviations and percentile for the thresholds and I've left these internal to the code. The different period settings I used for the original project on a Daily chart were 10, 25 and 35 Days , and on a Weekly chart were 2, 5 and 7 Weeks. I use tick charts exclusively but i fail to understand what this indicator is used for? Upgrade to Elite to Download Wicks V1 It's common for people to look at how large the upper or lower 'wicks' or 'shadows' are in comparison to the range of a bar. A lookback period of 1 corresponds to a simple 4-period triangular moving average. The answer? Trading Reviews and Vendors. The value of X is input by the user.
All of the other lines are adjusted as required. I use hysteresis to clean up the signal. The default setting of the indicator is 60 minutes. This is an NT8 indicator, please see NT8 downloads for information and to download the indicator. This allows the indicator to work on tick charts. The pivot range is a symmetrical range around the main pivot PP. The Pro orders really work for me and I add in the Block orders for good measure. This is my first indicator modification, please let me know if you have issues importing. NOTE: Version 8. And those patterns repeat time and time again. All data points of each bar are used for the calculation in order to obtain the best possible result. You may end up sticking with, say, four that are evergreen or you may switch off depending on the asset you're trading or the market conditions of the day.
Not a complete trading system, but maybe a useful indicator to build something. This version of the SuperTrend can be set to revert intra-bar or at the bar close. The indicator uses paintbars for when the cumulative tick is rising or falling, hence the red or green bars. Details: Momentum of Cumulative Delta - broke in 8. This indicator is a price envelope that shows a moving finpari binary option broker cme group trading simulator line and dots for the outer envelope that are green or red, depending on 2 conditions: 1 whether price trading algo abc trading groups atlanta above or below the moving average 2 whether momentum is position or negative. Copy the code from here and paste it over whatever might already be in there 6. Day Trading Indicator Selection. Version 2 has current and historical values included for use in back testing and strategies. A Z-score of 0 indicates that the data point is identical with the arithmetic mean of the data set. Both indicators are widespread in the trading community, but they use different algorithms. The upper plot shows the angle between Low[3] and Low[0]. Any questions or comments, please feel free to contact me. The two lines above and below are drawn at a distance from the center line, a distance which is a multiple of the simple moving average of the ranges of the past N bars. The base code for this indicator was written and freely contributed NinjaTrader NT personnel. Uploaded here with thanks for all others' hard work on indicators and conversions provided - Japhro and Scotty Category NinjaTrader 8 Indicators and More. It was release separately rather than updating the existing one because of the experimenta l nature of some of the enhancements. We are looking inside the indicator to find patterns. The opening price is determined either from opening bar at thinkorswim drawing tools tc2000 stock free version open or from the first day. Those levels were based on my own analysis and screen time of vix futures trading system compare day trading platforms market being traded. It is believed that the money that predominantly moves markets — institutional funds — are most active on low volume days while retail traders and investors are most active on high volume days.
Setup: Video Instructions, Text instructions and all necessary files are on this page. Upturns of S-ROC mark significant bottoms, and its downturns mark important tops. The indicator comes with two different trend definitions - cross and thrust. They are shown in the separate window where they change from 0 to R1: Trader Contrax was having problems with autoscaling in his setup. As a consequence the middle prices of the lookback period have the greatest weight. The default color choices were based on my preferences for Black background charts, You will need to decide on your own preferences and then save them as a default on your platform. Version 2 has current and historical values included for use in back testing and strategies. I'm trying to migrate to Ninja as a platform, but this indicator's accuracy is crucial to my strategy and I can't get it to show the same values. But as new bars appear and close in the chart, old bars are pushed out of the chart to the left, and eventually, the fibonacci objects will redraw using the latest price data. It is exactly what many of us were looking for. Tested on NT 8. Suggestions welcome and glad to contribute. Category NinjaTrader 8 Indicators and More. If you find looking for negative numbers cumbersome, edit the indicator and reverse the LowerWick calculations, from either Low[0] - Open[0] or Low[0] - Close[0] to Open[0] - Low[0] or Close[0] - Low[0] , respectively. This can no longer be provided free of charge. Based on these values you may define cell conditions and show the signals as text with background color on the market analyzer. This newer version corrects that problem. Although the original NT version can be downloaded from an NT site is it packaged as part of the installation. When the indicator was developed in the s, the idea was that when volume decreases without an accompanying move in the security, a down move would soon expectedly follow.
The Z-score is calculated by dividing the absolute difference between a data point and the arithmetic mean by the standard deviation. The divergence marker has been moved from the Total histogram to the Net histogram. Note: this is Market Replay data for NinjaTrader 8. Hope you find some use for it. This version fixes the problems that I found in my use. Dynamic Overbought OB and Oversold OS channel lines based on historical values with a midline for each stratis technical analysis various types of charts in technical analysis by default. On down days, volume is subtracted from the indicator. Used as an indicator of market sentiment or psychology to try to predict the market's Also, if you want to use volumes, you can use a volume histogram, and if higher volumes are printed on average during the creation of tick bars, it means the professionals are trading, lower volumes mean the amateurs are trading, and thus you can follow the professionals much easier combining tick charts and volume histograms. I have manually gathered volume data and performed the calculations to verify that the indicator is accurate. Open up buy ethereum buy ethereum uk listing libra ninjascript output window to see the numbers as they are calculated. Details: DeltaMomentum - broke in 8. Adjustable visual settings. This indicator is intended to indicate the true direction of the trend replacing false signals with true ones. The regression channel will then be extended until tim sykes algorithim penny stock ren gold stock price last bar shown on the chart. The SuperTrend is a trend indicator, which can be used in various ways. Categories Show Search Help. Much less distracting clutter on the screen and I like things simple.
The indicator is working in real time, but does not paint the box until the breakout is confirmed 2bars. In this post you will learn how to read the NYSE Tick indicator to help time your trades better, resulting in more profit. If the Filter option is chosen without the Net plots being display the marker will only be display when there is a divergence on a filter value. All pivots are calculated from daily bars default setting or from the bar series that has been selected as input series. However, the NinjaTrader default indicator comes with a few limitations, which are adressed by this indicator: - The default indicator calculates the regression channel from the last bar loaded by OnBarUpdate. Winning nominations. However, historically that is challenging as it has been quite subjective. The paint bars are colored according to the slope of the center line. Special Thanks to MiniP for pointing this out, and bobwest for fixing it. I have only tested this chart on a ticksize of 1 seems to make the most sense to me anyway and putting it here for others to review. Better Volume indicator description. In fact there is no point in moving a trailing stop towards the current price intra-bar. Change Log Date The larger lookback period identifies stronger climax and churn bars, the smaller lookback period points to weaker climax and churn bars and is used to identify low volume bars. They are very easy to locate on the charts.
So to make life easieri created this add on. Whether you're trading options, forex, or crypto, you'll find the most effective indicator. Before proceeding, open the Indicator When td etf free trades small cap financial stocks tsx damping factor is set to 0, the Laguerre Filter becomes a finite impulse response FIR filter. You can plot one or both as hash marks on the bar. I have ported them from Easy Language to NinjaTrader. Did you code best stock for swing trading india fxcm demo account canada A divergence marker Bar close is opposite the Net Volume can be indicated not enabled by default5. This behavior is corrected when the Better Volume indicator is applied to "relative volume" instead of "absolute volume". This is my first indicator modification, please let me know if you have issues importing. DiMinus SMA 1140 " expected: This indie may have value as signaling an entry or exit, especially when used with other indies. I use tick charts exclusively but i fail to understand what this indicator is used for? Trade well, Category The Elite Circle.
I added the ability for the indicator to count how many times divergence's occur because its handy sometimes to see how different time periods affect divergence. More picky about trade signals The moving median over a lookback period N is calculated by writing the last N values of the input series to an array, sorting the array and selecting the middle value of that array. Accuracy: The indicator calculates both VWAP and volatility bands from the primary bars shown on the chart. For this I use my ZiggetyZag indicator. If there are any CandleStick pattern experts out there that want to add patterns or find any errors with those already present, please let me know and perhaps we can make this even better. Leave comments in the original thread provided below. It has some bugs, like the built in drawing calc tool, it calcs wrong of 1 Tick, not a big deal but still. You can use tick charts for the Forex markets and many of the traders that I have trained actually use my variation of indicators to trade the 6E, or the futures contract to trade the euro vs the dollar. It's plotted on tick charts and graphically displays the speed at which orders are appearing on the Time and Sales window. The ratio of stocks on an up-tick versus the number of stocks on a down-tick present a short-term actionable data point. Now, it'll simply use the values of whatever you put in the Input series field. Enjoy, Trade well. You might have to change the default color choices if you're using lighter colored chart backgrounds.