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There is no tick chart equivalent. Or letīs say, you have to try it out to see what best fill your needs.
The exchange does not have a chart, only gives you the Time and Sales list. Itīs your PC which creates a chart of this. Look at the image I attached. It shows how a chart is created from the T&S list. The equivalent of the T&S list would be a 1 Tick - Chart. From this your PC creates the time based chart (see image). The higher the timeframe the more to tick data is involved.
So one day you have bigger moves and a higher tick chart would be the best thing to see this, one day you get smaller moves which you can see better with smaller tick charts.
I use range 3 bars for EurUsd. Which are tick based rather than time based, if that's what you're asking TS. My journals shows 1 minute charts though because I enter trades on Oanda and use NT for charting.
I don't know that they give any actual edge which make them superior. What makes them superior, to me, is how clean it looks. Easier to read, you could say.
Someone mentioned that for a lot of traders use 5 minute charts and thus time based charts are better. In a sense I agree since presumably you have a better idea of what others are doing. Which is why I use the hourly chart to mark my major s/r areas.