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Indicator for Market TICK reading?


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    1. looks_one redratsal with 4 posts (2 thanks)
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  #11 (permalink)
 hector24 
austin, texas
 
Experience: Intermediate
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redratsal,
thanks for your kind progress on your coding for the tick indicator. i was wondering if there is anyway that the colors can be changed through the edit properties drop down. also can the markers on the negative level be on the bottom of the bar instead of the high of the bar. it seems to be working the way you have it on my charts but this is not during real time, i don't see why it wouldn't but will try tommorrow. this helps identify where we have broken the level lines instead of looking at the bar count. it also helps for entry on counter trend trades and continuation trades, at least for me anyways.

thanks alot,
hector


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  #12 (permalink)
 
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 redratsal 
Milan (I)
 
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hector24 View Post
redratsal,
thanks for your kind progress on your coding for the tick indicator. i was wondering if there is anyway that the colors can be changed through the edit properties drop down. also can the markers on the negative level be on the bottom of the bar instead of the high of the bar. it seems to be working the way you have it on my charts but this is not during real time, i don't see why it wouldn't but will try tommorrow. this helps identify where we have broken the level lines instead of looking at the bar count. it also helps for entry on counter trend trades and continuation trades, at least for me anyways.

thanks alot,
hector

Hi,

All the credit goes to BCNTrader, find attached the version with customized colors and CalculateOnBarClose=false (default) as requested. I also modified the low and extreme low default limits so you can see that the plots were correctly coded. Be aware that COBC (bar update on realtime) can be computer consuming as far as resources are concerned (if your PC is recent there should be no problems).

Al


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  #13 (permalink)
 ValLiant 
redding, CA
 
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i look at Tick similar to Fattails by placing a bollinger on it is can be a bit more adaptive ....the bband2 works nicely ... plus you can throw constant lines onto the indicator if you have specific levels you want to look at ... here is a quick pic ... also works nicely on Premium as well...


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  #14 (permalink)
 hector24 
austin, texas
 
Experience: Intermediate
Platform: ninja trader
Trading: currency futures
Posts: 505 since Jan 2011
Thanks Given: 14
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Redratsal and BCNTrader and anyone else who contributed,
It's great and working well. Just can't thank everyone enough.
What a great room, I put Big Mikes Trading Forum second to none and I have been to a ton of forums.

Once again thanks alot,

Hector


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Last Updated on April 29, 2011


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