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Date/Time: Thu, 28 Mar 2024 11:11:01 +0000



Ticks per second

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[2023-12-26 22:56:33]
User61168 - Posts: 318
Great. Want to implement this feature in your collection? This could be a good edge to gain directional bias as well.
[2023-12-26 23:22:37]
Sawtooth - Posts: 3952
Take a look at this Study Collection I made.
It is intended to be applied to a chart with a Bar Period Type of 'Price Changes Per Bar', and a Bar Period Value of 1.

It finds the bar direction, which is the same as UpTick/DownTick because the Bar Period is 1.
Then it sums the UpTicks and DownTicks for the last 10 bars. (You can edit the formula for a different lookback.)
Then it subtracts the UpTick count from the DownTick count and draws a histogram.
(If you don't see the histogram, do a Chart Recalc.)

There are several things you could do with the Sums:
- Subtract them and draw a histogram, as in the Study Collection.
- When UpTicks are greater than DownTicks, mark the price bars with Background Transparent. Same for the opposite.
- Replicate the Sum pairs to create several different lookbacks, then sum their differences to draw a histogram, or mark price bars when all are in one direction.
Date Time Of Last Edit: 2023-12-26 23:23:34
attachmentUpTicks DownTicks sum for n bars+.StdyCollct - Attached On 2023-12-26 23:22:09 UTC - Size: 80.39 KB - 124 views
[2023-12-27 07:31:25]
User61168 - Posts: 318
There are several things you could do with the Sums:

...

Editing this post as YTD results of what I had posted is not as good. Back to the drawing board :-
Date Time Of Last Edit: 2023-12-28 11:26:57

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