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Tick Chart

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Hello All,

Tick Chart is created using ticks and each candlestick in Tick Chart shows the price variation of X consecutive ticks (X : Number of Ticks Per Candle). for example if you set Number of Ticks Per Candle = 100 then each candlestick is created using 100 ticks. so, Tick Charts are NOT time-based charts (like Renko or Point & Figure Charts). Tick is the price change in minimum time interval defined in the platform. There are several advantages of Tick Charts. You can find many articles about Tick Charts on the net.

Tick Chart only works on realtime bars.

You can set "Number of Ticks Per Candle" and "Number of Candles" using options. You can change color of body, wicks abd volume bars as well.

The script shows current, minimum, maximum and average volumes. it also shows OHLC values on the last candle.

Tick Chart using different number of ticks