OPEN-SOURCE SCRIPT
3s vs 10s Up/Down
//version=5
indicator("3s vs 10s Up/Down", overlay=true, scale=scale.none)
three_sec_diff = close - request.security(syminfo.tickerid, "3S", close[1])
ten_sec_diff = close - request.security(syminfo.tickerid, "10S", close[1])
faster_up = three_sec_diff > ten_sec_diff
faster_down = three_sec_diff < ten_sec_diff
col = faster_up ? color.green : faster_down ? color.red : color.gray
// Plot a shape at the top of each bar
plotshape(series=true, location=location.top, color=col, style=shape.circle, size=size.large, title="Speed Tick Light")
// Optional: only display on the last bar for dashboard style light
show_light = barstate.islast
plotshape(series=show_light, location=location.top, color=col, style=shape.circle, size=size.huge, title="Current Tick Light")
indicator("3s vs 10s Up/Down", overlay=true, scale=scale.none)
three_sec_diff = close - request.security(syminfo.tickerid, "3S", close[1])
ten_sec_diff = close - request.security(syminfo.tickerid, "10S", close[1])
faster_up = three_sec_diff > ten_sec_diff
faster_down = three_sec_diff < ten_sec_diff
col = faster_up ? color.green : faster_down ? color.red : color.gray
// Plot a shape at the top of each bar
plotshape(series=true, location=location.top, color=col, style=shape.circle, size=size.large, title="Speed Tick Light")
// Optional: only display on the last bar for dashboard style light
show_light = barstate.islast
plotshape(series=show_light, location=location.top, color=col, style=shape.circle, size=size.huge, title="Current Tick Light")
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.