OPEN-SOURCE SCRIPT

TICK - Custom Tickers [Pt]

Updated

Traditionally, the TICK index is a technical analysis indicator that shows the difference in the number of stocks that are trading on an uptick vs a downtick in a particular period of time. This indicator allows user to choose up to 40 tickers to calculate TICK.

By default, it uses the SPY Top 40 stocks, but can be changed to any tickers.

There are options to show:
- Top 7 , ie. can be used for just showing TICK for FAANGMT => + + + + + +
- Top 10
- Top 20
- Top 30
- Top 40

Data can be displayed in candle bars, line, or both.

Enjoy~

Release Notes

Added Cumulative TICK mode and SMA option.
https://www.tradingview.com/x/fDgNjpMo/

Release Notes

Added Multi Timeframe options

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

PtGambler

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