OPEN-SOURCE SCRIPT
Actualizado TICK Grid (TheMas7er)
█ OVERVIEW
Shows the NYSE Tick Index, as it is used by TheMas7er.
This indicator has several customization options built-in that can be configured:
• Positive and negative threshold levels with show/hide option and color selection.
• Zero line with show/hide option and color selection.
• Bar colors are fully customizable.
• Symbol can be changed. Default is USI:TICK for the New York Stock Exchange.
Tick Indices are available in TradingView as a symbol - just like any other stock - which you can show on a chart.
This script adds a pane with your selected Tick Index, which can then be used as an indicator to make short-term trading decisions.
█ CONCEPTS
The Tick Index is a short-term barometer of internal market strength.
It shows the number of stocks trading on an uptick minus the number of stocks trading on a downtick, and is used by day traders to view the overall market sentiment at a given point in time.
It's categorized as a Breadth Indicator because it analyzes the "Breadth and Scope" of an entire Index.
Since the Tick Index measures the up/down ticks of a universe of stocks, any collection of stocks (market,index,...) could theoretically have it's own Tick Index.
Some of the major Tick Indices are:
• USI:TICK for the New York Stock Exchange
• USI:TICKQ for Nasdaq
• USI:TICKI for the Down Jones
Shows the NYSE Tick Index, as it is used by TheMas7er.
This indicator has several customization options built-in that can be configured:
• Positive and negative threshold levels with show/hide option and color selection.
• Zero line with show/hide option and color selection.
• Bar colors are fully customizable.
• Symbol can be changed. Default is USI:TICK for the New York Stock Exchange.
Tick Indices are available in TradingView as a symbol - just like any other stock - which you can show on a chart.
This script adds a pane with your selected Tick Index, which can then be used as an indicator to make short-term trading decisions.
█ CONCEPTS
The Tick Index is a short-term barometer of internal market strength.
It shows the number of stocks trading on an uptick minus the number of stocks trading on a downtick, and is used by day traders to view the overall market sentiment at a given point in time.
It's categorized as a Breadth Indicator because it analyzes the "Breadth and Scope" of an entire Index.
Since the Tick Index measures the up/down ticks of a universe of stocks, any collection of stocks (market,index,...) could theoretically have it's own Tick Index.
Some of the major Tick Indices are:
• USI:TICK for the New York Stock Exchange
• USI:TICKQ for Nasdaq
• USI:TICKI for the Down Jones
Notas de prensa
Bugfix: up/down candle colors were inverted.Notas de prensa
Updated chart to reflect correction of up/down candle colors that were inverted.Notas de prensa
Updated chart to show the 1 minute timeframe.Notas de prensa
Bugfix: Ticker was hard-coded, and didn't change with the input selection.h/t to mojotv1 who was the first to notice and report this obvious mistake.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.