Time & Sales (Tape) [By MUQWISHI]

29. Nov. 2023

▋ INTRODUCTION :
The “Time and Sales” (Tape) indicator generates trade data, including time, direction, price, and volume for each executed trade on an exchange. This information is typically delivered in real-time on a tick-by-tick basis or lower timeframe, providing insights into the traded size for a specific security.

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▋ OVERVIEW:


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▋ Volume Dynamic Scale Bar:
It's a way for determining dominance on the time and sales table, depending on the selected length (number of rows), indicating whether buyers or sellers are in control in selected length.


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▋ INDICATOR SETTINGS:
#Section One: Table Settings



#Section Two: Technical Settings

(1) Implement By: Retrieve data by
  (1A) Lower Timeframe: Fetch data from the selected lower timeframe.
  (1B) Live Tick: Fetch data in real-time on a tick-by-tick basis, capturing data as soon as it's observed by the system.
(2) Length (Number of Rows): User able to select number of rows.
(3) Size Type: Volume OR Price Volume.

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▋ COMMENT:
The values in a table should not be taken as a major concept to build a trading decision.


Please let me know if you have any questions.
Thank you.

21. Dez. 2023

Versionshinweise

Updates

• Improved iteration; now it should work fine with a high timeframe.
  
• Amended the Dynamic Volume Bar.
  
• Added total up & down volume.
  

25. Dez. 2023

Versionshinweise

The bug corresponding to the new bar is fixed.

2. Jan. 2024

Versionshinweise

Updates

• Amended "Live Tick" mode iteration. It should be faster.
• Improved the coloring and styling.
  
• Added table border.
  
• Reorganized the indicator settings.
  

3. Jan. 2024

Versionshinweise

Number of digits updated for values

25. Apr.

Versionshinweise

- Made some improvements to the code and rewrote the script in Pine Script v6.
- Changed the table size scale to be adjusted numerically.
- Improved the movement of Dynamic Volume Scale.
- In this version, the indicator utilizes the
Timezone Library. A huge thanks to n00btraders for effort and well-organized work.