Cumulative Tick
This is a script that I use to plot the cumulative TICKS. It resets at the beginning of the session (or whatever time is entered on the input variable) and then starts adding, or subtracting if negative).
Versionshinweise:
This version actually does what was intended. The old version was full of bugs
Versionshinweise:
Updated color of bar will be in relation to Moving Average and not whether it is above or below 0.
Fixed Moving Average bug
Fixed Moving Average bug
Versionshinweise:
Change Log:
More Info:
- The gap between the moving average and the cumulative tick is an improvement over previous versions. I use this spot changes in sentiment to plan my entry/exit. If the market is trending and the gap starts getting narrower (closer to zero) then I may start taking a few contracts off my position. If I am trying to play a countertrend trade, I may use the gap to start planning my entry.
- Updated to version 4 (from version 2)
- changed code-base to one that works on version 4. Thanks to PineCoders-LucF!
- Added a range for reset time
- added label to measure the gap between a moving average and the cumulative tick
More Info:
- The gap between the moving average and the cumulative tick is an improvement over previous versions. I use this spot changes in sentiment to plan my entry/exit. If the market is trending and the gap starts getting narrower (closer to zero) then I may start taking a few contracts off my position. If I am trying to play a countertrend trade, I may use the gap to start planning my entry.
Versionshinweise:
Fixed Average Gap