Tick Volume Direction Indicator

3 Des 2023

Tick Volume Direction Indicator

This indicator captures:
• tick volume
• tick direction

The settings are as follows:
• volume or base currency value selection.
• label distance (away from the low of the candle).
• Tick volume - on/off switch for tick volume.
• label size.
• Up tick move color.
• tick move absorbed - when the tick doesn't change position.
• Down tick move.

On the first initial load, it will have the existing volume data as "?" as tradingview doesn't have a history of each tick.

Be aware, any settings change you make will refresh the tick data from start.

This indicator is one of the best real-time ways of seeing buying and selling pressure.

3 Des 2023

Catatan Rilis

label size works correctly.

3 Des 2023

Catatan Rilis

(fixed label size)

3 Des 2023

Catatan Rilis

fixed issue when changing timeframes.

3 Des 2023

Catatan Rilis

minor adjustment. You should not see any negative values.
If you see any negative values. Let me know.

3 Des 2023

Catatan Rilis

extended amount of labels that can be displayed.

5 Des 2023

Catatan Rilis

re-wrote the logic.
Errors still might appear if you change timeframes frequently.
(you should not be seeing negative values, if you do then an error has occurred)

Based on how pine script operates with tick based data,
to avoid errors, it is advisable to:
• select your timeframe
• load the script
• adjust your settings
and leave it there for it to update.
If you need to change timeframes, it's advisable to repeat the steps.

20 Des 2023

Catatan Rilis

added percentage increase/decrease.

20 Des 2023

Catatan Rilis

hopefully fixed crashing if anyone else was having crashing.

22 Des 2023

Catatan Rilis

rewrote the entire script.
added some extra features like the on / off options for each text item. Fixed a previous error where it would fail to load due to missing data (hopefully).
added an option to use decimal places for the values when dealing with fractional volume or dollar value.