OPEN-SOURCE SCRIPT

Cumulative TICK Session Tracker

Introduction
The Cumulative TICK Session Tracker is an advanced indicator that combines real-time cumulative TICK data with clear session markers to provide a complete view of intraday sentiment and trading session transitions. It visually highlights bullish and bearish market trends while resetting at the start of each new trading day.

How It Works
Cumulative TICK Calculation:

TICK values are accumulated bar-by-bar throughout the trading session.
At the start of each new session, the cumulative TICK resets to zero for a clean daily view.
Session Separators (EOD Lines):

Vertical dotted gray lines mark the start of each trading session (09:30 EST), making session transitions visually clear.
Bar Coloring:

Blue Bars: Indicate rising cumulative TICK values (bullish sentiment).
Red Bars: Indicate falling cumulative TICK values (bearish sentiment).
Optional SMA (Simple Moving Average):

A white SMA line can be applied to smooth out cumulative TICK trends, helping traders identify the broader sentiment.
Key Features
Cumulative TICK Calculation:

Accumulates TICK data intraday and resets at the beginning of each new session.
Session Separators (EOD Lines):

Automatically places vertical dotted lines to highlight the start of new trading days.
Clear Visuals:

Blue bars for rising cumulative TICK values.
Red bars for falling cumulative TICK values.
Optional Moving Average:

Smooth out cumulative data for better trend analysis with a configurable SMA.
Displayed Elements
Cumulative TICK Bars:

Blue: Positive momentum (rising cumulative values).
Red: Negative momentum (falling cumulative values).
Session Separators:

Vertical gray dotted lines that clearly mark the start of each trading session.
SMA Line (Optional):

A white moving average line for smoother cumulative TICK trends.
Use Cases
Intraday Market Sentiment:

Monitor the cumulative TICK for sustained upward or downward movement, signaling bullish or bearish trends.
Session Analysis:

Clearly distinguish daily TICK trends with session markers.
Trend Confirmation:

Use blue and red bars to visually confirm market momentum throughout the trading day.
Smoothed Trends:

Enable the optional SMA line to reduce noise and analyze broader intraday sentiment.
Advantages
Session Clarity: EOD lines cleanly separate daily sessions for easy analysis.
Visual Sentiment Detection: Instantly identify bullish (blue) and bearish (red) sentiment.
Customizable Moving Average: Optionally smooth cumulative trends for clearer signals.
Intraday Precision: Designed for real-time TICK analysis with automatic session resets.
Summary
The Cumulative TICK Session Tracker is a powerful tool for intraday traders, providing a clear visualization of cumulative market sentiment and session transitions. By combining TICK accumulation with session markers and intuitive bar coloring, it helps traders monitor intraday trends, identify momentum shifts, and make confident trading decisions.

Follow me for updates and more: TraderNautilus 🚀
breadthBreadth IndicatorsCUMcumulativeintradaymarketTICKTrend AnalysisVolume Profile

סקריפט קוד פתוח

ברוח TradingView אמיתית, מחבר הסקריפט הזה פרסם אותו בקוד פתוח, כך שסוחרים יוכלו להבין ולאמת אותו. כל הכבוד למחבר! אתה יכול להשתמש בו בחינם, אבל השימוש החוזר בקוד זה בפרסום כפוף לכללי הבית. אתה יכול להכניס אותו למועדפים כדי להשתמש בו בגרף.

רוצה להשתמש בסקריפ זה בגרף?


גם על:

כתב ויתור