Count of intraday ticks

Ezio · 2016-11-10T16:02:19+00:00

Hi all, I am fairly new to the forum. I posted this request as reply to another post but probably the wrong place. Do you know if there is a way in PRC of reading/counting intraday ticks? The best I could do is to build the below indicator to be applied to an (x)ticks chart. This way I can see when the number of ticks in a certain amount of time have exceeded a defined threshold (say 15 mins as in the code below). However this indicator lacks a fundamental information: direction. Any way that I can read Up and DOWN ticks from the “tick by tick” list? Ezio tick = 0 if (time - time[1]) <= 1500 then TICK = 1 endif return TICK

Viewing 10 posts - 1 through 10 (of 10 total)

Author

Posts
11/10/2016 at 5:02 PM #16330 quote
Ezio
Participant

New
Hi all, I am fairly new to the forum. I posted this request as reply to another post but probably the wrong place.

Do you know if there is a way in PRC of reading/counting intraday ticks? The best I could do is to build the below indicator to be applied to an (x)ticks chart. This way I can see when the number of ticks in a certain amount of time have exceeded a defined threshold (say 15 mins as in the code below). However this indicator lacks a fundamental information: direction. Any way that I can read Up and DOWN ticks from the “tick by tick” list?

Ezio
```
tick = 0
if (time - time[1]) <= 1500 then
TICK = 1
endif
return TICK 
```
11/10/2016 at 6:17 PM #16339 quote

Nicolas
Keymaster

Legend

You can store the Close value each tick received in a variable and test if the current one is above or below the last stored one. Then you could count positive and negative variation.

11/10/2016 at 6:37 PM #16341 quote

Ezio
Participant

New

Thanks Nicolas for the fast reply. How do I do that? Only thing that comes to mind is to setup a 1-tick chart and do the count. Is there a more efficient way?

11/11/2016 at 2:50 PM #16381 quote

Nicolas
Keymaster

Legend

New Close[0] means new tick received in real time only.

11/11/2016 at 8:18 PM #16397 quote
Ezio
Participant

New
Hi Nicolas,

Thanks for the advice. I have now incorporated that close[0] value in the code.

The problem I am facing is that I do not know how to store the close[0] value to be able to compare it with the the previous one. In the code below DELTA is measured between latest tick and previous bar close which is not what I am shooting for.

My final objective is to create an indicator that counts UP and DOWN ticks in a given amount of time (i.e. 5, 10, 15 minutes). Any other suggestions?
```
tickUP = 0
tickDOWN = 0

MyTick = Close[0]

Delta = close[0] - close[1]

if Delta > 0 then
tickUP = tickUP + 1
elsif Delta < 0 then
tickDOWN = tickDOWN - 1
endif

return Delta as "Delta", close[0] as "close[0]", close as "close", tickUP as "UP", tickDOWN as "DOWN", MyTick as "MyTick"
```
11/12/2016 at 11:49 AM #16412 quote
Nicolas
Keymaster

Legend
You can try it like this instead:
```
once tickUP = 0
once tickDOWN = 0
once lastsaved = close

Delta = close - lastsaved

if Delta > 0 and close<>lastsaved then
 tickUP = tickUP + 1
 lastsaved = close
elsif Delta < 0 and close<>lastsaved then
 tickDOWN = tickDOWN - 1
 lastsaved = close
endif

return tickUP as "UP", tickDOWN as "DOWN"
```
Market is close so I can’t test it. Next is to find a way to reset tickUP and tickDOWN on a time basis you have to define yourself .

cantillon and Paul thanked this post
02/27/2021 at 3:01 PM #162714 quote

Paul
Participant

Master

this code is interesting and it perhaps could supplement a fast paced strategy if the reset is properly used

03/01/2021 at 3:50 PM #162874 quote

Paul
Participant

Master

here are 2 examples of a reset based on priceaction.

Because it reset, the scale is limit from about -10 to +10 and especially the spikes are interesting points.

It’s tested on the dow 10s tf

Tickdirection.itf Screenshot-2021-03-01-at-15.44.58.jpg Screenshot-2021-03-01-at-15.36.29.jpg

03/01/2021 at 4:12 PM #162879 quote

Nicolas
Keymaster

Legend

array variables don’t reset, there are examples: array variables availability in ProRealTime: examples and discussions

03/01/2021 at 4:53 PM #162884 quote
Paul
Participant

Master
I have no experience in array’s, but the code doesn’t use array’s.

It’s based on your code from 2016, just added a reset to 0 when certain priceaction appears.
```
//Heikin Ashi candlestick definition according Investopedia, tested with the default values of Heiki Ashi bar values within PRT

once a1=2 //method //1-2
once a2=14 //period //2-5
once a3=2 //AVGtick

if barindex < 1 then
HOpen = open
HClose = close
HHigh = high
HLow = low
else
HOpen = 0.50 * (hOpen[1]+hClose[1])
HHigh = max(HOpen,max(high,Close))
HLow = min(HOpen,min(low,Close))
HClose = 0.25 * (Open+Close+Low+High)
endif

AvHA = average[a2]((HOpen+HHigh+HLow+Hclose)/4)

// conditions

once tickUP = 0
once tickDOWN = 0
once lastsaved = close

Delta = close - lastsaved

if method=1 then
if close>highest[a2](high)[1] then
tickdown=0
elsif close<lowest[a2](low)[1] then
tickup=0
endif
elsif method=2 then
if AvHA > AvHA[1] then
tickdown=0
elsif AvHA < AvHA[1] then
tickup=0
endif
endif

if Delta > 0 and close<>lastsaved then
tickUP = tickUP + 1
lastsaved = close
elsif Delta < 0 and close<>lastsaved then
tickDOWN = tickDOWN - 1
lastsaved = close
endif

tickavg=(tickup+tickdown)/2
tick2avg=average[a3](tickavg)

if tick2avg > tick2avg[1] then
r = 51 //51  128
g = 125 //125  128
b = 79 //79  128
else
r = 192 //192  48
g = 0 //0  84
b = 0 //0  150
endif

RETURN tick2avg coloured(r,g,b) style(line,1) as "tick2avg"
```
Author

Posts