Count of intraday ticks

• 11/10/2016 at 5:02 PM #16330
  Ezio

  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

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  tick = 0 if (time - time[1]) <= 1500 then TICK = 1 endif return TICK

   

  

  Ezio

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  11/10/2016 at 6:17 PM #16339
  Nicolas

  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.

  

  Nicolas

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

  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?

  

  Ezio

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

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

  

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

  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"

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  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"

   

  

  Ezio

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  11/12/2016 at 11:49 AM #16412
  Nicolas

  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"

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  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 .

   

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  Paul, cantillon

  

  Nicolas

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  02/27/2021 at 3:01 PM #162714
  Paul

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

   

  

  Paul

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

  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

  

  Paul

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

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

  

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

  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"

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  //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"

   

   

   

   

  

  Paul

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