Tick Volume indicator for Forex markets with IG

• 03/20/2018 at 10:22 AM #65812
  Frans Botha

  Hi all I would appreciate it if anyone could assist me with my query.

  I use Prorealtime with IG and as you know there is no volume for the forex markets.

  Query: Since we do get a tick by tick datastream and the tick chart works for forex markets

  is it possible to build your own tick volume indicator, by simply indicating how many ticks there was in a chosen timeframe (Example. 5Min or 30Min)

  Is it possible to do this? and what will the code be to see how many ticks?

  Thanks for the great website
  Regards

  Francois

  

  Frans Botha

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  03/20/2018 at 10:44 AM #65817
  Nicolas

  So basically, you want to know how many ticks there was in a single 5 minutes bar, for instance?

  

  Nicolas

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  03/20/2018 at 10:47 AM #65818
  Frans Botha

  Hi Nicolas, Yes that is correct.

  

  Frans Botha

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  03/20/2018 at 10:55 AM #65822
  Frans Botha

  I should rather say “Tick indicator” as there wont be any volume with the tick.

   

   

  

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  03/20/2018 at 3:26 PM #65871
  Nicolas

  I don’t have any tips to code this because variables are constantly reset to 0 at each new tick received in the same bar, so counting ticks is not possible..

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  Nicolas

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  03/20/2018 at 4:40 PM #65879
  Frans Botha

  Thats ok.

  Thanks for your assistance Nicolas.

   

  

  Frans Botha

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  03/20/2018 at 4:55 PM #65881
  Nicolas

  There maybe a possibility but with a tick by tick chart, that would mean to constantly have a tick by tick chart open with a specific indicator attached on it. Let me know if it could suit your needs or not.

  

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  03/21/2018 at 6:07 AM #65922
  Frans Botha

  Yes that could work, would like to test it if possible.

  

  Frans Botha

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  03/21/2018 at 10:20 AM #65939
  Nicolas

  I made this one, but it is specific for instruments with Volumes: Cumulative Volume Delta with periods

  Let me adapt this code to delete all volumes references and count only ticks on each side.

  

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  03/21/2018 at 10:32 AM #65945
  Frans Botha

  Great, thanks

  

  Frans Botha

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  03/21/2018 at 10:35 AM #65946
  Nicolas

  Please find below the “ticks only” version:

  //PRC_CumulativeTicksWithPeriods | indicator //21.03.2018 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings iminutes = 5 // in minutes quantity // --- end of settings newperiod = minute<>minute[1] if newperiod then count=count+1 endif if count=iminutes then count=0 tickp=0 tickm=0 endif if close>last then tickp = tickp+abs(close-last) last=close elsif close<last then tickm = tickm+abs(close-last) last=close endif delta = tickp-tickm return tickp coloured(0,200,0,50) style(histogram) as "Positive ticks", -tickm coloured(200,0,0,50) style(histogram) as "Negative ticks", delta as "Ticks Delta"

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  //PRC_CumulativeTicksWithPeriods | indicator //21.03.2018 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge   // --- settings iminutes = 5 // in minutes quantity // --- end of settings   newperiod = minute<>minute[1] if newperiod then count=count+1 endif   if count=iminutes then count=0 tickp=0 tickm=0 endif     if close>last then tickp = tickp+abs(close-last) last=close elsif close<last then tickm = tickm+abs(close-last) last=close endif   delta = tickp-tickm     return tickp coloured(0,200,0,50) style(histogram) as "Positive ticks", -tickm coloured(200,0,0,50) style(histogram) as "Negative ticks", delta as "Ticks Delta"

   

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  03/21/2018 at 11:03 AM #65960
  Frans Botha

  Thanks Nicolas, i will test it and give you feedback

  

  Frans Botha

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  03/21/2018 at 3:14 PM #65995
  Frans Botha

  Modifying and testing it to see if i can get a ‘near match’ to the tick volume

  from another trading platform that displays Forex tick volume

  Not successful yet, but the code helped a lot as a template to build from

  Thanks for the assistance Nicolas

  

  Frans Botha

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  04/17/2020 at 1:48 PM #126548
  DPHTRADER

  Hi Frans

  Did you mange to get a ‘near match’ to the tick volume

  from another trading platform.

  Many Thanks

  

  DPHTRADER

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  08/08/2020 at 2:37 PM #141158
  Kodiak

  Hi Frans. Did you have any luck creating a volume chart from the tick data? My broker doesn’t provide volume for forex and commodities. If I can’t find a solution, I’ll have to abandon PRT for automated trading.

  

  Kodiak

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