▋ INTRODUCTION : The “Time and Sales” (Tape) indicator generates trade data, including time, direction, price, and volume for each executed trade on an exchange. This information is typically delivered in real-time on a tick-by-tick basis or lower timeframe, providing insights into the traded size for a specific security.
_______________________ ▋ OVERVIEW:
_______________________ ▋ Volume Dynamic Scale Bar: It's a way for determining dominance on the time and sales table, depending on the selected length (number of rows), indicating whether buyers or sellers are in control in selected length.
#Section Two: Technical Settings (1) Implement By: Retrieve data by (1A) Lower Timeframe: Fetch data from the selected lower timeframe. (1B) Live Tick: Fetch data in real-time on a tick-by-tick basis, capturing data as soon as it's observed by the system. (2) Length (Number of Rows): User able to select number of rows. (3) Size Type: Volume OR Price Volume.
_____________________ ▋ COMMENT: The values in a table should not be taken as a major concept to build a trading decision.
Please let me know if you have any questions. Thank you.
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Updates
Improved iteration; now it should work fine with a high timeframe.
Amended the Dynamic Volume Bar.
Added total up & down volume.
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The bug corresponding to the new bar is fixed.
リリースノート
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Updates
Amended "Live Tick" mode iteration. It should be faster.
thank you for the script! I would also suggest to have an option to filter the volume. When I was on TOS, they had an option of minimum shares displayed, eg 500, 1000, 5000 etc. This would allow to filter out the smaller orders which some traders might be not interested in. Very nice work!
bgcarp
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Thank you for the script! I also would suggest an option to filter out data for orders below a chosen volume.
The_lurker
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you are a hero
Very nice work, I wish you could delete the time column because it is not useful
MUQWISHI
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@The_lurker, I appreciate your feedback, but timing is the main part of recording the incoming volumes.
The_lurker
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@MUQWISHI, Yes, it is true, more than wonderful work. I have a suggestion for you to make an indicator based on large Bitcoin transactions. For example, transactions larger than 100,000 to 250,000 will appear in a certain color, from 205,000 to 500,000 in another color, and from 500,000 to 1 million in a new color. This shows us the entry and exit of liquidity from Bitcoin
Thank you
david_albalat
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Thanks for your script! It cuould be interesting to add a volume size filter.
sam_m400
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One more thing.. Is it possible to add any scroll as if i select 35 length not able to see all the 35 in one screen with size = Auto or small as well ..is any way i can see all the 35 length by some way of scroll..
sam_m400
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nice script.. Can you please add total as well ? Means total buy and sell in the top ..It is really helpful as we know is buying are dominating or sellers are dominating in that Length (currently default is 35) you gave which we can adjust and see ..Thanks.
MUQWISHI
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@sam_m400, I'll consider this. Thank you for your feedback.