OPEN-SOURCE SCRIPT
更新済 TICK Charting & Divergences
Overview
The TICK index measures the number of NYSE stocks making an uptick versus a downtick. This indicator identifies divergences between price action and TICK readings, potentially signaling trend reversals.
Key Features
TICK Internals Interpretation
Best Practices
Settings Optimization
Warning Signs
Remember: TICK divergences are not guaranteed signals. Always use proper risk management and combine with other technical analysis tools.
The TICK index measures the number of NYSE stocks making an uptick versus a downtick. This indicator identifies divergences between price action and TICK readings, potentially signaling trend reversals.
Key Features
- Real-time TICK monitoring during market hours (9:30 AM - 4:00 PM ET)
- Customizable smoothing factor for TICK values
- Regular and hidden divergences detection
- Reference lines at ±500 and ±1000 levels
- Current TICK value display
TICK Internals Interpretation
- Above +1000: Strong buying pressure, potential exhaustion
- Above +500: Moderate buying pressure
- Below -500: Moderate selling pressure
- Below -1000: Strong selling pressure, potential exhaustion
Best Practices
- Use in conjunction with support/resistance levels, market trend direction, and time of day.
- Higher probability setups with multiple timeframe confirmation, divergence at key price levels, and extreme TICK readings (±1000).
Settings Optimization
- Smoothing Factor: 1-3 (lower for faster signals)
- Pivot Lookback: 5-10 bars (adjust based on timeframe)
- Range: 5-60 bars (wider for longer-term signals)
Warning Signs
- Multiple failed divergences
- Choppy price action
- Low volume periods
- Major news events pending
Remember: TICK divergences are not guaranteed signals. Always use proper risk management and combine with other technical analysis tools.
リリースノート
Updated with better chart image.リリースノート
Updated naming in indicator pane.オープンソーススクリプト
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。