This is a script that I use to plot the cumulative TICKS. It resets at the beginning of the session (or whatever time is entered on the input variable) and then starts adding, or subtracting if negative).
Note di rilascio
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This version actually does what was intended. The old version was full of bugs
Note di rilascio
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Updated color of bar will be in relation to Moving Average and not whether it is above or below 0.
Fixed Moving Average bug
Note di rilascio
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Change Log:
Updated to version 4 (from version 2)
changed code-base to one that works on version 4. Thanks to PineCoders-LucF!
Added a range for reset time
added label to measure the gap between a moving average and the cumulative tick
More Info: - The gap between the moving average and the cumulative tick is an improvement over previous versions. I use this spot changes in sentiment to plan my entry/exit. If the market is trending and the gap starts getting narrower (closer to zero) then I may start taking a few contracts off my position. If I am trying to play a countertrend trade, I may use the gap to start planning my entry.
Thank you for the script! i have two questions: does "0930-1000" mean it calculates new tick cumulatives for only 9:30AM to 10AM? shouldn't it be "0930-1600"? Thanks in advance.
I just realized that there is a major flaw on this code. I guess my EasyLanguage skills didn't translate well to Pine.
Since I can't post a new version of the code, I am just posting the code above. Feel free to just copy paste into the PineEditor (use the help function and if you still have questions, please feel free to post here).
@Investorito, I'd love to try this V3 of your script, but it's producing errors that I can't resolve. Perhaps that's due to the Pine version changing since this code was written?
i have two questions: does "0930-1000" mean it calculates new tick cumulatives for only 9:30AM to 10AM? shouldn't it be "0930-1600"?
Thanks in advance.