On every bar, everything gets reset. During bar development, every time there is an update (tick), a dot is placed. If for example there is 1 tick (first of new bar), a dot will be placed on 1, if it is the 8th tick off that bar, there will be a dot placed on 8.
Colours: - if price is higher than previous tick price -> green - if price is lower than previous tick price -> red - otherwise -> blue (dimmed)
Because of the maximum allowed amount of plot's, I only can plot max. 32 dots, so max. 32 ticks.
Therefore this script is only useful on a 1 sec or 5 sec chart.
Otherwise, all ticks - updates more than 32/bar won't be displayed.
Frankly, I'm not sure about the benefit for trading, this script can be seen more as exploring what is out there.
Cheers!
Informacje o Wersji
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I've changed the script so you can set different scripts on top of each other.
Each script is limited to max 32 ticks/updates per bar, so if one bar has max 32 ticks/updates, 1 script is enough (ex. 1s or 5s) In this example (1 minute TF), 1 bar has a lot more ticks/updates.
Now you can set for example 5 scripts on top of each other, - the first one is set at 'start' 1 -> from tick 1 to 32 (the script counts 31 lines/ticks/updates above 'start') - following is set 'start' 33, from tick 33 to 64 - next -> 65 to 96 - next -> 97 to 128 - next -> 129 to 160
In this way we can go to 160 ticks/update, which means, in this case, a 1 minute TF can show all ticks per bar
5 minutes won't be possible with highly traded markets, you would need 25 scripts or so, they would be squeezed together, making it illegible
"Frankly, I'm not sure about the benefit for trading, this script can be seen more as exploring what is out there." I think every indicator needs headline!
@fikira, I mean, when we look at all the scripts and indicators here, 99% of them aren't beneficial, right?
fikira
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@kakola, Scripts can be made to stimulate coding, give a helping hand to Pine Script coders, inspire, educate, give new idea's,... These publications are not only meant to give away indicators that can be used for trading.
You're not obliged to read them, thank you
kakola
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@fikira, Very true. Don't take any offense from these comments personally. Your script is amazing and wonderful.
fikira
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@kakola, Non taken, That's very kind of you, thank you!