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Symbol DownTicks - MultiCharts
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Symbol DownTicks

Revision as of 13:10, 1 March 2012 by Admin (talk | contribs) (→‎Usage)
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Returns the total number of Down ticks for the current bar if Build Volume On is set to Tick Count.

Returns the total Down volume for the current bar if Build Volume On is set to Trade Volume.

A down tick is a tick with the price lower than the preceding tick, and down volume is the volume traded on down ticks.

With Build Volume On is set to Tick Count:

  • the value of 1 will be returned for 1-tick charts
  • the total number of Down ticks in the current bar will be returned for multi-tick, volume, and time-based charts

With Build Volume On is set to Trade Volume:

  • the Down volume of the current tick will be returned for 1-tick charts
  • the total Down volume of the current bar will be returned for multi-tick, volume, and time-based charts

Note

  • Most data feeds provide only a limited history of tick and volume data; storing real-time feed data will ensure the availability of historical tick and volume data
  • The range of returned values is not limited by the MaxBarsBack setting. This keyword can return the value of any bar of the data series.

Usage

Symbol_DownTicks

Example

Plot the number of Down ticks in the current bar (Build Volume On is set to Tick Count):

Plot1(Symbol_DownTicks, "Down ticks");

Plot the Down volume of the current bar (Build Volume On is set to Trade Volume):

Plot1(Symbol_DownTicks, "Down Volume");