Tickspeed

November 14th, 2023, 09:11 AM

How would you write this in EL ?
Try to write this simple indicator.
Calculates X seconds back volume of tick bars and divides by x seconds.
Result – adjusted speed of trades.

Ideas appreciated

November 16th, 2023, 04:38 AM

ok I I broke it down like this :

input:
Seconds(60),
Length (10);

Vars:
Frequency(0);

If Barstatus = 2 then
begin
Frequency = (Ticks / Seconds);

Plot1(Frequency);
Plot2 (XAverage(Frequency,Length));
end;

but seemes to be bid impprecisely . A better way ?

November 17th, 2023, 11:26 AM

Are you working in tradestation or multicharts. Tradestation does not have second timestamps accessible to EL code. If you are using a tick chart, the speed to fill the tick count is just the time it takes to complete the bar. Time - Time[1]

This will not work correctly in tradestation unless you are using a large enough tick setting that seconds are not important. IMO tradestation is impractical for Tick and volume bar analysis since it does not have access to seconds.

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November 18th, 2023, 02:43 PM

jojojo

How would you write this in EL ?
Try to write this simple indicator.
Calculates X seconds back volume of tick bars and divides by x seconds.
Result – adjusted speed of trades.

Ideas appreciated

if you are looking for tradestation code, here is what i have, but it only calculates in realtime, not historical time that is in minutes. this code is for tick charts and plots the seconds in each bar. i have verified it, but haven't tested it in real time... have to wait for monday to check in realtime.

hope this is what you are looking for... you should be able to adjust the code if needed.
toucan

var: sec(0), timeThisBar(0);
if getappinfo(airealtimecalc)=1
then begin

// Note: 86,400 seconds every 24 hours
sec = round (86400 * fracportion ( ComputerDateTime() ), 0);

timeThisBar = sec - sec[1];

if sec<sec[1] then timeThisBar = sec - sec[1] + 86400;
if timethisbar<=0 then timethisbar = absvalue(timethisbar);

if timethisbar[0]>=0
then plot1(timethisbar,"b1",green);
end;

November 19th, 2023, 05:48 AM

Thank you for this - I will check on Monday , too .
I'm working with Multicharts.

November 19th, 2023, 03:33 PM

With multicharts you can use Time_s for bar timestamp to the second. If you are using a tick chart, speed to fill the tick count of your chart, just use

Plot1(Time_s - Time_s[1]);

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November 20th, 2023, 05:18 AM

Workes quite different comparing with my simple one

November 20th, 2023, 08:06 AM

jojojo

Workes quite different comparing with my simple one

use yours... mine is from about 10 years ago and may not work in todays software

cheers
toucan

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