OPEN-SOURCE SCRIPT

Time & Sales (Tape) [By MUQWISHI]

By MUQWISHI
Updated
▋ INTRODUCTION :
The “Time and Sales” (Tape) indicator generates trade data, including time, direction, price, and volume for each executed trade on an exchange. This information is typically delivered in real-time on a tick-by-tick basis or lower timeframe, providing insights into the traded size for a specific security.

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▋ OVERVIEW:
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▋ Volume Dynamic Scale Bar:
It's a way for determining dominance on the time and sales table, depending on the selected length (number of rows), indicating whether buyers or sellers are in control in selected length.
snapshot

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▋ INDICATOR SETTINGS:
#Section One: Table Settings
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#Section Two: Technical Settings
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(1) Implement By: Retrieve data by
  (1A) Lower Timeframe: Fetch data from the selected lower timeframe.
  (1B) Live Tick: Fetch data in real-time on a tick-by-tick basis, capturing data as soon as it's observed by the system.
(2) Length (Number of Rows): User able to select number of rows.
(3) Size Type: Volume OR Price Volume.

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▋ COMMENT:
The values in a table should not be taken as a major concept to build a trading decision.


Please let me know if you have any questions.
Thank you.
Release Notes
Updates

  • Improved iteration; now it should work fine with a high timeframe.
  • Amended the Dynamic Volume Bar.
  • Added total up & down volume.
Release Notes
The bug corresponding to the new bar is fixed.
Release Notes
Updates
  • Amended "Live Tick" mode iteration. It should be faster.
  • Improved the coloring and styling.
  • Added table border.
  • Reorganized the indicator settings.
Release Notes
Number of digits updated for values
cryptoseducationalForexlivetradingpotentialstatisticsStockstabletapevolumeanalysisVolume
MUQWISHI

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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