Cum.tick and ThinkOrSwim

[ernsttanaka]

In a private message I was asked where I was getting my cum.tick information since TOS doesn't have a standard solution.

Long time ago I wrote a cum.tick study for TOS. Please find the code and the settings below.

It follows Billy's insights in cum.tick and I have been using it for several years.


Best,

Ernst

declare lower;
rec ct = ct[1] + close;
plot cum = ct;
plot cum600 = Average(cum, 600);
plot cum390 = Average(cum, 390);
plot cum195 = Average(cum, 195);
cum600.SetDefaultColor(color.red);
cum390.SetDefaultColor(color.orange);
cum195.SetDefaultColor(color.green);
addcloud(cum195,cum390,color.green,color.red);
addcloud(cum390,cum600,color.green,color.red);
alert(crosses(cum,cum195,crossingDirection.Below),"sell", alert.tICK,sound.Ring);
alert(crosses(cum,cum195,crossingDirection.above),"buy", alert.TICK,sound.Ring);
plot MiddleLR = InertiaAll(cum,30,0,0,0,1);
MiddleLR.setDefaultColor(GetColor(5));

[engr_358]

I also use Cum Tick, but on Stockcharts.com