Tick Charts Go Platform-Wide for TradingView’s Premium Users
TradingView expands support for tick charts across its platform. It enhances the platform’s analytical tools. Traders get more detailed insights into market movements. Tick charts offer a transaction-based view of price action.
Tick Charts: What’s New
In 2024, TradingView introduced tick charts in beta. The access was limited to a few major exchanges. Now, the platform has significantly broadened access. Tick data is available for nearly all exchanges and symbols supported on TradingView. It lets more traders benefit from real-time, transaction-based analysis across multiple assets.
Tick charts build each bar using a fixed number of transactions, not time intervals. It removes time-based noise and focuses on actual market activity. TradingView offers four tick intervals: 1T, 10T, 100T, and 1000T. Each interval shows a bar after the selected number of ticks. It gives better clarity, especially during high-volume or fast-moving market sessions.
Coverage and Limitations
These charts work for most instruments on TradingView. However, there are a few limitations. The following asset types are not supported:
- Indices that do not have volume data
- Options
- Government bonds and yields with the TVC: prefix
- End-of-Day (EOD) symbols
Tick-based charts are now available across TradingView’s extensive market coverage for everything else.
Access and Usage
Tick charts are available only to users on the Expert and Ultimate plans. Traders can type the desired interval to access them. They can type, for example, 100T from the keyboard. They can also choose it from the time interval dropdown menu. It enables quick switching between standard and tick-based views.
Benefits for Traders
This update will offer these benefits:
Greater Precision in Entry and Exit Points
Tick charts show price movement based on the number of trades, not time. It helps traders identify short-term patterns and time their entries and exits more accurately.
Improved Market Visibility
Time-based charts can miss key movements during high volatility. Tick charts provide a clearer view of activity by generating bars only after a set number of trades. It helps traders respond faster.
Better Volume-Based Analysis
Traders can analyze price behavior with real transaction activity since tick charts are tied to trade counts. It offers a more realistic picture of demand and supply dynamics, especially for short-term strategies.
Exclusive Edge for Premium Users
Only Expert and Ultimate plan holders can access tick charts. It gives paying users an edge with tools that allow deeper, more dynamic market analysis unavailable in basic plans.
About TradingView
TradingView is a financial platform. It offers advanced charting tools, real-time market data, and a social network. TradingView provides tools for technical analysis, including various chart types, indicators, and drawing tools to analyze financial markets. Also, TradingView has a community to discuss insights, strategies, and market trends. MEXEM has joined TradingView’s list of partner brokers
Summing Up
TradingView’s expanded tick chart support gives more flexibility and precision. The platform improves real-time analysis with tick-based intervals across nearly all symbols.
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