Two-colour alternating shading, single colour, or vertical lines only.
Time Interval Blocks
A tick chart throws time away — that is the point of it, and it is also the cost. Time Interval Blocks shades the chart into repeating fixed-minute windows measured from the session open, so you can see how many bars packed into one five-minute block and how few made it into the next.
Bars per block is the read.
Twelve bars inside one interval and two inside the next is a tempo change you would never see on a tick chart otherwise. The same clock window keeps the same colour every day, so the pattern of where activity concentrates becomes visible across sessions rather than only within one. Optional per-interval bar and volume counts put the number on the chart when you want it stated rather than sensed.
Any interval length, measured from a session start you set.
Optional bar count and volume count printed at each interval close.
Where it fits.
The tempo layer. Cheap to leave on, and it changes how a tick chart reads.
Requires NinjaTrader 8. OF-TIB-001