A Replacement for my PositionBook Charts using Tick Volumes?

At the end of my previous post I said that I would be looking into using tick volume to create a new indicator, and this post is about the work I have done on this idea. At first I tried creating a more traditional type of indicator using tick volumes separated out into buy and sell volumes, but I quickly felt that this was not a useful investment of my time so I gave up on this idea. Instead, I…