How to Interpret the Iceberg Tick

Introducing the latest script from ShadowTrader to up your market internals game.
Most traders who use the TICK indicator are using it wrong because they focus only on extreme readings such as +1,000 or -1,000. While those reads do have some weight to them, what really matters in the TICK is knowing how much time is being spent above and below the zero line.
The Iceberg Tick paints positive action in green and negative action in red and shows you at a glance where the ticks are being distributed. Much easier to see and analyze quickly than a candlestick chart version.
Get it for thinkorswim here:
www.shadowtrad...
Also available for TradingView here:
www.techniment...