Understanding Ticks on TradingView: What Does a Tick Represent?
A tick in TradingView refers to the minimum price movement of a financial instrument, often in futures or forex markets. It represents the smallest unit by which the price can change, typically defined by the exchange.
For example, if the tick size of an asset is 0.01, the price can only move in increments of 0.01.
In TradingView, tick charts are updated every time a new price tick occurs, rather than at fixed time intervals like standard charts. This makes them ideal for active traders who need to follow every small price movement. The default chart settings however are time-based.