# Tick chart

Tick ​​Chart builds a new bar after a set number of trades, for example after every 610 trades. Basic charts (like time-based) draw a new bar after a set period of time, for example after every 5 minutes or hours.

For example, each bar of a 610 tick chart represents 610 trades of any size. A tick can be a trade of just one contract, or 10,000 contracts. This is why it’s crucial to combine the use of tick charts with volume.

![](https://33591944-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MYWZsVZVKQjfWwZjJmj%2F-MZ-PChu9ki2y79JnORG%2F-MZ-PLjAxPdUpgzqlGFS%2FAnalytic%20panels%20-%20Chart%20-%20Chart%20types%20\(Tick%20Chart\).png?alt=media\&token=8dfc6fcb-d62a-4f1e-aab5-f94c5f605a9d)

To set this chart type, open TimeFrame Selector and select in the drop-down menu — **Tick**.

![](https://gblobscdn.gitbook.com/assets%2F-LD6FsRvQ3jgwJIg6O7r%2F-MYB27zu7AGGva09lHB7%2F-MYBiI2eHJIlm8kjDKcU%2Ftick%20chart.gif?alt=media\&token=280352ba-31d1-447f-8385-31add43d6c43)