How does a mini tick look? - briefly
A mini tick is displayed as a brief vertical line or small mark on a price chart, signifying a minor price movement. It is thinner and less prominent than a regular tick, allowing detailed changes to be shown without overcrowding the visual.
How does a mini tick look? - in detail
A mini tick is a small price increment displayed on trading charts. It appears as a short vertical line extending from the price axis to the plotted point, often drawn with a thin stroke to differentiate it from larger price movements. The line’s height corresponds to the minimal price change allowed by the market, typically one‑hundredth of a standard tick in equities or a fraction of a pip in forex.
The visual attributes commonly include:
- Color: a neutral hue such as gray or light blue, chosen to avoid visual dominance.
- Width: a single pixel or the thinnest line setting supported by the charting software.
- Length: proportional to the minimum price step; on a linear scale it matches the smallest vertical grid interval.
When multiple mini ticks occur in rapid succession, they may overlap, creating a dense cluster of lines. Charting platforms often provide an option to aggregate these into a single marker or to display them as a faint background texture, preserving readability while retaining the detail of each minimal movement.
In order to identify a mini tick on a candlestick chart, observe the wick extensions that are noticeably shorter than the main body’s wicks. These tiny extensions indicate that the price moved only by the smallest permissible unit during that interval. Their presence signals high liquidity and tight spreads, reflecting market conditions where price changes occur in very fine increments.