Tick chart for ADAUSD, showing each change in the ask or bid price. (If the spread is
very tight then the lines may overlap, and only the ask line may be visible.)
As well as a plain tick chart, you can use the "Tick speed" mode to add an indicator showing how long it has taken
for the last N ticks to happen. The lower the histogram, the faster the market is moving.
The "Timed" mode still shows each change in the ask or bid price, but the X axis of the chart is set to
constant units of time. You can use this to view individual ticks while still being able to distinguish between
fast and slow periods in the market.
The "Candles" mode draws tick candles. These are candles which form each time that N ticks happen, rather than
being time-based.
ADAUSD is the abbreviation of Cardano against the US Dollar meaning that ADA is quoted against USD and indicates the amount of USD needed to buy 1 ADA token. Developed by Charles Hoskinson, the co-founder of Ethereum, Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. Cardano has positioned itself as an alternative to Ethereum.
Challenges