TICK Interpretation Indicator
This is the second of many free indicators I plan to release. Since it massages the TICK data in ways I wasn’t sure was appropriate, I call it “The TICK Molester!”
This is the second of many free indicators I plan to release. Since it massages the TICK data in ways I wasn’t sure was appropriate, I call it “The TICK Molester!”
So, based on my TICK article, one would guess that the majority of randomly-chosen market situations would have low TICK values (since there are so many more ways to get a low TICK than a high TICK).
But, how low is “random low”? If you chose 1 million random markets, and calculated their [...]
How Much Do You Know About the TICK?
When you are done reading this article, you will be able to answer questions like these:
How is the TICK computed?
What is the maximum TICK reading?
If the TICK reads +176, how many stocks are rising? How many are falling?
Do some TICK readings contain more information than others, or [...]