kmilo Posted October 27, 2014 Report Share Posted October 27, 2014 hi help Someone please have this wonderful indicator to analyze the internal indices xxxx.ninjacators.com/products/nyse-tick-trader/ Thank you very much for all your help Thanks a million Quote Link to comment Share on other sites More sharing options...
iksak Posted October 27, 2014 Report Share Posted October 27, 2014 This is not an indicator, it is just an index. With amp futures you must enable dow jones indices. kmilo 1 Quote Link to comment Share on other sites More sharing options...
diabouncer Posted October 27, 2014 Report Share Posted October 27, 2014 what does this do? surely there are many free scripts that track and alert to some hi or low TICK reading Quote Link to comment Share on other sites More sharing options...
kmilo Posted October 27, 2014 Author Report Share Posted October 27, 2014 iksak I understand Got that? Quote Link to comment Share on other sites More sharing options...
iksak Posted October 27, 2014 Report Share Posted October 27, 2014 what does this do? surely there are many free scripts that track and alert to some hi or low TICK reading Nyse tick IS NOT BASED ON THE MOVEMENT OF THE FUTURE, SO NO SCRIPT CAN DO WHAT NYSE TICK DO! This is the definition (http://www.mypivots.com/dictionary/definition/139/nyse-tick): This is the NYSE Cumulative Tick. Most feed vendors source this figure directly from the NYSE where it is calculated every 6 seconds. The $TICK represents the net ticks of all stocks on the NYSE. The tick is the direction in which the price of a stock moved on its last sale. An up-tick means the last trade was at a higher price than the one before it and a down-tick means the last sale price was lower than the one before it. A zero-plus tick means the transaction was at the same price as the one before, but still higher than the nearest preceding different price. A zero-plus tick is not used in the calculation of $TICK. If 500 stocks ticked up, 250 ticked down, and the rest remained unchanged then the value of $TICK would be +250. If 1200 stocks ticked down and 50 ticked up then $TICK would be -1150. Day traders use the value of $TICK in timing when to enter long and short trades and when at extremes this is sometimes an indicator to exit a trade. Spectral_Analyst and ⭐ chripu 2 Quote Link to comment Share on other sites More sharing options...
iksak Posted October 27, 2014 Report Share Posted October 27, 2014 iksak I understand Got that? Yes kmilo, i use that Quote Link to comment Share on other sites More sharing options...
kmilo Posted October 27, 2014 Author Report Share Posted October 27, 2014 I want to try a strategy implemetar Volume Thanks Quote Link to comment Share on other sites More sharing options...
iksak Posted October 28, 2014 Report Share Posted October 28, 2014 (edited) Sorry, I use nyse tick but I have not this indicator xxx.ninjacators.com/products/nyse-tick-trader/ You can easily insert 2 orizontal lines on extremes of nyse tick and get your alarm. Edited October 28, 2014 by iksak atd 1 Quote Link to comment Share on other sites More sharing options...
atd Posted October 28, 2014 Report Share Posted October 28, 2014 @iksak: your inbox is full Quote Link to comment Share on other sites More sharing options...
orfila Posted October 28, 2014 Report Share Posted October 28, 2014 You should do a search for :: Ac_me Mar_ket Int_ernals Pac_k Look for AC_ME TICK GUIDES in the package hi help Someone please have this wonderful indicator to analyze the internal indices xxxx.ninjacators.com/products/nyse-tick-trader/ Thank you very much for all your help Thanks a million Quote Link to comment Share on other sites More sharing options...
Spectral_Analyst Posted October 28, 2014 Report Share Posted October 28, 2014 Nyse tick IS NOT BASED ON THE MOVEMENT OF THE FUTURE, SO NO SCRIPT CAN DO WHAT NYSE TICK DO! This is the definition (http://www.mypivots.com/dictionary/definition/139/nyse-tick): This is the NYSE Cumulative Tick. Most feed vendors source this figure directly from the NYSE where it is calculated every 6 seconds. The $TICK represents the net ticks of all stocks on the NYSE. The tick is the direction in which the price of a stock moved on its last sale. An up-tick means the last trade was at a higher price than the one before it and a down-tick means the last sale price was lower than the one before it. A zero-plus tick means the transaction was at the same price as the one before, but still higher than the nearest preceding different price. A zero-plus tick is not used in the calculation of $TICK. If 500 stocks ticked up, 250 ticked down, and the rest remained unchanged then the value of $TICK would be +250. If 1200 stocks ticked down and 50 ticked up then $TICK would be -1150. Day traders use the value of $TICK in timing when to enter long and short trades and when at extremes this is sometimes an indicator to exit a trade. Great explanation iksak. But not to forget that $Tick can hit the upper extreme & market (S&P500) can still continue to rise a 10-20 point more. Interpretation of $tick, $trin, $tiki etc. and such breadth is not only subjective but also dependent on the data feed provider. When i last ran a comparison between IQfeed & esignal, there was a remarkable difference. Best way to use the breadth market reading (which are over 40+ released by NYSE) is to combine them all into one unified oscillator like Suri Dudella has done. He invented a weighted cumulative average of all the breadth, & i saw in one of his presentations, real time predictions from the oscillator were leading. Quote Link to comment Share on other sites More sharing options...
iksak Posted October 28, 2014 Report Share Posted October 28, 2014 @iksak: your inbox is full ok thanks , I emptied Quote Link to comment Share on other sites More sharing options...
iksak Posted October 28, 2014 Report Share Posted October 28, 2014 Great explanation iksak. But not to forget that $Tick can hit the upper extreme & market (S&P500) can still continue to rise a 10-20 point more. Interpretation of $tick, $trin, $tiki etc. and such breadth is not only subjective but also dependent on the data feed provider. When i last ran a comparison between IQfeed & esignal, there was a remarkable difference. Ok, I've never seen $Tick on other data provider, I think that the best way is to observe your $Tick and evaluate how can it help you. I don't use extreme but only watch the divergence between SP500 and $Tick near my entry point. I don't use for signal, but it helps me to get a more accurate level with the less adverse excursion possible Quote Link to comment Share on other sites More sharing options...
kmilo Posted October 28, 2014 Author Report Share Posted October 28, 2014 good but someone has the indicator? www.ninjacators.com/products/nyse-tick-trader Thanks! mastertrader7 1 Quote Link to comment Share on other sites More sharing options...
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