ShadowTrader CUMULATIVE TICKThe net cumulative tick reading on the NYSE or Nasdaq Composite. This is measured by the number of stocks ticking up minus the number of stocks ticking down at any given moment. It is the least used of the internal indicators but is discussed from time to time. Generally the tick readings are only helpful when they are at extremes such as +1000 on the NYSE to indicate that program trading is ensuing. thinkScript
Peter and Brad have been steadfast in touting the power of the NYSE tick indicator as the best short term predictor of price there is. This add-on study might just make it even better! Developed by “Danno” Sheehy, this study adds an invaluable layer of information to the basic tickThe net cumulative tick reading on the NYSE or Nasdaq Composite. This is measured by the number of stocks ticking up minus the number of stocks ticking down at any given moment. It is the least used of the internal indicators but is discussed from time to time. Generally the tick readings are only helpful when they are at extremes such as +1000 on the NYSE to indicate that program trading is ensuing. indicator that tallies and plots its cumulative total throughout the day.
ShadowTrader Cumulative TickThe net cumulative tick reading on the NYSE or Nasdaq Composite. This is measured by the number of stocks ticking up minus the number of stocks ticking down at any given moment. It is the least used of the internal indicators but is discussed from time to time. Generally the tick readings are only helpful when they are at extremes such as +1000 on the NYSE to indicate that program trading is ensuing.
- Keeps running total of cumulative tickThe net cumulative tick reading on the NYSE or Nasdaq Composite. This is measured by the number of stocks ticking up minus the number of stocks ticking down at any given moment. It is the least used of the internal indicators but is discussed from time to time. Generally the tick readings are only helpful when they are at extremes such as +1000 on the NYSE to indicate that program trading is ensuing. during day and charts it
- Adds another vital layer to tickThe net cumulative tick reading on the NYSE or Nasdaq Composite. This is measured by the number of stocks ticking up minus the number of stocks ticking down at any given moment. It is the least used of the internal indicators but is discussed from time to time. Generally the tick readings are only helpful when they are at extremes such as +1000 on the NYSE to indicate that program trading is ensuing. divergences and confirmations
- Customizable to view plot in 14 different formats (Iines, arrows, histogram, dots, etc)
- See the overall trend of underlying buying and selling on the day to reinforce direction and avoid “shake outs”
- Built-in ability to view cumulative ticks of NYSE, Nasdaq, S&P 500, Nasdaq 100, DJIA, and Russell 2000 indices
$95