Enhance your trading platform and increase your profits with ShadowTrader Indicators
If you use just ONE custom indicator, it should be THIS.
This script plots both an unweighted and a weighted A/D line from the open using the 11 S&P sectors and their respective weights. The S&P 500 can only move according to what those 11 sectors do. This gives the trader a huge edge for timing entries and also discerning the strength of moves.
You won’t look at the TICK the same way again.
A game changer for those who use the TICK as a market internal. Instead of candles or lines, this “paints” the time spent above and below zero. Traders who know how to use the tick know that this is what really matters, not how low or high the extremes are.