Wednesday, January 20, 2016

Testing the NYSE TICK Index - Analysis Concepts - Labs - Education - TradeStation

Testing the NYSE TICK Index - Analysis Concepts - Labs - Education - TradeStation



This is an outstanding article explaining the $TICK indicator for trading.  It is the sum of upticks and downticks on the NYSE.  TradeStation has determined that it can be profitable to go long when $TICK is oversold at -800 or -1000.  I plan to use $TICK along with other indicators to decide whether or not we are at short term bottom areas of the stock market.

No comments:

Post a Comment