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Comments on TraderFeed: Identifying the Trend of Market Sentiment With the NYSE TICK: A Best Practice in Trading





Updated: 2016-08-14T03:34:09.589-05:00

 



Thanks for the interest, DT. I do think some good...

2007-02-20T20:21:00.000-06:00

Thanks for the interest, DT. I do think some good trade ideas can come from watching those TICK extremes and how they impact price.

Brett



Excellent "Best Practice" Brett. I had never thoug...

2007-02-20T18:50:00.000-06:00

Excellent "Best Practice" Brett. I had never thought to use regression channels with tick and it seems like it is a perfect fit. I typically mark the upper and lower 10% of the tick range for the previous two days and keep an eye out for higher highs or lower lows to sense a change in trend. I like your idea much better.

On a side note, I've been meaning to write to you on your recent ideas. I'm not sure how I can help at this moment, but I find the whole concept very interesting. I will try and keep in touch.


Thanks,

DT



Hi AnaTrader,Sorry for any confusion. The chart i...

2007-02-20T07:41:00.000-06:00

Hi AnaTrader,

Sorry for any confusion. The chart is displaying the raw values for the NYSE TICK, as reported by the exchange. These are not normalized data. To create the Adjusted TICK that I report, you would have to subtract the average value for the TICK over the past 20 days from each subsequent one minute TICK reading. By creating a chart such as the one in the post, you can avoid such calculations and directly observe shifts in the TICK's distribution. Thanks for the question--

Brett



Hi BrettI believe that you have probably 'normaliz...

2007-02-20T07:32:00.000-06:00

Hi Brett

I believe that you have probably 'normalized the NYSE Tick' to suit your own style of trading.

Is it too much to ask what your formula is?

Thanks.