"Tick16" Posts
Trading With Tick Index: Basic Tick Divergence
By Lawrence
Tick Divergence is a very useful setup for identifying short term tops and bottoms in Emini intraday. It works very well across many different market environments making it one of the must know trading techniques. Tick divergence provides a distinct edge that no other short term indicators can match. Example Chart Following is a chart […]
Market Internals 2013-05-19
By Lawrence
My monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 May 17 close. Reading 1. Long Term Tick16 (yellow line) moving back up to right below neutral zone. 2. Short Term Tick16 (red line) moving back up to neutral zone. 3. […]
Trading With Tick Index: A Comparison of DTN IQFeed and eSignal NYSE Tick Index
By Lawrence
This article explains how to translate the interpretation of NYSE Tick Index between the eSignal version and the IQFeed version. Frame of Reference I use the eSignal version of NYSE Tick Index extensively for backtesting and signal generation. It is not that it is better than the other ones. It is a habit now as […]
Trading With Tick Index: A Short Summary of Various Versions Of NYSE Tick Index
By Lawrence
While preparing for the next article on converting trading rules between eSignal and DTN IQFeed versions of NYSE Tick Index, I have been doing data comparison on and off among multiple sources whenever I have time to sit in front of my computer. So far it is clear that the eSignal NYSE Tick Index is […]
Market Internals 2013-04-19
By Lawrence
My monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 April 19 close. Reading 1. Long Term Tick16 (yellow line) below neutral zone. 2. Short Term Tick16 (red line) moved into oversold zone. 3. 3 Days Advance Issues (green line) […]
Trading With Tick Index: The History Of NYSE Tick Index
By Lawrence
When I talk about NYSE Tick Index, there is a confusion where my data comes from. The confusion happens because some people find that the Tick Index they loaded onto their charts look completely different from mine. There is a good reason why that is the case and there is no need to panic that […]
Market Internals 2013-03-19
By Lawrence
My monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 March 19 close. Reading 1. Long Term Tick16 (yellow line) below neutral zone but not dropping 2. Short Term Tick16 (red line) moved above the neutral zone 3. 3 Days Advance […]
Trading with Tick Index: Blind Short Day Trading Model
By Lawrence
I am going to present the first example trading model in this series that exploits the characteristics of the NYSE Tick Index. Most people focus on the intraday behaviour of the Tick Index and forget that it is a great summary statistics tell us what is more likely going to happen the very next trading […]
Trading with Tick Index: Recognize the Micro Trend Channels
By Lawrence
The NYSE Tick Index (aka the $Tick index) and other similar tick indices all demonstrate a similar trending properly. I call it the micro trend channels of the tick indices. These micro trends are easy to recognize visually once you understand how they behave in general. Be prepared – this article and the upcoming ones […]
Market Internals 2013-06-20
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 Jun 20 close. Reading 1. Long Term Tick16 (yellow line) well above neutral zone heading down 2. Short Term Tick16 (red line) moving down towards oversold area 3. 3-Day Advance Issues (green […]