SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : News Links and Chart Links -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (1637)3/18/2002 11:26:37 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 29596
 
neutral! that's about right! Just like all of those other indicators we've got going right now -ggg



To: Les H who wrote (1637)3/19/2002 7:44:26 AM
From: Les H  Respond to of 29596
 
Fed

investavenue.com

investavenue.com



To: Les H who wrote (1637)5/19/2002 1:53:00 AM
From: Les H  Read Replies (2) | Respond to of 29596
 
tick indicator

stockcharts.com[h,a]daclyyay[dd][pb5!b10][vc60]&pref=G

NYSE Up&Down Ratio (TICK)

What is it:

The TICK Index is the difference between the number of issues (or stocks) trading with the last trade higher (an uptick) form the previous price and issues (or stocks) trading with the last trade lower (a downtick) for the previous price. The TICK Index is useful in identifying turning points in the market when tick readings are at an extreme level.

For that purpose we use a 5-day moving average on the daily TICK Index data to smooth the movements. We learned that the plain TICK indicator is way to fast and not reliable enough for trading signals. A 5-day moving average instead works very fine in every market condition.

How a trading signal is generated:

A reading below –300 is considered as a Buy signal, a reading between –300 and +600 is indicating a neutral market and a reading above 600 is considered as a Sell signal.

This TICK Index Indicator is very reliable since it does only give signals at very extreme market movements. When a signal is generated, the market is often in a very oversold or overbought status and is due for a technical reaction which generates fast profits for traders: