Whats the trick with Tick

[Timmyb]

Well tick can be explained in many numerous ways. But its basically the amount of stocks up ticking compared to stocks downticking at any current time. I have been messing with allot of indicators as you all know. I have been messing around with tick for about a week or so trying to code what my mind wants. While i feel there is no godicator i do feel the indicators based on more than just a average of an average are better.

So i guve you an average LOL.

It actually the expotential moving average of the $tick on TOS and I wanted to share it with my freinds here.

here are a few thing i have noticed and i would like comments on.



next 5 days



next 5 days or so



now i know the tick is the NYSE, I have also coded the dow $TICKI. But the TIKI is odd it doesnt seem to react as you would think there are days the ticki is strong ect. its just odd. still looking at that

Allot of traders use teh tick tho.

Now i know hindsight it 20 20 but what is interesting is perhaps on those divergence days we are moving on lower volume or something. It is very interesting imo. Comments welcome

thanks

tim


OH thought you might like the code
.....................
declare lower;

def data = close("$tick")/20;
def c = close("tick");


input price = close;
input length = 9;
input displace = 0;
plot SMA = Average(data = data[-displace], length = length);
SMA.SetDefaultColor(GetColor(1));
..........................................

I divided the tick by 20 so that when i overlayed other indicators it was fine. lus i like the value of 20 in the scale better than 200 ect. its the same line just different numbers on right side

Also i found putting it on $dji or even GOOG the lines stay connected if you attach it to SPY everything seems very odd and not connected , I am gonna meail tos about that one

[MC]

Thanks for sharing Timmy. Interesting indeed.
How ya been?

[Timmyb]

Originally Posted by MC

Thanks for sharing Timmy. Interesting indeed.
How ya been?

oh been ok, gave back about half the gains i maid last moth. so still green about 10k. I lost allot fo it from not following rules ect. Been working on doing better with that and taking what the market gives and not being biased. I have found when your biased and wrong you can lose allot. How about you??

[MC]

Originally Posted by Timmyb

oh been ok, gave back about half the gains i maid last moth. so still green about 10k. I lost allot fo it from not following rules ect. Been working on doing better with that and taking what the market gives and not being biased. I have found when your biased and wrong you can lose allot. How about you??

Had one crap day awhile back. Haven't traded much since...just not being dedicated enough is my issue.

[Timmyb]

Will try to psot eod daily on SPY now that i got the code working good.

here is today with possible trades.

[cire2222]

looks like your on track to something strong timmay. keep up the good work, not many traders out there willing to put in the efforts like you. It will pay off

[Timmyb]

thank you cire for your kind words. And as always if things do get going right wiht this thing my freinds at traders base will be informed. Long before Ahem "other" places.

[Timmyb]

been working on indicator and made some advancements.

comnined all four lines i used into one. and colored it its going well

[cire2222]

is a 1 min the best time frame for this? how about a 5min or hourly?