Profiting From The Tick Indicator by James Kellndorfer
Last time, we introduced the tick indicator. This time, here’s
how to use the information gleaned from the tick indicator.
The tick indicator contains information about optimism
or pessimism in the market on any given
day. If there were a method to smooth these
values and harness the longer-term intermediate
cycles in the market, there might be even more
valuable information hidden within the tick.