V. 21:11 (58-62): Profiting From The Tick Indicator by James Kellndorfer

V. 21:11 (58-62): Profiting From The Tick Indicator by James Kellndorfer
Item# \V21\C12\263KELL.PDF
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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.




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