windy - good obserations, I was going to say something to this
effect. One should use their own charts i.e. trendlines,
where support/resistance are - and if those signals on the
Tick tools chart show up at the same area as those important price
levels on your chart it, then it's more significant.
the tick tools show you some psychology when longs and shorts
get stopped out, when there's emotional buying where people are
buying asks vs trying to get better prices etc. I'll get some
good definitions soon. Supposedly Xticks occur when you get a lot
of emotional orders going through and stops being hit etc
Matt you may have mentioned this somewhere else but inquiring if
these tick indicators are available to BPT subscribers and if
so are they available in Ninja Trader format.
tad51 - as replied once the other day - it's impossible for you
to me or anyone else to run these on their side. Because the
tick tools from how it was explained to me, is not some simply
price/volume indicator that works from a data feed on its own.
There's a huge database of tick information going back 20
years, and other price data, these indicators all reference that
huge database on his machine. You or I don't have that
database on our computers, thus the indicator we see would not have
access to that if they were loaded on our side - unless the
database was put on our computers. Anyway that's how it was
explained to me - that's why it's displayed in a web link which is
a screen shot that is taken from his computer every 5 seconds
So what I am seeing in the link which you posted is his computer
with a 1 minute chart of the ES which is updated every 5 seconds
via his web link. Is he going to allow us to use this
information? Is that the purpose of the educational
videos?
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
pay attention when you see an X-Tick
Posted by matt on 9th of Apr 2015 at 11:58 am
when the X-Tick appears, it's usually a powerful signal intra day - when the X-tick showed up could have made you 7 - 8 points off the bottom
http://162.213.38.100/mcm/ticksES.htm?1425921433026
the guy told me he will have about 6 videos by the weekend to go over how to use this
X-Tick may have other factors
Posted by windyjazz on 9th of Apr 2015 at 12:56 pm
That low X-Tick (-900) @ about 11:20 was also a
touch of S1 and I saw some positive divergence
at that low on on MACD, RSI with respect to the
low @ about 10:50 which had a similar low tick
-900 which is the prior orange dot you see before
the X-Tick
where is the tick chart,
Posted by himsa on 9th of Apr 2015 at 01:20 pm
where is the tick chart, or how do you find it? could you show it on a chart?
click on the thread
Posted by windyjazz on 9th of Apr 2015 at 01:41 pm
where the arrow points on your post
and matt has a link for the chart
windy - good obserations, I
Posted by matt on 9th of Apr 2015 at 01:06 pm
windy - good obserations, I was going to say something to this effect. One should use their own charts i.e. trendlines, where support/resistance are - and if those signals on the Tick tools chart show up at the same area as those important price levels on your chart it, then it's more significant.
the tick tools show you some psychology when longs and shorts get stopped out, when there's emotional buying where people are buying asks vs trying to get better prices etc. I'll get some good definitions soon. Supposedly Xticks occur when you get a lot of emotional orders going through and stops being hit etc
Matt you may have mentioned
Posted by tad51 on 9th of Apr 2015 at 12:10 pm
Matt you may have mentioned this somewhere else but inquiring if these tick indicators are available to BPT subscribers and if so are they available in Ninja Trader format.
tad51 - as replied once
Posted by matt on 9th of Apr 2015 at 12:18 pm
tad51 - as replied once the other day - it's impossible for you to me or anyone else to run these on their side. Because the tick tools from how it was explained to me, is not some simply price/volume indicator that works from a data feed on its own. There's a huge database of tick information going back 20 years, and other price data, these indicators all reference that huge database on his machine. You or I don't have that database on our computers, thus the indicator we see would not have access to that if they were loaded on our side - unless the database was put on our computers. Anyway that's how it was explained to me - that's why it's displayed in a web link which is a screen shot that is taken from his computer every 5 seconds
Thanks Matt, So what I am
Posted by tad51 on 9th of Apr 2015 at 12:27 pm
Thanks Matt,
So what I am seeing in the link which you posted is his computer with a 1 minute chart of the ES which is updated every 5 seconds via his web link. Is he going to allow us to use this information? Is that the purpose of the educational videos?