Support Board
Date/Time: Mon, 10 Mar 2025 02:22:59 +0000
Post From: Inaccurate NYSE Tick data
| [2022-03-09 20:11:31] |
| TropicalTrader - Posts: 45 |
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Based on the below definition I don't understand why there is such a huge difference. I watch the recap videos from my mentor in the evening and he explains how he used the Tick data to help inform his trades. The data I have is totally different. Example: in the image I provided today, the Tick on my mentors chart barely got below 0 and only hit -600 once, on my chart it hit -600 over a dozen times. My mentors Tick chart showed the true strength of the market, my Tick chart made it look like the market was a lot weaker then it was. I can't use this info for anything helpful. My mentor has been doing this for 15 years and is an expert (consistently profitable) trader. (( What is the Tick Index? The tick index compares the number of stocks that are rising to the number of stocks that are falling on the New York Stock Exchange (NYSE). The index measures stocks making an uptick and subtracts stocks making a downtick. For example, there are roughly 2,800 stocks listed on the NYSE. If 1,800 stocks have made an uptick and 1,000 stocks have made a downtick, the tick index would equal +800 (1,800 – 1,000). )) |