Support Board
Date/Time: Sun, 22 Dec 2024 10:43:11 +0000
Post From: Sierra chart NYSE-TICK vs $TICK in TradeStation
| [2015-05-06 10:59:53] |
| User520037 - Posts: 6 |
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Hello SCH, first thank you amazing platform, market stats etc, for very good price, I would not change Sierra, great platform. There is ONE thing though, which keeps me unhappy and that is your NYSE-TICK. I checked some threads, there has been complaints, you still think the calculation is correct etc and it really could be, but I think there could be improvement. If you look at DTN, eSignal, etc I think your TICK is better. They are too erratic. But if you look at TradeStation TICK it is completely different level. Their TICK is much easier to read, it is more precise, after hundreds of days comparing these two TICKs, reading $TICK in TradeStation provides better edge. Example is yesterday, when we had directional day in indices. Look at chart I attached. While SCH TICK is only around -600 all morning and we often pop above zero line, TS TICK is showing much more momentum early on and it provides heads up we run into more bearish day. And even worse than -600 vs -1000 is that SCH TICK spends much more time below 0 line, sometimes showing momentum to upside, where there isn't any and we continue selling. I beg you to look into this. Try to improve your TICK, being inspired from TS, cause it provides better edge and this observation is not based on 1 day. But year and more. A lot of time they are same or very similar, but when market is directional, when volatility goes up, there are differences and those are the times we, traders, need it most. Thank you, Petr. |
 upperSCH_lowerTS.PNG / V - Attached On 2015-05-06 10:59:31 UTC - Size: 185.06 KB - 1181 views |