$Tick trading ranges


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  • CharterJoe
  • 30-Apr-2009 at 4:35 PM
  • Rep: 4,475
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Look how the bands on my $TICK tool call for some cool overbought/oversold levels...

The perm. for this is MA 10 period for the 5min $tick overlaid on the ES




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  • 0
  • CharterJoe
  • 30-Apr-2009 at 11:11 PM
  • Rep: 4,475
  • Posts: 2,352
A useful peace of advise for this is on trending up markets use the 1 min and a +600 for shorts and -400 for buys. The opposite for down trending markets. Bracket markets I use the 5 min +300 and -300 these numbers tend to change so it is user defined.
  • 0
  • staylor455
  • 1-May-2009 at 1:00 AM
  • Rep: 967
  • Posts: 117

Thanks for another great post Joe
Would you share the settings for your $tick tool? This is what I use, 5 min $tick, 5 ema set on (H+L)2

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  • 0
  • CharterJoe
  • 1-May-2009 at 7:40 AM
  • Rep: 4,475
  • Posts: 2,352
5 min 10 period MA, I also watch the 20 period and when the 20 and 10 are at extreams like -500 or better and there is a large $tick reading you can usually get in a move at the bottom.
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