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below is some info i copied re the indicator from this list a long time ago.
enjoy.
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Cook calculates it on 5 minute bars, even though he said that every tick
has to be taken into account.
if NYSE tick is below -400 or above +400 it's added to the previous
reading, readings in the -400 to +400 zone are ignored.
if Dow tick (TIKI) have a reading bigger than 22 of the same polarity,
(sign), then double the tick reading.
Example NYSE tick low of the bar is -1012, TIKI were -28 for the same
period. We add -2024 to the previous summation result.
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-----Original Message-----
From: J. Rodney Grisham <grisham@xxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Monday, June 07, 1999 5:49 PM
Subject: Re: Cook Cummulative Tick
:Steve Pierce wrote:
:
:> Here's the URL for a '96 Futures Mag. article on Mark D. Cook's
:> cumulative tick indicator:
:>
:> http://www.futuresmag.com/library/june96/traderprofile.html
:
:There is nothing specific about the indicator on the referenced
:page. Does anyone have specific information to share about the
:indicator itself?
:
:Rod
:
:
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