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> Tiki and Tick refer to change from the last TICK,
> A/D data refers to the last daily close.
Actually, $TIKI is the ratio of the number of DOW stocks ticking up or down.
It is used as a leading indicator in some systems. When 22-27 DOW stocks are
ticking up or down concurrently, price action on the broader indices tends
to follow strongly several minutes later. It works but gives false signals
at times. It gets subjective when 20-21 stocks are ticking in synch. I
forget the author's name but there is a book that devotes an entire chapter
to the TIKI trading system. You'd have to search to find it.
Sincerely,
Wes Williams
> -----Original Message-----
> From: Bill Wynne [mailto:tradewynne@xxxxxxxxxxx]
> Sent: Thursday, February 21, 2002 8:33 AM
> To: ebonugli@xxxxxxxx; omega-list@xxxxxxxxxx
> Cc: rfurse@xxxxxxxxxxxx
> Subject: Re: OddBall as a market timing tool
>
>
> >1) A/D ratio ( is it $TIKI ?),
>
> $Adv/$decl or ADV - DECL I'd guess.
>
> Tiki and Tick refer to change from the last TICK,
> A/D data refers to the last daily close.
>
> BW
>
>
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