Minetoo

Sparrow: as I understand it, it is a data issue. NYSEData provides the info. that constitutes the TICK Indicator. It would require cooperation on their end or high level programming on the chart vendors' side to develop a true TICK Indicator. Please correct me if I am wrong.

NYSE consists of 2,764 issues. That's 2,264 more than anyone needs to see reflected in the TICK. I cannot believe that such an excessive number of equities will not distort and muddy the TICK.

I use Tradestation (fairly new to it). I know I can create a Radarscreen of the S&P 500 but don't know if/how I can manipulate it.

The tick indicator ($TICK) is a very popular market internal however, I believe its efficacy is dropping as evidenced by increasingly frequent divergences. It is my understanding that the TICK is constructed with tick data from the entire NYSE listed equities. Is there any way to filter the TICK down just to the 500 stocks that constitute the S & P 500 like the TIKI, which only reflects the DOW 30? Neoticker has attempted something similar with their TICK16 indicator.

malvado xetra & Ravin: can you please post charts proving your point? YM is preferred.

Here's a screen shot of the strat running.

Here's the eld. HULL MA STRATEGY.ELD

Here is a Tradestation Strategy utilizing the Hull Moving Average (please find the Hull MA eld under "Screaming Fast Moving Average") All credit to Atavachron. Type : Strategy, Name : Hull Moving Average Trading System { jtHMA strategy } inputs: price(Close), jthmaLength( 21 ), upColour(Blue), downColour(Red); variables: Avg(0), colour(0); Avg = jthma( price, jthmaLength ) ; if Avg > Avg[1] then colour = upColour; if Avg < Avg[1] then colour = downColour; {buy sell Criteria} if colour[1] <> colour then if colour = upColour then Buy ( "jup" ) next bar at market ; if colour[1] <> colour then if colour = downColour then sell ( "jdn" ) next bar at market ; {original this line is: sell short ( "jdn" ) next bar at market ; } You will want to tweak the instrument, period/tick count, session and look-back to get satisfactory results. This strategy is designed for market orders at the next bar after the signal. Any input regarding discretionary filter to be used in conjunction with this strategy would be appreciated. Hope the Helps.

Sparrow: About the worst trading advice (myth) out there is 'Buy low, sell high'. This encourages picking tops and bottoms. Far better advice is to "Buy a rising share, sell a falling share".

What quantifiable analysis have you done to confirm this assertion?

The Prop shop I used to work at had squawk but I found it a noisy nuisance. I can recall numerous times the announcer would shout "paper coming to buy" and the market would tank or head fake everyone. Combine that noise with 100 screaming/talking traders/CNBC/ telephones/and the people next to you yakking about their new boat and it was a miracle I made any $. Pit noise is of limited utility and this business requires laser-like focus to succeed.

I do not lie.

There was some discussion a few years back about implementing a punitive fee for lifting the bid or offer, so traders could get a truer picture of market demand. It died a quiet death.

feb: You've turned purple - did it hurt?

10 million dogs and cats a year are euthanized in the U.S. If your Mom truly is an animal lover tell her to get all of her future pets from a shelter and not some breeder or pet store.

Anything on Tradestation?

Fulcrum, who do you use for MP?

What pivot numbers do you guys use for rollover day? I notice on the ES at least there is still significant volume on the old contract. Would you combine the volume for a more accurate picture?

Contact your broker for their regs. My understanding is these contracts are completely fungible.

Does anyone use this indicator and if so, how?

Infinity's version of 'free' involves a higher rt commission. I know, I have traded both.

Actually, Transact platform is free if you do 360 rt per month. This represents about 18 rt per day. If you are trading more than 1 lot this is easily achievable. As with all brokers - the higher the volume the lower the commish.

Don't sweat the language thing. Just write your posts in your native language and use one of the many free translator services online to convert it to English. If it is still somewhat mangled, don't worry, we will figure out what you are trying to say!

I agree with your platform comments and might add that the Infinity AT is just a white label of the Transact AT, the originators of the platform and a very viable futures broker to consider. Regarding dogs in the trading room, I also agree - however, as Mark Twain said, "The more people I meet, the more I love my dog".

Not to rub salt in but my dog took a trade for me too. Earlier this week I had just entered a position and my dog came in to say hello and stepped on the power bar switch. After black screens and an anxious boot up, login routine I found myself up $460. God I love my dog.