An Indicator That Shows.. Market Depth

[sillykiddo 10]

Hi

 

anyone knows any indicator.. .

that will actually do the following

 

It collects multiple data sets from every trade on the NYSE on a tick by tick basis, providing us with a unique x-ray of the underlying market environment

 

 

I think combine with this indi with S/R / pivot we can do very well in futures market..

 

anyone knows any indi about this ?

 

thanks

[Tams 20]

Hi

anyone knows any indicator.. .

that will actually do the following

It collects multiple data sets from every trade on the NYSE on a tick by tick basis, providing us with a unique x-ray of the underlying market environment

I think combine with this indi with S/R / pivot we can do very well in futures market..

anyone knows any indi about this ?

thanks

 

 

you are thinking of TRIN.

 

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:trin

 

 

 

do a Google on TRIN, you will find lots of articles on its interpretation and application.

Edited March 28, 2009 by Tams