I'm making this one of the main aspects of my trading plan, I have found them to be very reliable and would appreciate any feed back. Basically I look for Tick extremes that match price hitting a high or low value area. Here's a video example from Tuesday: http://www.youtube.com/watch?v=OPYhcE801Pw
Cool videos. Good concepts. I trade spot FX so thus far I haven't really been able to find a way to use TICK, but it seems like it would be very helpful. A member here named They had a thread where he described it as an oscillator based on the actual rhythm of the market and not a preset arbitrary period. Sounds pretty accurate to me.
The best way I've found to use the TICk is as a genarl gauge of the market, are there more ticks over 0 (bullish) or under 0 (bearish), and of course, the extreme readings when they conencide with important areas.
Here's how I'm monitoring a trade I"m currently in with Market Profile, this is TFI on the Thai stock market: http://www.youtube.com/watch?v=zl8LGGuH7D0