Multiplier to make $TQCK equivalent to $TICK

Discussion in 'Technical Analysis' started by RangeTrader, Apr 29, 2012.

  1. Just from eyeballing it it appears that the nasdaq tick is a bit more tame than the nyse tick. Eg, an 800 tick on the nasdaq appears equivalent to a 1000 tick on the nyse.

    I tossed a 1.25 multiplier on the $TQCK(Nasdaq Tick) and it looks about right cross compared to the $TICK.

    Anyone have any thoughts on this?