Discussion in 'Index Futures' started by increasenow, Sep 11, 2007.
do you use it?...does it help and how?
Its soo choppy. I just stick all the dow 30 stocks on a watch board and see how many are up or down.
Thanks Spectra...how do you evaluate that as opposed to the $tiki?...do you use $tick or $trin?...thanks...
Mostly use the $TICK and $ADD (eSignal for Advance-Declines)
i find tick and ADD to be indispensable
i also watch bonds, sectors, and some key stocks (GS)
do you all find $Trin to be as valuable???
yes and no
trin is more of a "framework" indicator. iow, it tells me the trend of the buying (or selling pressure), and helps put institutional buying/selling in broad perspective.
the tick can be more shorterm to help with entries and exits.
i also look at accumulated tick (longer timeframe) data , which is similar to TRIN
but TICK and AD have more utility on a shorter timeframe, whereas TRIN is more of a longer term confirming indicator
I watch the TICK myself (for the ER2 also....does work).
great...bottommline...TRIN, TICK and ADD are amzingly important...they are REAL indicators and not like Stochs, MACD, MA, EMA...wow...
Separate names with a comma.