Home > Uncategorized > Trading experimentation: ticks vs price charts

Trading experimentation: ticks vs price charts


A futures wheel as described by Jerome C. Glenn.

Image via Wikipedia

am very pleased and interested in the results of using tick charts in short term futures trading

tick charts do a good job of mapping the psychology implied in price changes in a regular wave, calibrated by decisions made, rather than in decisions over time

in some ways it is the conceptual equivalent of point and figure charts, and renko charts

we are finding that 200 ticks per candle is probably too  sensitive to mood changes and increases trading frequency in a large index like the Dow, but that 800 ticks looks very good for intraday trading

these are things you only learn by trying, and our live trading workshop did a good job of testing the  ideas

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Categories: Uncategorized
  1. Terry Lesniak
    August 14, 2011 at 12:23 pm

    Especially in volatile markets, adjusting tick counts as a function of Average True Range (ATR) can be useful as it may give a cleaner signal dependent upon the degree of size one is able to put on.

  1. August 14, 2011 at 12:55 am

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