To
Import this Trading System,
- Open the
Configure Modules Window and
- Right
click on the window.
- Then
choose Import and select
TickExtremes.mod
This Trading system is
contained In StormsetLite1
When the Tick indicator goes
below -700 the market is oversold
and is due for a bounce. The
reverse is also true, when the
Tick Indicator goes above 700, the
market is due for a
pullback.
Possible Variations:
- Use
this in conjunction with other
overbought/oversold indicators
to find high probability
reversal conditions
- Use values other than
+/- 700, use more extreme
values to create a higher
probability alert
- The default uses the NYS
Tick(#TICK-N#), you can also
use the Nasdaq Tick indicator,
#TICK-Q# Refer to the FAQ
page to find other Market
Indicators that can be used
