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  • #21
  • Jan 21, 2006 12:20pm Jan 21, 2006 12:20pm
Quoting qweet
I don't think an equal tick does exist! Because it is always continuing moving up or down.

If 10 seconds nothing happens, is it an equal tick? If you're looking from the 5sec chart you may say, "it was an equal tick", but if you're looking from 1 hour it is just nothing in relation to it.

So it comes down for me, that equal ticks simply does not exist.

What about the weekend? Well I think it is also relative. Very nothing in relation to a year.
An equal tick ( = ) is a trade that took place at the same price as the previous trade. Regardless of how long you wait after a + or a - tick, they won't ever show a = tick just because of lack of volume....each tick is a trade.
  • #22
  • Jan 23, 2006 3:45am Jan 23, 2006 3:45am
Point and Figure, my program is now able to do this. I ask you to try it at least. I think it helps to make the right decisions in a row.

http://qweet.piranho.com/pictures.htm

http://photos1.blogger.com/blogger/1...1600/row_8.jpg
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  • #23
  • Jan 23, 2006 9:56am Jan 23, 2006 9:56am
Quoting GoatT
An equal tick ( = ) is a trade that took place at the same price as the previous trade. Regardless of how long you wait after a + or a - tick, they won't ever show a = tick just because of lack of volume....each tick is a trade.
I'm not sure how an = tick correlates to volume {other than the number of lots that traded @ prev priceor who 'they' are but I am sure that Omega Pro does show = ticks.

So I think you must be talking purely about the chart itself. Correct?

btw, if you watch that tick trend at the end of a session, you will see that the volume of = ticks increases dramatically

B
  • #24
  • Last Post: May 16, 2019 5:28am May 16, 2019 5:28am
Sorry, I do not know. I am a beginner here.
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