Using the Tickspeedometer to reveal momentum and participation
https://youtu.be/0BYk_OWAE6s
Using the TickSpeedometer to Reveal Momentum and Participation
The TickSpeedometer is a powerful Quantum indicator for NinjaTrader. It measures tick velocity in real time. This reveals surges in buying or selling pressure. Traders see momentum and participation instantly. Traditional charts hide this detail. TickSpeedometer exposes it. In the US trading session, we take a closer look at the Quantum Trading Tickspeedometer indicator and how to use it with time-based charts. Then we move on to the E-mini indices as they trade in a quiet session ahead of the NFP data on Friday.
How TickSpeedometer Works
The indicator tracks ticks per second or period. High speed shows strong momentum. Low speed signals fading interest. Volume price analysis (VPA) pairs perfectly—high tick speed with volume confirms conviction. Low speed on price moves warns of traps.
Revealing Participation in Markets
Participation is key in fast markets like emini futures or forex. TickSpeedometer highlights surges. For example, a rally on rising tick speed shows buyers dominating. Sudden drop in...