Tag: tick charts

https://youtu.be/pLPlbW6K4kA How Do I Know What Tick Speed to Set My Tick Charts To – Do I Guess? Tick charts are a scalper's favorite. They form bars based on a fixed number of trades (ticks), not time. This reveals pure momentum. But choosing the right tick size feels tricky for beginners. Do you guess? No—the Quantum TickSpeedometer solves this. It measures tick velocity in real time. This guides optimal settings and trading decisions. No Guessing Needed: The TickSpeedometer Leads the Way The TickSpeedometer on NinjaTrader tracks ticks per period. High speed shows strong participation—buyers or sellers dominating. Low speed signals fading interest. To set tick charts: Start with a default (e.g., 233 or 500 ticks for emini futures). Watch TickSpeedometer. Ideal setting: Bars form at a pace showing clear surges (high speed) without excessive noise (too many bars) or lag (too few). Adjust until momentum appears cleanly—surges on high speed, pauses on low. This adapts to volatility. No trial-and-error guessing. Trading with TickSpeedometer Confirmation The indicator does more...