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Date/Time: Wed, 15 May 2024 21:23:51 +0000



Post From: Sierra chart NYSE-TICK vs $TICK in TradeStation

[2015-08-07 07:33:57]
User520037 - Posts: 6
SCH team, are there any updates on NYSE-TICK development? You said you have to experiment with ignoring thinly stocks.

There are still significant distinctions especially on bearish days like yesterday in ESM5 contract.

We see higher values above 0 than below 0, while there is much more pressure from sellers than buyers, seen via price action and other providers of TICK showing -600/-700 values while in Sierra chart, TICK does not reach even -600.

It is longterm issue with SCH TICK and it has biggest impact when markets are bearish, it is tough to recognize it due lack of momentum on TICK. Traders who rely their view on TICK are often misled.

Thanks for your effort in dealing with this.