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kiy

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Alias Born 08/19/2010

kiy

Re: easycome92 post# 15480

Friday, 01/22/2016 2:28:24 PM

Friday, January 22, 2016 2:28:24 PM

Post# of 19859
15 minute $TICK chart...not an easy chart to read...

First...Intraday charts=the smaller the timeframe especially below 30 minute charts come with many false signals and all kinds of excess intraday noise... these TICK charts have all kinds of excess noise and I want the technical indicators of the TICK to filter some of that noise...its asking random/chaos noise to show some internal structure...

Start with this 30 minute chart to see what "TICK HOOK" day trading is... (which I don't encourage unless you admit that you're a gambler and are very dangerous to yourself and others...and come with a disclaimer on each of your posts here...LOL...)

Looking at the 30 minute chart...I have TICK with Bollinger Bands trying to contain TICK inside the BANDS...whenever tick goes outside the lower BAND and comes back UP it is a daytrade "TICK HOOK buy signal"...I want to turn these day trading signals into swing trade signals (1-3 day =swing trades)=so I only will listen to the TICK HOOK when price and CCI are oversold...

Next...(...I want to find a way to see this signal on the 15 minute chart=before it shows on the the 30minute chart...

(sounds complicated but all I do most of the time is let the %B 3/5 period average cross to get buy and sell signals on the 15 minute intraday chart cycle and best trades on these intraday signals should be with the daily chart's CCI bias...)
30 minute

15 minute TICK Chart...each of the technical indicators relate to "TICK" not the S&P price...

The TICK chart at the top has a Histogram of the "TICK"...vertical lines are drawn from the zero line of the histogram =when S&P price is at a Bollinger Band (many technical indicators should not be read unless "PRICE is at certain levels...Bollinger Bands will contain price inside the Bands... so I can say the outer Bands can act as pivot areas because price is somwhat overbought or oversold....I can say the 20,1 (one deviation) Band can act as a pivot or as a support or resistant band.

...I'm reading and comparing the top chart Histogram =cross zero line=comparing it to the MACD and the Stochastics and %B 3/5period average crossovers...*** and what I'm seeing on the price chart is these indicator signals of TICK are happening when price is crosing the 3 period average on the S&P price chart=which is saying the past 45minute average=is changing direction...
15minute TICK chart...=indicators relate/pertain to TICK not price...

15minute Price chart= indictors pretain to PRICE...

Simple...enjoy good trades

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