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What timeframe TICK chart do you use? Also I noticed in your charts you use mostly a line on close TICK chart. Why is that? |
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I use a line on close TICK chart primarily for visual purposes. A line on close TICK chart will show me TICK hooks which a candlestick chart will not. However, one disadvantage of using a line on close TICK chart is that you will not see the actual highs and lows produced by candlestick wicks.
I will also use a candlestick TICK chart and will place audio alerts at +1000, +1200, -1000, and -1200 readings. Other than that I do not focus on it as much.