[Soultrader]

Some of us here use the TICK as a tool to judge market internals or as part of our trading strategy. The TICK is a very interesting tool in my opinion and I admit I rely on it heavily. It offers me clues on market strength/weakness and any change in market sentiment.

I would like to dicuss the TICK and the different ways traders use this tool to apply it into their trading. As some of you may know, I use the TICK's for several strategies including the opening play, TICK hook's, and fading the range extremes.

Several other strategies can be built from TICK channel breaks or price and TICK divergences.

I remember someone mentioning using the NASDAQ TICK.. how effective is this?

How do you guys use the TICK to build a trading strategy? Please feel free to elaborate on this as I am always interested in hearing more about this tool.