[streaming]

Does anyone use the TIKI as a tool to trade the dow futures? I am not sure how I can apply this tool to my trading. Any advice?

[Raphx]

Originally Posted by streaming »

Does anyone use the TIKI as a tool to trade the dow futures? I am not sure how I can apply this tool to my trading. Any advice?

Newbie question, what is a tiki?

[Soultrader]

Originally Posted by Raphx »

Newbie question, what is a tiki?

The TIKI is the same as the TICK except it applies to the 30 Dow stocks.

It is simply the upticking stocks minus the down-ticking stocks. The TIKI is not as useful as the TICK but I do use it for my trading tool.

What's important is watching out for the extreme TIKI readings. The rest is noise. I have lines plotted across +26, +28, +30, -26, -28, and -30. Extreme readings are potential fades.

The TIKI is also used to watch out for buy or sell programs kicking in. If the TICK and TIKI is both at extreme readings, price movement is most likely caused by sell/buy programs.

[stephens]

Very nicely explained. I am familiar with the TIKI but I have found it to be completely useless in my trading.

[Soultrader]

Originally Posted by stephens »

Very nicely explained. I am familiar with the TIKI but I have found it to be completely useless in my trading.

Combine it with the premium. The TIKI can give you a heads up before buy and sell programs kick in.

But overall, I don't use it too much.

[streaming]

How often does the TIKI reach the extremes? For it to be +30 means that all dow stocks must be upticking?