Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

[Understanding the TICK Part 2]

Recommended Posts

the other guy is correct (as far as i know) - the QT line chart is updated once a second

 

i read somewhere how often the NYSE updates it's TICK but i can't recall off-hand

 

regardless, the point is that a classic line chart can show (basically) every value, whereas a line on close doesn't.

 

i learned to trade using a line chart (didn't even know what a lineonclose was) of the TICK. so, i prefer it. it's what i'm used to. but that's tangential to the fact that it does provide MORE and MORE ACCURATE information than the line on close, since the line on close is like a derived chart. it takes longer intervals as a close and only shows you those values. it may appear less noisy, but when i scalp, i want ot see the noise. one person's noise is another's price action :)

 

as for the 1tick chart being the same. it's not cause it does not (as far as i can tell by the picture) plot a smooth continuous line of the TICK value, which is what the line chart does.

Share this post


Link to post
Share on other sites
Guest cooter

as for the 1tick chart being the same. it's not cause it does not (as far as i can tell by the picture) plot a smooth continuous line of the TICK value, which is what the line chart does.

 

Huh? So where is YOUR pic showing the "smooth continuous line" - whatever that means to you. Explain. Sounds like you're the one engaging in rhetoric now.

Share this post


Link to post
Share on other sites

d00d.

 

deal with it.

 

everybody on the face of the earth knows what a LINE chart is.

 

it's not that frigging complicated.

 

each time QT (or any program that uses a line chart) receives a new TICK value, it plots it by scrolling to the right, plotting that value, connected in a LINE to the previous value

 

i can't teach a pig to sing, and i apparently can't teach you what a line chart is.

 

i guess that's my failing (rolls eyes)

Share this post


Link to post
Share on other sites
Guest cooter

i guess that's my failing (rolls eyes)

 

Yep, guess it is.

 

And yes, I know what a line chart is. Pretty simple to me, actually.

 

What I fail to understand is how the pic I posted up top ISN'T a line chart?

 

You still haven't made that clear to me, or many of the other readers lurking.

Share this post


Link to post
Share on other sites

I think it's just a graphical issue with TradeStation. A one tick chart is the same as a continuous line chart but the line should update horizontally so you have one smooth line. See my KOSPI video I posted above for illustration.

Share this post


Link to post
Share on other sites
Soultrader, can you give any hints as to how you even got this concept of $TICK hooks? Did you come up with that or is that 3rd party? Its so beautifull.

 

Just a tweak from Hubert Senters over at TradeTheMarkets.com. I find TICK hooks on a 5minute combining with candlesticks more effective in my trading.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.