What happens when the NYSE TICK is below 0 for 45 bars? This happened today and the market would not go down. Yet! We were long earlier with VIX Swing and Gap Fill and hit profit targets. Now we are short TICK Pulse.
For the last four years, this has been an incredible short signal. Here is the free EasyLanguage code:
We wanted further confirmation for our TICK Pulse short trade today. This signal has been a better short signal than buy signal the last 4 years. This is "hot off the press" and I have not tested any additional parameters or history. 45 bars was used since that is what was observed today. More bars will generate less trades and less bars will generate more trades.
See all the details in the video below.