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Tick Count Trend II

$TICK Count Trend II is the counter trend version of $TICK Count Trend. It uses the NYSE TICK symbol to help determine the direction of the trend based on the NYSE TICK if a trend exists. TICK Count Trend waits for a trend while Tick Count Trend II takes trades when there is no trend.

The indicator keeps track of the the number of NYSE TICKS above the Bull Threshold, the number of NYSE TICKS below the Bear Threshold, and the number of neutral TICKS in between the bull and bear threshold during the day on 1 minute charts. Looking at the TICK Count Trend Indicator can be used to help determine the trend of the stock market. This can be used with stock index futures day trading.

Tick Count Trend II Hypothetical Tradestation Performance Summary
June 15, 2007 - June 15, 2017
Slippage and Commission not included in the calculations

The following performance summary shows how the Tick Count Trend II strategy has been in sync with the narrow range and counter trend mode of the market since January 2016 and the average trade profit is higher than the historical average trade profit.

Tick Count Trend II Hypothetical Tradestation Performance Summary
January 1, 2016 - June 15, 2017
Slippage and Commission not included in the calculations


We recommend the Money Management Algorithms to trade this strategy. The following performance summary shows how the Tick Count Trend II strategy works over the last 10 years using the Money Management Algorithm. The settings for the Money Management Algorithm that we use are shown below the performance summary.

Tick Count Trend II Hypothetical Tradestation Performance Summary
June 15, 2007 - June 15, 2017
Slippage and Commission not included in the calculations

Money Management Algorithm Input Settings

Tick Count Trend II Input Settings

Tick Count Trend II Data Settings

What is the NYSE $TICK symbol?

The $TICK symbol is listed on the New York Stock Exchange (NYSE) and keeps track of all the stocks on the NYSE on a tick by tick basis, tracking how many stocks are in an uptick, how many are in a down tick, and how many are in a side tick. The $TICK symbol is the difference in the number of stocks in an uptick and those in a downtick. There are approximately 3700 stocks on the NYSE. For example, if there are 2500 stocks in an uptick and 1200 in a downtick, then the $TICK symbol will be +1300. This number can be a + or – number. Another example, is if 2500 stocks are in a downtick and 1200 stocks are in an uptick, the $TICK symbol will be -1300.

The $TICK symbol usually has readings between +1200 and -1200. This symbol only represents the NYSE stocks and not the entire universe of all stocks but can be a good indicator of the short term direction of the stock market and can be useful when trading stock index futures.

How the NYSE TICK is different on different trading platforms and from different data providers?

In June 2012, we have found that the TICK symbol is different in different trading platforms.  We have focused on just one platform and data provider for many years but as we look at different platforms we have learned more about how the NYSE Tick is calculated. Each quote provider calculates the NYSE Tick. It does not come from the New York Stock Exchange. Different quote providers use a slightly different list of NYSE stocks to make the calculation and the update interval can be slightly different as well.

Trading systems results between different platforms can vary because of this and for our Tick Count Trend trading system, we use different bull and bear threshold values.  In our NinjaTrader platform using Kinetick data, the symbol is ^TICK and the bull and bear threshold are +/-100 while in Tradestation the symbol is $TICK and the thresholds are +/- 200.  These are the thresholds that match the best between platforms going back one year from June 2012.

The video below shows real time analysis and an explanation between different platforms for the NYSE Tick.