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TICK Extreme Levels & Alerts

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Automatically draws horizontal lines at +1000 and -1000 TICK levels
Sends alerts when TICK crosses those levels (for potential scalping/reversal setups)

Strategy: How to Use TICK in Real-Time Trading

1. Confirm Market Breadth

Use TICK to confirm broad participation in the move:
• Long S&P futures or SPY? Only buy breakouts if TICK is above +600 to +1000
• Shorting? Confirm with TICK below –600 to –1000


2. Fade Extremes for Scalps

Look for reversals at extreme levels:
• Fade +1200+: market likely overbought short term → scalp short
• Fade –1200–: market likely oversold → scalp long

Use in combo with other signals (like price exhaustion, candlestick reversal, or VWAP touches)


3. Avoid Trading in the Choppy Zone

If TICK remains between –400 and +400, institutions are not committed. This is where fakeouts are common.


4. Time Entries with TICK Swings

For example:
• TICK moves from –800 to +600 = momentum shift → look for long entries
• TICK stalling around +1000 = momentum climax → partial profit or fade play
Notes de version
Clear code
Notes de version
Updates to ver6
removed drawings and alerts
Notes de version
Updated removed drawings

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