does anyone use ticks or trin to confirm these trades?
I use them for daytrading and find no-pms methods very interesting. If you plot a 2 min chart of the tick and the trin it might help filtering or at least exiting trades when in a trend day. You could use a divergence in the tick index to confirm your entry and if the trin is trending against your trade you could use the tick extreme to exit a profitable position before it goes against you. Plot a bollinger band on the tick index and use penetrations of the band as extremes.
I use them for daytrading and find no-pms methods very interesting. If you plot a 2 min chart of the tick and the trin it might help filtering or at least exiting trades when in a trend day. You could use a divergence in the tick index to confirm your entry and if the trin is trending against your trade you could use the tick extreme to exit a profitable position before it goes against you. Plot a bollinger band on the tick index and use penetrations of the band as extremes.
