The $TIKI trading indicator

[777]

Does anyone look at the $TIKI?

That is the number of DOW up ticking stocks minus the number of DOW down ticking stock.

And if you do, how do you use that information?


http://www.programtrading.com/faqnew/index.php?action=artikel&cat=12&id=93&artlang=en

 

[Big AAPL]

I would think that the Dow Futures reflects that information in real time

 

[Real Money]

I started using these. I think they're decent for confirming/screening whatever type of read you're getting. Upvol/downvol seems pretty good.
I'm guessing it's similar to $TIKI.

 

[Real Money]

Does anyone look at the $TIKI?

Very interesting. He says it leads the PREM, and that checks out. Anybody who knows anything about HFT, index arb, and program trading uses the PREM in some way.

All the execution algo's and rate and index futures algo's are using it. It's central to the US market and tied in directly to the bond market. You can literally derive an interest rate from the spread.

The PREM (basis spread) is used extensively for developing trading algo's, robots, and indicators. I will just use this thing in addition to the basis from now on.

This means that all of these things are related/dependent.

bob spread
index basis
$TIKI

Examples of basis formulae are NQ - NDX or ES - SPX.

Thanks.

 

[easymon1]

$TIKI?

http://traderfeed.blogspot.com/2006...006/10/tiki-dow-tick-and-program-trading.html