TICK and TRIN suitable for Swing Trading?

I

Ingazon

Hi guys,

I'm rather new to this, and was wondering if you use the TICK and TRIN for swing trading. I know that both are used as short-term trading tools, and I believe people use them on 5- and 15-minute charts.

Do any of you find them useful for swing-trading? And if so, what time frame do you find most suitable?
 
The NYSE-TICK is sick, and needs lots of attention and medicine, and no one is tending to it.
The NYSE-TRIN (and its various SMAa, YMMV) is an old and reliable friend. If you're gonna go that route, though, you'd want a VXST/VIX, too.
Time frames?? Gonna depend on your underlying. Investigate, check, check, and re-check. Hourly, daily, weekly, monthly. (No shit! :wtf:)

Have at it! :)
 
tommcginnis said:
The NYSE-TICK is sick, and needs lots of attention and medicine, and no one is tending to it.
The NYSE-TRIN (and its various SMAa, YMMV) is an old and reliable friend. If you're gonna go that route, though, you'd want a VXST/VIX, too.
Time frames?? Gonna depend on your underlying. Investigate, check, check, and re-check. Hourly, daily, weekly, monthly. (No shit! :wtf:)

Have at it! :)
More...

That was quick! Thanks a million! :)
 
Yes - tick can help your swing trading. Just keep an eye on it. When it hits extreme readings and other things line up like a multiple bottom formation on declining volume than you have the potential for a good swing trading.

In this example I use the price formation, volume, and tick.
* Note the declining volume & tick(blue)on each tail - that showed sellers were nearing exhaustion and buyers were stepping in.

upload_2018-1-19_12-31-58.png
 
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