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I took a bit of break from trading as I found myself completely undisciplined and doing my same old, market and strategy hopping. I realized that how I view myself is a direct correlation to how I interact and view markets. So I did some work on myself to be able to vie myself as a professional trader. Then I asked myself "What market would you trade if you knew you couldn't fail?". My resounding answer was the Nasdaq Futures market. I am a professional Nasdaq Futures trader. My trading style is utilizing a 1 Minute Chart. I focus all my attention specializing on the 1 Minute Chart.
I have used TICKQ in the past but it did not improve my trading so I dropped it.
Maybe I was not reading it correctly.
I have used Ehlers Simple Decycler and it seems to do a decent job at trend detection. FWIW
p.s. I have asked the author of the indicator for permission to post here.
If he gives it I will post it in the downloads. You can also find it on the NT App Share website.
Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
From my experience, the TICKQ with 42/5 EMA works a lot better for identifying overbought/oversold conditions and trend direction with the Russell 2000 that the NASDAQ 100. I tried using the ticks for the ND 100 and there was just too much noise.
The TICKQ index is very broad based as it considers the entire Nasdaq exchange stocks listings (over 3,300 stocks). The NQ contract is only representative of the top 100 NASDAQ stocks. The broad base representative of the TICKQ seems to correlate better to the broader based Russell 2000 than it does to the smaller based NASDAQ 100.