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Tick charts question


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Tick charts question

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 martifc 
Clerkenwell, London
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Can anyone give me an explanation of futures tick charts, or point me to a thread/link, and the advantages/disadvantages of using them?

Thanks in advance.

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 Linds 
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Hi Martifc
A 'tick' is a trade - it can be 1 contract or 100 but it is still one tick. So a 1000 tick bar shows the range made up of the last 1000 trades.

There's no inherent advantage of any chart type IMO - its just a matter of what appeals to you.

But some argue that range and tick charts are neater because they show price independent of time.

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 trendisyourfriend 
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martifc View Post
Can anyone give me an explanation of futures tick charts, or point me to a thread/link, and the advantages/disadvantages of using them?

Thanks in advance.

Tick Charts – 5 Compelling Reasons You Should Use Tick Charts

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Last Updated on January 21, 2011


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