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This thread has a number of setups dating all the way back to 2010 (NinjaTrader 6.5). I was in my experimental / learning phase (and in some respects, still am!)
Many things have changed since then. Best to scroll down to the last page in the thread …
TICK16 is the next generation of the classic breadth indicator TICK index. It offers many advantages over the original index and is much more useful for the current hectic trading environment. I am going to cover some basic usages of this powerful tool.
once you introduce a variable input into the equation you will have endless variations. you can see he already have tick16 and tick55 to front run him I will use tick5 instead.