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$TICK as an Indicator
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Welcome to the forums FishTrade!
An indicator has been created to recreate ^ADD but an indicator has not been created to recreate ^TICK. ^TICK is typically offered through your data provider.
If you would like to see how the Advance Decline indicator was written, a publicly available link can be found below. Note: this indicator creates an estimate of ADD and does not create create a verbatim data series to an actual ^ADD instrument.
NYSE Advancing Issues/Declining Issues Uses historical tick data to calculate the ^ADV index minus the ^DECL index to give a simulation of the ^ADD index. Requires a data feed that supports indexes and provides data for the ^ADV (NYSE Advancing Issues) and ^DECL (NYSE Declining Issues). Update June 16th, 2020 – Corrected stroke attributes to […]
The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.
We look forward to assisting.
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