The "TICK Aggregator and Advance and Decline Visualizer: NYSE, NASDAQ, DOW, AMEX" is an indicator designed to provide traders with a consolidated view of the TICK indices from four major exchanges: NYSE, NASDAQ, DOW, and AMEX.
By fetching and combining TICK data from these exchanges, the indicator displays a unified TICK index that helps traders quickly gauge market momentum and conditions. The visualizer also incorporates the "Security Advance Decline" lines to give further insight into market advances and declines.
There is also a center dotted line to show whether bear or bulls have the upper hand.
This combined approach ensures traders can interpret market dynamics at a glance, allowing for more informed decision-making.
By fetching and combining TICK data from these exchanges, the indicator displays a unified TICK index that helps traders quickly gauge market momentum and conditions. The visualizer also incorporates the "Security Advance Decline" lines to give further insight into market advances and declines.
There is also a center dotted line to show whether bear or bulls have the upper hand.
This combined approach ensures traders can interpret market dynamics at a glance, allowing for more informed decision-making.