Mobius has written thousands of indicators uses only a couple indicators with the main one being Pivots. Don Kaufman at Theo uses no indicators other than TICK and expected move.
It is probably a 50/50 shot when predicting a market volatility spike using tick on the daily but when it's right it usually makes a lot more (30%-100% gains per trade in the last year) then when its wrong (10%-30% losses per trade in the last year) All I know is it is very hard to be as leading as it is to many of the large spikes.Interested in hearing how he uses it as well. Just to make sure - We're talking about NYSE $TICK?
@diazlaz glad I asked about the scanner...thanks. Take your time...I know you're devoting lots of personal time to this...The community will for sure be very grateful for such a great study.@HighBredCloud plot scan = sBearish >= threshold;
Porting of the modules continue through out the week, goal to have them all completed by the end of the weekend.
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