Market Internals
Documentation for: ADD Ratio Cumulative TICK VOLD Ratio Offense / Defense Line (OD Line)
Jeff Holden and Garrett Drinon from SMB Capital discuss how they use market internals to spot trending days. This discussion encompasses three market internal indicators: $ADD, $VOLD and $TICK. TickSurfers has added calculation modes in the settings of each indicator to help you toggle from one mode of calculation to another in line with the information presented in this video.
Related documentation:In this presentation, Garrett Drinon from SMB Capital walks through how he has systemized understanding market internals using $ADD, $VOLD ratio, $TICK and more. Although a bit lengthy, this video is a thorough breakdown of how to use these market internal indicators to make winning trades.
Related documentation: