The $TICK index measures the number of stocks with positive ticks versus negative ticks in the exchange. If the $TICK is sustaining above 0 then it is considered to be in an up trend. Conversely, if the $TICK holds below 0, then it is considered down trending.
The default settings for each mode of operation have been carefully selected. Explore all the features available in TickSurfers $TICK Indicator by going to the indicator’s input settings and selecting the modes and settings your prefer.
Docs available for this indicator
TickSurfers TICK Indicator is available for the following platforms:
TradingView®
TradeStation®