What is your experience with TickStrike? (sound of the market) www.tickstrike.com - Vendors and Product Reviews | futures.io
futures.io futures trading


What is your experience with TickStrike? (sound of the market) www.tickstrike.com
Started: by rcabri Views / Replies:4,858 / 11
Last Reply: Attachments:3

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 3  
 
Thread Tools Search this Thread
 

What is your experience with TickStrike? (sound of the market) www.tickstrike.com

  #1 (permalink)
Elite Member
Switzerland
 
Futures Experience: Advanced
Platform: ninja trader CQG Trader
Broker/Data: Kinetick, IB
Favorite Futures: DAX ES CL
 
Posts: 149 since Nov 2010
Thanks: 953 given, 120 received

What is your experience with TickStrike? (sound of the market) www.tickstrike.com

I must admit that the idea of having a kind of sound of the order flow is not so bad I am testing 1 instrument CL and I tested also ES NQ YM TF and I have to admit that for intraday trading is not so bad.
I would appreciate the comment of other user if there are. I include the link of a webinar on trading pub and the web page oftick strike
http://www.youtube.com/watch?v=9r7GeeNGegA
http://tickstrike.com/
Thanks for any comments

Reply With Quote
The following user says Thank You to rcabri for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Italy, Europe
 
Futures Experience: Intermediate
Platform: Sierra charts
Favorite Futures: Dax, Bund, 6E, currencies
 
italiantrader's Avatar
 
Posts: 16 since Jan 2012
Thanks: 3 given, 4 received



rcabri View Post
I must admit that the idea of having a kind of sound of the order flow is not so bad I am testing 1 instrument CL and I tested also ES NQ YM TF and I have to admit that for intraday trading is not so bad.
I would appreciate the comment of other user if there are. I include the link of a webinar on trading pub and the web page oftick strike
Using Order Flow to Trade Breakouts by tickstrike- October 30 - YouTube
tickStrike | the audio market tape reader
Thanks for any comments

Probably could be a nice tool for scalpers, but personally my brain can't process more informations than those coming from charts and I 'm afraid it would only add extra doubts. During the years my tendency has been toward a constant strive to simplify decision processes. But I am sure it can suit other trading styles

Reply With Quote
The following user says Thank You to italiantrader for this post:
 
  #4 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 696 since Oct 2011
Thanks: 611 given, 2,324 received

Answer
This post has been selected as an answer to the original posters question Answer

I've been using tick strike for about 5 weeks now..the first week being the free trial. It actually works very well in my opinion. When the ticks start really sounding and you get to the higher levels on the visual meter, you can often see some strong price follow through. If the ticking is fairly continuous, it can help one stay in a trade longer.

Overall, a pretty good tool for capturing strong moves . I can't vouch for it on other instruments..since my subscription is only for one instrument which is Cl.

Failure is not an option
Reply With Quote
The following 2 users say Thank You to lancelottrader for this post:
 
  #5 (permalink)
Elite Member
Zurich, Switzerland
 
Futures Experience: Intermediate
Platform: Ninja, CTS, TOS
Favorite Futures: ES, TF, CL, NQ, GC
 
Otterly's Avatar
 
Posts: 130 since Aug 2011
Thanks: 248 given, 57 received

Answer
This post has been selected as an answer to the original posters question Answer

Futures Edge on FIO
I´m currently doing a trial of TickStrike.

I was using only one instrument at first, CL. After a few days of using it I felt there was what can only be described as "lag" and if not lag, then an "insensitivity" issue. What I mean is that it just does not seem to react in time with order flow changes, if its not lagging a little bit late then it seems that it is certainly not sensitive enough to the order flow changes in the CL market. Don´t get me wrong, the lag/in-sensitivity is minimal, but I do trade using order flow and it certainly doesn´t seem in sync to me.

I wonder if anyone else experiences/thinks the same? If not maybe it is my connection to their server, but that always has a quality of A, and now and again B. Their built in tester confirms my connection is OK, and on the good side, so I do not think this is the issue.

This made me think to try it on another instrument to see if the same issue was there, so I signed up to test GC too. It certainly does seem more closely matched to the order flow of GC than CL, I have only had GC on a few hours though but it seems to be more in sync. Why is this I wonder?

The principle seems great, but as for actually seeing any real use, not too sure as yet. It is certainly OK for alerting of an instrument which starts to move, but as for accurately depicting order-flow, not convinced at all.

I would like to see some way of being able to adjust the sensitivity at user end - Not sure this is possible because currently TickStrike say that it learns based on market behavior, but my (limited) experience so far is that is it not closely in tune so needs tweaking at their end - Especially for someone who wants to trade London and US session of CL, it would need to have user end settings !

Regarding customer service, I had to send some mails and got very prompt and competent replies. Certainly no issues on that score - I will however be pointing out my issues as outlined in this post, so I wonder what their response will be - I will report back.

Reply With Quote
The following 2 users say Thank You to Otterly for this post:
 
  #6 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 696 since Oct 2011
Thanks: 611 given, 2,324 received


Otterly View Post
I´m currently doing a trial of TickStrike.

I was using only one instrument at first, CL. After a few days of using it I felt there was what can only be described as "lag" and if not lag, then an "insensitivity" issue. What I mean is that it just does not seem to react in time with order flow changes, if its not lagging a little bit late then it seems that it is certainly not sensitive enough to the order flow changes in the CL market. Don´t get me wrong, the lag/in-sensitivity is minimal, but I do trade using order flow and it certainly doesn´t seem in sync to me.

I wonder if anyone else experiences/thinks the same? If not maybe it is my connection to their server, but that always has a quality of A, and now and again B. Their built in tester confirms my connection is OK, and on the good side, so I do not think this is the issue.

This made me think to try it on another instrument to see if the same issue was there, so I signed up to test GC too. It certainly does seem more closely matched to the order flow of GC than CL, I have only had GC on a few hours though but it seems to be more in sync. Why is this I wonder?

The principle seems great, but as for actually seeing any real use, not too sure as yet. It is certainly OK for alerting of an instrument which starts to move, but as for accurately depicting order-flow, not convinced at all.

I would like to see some way of being able to adjust the sensitivity at user end - Not sure this is possible because currently TickStrike say that it learns based on market behavior, but my (limited) experience so far is that is it not closely in tune so needs tweaking at their end - Especially for someone who wants to trade London and US session of CL, it would need to have user end settings !

Regarding customer service, I had to send some mails and got very prompt and competent replies. Certainly no issues on that score - I will however be pointing out my issues as outlined in this post, so I wonder what their response will be - I will report back.

Personally, I haven't noticed much lag. I use it for Gold and CL. When order flow starts to change, I usually see 1 bar on the meter with a slow tick cadence..then when I get up to level 4 or 5 on the meter and rapid steady ticking.. I generally see some real follow through on the moves. When a real breakout starts to happen..often the whole meter lights up and the ticking sounds like a machine gun. I found this to be a great confirmation tool. If there is lag, it hasn't really bothered me.

Failure is not an option
Reply With Quote
 
  #7 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 696 since Oct 2011
Thanks: 611 given, 2,324 received

I think the sweet spot for the beginning of a move is about 2 to 3 bars on the meter with some rapid ticking. By the time you're up to 4 to 5 bars, the move is already under way.

Failure is not an option
Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
  #8 (permalink)
Elite Member
Zurich, Switzerland
 
Futures Experience: Intermediate
Platform: Ninja, CTS, TOS
Favorite Futures: ES, TF, CL, NQ, GC
 
Otterly's Avatar
 
Posts: 130 since Aug 2011
Thanks: 248 given, 57 received


Otterly View Post

Regarding customer service, I had to send some mails and got very prompt and competent replies. Certainly no issues on that score - I will however be pointing out my issues as outlined in this post, so I wonder what their response will be - I will report back.

I emailed them and they replied with a comprehensive answer. They confirmed that others have mentioned the lag which can occur at certain times, they´ve given a very reasonable explanation about why this is. They have also said they are working on a setting that will allow the user to change sensitivity, this should overcome the issue.

As I suspected (and hoped!) it is not "lag", the issue seems to be in the sensitivity which they are careful to tune to stop giving "too many alerts"...

I´m very comfortable with this company, and how they have communicated with me. I really like the product idea, I look forward to the new release. Without doubt this will be great for many people.

Reply With Quote
 
  #9 (permalink)
Elite Member
Reno, Nevada
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ZN, ZB, FDAX
 
phantomtrader's Avatar
 
Posts: 122 since May 2011
Thanks: 5 given, 191 received

Answer
This post has been selected as an answer to the original posters question Answer

I took a trial of TickStrike. It's very interesting. Only have it for a day so far, but I can see where it might be useful. Certainly saves your eyesight because you're not watching Time & Sales going blind. I think the key is to identify a few patterns that might be useful but I'm sure it would take some time to do this. Good concept though.

Reply With Quote
 
  #10 (permalink)
Elite Member
Oregon
 
Futures Experience: Beginner
Platform: Sierra Chart
Favorite Futures: ES
 
Stillgreen's Avatar
 
Posts: 163 since May 2014
Thanks: 293 given, 211 received

TickStrike- free version


This website
FinancialJuice | Your Financial Universe In One Place & In Real-Time

has a free, simplified version of TickStrike, only for ES. If someone here has the full version, could you compare them and tell if this free version is accurate ?

Reply With Quote

Reply



futures.io > > > > What is your experience with TickStrike? (sound of the market) www.tickstrike.com

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

Bookmap New Indicator Panel, Cumulative Delta, Order Flow demo

Jan 17
 

An Afternoon with FIO member Massive l

Elite only

Leo Murphy: Making sense of Technical Analysis and Random Walk

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
MSA - Market System Analyzer (www.adaptrade.com) PandaWarrior Vendors and Product Reviews 19 November 17th, 2013 10:47 AM
Experience using CTS (www.ctsfutures.com) aquarian1 Brokers and Data Feeds 13 February 14th, 2013 06:49 PM
Experience with TradeGuider? (www.tradeguider.com) sunfun72 Vendors and Product Reviews 12 October 23rd, 2012 04:34 PM
experience with Options at the open? (www.optionsontheopen.com) fasttraxs Vendors and Product Reviews 1 September 3rd, 2012 05:18 PM
Experience with Beyond Traders Private Trading (www.beyondtraders.com) Alan Vendors and Product Reviews 1 November 23rd, 2010 10:56 PM


All times are GMT -4. The time now is 11:07 PM.

no new posts
Page generated 2017-01-16 in 0.16 seconds with 38 queries on phoenix via your IP 54.204.95.166