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am very pleased and interested in the results of using tick charts in short term futures trading
tick charts do a good job of mapping the psychology implied in price changes in a regular wave, calibrated by decisions made, rather than in decisions over time
in some ways it is the conceptual equivalent of point and figure charts, and renko charts
we are finding that 200 ticks per candle is probably too sensitive to mood changes and increases trading frequency in a large index like the Dow, but that 800 ticks looks very good for intraday trading
these are things you only learn by trying, and our live trading workshop did a good job of testing the ideas
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