JOINT PURCHASES LOGIKTICKVOLUMEX NINJATRADER 8

LOGIKTICKVOLUMEX NINJATRADER 8

Are all ticks created equal? A tick is a tick, right? Here at PureLogikTrading, we believe the answer to these questions is “No.” If we’re correct, a tick chart does not correctly represent the market, and therefore, the evolution of the tick chart must occur. This evolution is the LogikTickX improved Tick bar, and LogikVolumeX improved Volume bar.

A traditional tick chart is based on a specific number of ticks (trades). A bar will build until the specified number of ticks is reached, with the next tick resulting in a new bar starting.



Since many large quantity traders mask the size of their orders by breaking them up into smaller orders, this method does not represent the “true” tick; their transaction is hidden. It is now many ticks which reach the market that form the true transaction. It is for this reason we believe all ticks are not created equal and that only one tick should represent the one true transaction.

The LogikTickX and LogikVolumeX utilize signal processing and price reconstruction techniques to cut through the noise, reconstructing the true transaction, and thereby minimizing the ability of traders to hide large orders. This allows you to identify and react better to the true market sentiment, giving clearer analysis, signals, and correlation between price and volume development.