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1. Jesse Livermores Secret To Success

2. Home page investor image explanation

3. The great crash 1929

4. Dear NewBie Investor

5. How to win in the stock market

6. Commandments to follow

7. 10 Rules for Investing

8. How to survive a stock market crash

9. William J ONeil, CANSLIM

10. Barry Ritholtz keep it simple stupid

11. Gerald Loeb how to win

12. Paul Tudor Jones II

13. Felix Zulauf

14. Warren Buffett

15. Reading the tape

16. Indicators Introduction

17. Richard Ney method

18. Richard Wyckoff method

19. Richard Wyckoff logic not working, this maybe why?

20. Richard Wyckoff studied Jesse Livermore

21. Bob Evans, renowned Wyckoff teacher

22. William Gann method

23. William Gann life story

24. William Gann Law of Vibration

25. Jim Hurst method

26. Wyckoff method improved1

27. Wyckoff method improved2

28. Original Wyckoff and Wyckoff 2.0

29. Wyckoff 2.0 vs Others

30. Wyckoff 2.0 and Volume Spread Analysis

31. Powerful Patterns

32. Elliot Waves

33. Price Action

34. Market Statistics

35. Cycles for short term speculation

36. Stop Loss methods

37. Alpha Stock Scanner

38. Swing Scanner

39. Flash Charts

40. RTT Market Timer

41. RTT Wyckoff Short Term model

42. Chart Drawing Tools

43. Standard Indicators

44. Proprietary Indicators (PI)

45. PI: RTT TrendStatus

46. PI: RTT TrendPower

47. PI: RTT VolumeWave

48. PI: RTT Rainbow Bands

49. PI: RTT Volume

50. PI: RTT MarketPulse

51. PI: RTT Steps of Cause and Effect

52. PI: RTT Wyckoff Strength Weakness

53. PI: Proprietary Indicators Caution

54. What we do?



         

Indicator Library
PI: RTT TrendStatus
This is a proprietary indicator, part of the RTT Indicator set.

Important Disclaimer: None of the proprietary indicators give specific signals of BUY and/or SELL prices or signals for investment decisions. They do however bring your attention to price action for further analysis only. Any BUY or SELL decision is purely your own responsibility. Please understand that we find favor with our proprietary tools, but they do not work all the time, nothing is 100% accurate. Please review our terms of use.

The RTT TrendStatus and RTT TrendTick indicators are the same formula, but with different presentations of price action.

RTT TrendStatus
The indicator looks at price by how far it has moved away from its trending mean. Different colors give measurements of the degree.

vExUp (Dark Blue): Very Extended upwards trend
ExUp (Blue): Extend upwards trend.
Up (Green): Up trend.
Test (Gray): Trend in test mode.
Dwn (Red): Down trend.
ExDwn (Purple): Extended downwards trend.
vExDwn (Dark Purple): Very extended downwards trend.

Changes in color give adequate warning to you when price action requires your close attention. The dotted blue lines highlight when price will begin to test the trend, or as we call it entering the 'trend testing zone'.

Interpretation Points:
1) If the immediate presentation of RTT TrendStatus shows NO RED then the trend is bullish. This is inclusive of the RTT TrendStatus pulling back as far to the lower dotted blue line.
2) If the immediate presentation of RTT TrendStatus shows NO GREEN then the trend is bearish. This is inclusive of the RTT TrendStatus pulling back as far to the upper dotted blue line.
3) Changes in color require your attention to price action.
4) The more infrequent the appearance of an extended color the more likely that the reading is significant.
5) The parameters cannot be changed, thus a truly universal security trend tool.

RTT TrendTick
The indicator looks at the bar by bar change levels of the RTT TrendStatus. Bullish above zero and bearish below zero. We normally wait for at least two bars to change color before we consider a change in price momentum, plus we consider the level of the reading where the change occurs. This tool does show the short term changes in price momentum, however anything short term is volatile and prone to a higher ratio of false readings. Readtheticker.com favors price action first, short term price momentum indicators second. All indicators, including ours have a lagging effect, price action leads in all cases.

RTT TrendPower
The above indicators are not volume weighted, use the above with RTT TrendPower to determine how well volume supports price action. They are a very good marriage.

Some Examples of RTT TrendStatus and RTT TrendTick..

Example1: ETF SPY - SP500 Index
Click for popup. Clear your browser cache if image is not showing.
SPY ETF RTTtrendStatus


Example2: ETF SPY - SP500 Index
Click for popup. Clear your browser cache if image is not showing.
RTT Trend Status rtttrendstatus
Note: The text and arrow lines on this chart were drawn with Paint.Net and not the readtheticker.com text tool.

Example3: ETF UUP - USD Dollar Index
Click for popup. Clear your browser cache if image is not showing.
USD RTTTrendStatus

Note: The text and arrow lines on this chart were drawn with Paint.Net and not the readtheticker.com text tool.

Example4: ETF TLT - USA 20 yr Long Bond
Click for popup. Clear your browser cache if image is not showing.
Bonds RTTTrendStatus Trend

Note: The text and arrow lines on this chart were drawn with Paint.Net and not the readtheticker.com text tool.

Example5: ETF XLF - SP500 Financial's
Click for popup. Clear your browser cache if image is not showing.
RTTTrendTick RTT trend tick

Note: The text and arrow lines on this chart were drawn with Paint.Net and not the readtheticker.com text tool.

Also you can compare DAILY and WEEKLY RTTTrendStatus indicators for trend analysis.

Click for popup. Clear your browser cache if image is not showing.
RTTTrendStatus Weekly



NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

..."Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics."...

William D Gann


..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell"..

John Templeton


In the short run, the market is a voting machine, but in the long run it is a weighing machine.

Benjamin Graham


Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.

Bruce Kovner


The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game.

Basketball Legend Michael Jordan.




Created on: 5/17/2010 8:19:25 PM   Last Update: 10/15/2016 9:23:43 PM Posted by: RTT
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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



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