Google site search Follow readtheticker on LindedIn YouTube StockTwits FaceBook Follow readtheticker on Twitter


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. Dan Zanger, Wyckoff mark up trader

11. Barry Ritholtz keep it simple stupid

12. Gerald Loeb how to win

13. Paul Tudor Jones II

14. Felix Zulauf

15. Warren Buffett

16. Chuck Hughes 7 times World Trader Champion

17. Super Trader Karen

18. Reading the tape

19. Indicators Introduction

20. Richard Ney method

21. Richard Wyckoff method

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

23. Richard Wyckoff studied Jesse Livermore

24. Bob Evans, renowned Wyckoff teacher

25. William Gann method

26. William Gann life story

27. William Gann Law of Vibration

28. Jim Hurst method

29. Wyckoff method improved1

30. Wyckoff method improved2

31. Original Wyckoff and Wyckoff 2.0

32. Wyckoff 2.0 vs Others

33. Wyckoff 2.0 and Volume Spread Analysis

34. Powerful Patterns

35. Elliot Waves

36. Price Action

37. Market Statistics

38. Cycles for short term speculation

39. Stop Loss methods

40. Alpha Stock Scanner

41. Swing Scanner

42. Flash Charts

43. RTT Market Timer

44. RTT Wyckoff Short Term model

45. Chart Drawing Tools

46. Standard Indicators

47. Proprietary Indicators (PI)

48. PI: RTT TrendStatus

49. PI: RTT TrendPower

50. PI: RTT VolumeWave

51. PI: RTT Rainbow Bands

52. PI: RTT Volume

53. PI: RTT MarketPulse

54. PI: RTT Steps of Cause and Effect

55. PI: RTT Wyckoff Strength Weakness

56. PI: Proprietary Indicators Caution

57. 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...

..“The game of speculation is the most uniformly fascinating game in the world.  But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer.  They will die poor.”...

Jesse Livermore


..“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.”...

Paul Samuelson


.."If past history was all there was to the game, the richest people would be librarians"..

Warren Buffett


..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..

Warren Buffet


.."Money can't buy you happiness but it does bring you a more pleasant form of misery"..

Spike Milligan




Created on: 5/17/2010 8:19:25 PM   Last Update: 10/15/2016 9:23:43 PM Posted by: RTT
         >> Print or PopOut or Pdf

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



Home | Charts & Tutorials | Market Timing | Blog | RTT Tv | Services | Information & FAQ | Contact Us | Sign Up | Logon
Indicator Library | FAQ | Site Search | Symbols Available | Education | Advisors | General Policy | Privacy Policy | Terms Of Use | About Us
Tutorials | Charts Demo | Charts Members | Charts Secured | Calendar | World Time .
Public Disclaimer


Follow readtheticker on LindedIn


Follow readtheticker on FaceBook