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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 is a success story

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

21. Richard Wyckoff studied Jesse Livermore

22. Bob Evans, renowned Wyckoff teacher

23. William Gann method

24. William Gann life story

25. William Gann Law of Vibration

26. Jim Hurst method

27. Wyckoff method improved1

28. Wyckoff method improved2

29. Original Wyckoff and Wyckoff 2.0

30. Wyckoff 2.0 vs Others

31. Wyckoff 2.0 and Volume Spread Analysis

32. Powerful Patterns

33. Elliot Waves

34. Price Action

35. Market Statistics

36. Cycles for short term speculation

37. Stop Loss methods

38. Alpha Stock Scanner

39. Swing Scanner

40. Flash Charts

41. RTT Market Timer

42. RTT Wyckoff Short Term model

43. Chart Drawing Tools

44. Standard Indicators

45. Proprietary Indicators (PI)

46. PI: RTT TrendStatus

47. PI: RTT TrendPower

48. PI: RTT VolumeWave

49. PI: RTT Rainbow Bands

50. PI: RTT Volume

51. PI: RTT MarketPulse

52. PI: RTT Steps of Cause and Effect

53. PI: RTT Wyckoff Strength Weakness

54. PI: Proprietary Indicators Caution

55. What we do?



         


The Wyckoff Stock Market Institute (WyckoffSMI.com) provides an excellent education program to get ahead with Richard Wyckoff logic, readtheticker.com approves of their education material, but of course we prefer our charts, tools and scanner within readtheticker.com for the live Wyckoff trade management.

Richard Wyckoff

Readtheticker.com is an official affiliate of Wyckoff Stock Market Institute (or WyckoffSMI.com).


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...

.."Keep the number of stocks you own to a controllable number. It is hard to herd cats, and it is hard to track many securities. Take your losses quickly and do not brood about them. Try to learn from them but mistakes are as inevitable as death."..

Jesse Livermore


.."Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs"..

George Soros



.."A market is the combined behavior of thousands of people responding to information, misinformation and whim"..

Kenneth Chang


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

Spike Milligan


..“The main purpose of the stock market is to make fools of as many men as possible”..

Bernard Baruch




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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