Hi Rick, this tick trading approach is waay too fast for me, but just having a look at that last chart of the GN I have a question.
In your 1st post you mentioned looking for when the tick speed spikes up about 3-8 x the average tick speed. So if I'm picturing this then I see the speed indicator on your chart makes the first spike to a high speed - because at that point the background has a relatively consistent low speed.
But based on your comment on that last chart about being back in on the 2nd spike up in speed (the last 2 bars on the speed indicator which are higher than previous 3 bars, but not the 1st 2 bars of the initial spike), at that point the new spike up isn't 3-8 of the "new background speed", in other words, as you said, the market was already going crazy.
So my question is, have you got a feel for whether these secondary spikes in speed average as good a result as the initial spikes?
Cheers, Sharks
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