Indicators
The indicators were built for one style of trading: day trading momentum. Together they answer whether a strong move is under way, long or short, whether the rest of the market confirms it, and when it is over. Every session chart carries the same 9 under the NQ candles. Each page explains what the indicator measures, the exact rule behind it, how to read it and how it can be used in a trade, with example sessions from the archive.
Price
- Session Open Line
A dotted line at the regular session's opening price, from 9:30 to 16:00 Eastern.
Momentum
- Move Health
A momentum reading that is large only when a move is one-directional and its bars are big.
Volatility
- VXN
The Nasdaq-100 volatility index through the session: what options traders are paying for protection.
- VXN Distance
VXN minus its own eleven-bar average: whether fear is rising or fading right now.
Breadth
- Nasdaq Cumulative TICK
The running total of Nasdaq-listed TICK through the session: persistent buying or selling pressure across the whole list.
- Nasdaq Advance-Decline Ratio
How lopsided the Nasdaq market is: advancing stocks against declining stocks, from +1 to −1.
- Nasdaq-100 Advance-Decline Ratio
How lopsided the Nasdaq-100 is: advancing stocks against declining stocks, from +1 to −1.
- Nasdaq Up/Down Volume
Volume in rising Nasdaq stocks against volume in falling ones: where the money is going.
- Nasdaq-100 Up/Down Volume
Volume in rising Nasdaq-100 stocks against volume in falling ones: where the money is going.