• 556 days Will The ECB Continue To Hike Rates?
  • 556 days Forbes: Aramco Remains Largest Company In The Middle East
  • 558 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 958 days Could Crypto Overtake Traditional Investment?
  • 963 days Americans Still Quitting Jobs At Record Pace
  • 965 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 968 days Is The Dollar Too Strong?
  • 968 days Big Tech Disappoints Investors on Earnings Calls
  • 969 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 971 days China Is Quietly Trying To Distance Itself From Russia
  • 971 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 975 days Crypto Investors Won Big In 2021
  • 975 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 976 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 978 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 979 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 982 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 983 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 983 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 985 days Are NFTs About To Take Over Gaming?
readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Three RTT Indicators

Quote Screens

readtheticker.com is primarily a Richard Wyckoff logic site, however through our research into Wyckoff logic the three indicators below make us very lazy in applying Richard Wyckoff logic.Why? Because if these indicators look handsome together then it most likely the Wyckoff logic is working very well.

These three indicators are NOT a trading system, but they do help with finding excellent well support accumulated stocks that show Mr Market is supporting them. Of course when indicators look ugly they will show stocks in a breakdown, thus less support by Mr Market.


RTT Steps

If the large market plays are accumulating the stock then they will control the range of BID and ASK and not let the stock get to volatile. On down swings they will halt the sell off by adding more demand, and on spikes up they will add supply to slow the advance so that can accumulate more stock float, and when the stock does advance it will do so in a very controlled tight range manner.

Stocks that have a good RTT Steps profile can be found via RTT Swing Scanner (PnF version) RTTTrendPowerOBV

Volume weighted momentum oscillator. Buy at -15 is best, Zero Ok, +15 if stock is very strong but with care. Very good health trend indicator.

Stocks that have a good RTTTrendPowerOBV can be found via RTT Swing Scanner (both versions). RTTOBV (Flat EMA 30 to 50)

Supports the RTTTrendPowerOBV. This tool is strongly influenced how price weighted by volume finishes with the close near either the high or low of the day. If close is high on the bar with good volume indicator moves up more so, if close low on the bar with good volume the indicator moves down more so. A good bullish market has more higher closes with good volume than not. That is healthy.A very weak market has lots of low closes on heavy volume. That is not health.

Facebook Chart

Video on the subject

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...

"Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states." ~ William D Gann

"Don't try to buy at the bottom and sell at the top. It can't be done except by liars." ~ Bernard Baruch

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

"Because of the extreme challenge, one must commit full attention to it." Market speculation is "no different than trying to be a successful doctor or lawyer ... you simply must devote yourself full-time to the study of your craft." ~ Bernard Baruch

"October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." ~ Mark Twain

 

Back to homepage

Leave a comment

Leave a comment