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Ergodic Tick Volume Indicator
Ergodic Tick Volume Indicator
The William Blau Ergodic Tick Volume Indicator is a variation of the Ergodic Oscillator developed by William Blau. It uses tick volume instead of price for its calculation, making it particularly useful for traders who focus on volume-driven signals rather than price action alone.
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Manufacturer:
nt8indicators
SKU:
ETVI
Vendor:
nt8Indicators
$9.90
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The
Ergodic Oscillator
is a
triple-smoothed
rate-of-change (ROC) indicator.
The
tick volume version
applies the same logic, but instead of using price data (e.g., close price), it uses
tick volume
(number of trades or price updates in a bar).
It helps detect
momentum and trend direction
based on volume behavior, not just price.
It can be used in three different ways:
Using the signal line crossing with the Ticks line
Using the signal line crossing with the zero line
Using the Ticks line crossing the zero line
Product tags
confirmation indicator
(34)
,
volume
(10)
,
momentum
(14)
,
trend
(10)
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