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TickChart Indicator for MT5

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Veröffentlicht: 8 September 2019

Aktuelle Version: 1.1

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TickChart Indicator for MT5

Indikatoren
Mika Akimoto
Version: 1.1
Aktivierungen: 5

TickChart Indicator plots tick line on the main window of MetaTrader.

( Free version of this is "TickChart Indicator Lite" )

The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks per bar may exceeds 100.

This indicator overlays the tick-line on normal chars in the main windows. Although usual charts are in "time-price" space, the tick-chart is in "tick-price" space, that is, the X-axis of tick chart is not the time. When market is very active, the X-axis of tick-chart advances fast and vice versa.

TickChart indicator can be useful is many situations. For example,

A tool for scalping : You can find several chances in a minute
Find chances in the turbulence after the release of importance economic indicators: The tick-chart shows the detailed price changes hidden in a long long bull/bear candle
As an electro-cardiogram of market: The pace of tick-chart segments generation indicates how vital the market is
Multi-time-frame market watch: For example, you can see the tick chart and M15 time frame chart on the same window. This indicator overlays the shortest time frame, the tick.
Alert of significant price changes: Send an email and/or notifications using RSI and Envelope deviation.

There may be more usages. If you find a nice one, please let me know.

Inputs

Parameter name	Description
Number of ticks to draw	It is about 200. Too many ticks may slows down MetaTrader
Tick-bid-line width	Width of the tick-line for bid price. Width 0 indicates no tick-bid-line
Tick-bid-line color (MT5)	Line color
Tick-bid-line style (MT5)	Line style, solid, dots, ...
Tick-ask-line width	Width of the tick-line for ask price. Width 0 indicates no tick-ask-line
Tick-ask-line color (MT5)	Line color
Tick-ask-line style (MT5)	Line style, solid, dots, ...
Tick-MA period	Period of SMA, i.e. how many ticks will be used to calculate the moving average
Tick-MA bid line width	Line width of tick SMA on bid price. Width 0 indicates no SMA line
Tick-MA bid line style (MT5)	Line style
Tick-MA bid line color (MT5)	Line color
Tick-MA ask line width	Line width of tick SMA on ask price. Width 0 indicates no SMA line
Tick-MA ask line style (MT5)	Line style
Tick-Ma ask line color (MT5)	Line color
Alert email	Turn on/off email alert. Alert occurs when RSI and Envelope provides the same buy/sell signal described below. If "true", alert will be send when ( (RSI<RSI_lower_level) or (RSI>RSI_upper_level) ) and ( (deviation>alert_level) or (deviation< -alert_level) )
Alert notify	Turn on/off notification (using MetaQuotesID in MetaTrader option). The same alert as above.
Envelope period for alert	Envelope period of alert. The period here is the number of bars, not the number of ticks.
RSI period for alert	RSI period of alert, The number of bars.
RSI lower alert level	RSI less than this value indicates that the price is near the buy area
RSI upper alert level	RSI higher than this value indicates that the price is near the sell area
Envelope deviation alert level	Envelope deviation higher/lower than (level)/(-level) indicates the price is near the sell/buy area
Minimum alert interval	Do not send alert for this specified interval after the previous alert for avoiding too many alerts in a same incident

(MT5): Only in the MetaTrader5 version. In MetaTrader4 version, line properties are in the property of indicator.

Screenshot

The screenshot show the two tick lines of bid and ask prices and the 20MA tick line. It shows that the detailed price changes inside long candles. The high price (p) of a candle is displayed as the peak of tick chart (p'). You can see many highs and lows inside a candle and find more trade chances.

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Here is a Live DEMO testing account for the indicator. ( Profit proofs ) Login (MT5) - 100246 Server - FusionMarkets-Demo Investor PW - VIPindicator@2024 Click bellow link to download the FREE strategy PDF for this indicator (Google Drive) Download Strategy Introduction The "Buy Sell Signals" is designed to provide BUY and SELL trade signals based on the current market conditions. A Profitable Trading Strategy (Chee sheet) is provided for this trading indicator. (Read the

990 USD

Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.

199 USD

note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a

397 USD

Currently Price 20% OFF ( for unlimited use ) Indicator USER MANUAL , trade setups, solving issues, etc : Direct Download Here ( for users only ) Hello World! Introducing.. SMCpro tool and Indicator for MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. SMC Indicator built on th

297 USD

Introducing the Power Trade Plus indicator designed by a small group of traders with a few years of experience trading the market profitably. The Power Trade Plus is derived from the Power Trade indicator, the indicator strive in powerful sniper entries and take profit levels, with an algorithm that's can determine the markets volatility and Provides entries based on the current market volatility. This indicator is much more effective in stock ,currencies and indices.

330 USD

The "No Reversal Accumatrix AI" is a cutting-edge MetaTrader 5 indicator designed to assist traders in confirming trends without the inconvenience of repainting. Built upon advanced artificial intelligence algorithms, this indicator offers a reliable tool for identifying and validating trends in financial markets. Key Features: Non-Repainting Technology : Unlike traditional indicators prone to repainting, the "No Reversal Accumatrix AI" utilizes innovative algorithms to provide accurate trend co

777 USD

TickChart Indicator plots tick line on the main window of MetaTrader. In the Lite version, the number of ticks is limited to 20 and the alert function described below is omitted. The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks pe

FREE

TickChart Indicator plots the tick line on the main window of MetaTrader. In the Lite version, the number of ticks is limited to 20 and the alert function described below is omitted. The "tick-line" shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ti

FREE

TickChart Indicator plots tick line on the main window of MetaTrader. ( Free version is "TickChart Indicator Lite" ) The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks per bar may exceeds 100. This indicator overlays the tick-line o

198 USD

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