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Tick Chart - indicator for MetaTrader 4
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- 27117
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- Published:
- 2010.12.22 08:33
- Updated:
- 2016.11.22 07:32
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Tick Chart
This is a mod of Tick_on_Chart by Scriptor ?
Shows the tick chart in a separate window, with Ask line. The three additional variations plot the Median, Typical and Weighted candle prices aswell.
The price lines can be used for support/resistance and to gauge the direction of movement, also for trading signals when the Bid line (red) crosses or bounces off them, as pictured below.
Median = High + Low /2
Typical = High + Low + Close / 3
Weighted = High + Low + Close + Close / 4
All four indicators shown in window...
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