NTicks Candle
- Indicateurs
- Yu Zhang
- Version: 1.0
- Activations: 20
1. What is this
Due to the limitation of MT5 software, we can only see the minimum 1-minute candlestick chart.
Sometimes this is not enough for high-frequency traders, or we want to see a more detailed candlestick chart.
This tool allows you to see:
A candlestick chart composed of N ticks, which allows you to better understand the price fluctuations.
For example, each candle line has 20 ticks, or 70 ticks.
2. Parameters:
NTick = 70; // The tick cnt for one candle
BandsPeriod = 20; // Bollinger Bands period
BandsDeviations = 2.0; // Bollinger Bands deviation.