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TickChart Indicator for MT4

Download demo: 26

Publicado: 8 setembro 2019

Versão atual: 1.1

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TickChart Indicator for MT4

Indicadores
Mika Akimoto
Versão: 1.1
Ativações: 5

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 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 is useful in 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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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai

280 USD

(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone. Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator which

199 USD

EARLY REMINDER: The Starting price is 65 price will rise soon up to 365$ after first 10 copies of sales. Grab this offer now! Introduction Hello, traders! Welcome to the demonstration of the Forex Beast Indicator , a comprehensive tool designed to assist aspiring traders in navigating the complexities of the forex market. This indicator incorporates seven essential components to provide a well-rounded trading experience: Moving Averages Colored Zones Support and Resistance Levels (Previous High

375 USD

BONUS AUX VIP Club 2024 : Include EA Airbag and Load Data History to enhance the performance of this tool to its maximum potential Click Here to Download Files ( for users only ) Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in navigating the dynamic forex markets. This innovative

379 USD

Algo Trading Indicaor With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need Why should you join us !? 1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will help you to draw trends which is special and are too strong than the basics trend , trends will change with the frame time that you work on . 3-We can use

299 USD

Bomb Bank Signal: O Seu Indicador de Confiança no MetaTrader 4 O Bomb Bank Signal é um poderoso indicador para MetaTrader 4, projetado para identificar as tendências mais relevantes no mercado financeiro. Se você está buscando uma ferramenta que antecipe movimentos com precisão, o Bomb Bank é o aliado que você precisa. Como Funciona: Este indicador combina três métodos distintos – análise de volumes, fechamentos de vela e tendência simétrica – para detectar e sinalizar oportunidades de compra e

592 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 per

FREE

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

198 USD

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 tic

FREE

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