Create a trading system in x ticks?

[Yodavin]

Hi,

I am wondering if it is possible to create an automated trading system based on x-ticks chart?

and happy new year!

[Navdeep Singh]

Yodavin:

Hi,

I am wondering if it is possible to create an automated trading system based on x-ticks chart?

and happy new year!

What is "x" here?

[Yodavin]

Navdeep Singh #:

What is "x" here?

x is a number. For example a 100-tick chart is composed of bars representing 100 ticks each.

It seems that it is possible to build such a chart, according to some readings I made.

But I don’t know if i can create an automated trading system with it.

[Michael Charles Schefe]

Yodavin #:
x is a number. For example a 100-tick chart is composed of bars representing 100 ticks each.

It seems that it is possible to build such a chart, according to some readings I made.

But I don’t know if i can create an automated trading system with it.

very possible, and there is many tickbased indicators already on codebase.

[Navdeep Singh]

Yodavin #:
x is a number. For example a 100-tick chart is composed of bars representing 100 ticks each.

It seems that it is possible to build such a chart, according to some readings I made.

But I don’t know if i can create an automated trading system with it.

If your goal is to build an expert then just build the expert based on your ticks algorithm. No need to build a ticks chart unless you want to manually/visually test your strategy first.

[Yodavin]

Navdeep Singh #:
If your goal is to build an expert then just build the expert based on your ticks algorithm. No need to build a ticks chart unless you want to manually/visually test your strategy first.

Thanks a lot for your answers, that conviced me to download metatrader, for now I was using only ProRealTime but it is not possible to trade automatically on ticks.