Tick Indicator and EAs - page 25

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FX_ Hedge:
Someone figured out a proper uptick/downtick ratio in relation to price movement indicator. One of the best I have seen...I always knew there were gems in that uptick/downtick info if the ratio in relation to price movement could be dialed in.


BUYERS absorbing a downtrend...

Hi @FX_Hedge, where can I find this indicator ?

 
No one is sharing this code at this time....but it's just an Uptick/Downtick indicator

It compares the upticks in price to the downticks with user defined "ratio" setting.
 
Tick Tools

  1. Tick tools - key thread with many tick indicators.
  2. Tick indicators and EAs thread 
  3. PipsChart indicators thread 
  4. Ferret the PipsChart Trader EA: the thread
 
BeautifulSkies #:
Good day,


I have a short question about this tick indicator. It's the one that counts up ticks and down ticks for every candle. This is the display of the net difference.

Sometimes, pretty frequently, the history of the recorded tick action is deleted.

So, for example, I could have lots of records accumulated like in the first pic. Then when I check the chart later again, the records would have been deleted and it started over, like in the second pic. The frequency of deletion seems random.

What is needed in the code to keep everything indefinitely?


Best regards.


I a not sure but probably "return" makes it. 

 

Forum on trading, automated trading systems and testing trading strategies

Tick tools

Sergey Golubev, 2026.05.11 16:46

Creating a Custom Tick Chart in MQL5

Creating a Custom Tick Chart in MQL5

This article shows how to produce activity‑driven candles that close after N ticks instead of after a clock interval. You will get a clear, executable goal: an EA that creates and configures a separate custom symbol, aggregates incoming ticks into OHLC bars of a user‑defined size (ticks‑per‑bar), assigns monotonic bar timestamps, and updates the forming candle in real time using CustomRatesUpdate. Inputs include the custom symbol name, ticks‑per‑bar, and an option to auto‑open the chart. The result is a live tick chart in MetaTrader 5 where each candle reflects market activity density rather than elapsed time.

 
Sergey Golubev #:

Thank you, now everything is clear