Can I add a indicator or strategy for a tick graph in mt5?

Fernando Carreiro 2023.03.02 15:18 #1

Holguinmora: Hi, I will like to know if I can create or add an indicator or strategy to a tick chart for EURUSD?

No, not on MetaTrader's standard tick graph window.

Fernando Carreiro 2023.03.02 15:19 #2

But an EA can easily process tick data for a strategy, irrespective of what timeframe is used for a chart.

Holguinmora 2023.03.02 15:27 #3

Fernando Carreiro #:
But an EA can easily process tick data for a strategy, irrespective of what timeframe is used for a chart.

Fernando hi, thanks a lot for your quick and sharp answer, If I understud correctly I can creat for a example a SMA_25 base on ask price and every time ask price cross the the sma open and close a trade, correct?

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Fernando Carreiro 2023.03.02 15:36 #4

Holguinmora #: Fernando hi, thanks a lot for your quick and sharp answer, If I understud correctly I can creat for a example a SMA_25 base on ask price and every time ask price cross the the sma open and close a trade, correct?

Yes, but only if you calculate the SMA yourself (in the EA code) for the tick data. You will not be able to use the standard indicator functions.

Holguinmora 2023.03.02 15:41 #5

Holguinmora #:

Fernando hi, thanks a lot for your quick and sharp answer, If I understud correctly I can creat for a example a SMA_25 base on ask price and every time ask price cross the the sma open and close a trade, correct?

Is it possible to add any data to the tick data chart as an example entry price price from the actual trade?

Fernando Carreiro 2023.03.02 15:45 #6

Holguinmora #:Is it possible to add any data to the tick data chart as an example entry price price from the actual trade?

MetaTrader's tick data graph window has no added or custom functionality. It is what it is and you can't change it.

If you want a custom tick chart, you will have to program it yourself, by overlaying your own graphics on a normal chart, which requires advanced coding skills.

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Holguinmora 2023.03.02 19:29 #7

Fernando Carreiro #:

MetaTrader's tick data graph window has no added or custom functionality. It is what it is and you can't change it.

If you want a custom tick chart, you will have to program it yourself, by overlaying your own graphics on a normal chart, which requires advanced coding skills.

Once again thank you very much for your help and advice

Fernando Carreiro 2023.03.02 19:33 #8

Holguinmora #: Once again thank you very much for your help and advice

You are welcome!