BVCandleStream

Product name: BVCandleStream

Overview

Background service that automatically creates custom tick-based symbols (equal-tick bars) for scalping and price action analysis.
It converts raw ticks of standard symbols into custom bars with a fixed number of ticks per bar, so you can apply any standard MT5 indicators or EAs to these synthetic tick charts.


Key Features

1. Tick-Based Bar Generation

  • Monitors the symbol of the open chart and automatically groups ticks into bars at the specified count ( InpTicksPerBar )
  • Allows selection among Bid, Ask, or Mid as the price basis
  • Displays TickVolume to visually assess the degree of bar formation

2. Seamless Historical + Real-Time Linking

  • Builds historical bars by tracing back through past ticks
  • Immediately switches to real-time ticks once history generation completes, keeping bars updated continuously

3. Chart Display via Custom Symbols

  • Standard indicators can be applied

4. Multi-Chart Support

  • Automatically scans all open MT5 charts and launches tasks per target symbol
  • Custom symbol names are centrally managed with a prefix (e.g., "BV_" )


Input parameters

input int           InpTicksPerBar              = 144; // Number of ticks per custom bar (aggregation size)
input int           InpHistoryHoursBack         = 8; // Historical lookback window in hours
input Eprice_types  InpTargetValue              = Mid; // Price type to use (Bid / Ask / Mid)
input Eround_types  InpOutputRounding           = Round; // Rounding strategy for output prices(Round / Up / Down / Nop)
input int           InpCheckIntervalMs          = 300; // Main service loop check interval in milliseconds
input string        InpCustomSymbolPrefix       = "BV_"; // Prefix for generated custom symbols
input bool          InpOverwriteExistingCustom  = true; // Overwrite and recreate existing custom symbols if present


How to Use

Step 1: Install the Service

  1. Place BVCandleStream.ex5 in the MQL5/Services or Expert Adviser folder of MetaTrader5.
  2. Restart the terminal and confirm it appears under “Services” in the Navigator.

Step 2: Configure Parameters

InpTicksPerBar Number of ticks per custom bar (aggregation size)
InpHistoryHoursBack Historical lookback window in hours
InpTargetValue Price type to use (Bid / Ask / Mid)
InpOutputRounding Rounding strategy for output prices(Round / Up / Down / Nop)
InpCheckIntervalMs Main service loop check interval in milliseconds
InpCustomSymbolPrefix Prefix for generated custom symbols
InpOverwriteExistingCustom Overwrite and recreate existing custom symbols if present

Step 3: Start the Service

  1. Open charts for the target instruments (any timeframe).
  2. Start the service; it automatically detects the symbols of open charts and creates the corresponding custom symbols.
    The symbol name will be: prefix + original symbol + Ticks + ticks-per-bar (e.g., BV_EURUSD_Ticks144 ).
  3. In the terminal, go to “File > New Chart > Custom,” select the custom symbol, and open the chart.
    Change the period to 1M (tick charts become distorted on other periods).

Step 4: Auto-Start on Reboot / Stopping the Service

  • If the service remains running when MT5 or the PC restarts, it automatically regenerates the previously created custom symbols at next launch.
  • To stop the service, open the Navigator, select Services > BVCandleStream , right-click, and choose “Remove.”


Requirements and limitations

- Platform: MetaTrader 5 only (no MT4 version).
- Program type: MT5 Service (runs in the background, not attached to charts).
- Timeframe: Open the generated custom symbols on the M1 timeframe only. Other timeframes will distort the tick bars.
- Tick data: The quality and length of the generated history fully depend on the availability of tick history on your broker’s server.

- Strategy Tester: When testing EAs on the generated custom symbols, use "Every tick" or "real ticks" modes. Simplified tick generation modes ("Open prices only", etc.) are not supported.


Use Cases

  • Tick-based analysis: Ideal for price action studies using equal-volume or fixed-tick bars.
  • Pre-processing for algorithmic trading: Bars output to a custom symbol can be consumed by indicators/EAs.
  • Monitoring multiple instruments: Automatically scans open charts, keeping management simple for traders handling many pairs.


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Signal TradingView to MT5 Pro  Instant professional execution between TradingView and MetaTrader 5 Automate your trading strategy with the most robust communication bridge between TradingView alerts and real execution in MT5. Designed for traders who demand speed, flexibility, and impeccable risk management, this Expert Advisor transforms any alert message into a precise market or limit order.   Install and TEST the TRIAL version HERE STRENGTHS AND ADVANTAGES Universal Parsing Engine (Propriet
Order flow footprint chart
Abdul Jalil
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Utilities
Footprint Chart Pro — Professional OrderFlow EA for MetaTrader 5 Version 6.34 | Professional tool for real traders | Institutional-Grade Visualization DEMO USERS - PLEASE SELECT EVERY TICK / REAL TICK WHEN TESTING AND YOU HAVE DOWNLOADED HISTORICAL DATA. IF YOU SEE A WAITING SCREEN AND IT IS NOT DOWNLOADING, IT MEANS YOU HAVE LOW HISTORICAL DATA. TRY 1 MIN AND 5 MIN FIRST ON 1 DAY DATA. ONE DAY DATA SHOULD BE THE NEWEST AND MOST CURRENT DATE. PLEASE WAIT UNTIL THE MARKET HAS ROLLED OVER PERIOD.
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Mohamed Hassan
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Utilities
Trade Indicator Assistant   is a powerful MT5 utility designed to turn indicators into automated trading systems. Its main feature is the ability to automatically detect an indicator’s   BUY and SELL signal buffers , without requiring you to know the buffer numbers, search through indicator settings, or modify the indicator source code. Bonus Indicator:   After purchasing Trade Indicator Assistant, contact me to receive   Trade Signal Pro   completely free as a bonus indicator. [Download Demo V
Anchor Trade Manager
Kalinskie Gilliam
5 (9)
Utilities
Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
HINN MagicEntry Extra
ALGOFLOW OÜ
4.74 (19)
Utilities
HINN MAGIC ENTRY – the ultimate tool for entry and position management! SIMPLE. FASTEST. INTUITIVE. MAX AUTOMATED. Place orders by selecting a level directly on the chart! full description   ::  demo-version  :: 60-sec-video-description Key features: - Market, limit, and pending orders - Automatic lot size calculation - Automatic spread and commission accounting - Unlimited partitial take-profits  - Breakeven and trailing stop-loss and take-profit  functions - Invalidation leves - Intuitive, a
EA Overfitter
Stephen J Martret
5 (1)
Utilities
That backtest looks great. But will it still be making money tomorrow, next week, next month? EA Overfitter re-runs your EA on 100 price histories it has never seen. One score tells you if the edge is real. A backtest tells you what an EA did on one price history — the one that happened to occur. What you cannot tell from it is how much of that result was the strategy and how much was the particular path. EA Overfitter answers that. It builds up to 100 synthetic price histories your EA has n
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