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Tick chart generator

4.8

A utility used to create custom Tick or Volume bar charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use.

You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis.

Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...).

The generator uses tick data to plot the historical tick chart for a particular setting and live ticks for plotting live charts. This method of calculation gives very accurate charts as no approximation is used.

The settings include

  • Bar size - Desired number of ticks needed for a new bar to form.
  • Operating mode - Tick Chart / Volume Chart
  • Show history for number of days (0 to...)
  • Synchronize first bar's open on a new day (yes/no) - Synchronize the first candle's open price with the open price of the daily candle.
  • Override default custom chart name with (chart name)
  • Apply template to custom chart
  • Create chart for backtesting
  • Show trade levels on chart (yes/no)

NOTE: Custom symbols on MT5 are not directly tradable. This is by Metatrader5 design. If you want to place trades directly on the custom symbol generated by this product, you will either need a trade panel that offers this functionality or you will need to place trades on the tradable symbol that is used to create the custom chart. Alternatively, you can purchase the indicator version of this charting tool where you can place trades directly on the custom chart.

Free countdown timer for the chart can be downloaded from https://www.mql5.com/en/market/product/60156

Reviews 9
DrSeishin
219
DrSeishin 2021.03.05 23:22 
 

My system is based on the use of tick charts and this is what I have been looking for for a long time for MT5. A very useful utility that works well. Thanks to the author.

goodfty
140
goodfty 2020.09.28 18:09 
 

Should cost 100 not 38. Love that it works live and you can put your templates on it or whatever you need. I just wish you could place trades on the generated chart or see open positions on it.

Enrico Andreas Hessel
233
Enrico Andreas Hessel 2020.09.01 09:03 
 

I just installed the 1month test and for now it works flawless. Great visualisation of the ticks, love it!!

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Trader evolution - A program for money management, technical analysis and counting waves. The panel is designed for trading only on currency pairs and only on dollar accounts. The control panel of the program consists of two tabs between which the user can switch. The first tab "MM" (Money manager) is responsible for money management, and the second "EWA" (Elliott wave analyzer) for counting waves and building technical analysis. Money management (activated by pressing the MM button on the pan
189 USD
(Crypto Currency Charts) It brings the history as much as the number of bars you specify and starts to show the instant data directly. Provides the opportunity to work in all time frames. Allows you to work with multiple symbols. This app is a background service. It downloads the history of all symbols starting with "F" on the market watch screen and shows the ticks data. Automatically transfers real-time trading data of Binance Futures to MT5. Run the script in the link to use the progra
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The indicator combines the features of both the Tick charts and Volume Bar charts. The mode can be selected in the indicator's settings. Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). Volume bar charts are desi
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Robust trading panel for use on any symbol (including RangeBars or Renko custom symbols). The tool can be placed anywhere on the chart and offers the following array of features: One-click instant order entry. Pending order entry using horizontal lines on the chart Pending order entry using keys in Entry price (E/P) and optional Stop Loss (S/L) and/or Take Profit (T/P) A choice between fixed trading volume or risk-based volume calculation based on the available account equity, entry price, and t
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Create and trade timeframes in seconds. The bar time duration is freely adjustable from 1 second and up. The chart is accurately constructed using real ticks from the broker's server. Main characteristics The indicator is an overlay on the main chart, making it possible to utilize one-click trading and on-chart order manipulation. History calculated using real tick data. Built-in technical studies: 4 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weighted using tick or rea
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The Trade Tracker Library is used to automatically detect and display trade levels on custom charts. It is an especially useful add-on for EAs that trade on custom charts in MT5. With the use of this library, the EA users can see trades as they are placed via the EA (Entry, SL & TP levels) in real-time. The header file and two examples of EA skeleton files are attached in the comments section (first comment). The library will automatically detect the tradable symbol for the following custom
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40946364
162
40946364 2021.08.20 16:25 
 

There is lot of bugs and communication is very very very complicate with the developper.

Hector Corrales
49
Hector Corrales 2021.04.30 17:21 
 

Love it!. The only thing I would like is that it allows opening positions and closing from ticks

DrSeishin
219
DrSeishin 2021.03.05 23:22 
 

My system is based on the use of tick charts and this is what I have been looking for for a long time for MT5. A very useful utility that works well. Thanks to the author.

Ab aljahdali
95
Ab aljahdali 2021.02.09 12:49 
 

Went above and beyond my expectations .. this is what i need and more .. Thanks

goodfty
140
goodfty 2020.09.28 18:09 
 

Should cost 100 not 38. Love that it works live and you can put your templates on it or whatever you need. I just wish you could place trades on the generated chart or see open positions on it.

Enrico Andreas Hessel
233
Enrico Andreas Hessel 2020.09.01 09:03 
 

I just installed the 1month test and for now it works flawless. Great visualisation of the ticks, love it!!

Ollliebig
24
Ollliebig 2020.05.22 01:55 
 

Works flawlessly as described. Thanks!

Daniel So
23
Daniel So 2020.05.03 04:31 
 

Its not working. Im using binary.com as my broker and trying to add it on a volatility chart. I want my money back

Artur Zas
23238
Reply from developer Artur Zas 2021.07.29 22:10
The software works on binary.com. There was an issue in the earlier versions where the auto-generated symbol name was too long. This was fixed over a year ago.
Please always reach out to me. As you can see in the comments section I'm always ready to resolve issues that may arise.
terrylee2
19
terrylee2 2019.06.25 22:22 
 

This does not work

Artur Zas
23238
Reply from developer Artur Zas 2021.07.29 22:12
Please write a PM or state the problem in the comments section. You need to provide more information so I can help you resolve the issue.
Reply to review
Version 3.8 2021.07.07
Chart synchronization bug fix
Version 3.7 2021.06.29
Added optional history starting point definition via date/time
Version 3.6 2021.06.27
Added an optional display of live trade levels on the chart.
Version 3.5 2021.04.28
Compatibility fixes for long symbol names;
Rearranged EA settings into groups;
Added option for building a renko chart for backtesting purposes only;
Recompiled for better compatibility with the latest MT5 builds.
Version 2.2 2020.07.07
Added input for toggling ON/OFF faster chart refresh parameter;
Added option for building a renko chart for backtesting purposes only.
Version 2.1 2020.06.16
Recompiled for better compatibility with the latest MT5 builds
Version 2.0 2020.03.10
Updated the tick data engine
Changed time resolution to "seconds" (improves timescale resolution)
Numerous bug fixes
Version 1.6 2019.04.23
Bug fix + stability improvements
Version 1.5 2019.04.11
Bug fix and code cleanup
Version 1.4 2019.04.05
Bug fix + optimization
Version 1.3 2019.03.27
Bug fixes and code maintenance
Version 1.2 2018.12.19
Bug fix & maintenance update