Tick Volume Chart

4

Tick Volume Chart — fixed volume bars for MetaTrader 4.

The tool creates charts on which each candle has a fixed tick volume. Data sampling is carried out not by time but by the tick volume. Each bar contains a given (fixed) tick volume. Tick volume can be adjusted by changing the value of the Volume parameter. You can apply indicators, Expert Advisors and scripts to the tick chart. You get a fully functional chart, on which you can work just as well as on a regular chart.

In the process of work, history accumulates. If necessary, you can reset (delete the accumulated history). It is useful in the formation of the chart with a different tick volume. To perform a reset, delete a global variable having the name of the appropriate trading tools. There is a special window in terminal that manages global variables. It can be opened by execution of the "Tools — Global Variables" menu command or by pressing F3.

At the same time the data is updated synchronously with the basic chart with no delays.

You can simultaneously create several charts.

Inputs

  • Volume — tick volume.
  • Chart — timeframe for a chart opened in a separate window. In case you are going to work with a single chart for the currency pair, the timeframe is irrelevant. Timeframe does not affect the calculations during the chart creation. This setup is created to open several charts for the same currency pair, but with different settings. In such case, different timeframes for each chart (for example, M2, M3, M4) should be set. You also need to set different timeframes when simultaneously running the Tick Volume Chart indicator and other tools that generate a synthetic chart on the same currency pair.

Launch

  • Open the "Navigator" window.
  • Find the "Tick Volume Chart" and drag it to the desired chart (any timeframe).
  • Open the resulting chart by clicking the corresponding "Open chart" button.
Reviews 3
DrGalak
190
DrGalak 2020.08.24 14:14 
 

really very good product for those who want to be precise in their entry and exit, or for scalpers

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Boris Sedov
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Noah P.-Deal
53
Noah P.-Deal 2020.10.02 02:47 
 

Works pretty well, however, there is a bit of a learning curve if you have never used a tick chart before. I would rate this utility higher, but there are two functions that are a bit annoying when learning how to use the chart in correlation with the time chart. The volume tick chart will not function properly once you exit out of the "Open Chart" option that executes on the time chart. Adding a minimization function my help with this matter. The other is due to the lack of instruction that comes with how to set up the chart. A way around this was coming to the comments section and reviewing others' comments. Nonetheless, this still a great tick volume chart, and the rent option is a bonus benefit.

DrGalak
190
DrGalak 2020.08.24 14:14 
 

really very good product for those who want to be precise in their entry and exit, or for scalpers

[Deleted] 2015.03.06 13:28 
 

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