Tick Bars

Indicator that show candlestick bars with an different sampling method than time fixed.

Real time data is sourced to the indicator and it may be used as substitute of the default graph.

Each bar is formed when a predefined amount of ticks is received, showing in the graph the OHLC of this clusteri of ticks.

The input variable is the amount of ticks of each bar.

It's a different approach of sampling, the amount of bars is proportional to the amount of negotiations insted of a sample in a fixed amount of time.

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Wyckoff fans, enjoy! Ideally to be used with the Weis Waves indicator, but it can be easily used alone, the Waves Sizer puts the range (in resulting Price movement) done by the Price on its market swings. You can control how accurate or loose will be the swings. This tool is very helpful for visually know how much the Price has traveled in your Timeframe. This way you can confront this level of effort with the resulting Volume, etc... Weis Waves indicator: https://www.mql5.com/en/market/produc
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Filter:
Herb Wenzel
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Herb Wenzel 2023.05.23 00:26 

Doesn't appear to work. Displays a single bar which disappears when next bar starts. Doesn't display anything if tick ,volume, is used.

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