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TickChart Indicator Lite for MT5

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Publié: 9 septembre 2019

Version actuelle: 1.1

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TickChart Indicator Lite for MT5

Indicateurs
Mika Akimoto
Version: 1.1

TickChart Indicator plots tick line on the main window of MetaTrader.
In the Lite version, the number of ticks is limited to 20 and the alert function described below is omitted.

The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks per bar may exceeds 100.

This indicator overlays the tick-line on normal chars in the main windows. Although usual charts are in "time-price" space, the tick-chart is in "tick-price" space, that is, the X-axis of tick chart is not the time. When market is very active, the X-axis of tick-chart advances fast and vice versa.

TickChart indicator is useful in many situations. For example,

A tool for scalping : You can find several chances in a minute
Find chances in the turbulence after the release of importance economic indicators: The tick-chart shows the detailed price changes hidden in a long long bull/bear candle
As an electro-cardiogram of market: The pace of tick-chart segments generation indicates how vital the market is
Multi-time-frame market watch: For example, you can see the tick chart and M15 time frame chart on the same window. This indicator overlays the shortest time frame, the tick.
Alert of significant price changes: Send an email and/or notifications using RSI and Envelope deviation.

There may be more usages. If you find a nice one, please let me know.

Inputs

Parameter name	Description
Number of ticks to draw	It is about 200. Too many ticks may slows down MetaTrader
Tick-bid-line width	Width of the tick-line for bid price. Width 0 indicates no tick-bid-line
Tick-bid-line color (MT5)	Line color
Tick-bid-line style (MT5)	Line style, solid, dots, ...
Tick-ask-line width	Width of the tick-line for ask price. Width 0 indicates no tick-ask-line
Tick-ask-line color (MT5)	Line color
Tick-ask-line style (MT5)	Line style, solid, dots, ...
Tick-MA period	Period of SMA, i.e. how many ticks will be used to calculate the moving average
Tick-MA bid line width	Line width of tick SMA on bid price. Width 0 indicates no SMA line
Tick-MA bid line style (MT5)	Line style
Tick-MA bid line color (MT5)	Line color
Tick-MA ask line width	Line width of tick SMA on ask price. Width 0 indicates no SMA line
Tick-MA ask line style (MT5)	Line style
Tick-Ma ask line color (MT5)	Line color
Alert email	Turn on/off email alert. Alert occurs when RSI and Envelope provides the same buy/sell signal described below. If "true", alert will be send when ( (RSI<RSI_lower_level) or (RSI>RSI_upper_level) ) and ( (deviation>alert_level) or (deviation< -alert_level) )
Alert notify	Turn on/off notification (using MetaQuotesID in MetaTrader option). The same alert as above.
Envelope period for alert	Envelope period of alert. The period here is the number of bars, not the number of ticks.
RSI period for alert	RSI period of alert, The number of bars.
RSI lower alert level	RSI less than this value indicates that the price is near the buy area
RSI upper alert level	RSI higher than this value indicates that the price is near the sell area
Envelope deviation alert level	Envelope deviation higher/lower than (level)/(-level) indicates the price is near the sell/buy area
Minimum alert interval	Do not send alert for this specified interval after the previous alert for avoiding too many alerts in a same incident

(MT5): Only in the MetaTrader5 version. In MetaTrader4 version, line properties are in the property of indicator.

Screenshot

The screenshot show the two tick lines of bid and ask prices and the 20MA tick line. It shows that the detailed price changes inside long candles. The high price (p) of a candle is displayed as the peak of tick chart (p'). You can see many highs and lows inside a candle and find more trade chances.

plus...

Capture d'écran #1 TickChart Indicator Lite for MT5

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Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Analyzes the chart using Bill Williams' "Profitunity" system. Signals are displayed in a table in the corner of the screen and on the price chart. 2. Finds all known AO and AC signals, as well as zone signals. Equipped with a trend filter based on the Alligator. 3. Finds "Divergence Bar

150 USD

CGE Trading Suite delivers the analytical edge typically reserved for professional trading desks. The platform integrates a full suite of analytical tools into one seamless workflow: dynamic grid mapping, liquidity behavior analysis, ECM, trend lines, MIDAS, trade cycles, and directional channel projections. Together, these provide a unified view of market structure and momentum. Directional clarity is further enhanced by the capital flow index, which measures currency basket strength to identif

149 USD

ARIPoint is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cu

2 500 USD

Gold Sniper Scalper Pro est un indicateur pour MetaTrader 5 conçu spécifiquement pour détecter les figures de fausse cassure (false breakout) sur XAUUSD. Il identifie la structure piège à 4 barres où le prix franchit la limite d'un range, attire les traders de cassure, puis inverse — confirmant que le mouvement était une fausse cassure. L'indicateur évalue chaque configuration selon 17 facteurs de qualité, la traite à travers un pipeline de confluence à 4 couches, la vérifie contre un moteur de

78 USD

TREND LINES PRO Cet indicateur permet de comprendre les véritables changements de direction du marché. Il révèle les renversements de tendance et les points de retour des principaux acteurs. Tu vois Lignes BOS Détection des changements de tendance et des niveaux clés sur des unités de temps supérieures, sans paramètres complexes ni interférences inutiles. Les signaux restent affichés sur le graphique même après la fermeture de la bougie. Version MT4 - Révèle son potentiel maximal lorsq

125 USD

Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whip

125 USD

TickChart Indicator plots the tick line on the main window of MetaTrader. In the Lite version, the number of ticks is limited to 20 and the alert function described below is omitted. The "tick-line" shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of tic

TickChart Indicator plots tick line on the main window of MetaTrader. ( Free version is "TickChart Indicator Lite" ) The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks per bar may exceeds 100. This indicator overlays the tick-line on

198 USD

TickChart Indicator plots tick line on the main window of MetaTrader. ( Free version of this is "TickChart Indicator Lite" ) The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks per bar may exceeds 100. This indicator overlays the tick

198 USD

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