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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Smart Stop Scanner – Analisi multi-asset degli stop-loss basata sulla reale struttura di mercato Panoramica Smart Stop Scanner offre un monitoraggio professionale dei livelli di stop-loss su più mercati. Il sistema identifica automaticamente le zone di stop più rilevanti basandosi sulla reale struttura di mercato, sulle rotture significative e sulla logica del price action, presentando tutte le informazioni in un pannello chiaro, coerente e ottimizzato per schermi ad alta risoluzione (DPI-awar
Entry In The Zone with SMC Multi Timeframe is a real-time market analysis tool developed based on Smart Money Concepts (SMC). It is designed to analyze market structure, price direction, reversal points, and key zones across multiple timeframes in a systematic way. The system displays Points of Interest (POI) and real-time No Repaint signals, with instant alerts when price reaches key zones or when signals occur within those zones. It functions as both an Indicator and a Signal System (2-in-1),
AntiOverfit PRO MT5
Enrique Enguix
5 (2)
L’errore silenzioso nel Market che ti sta costando denaro (e che molti sviluppatori nemmeno vedono) Un backtest bello da vedere può costarti centinaia o perfino migliaia di dollari. La maggior parte dei trader perde denaro ancora prima di aprire la prima posizione in reale: lo perde nel momento in cui acquista un Expert Advisor basandosi unicamente su una curva verde. Siamo onesti: la maggior parte degli sviluppatori del Market non cerca di ingannarti di proposito. Passano mesi a programmare u
Equity Protect Pro: Il tuo esperto di protezione del conto completo per un trading senza preoccupazioni Se stai cercando funzionalità come protezione del conto, protezione del capitale proprio, protezione del portafoglio, protezione multi-strategia, protezione dei profitti, raccolta dei profitti, sicurezza del trading, programmi di controllo del rischio, controllo automatico del rischio, liquidazione automatica, liquidazione condizionale, liquidazione programmata, liquidazione dinamica, trailin
ManHedger MT5
Peter Mueller
4.83 (6)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING  and watch my video about it. The price of the ManHedger will increase to 250$ after 20 copies sold. Contact me for user support or bug reports or if you want the MT4 version! MT4 Version  I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading s
Trade Manager DashPlus
Henry Lyubomir Wallace
5 (13)
DashPlus è uno strumento avanzato di gestione delle operazioni progettato per migliorare l'efficienza e l'efficacia del trading sulla piattaforma MetaTrader 5. Offre una suite completa di funzionalità, tra cui calcolo del rischio, gestione degli ordini, sistemi di griglia avanzati, strumenti basati su grafici e analisi delle prestazioni. Caratteristiche Principali 1. Griglia di Recupero Implementa un sistema di griglia flessibile e di media per gestire le operazioni in condizioni di mercato avve
Ultimate Extractor
Clifton Creath
5 (9)
Ultimate Extractor - Professional Trading Analytics for MT5 *****this is the local HTML version of Ultimate Extractor. For the online version please reach out to me directly****** Ultimate Extractor transforms your MetaTrader 5 trading history into actionable insights with comprehensive analytics, interactive charts, and real-time performance tracking. What It Does Automatically analyzes your MT5 trading history across all Expert Advisors and generates detailed HTML reports with interactive vi
Risk Manager Pro MT5
Roman Zhitnik
5 (8)
The Expert Advisor is a comprehensive risk manager helping users to control their trading activities. With this tool being a safeguard you can easily configure various risk parameters. When any limit is exceeded, the risk manager can force close opened positions, close other EAs, and even close the terminal to prevent emotional trading that doesn't correspond to your trading strategy. Risk Manager Settings Account Protection Check min equity limit to close all (account currency) - check the min
Anchor Trade Manager
Kalinskie Gilliam
5 (1)
Anchor: The EA Manager A coordination system for traders running multiple EAs. Anchor ensures only one EA can trade at a time, preventing conflicting positions and keeping your portfolio safer. Attach Anchor to any chart. Configure your EAs and their magic numbers. Anchor handles the rest. Built for portfolios. Built for discipline. Built for prop firms. The Problem Running multiple EAs on the same account creates risk. Two gold EAs can open opposite positions on the same candle. Three EA
Altri dall’autore
NTickChart
Katsura Yamanouchi
NtickChart-BVcandle Features This is a free version with limited functionality. This is a tick chart indicator that displays in a sub-window. Inspired by Bob Volman's (BV) scalping method, it is designed as a tool for achieving simple and effective trading. It is a tick chart specifically for day trading and scalping, focusing even on 1 pipette changes. Instead of time-based candle bars, it generates candle bars for a specified number of ticks (ticks_in_candle). This allows for a more detailed
FREE
BVCandleView
Katsura Yamanouchi
BVCandleView  is a fresh indicator designed to give discretionary traders a visual edge by rounding price data. Pair it with a free custom-symbol service to display Bob Volman–style tick charts right inside MetaTrader 5. Rounded candles with dynamic coloring make every tick movement instantly readable. Quick Manual  Installation Place BVCandleView.mq5 in MQL5/Indicators . Restart MetaTrader 5 and attach the indicator to any chart. Key Settings Rounding Settings : choose rounding mode (round/ce
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