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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Telegram To MT5 — Copiatore di segnali Trasforma le indicazioni di trading dei tuoi canali Telegram in veri ordini MT5 — automaticamente, su quanti account vuoi, con rischio e regole totalmente sotto il tuo controllo. Telegram To MT5 collega i canali VIP / di segnali che già segui su Telegram al tuo terminale MetaTrader 5. Un'app desktop companion gratuita legge i messaggi (anche dai canali che bloccano i bot), e questo Expert Advisor li esegue sul tuo conto — applicando le tue impostazioni di r
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ALGOFLOW OÜ
4.74 (19)
HINN MAGIC ENTRY – the ultimate tool for entry and position management! SIMPLE. FASTEST. INTUITIVE. MAX AUTOMATED. Place orders by selecting a level directly on the chart! full description   ::  demo-version  :: 60-sec-video-description Key features: - Market, limit, and pending orders - Automatic lot size calculation - Automatic spread and commission accounting - Unlimited partitial take-profits  - Breakeven and trailing stop-loss and take-profit  functions - Invalidation leves - Intuitive, a
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Janitha Sandaruwan Amaradasa Wickramasingha Arachchilage
5 (5)
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Levi Dane Benjamin
4.23 (30)
Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 5. Suppo
Premium Trade Manager - Il pannello di trading con un coach integrato Premium Trade Manager porta un coach di trading direttamente nel tuo grafico, con un motore di esecuzione completo al di sotto. Imposta il trade come fai sempre, poi lascia che Max, il tuo coach di trading IA, legga esattamente quel setup rispetto al tuo conto live e ti dia un verdetto chiaro prima che tu confermi: lo stop rispetta un approccio disciplinato, il rischio è ragionevole, c'è un evento ad alto impatto tra pochi min
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Mirel Daniel Gheonu
4.5 (2)
Signal TradingView to MT5 Pro Automator Esecuzione professionale istantanea tra TradingView e MetaTrader 5 Automatizza la tua strategia di trading con il ponte di comunicazione più robusto tra gli alert di TradingView e l'esecuzione reale in MT5. Progettato per i trader che richiedono velocità, flessibilità e una gestione del rischio impeccabile, questo Expert Advisor trasforma qualsiasi messaggio di avviso in un preciso ordine a mercato o limite. PUNTI DI FORZA E VANTAGGI Motore di Parsing Univ
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Anchor Trade Manager
Kalinskie Gilliam
5 (9)
Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
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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
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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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