CEF Oasis Mt5 Lite
The indicator is based on a proven successful strategy. It shows buys and sello signals with suggested stop and target. In the same way, it calculates the essential trading analysis statistics as successful and profit ratio.
Discord Channel for support and discussions: https://discord.gg/Q9CTPNU
- Effective and understandable signals.
- It can be used as a complete trading strategy.
- Complete trading statistics to evaluate the indicator performance.
- It shows exact exit points.
- It shows the real profit expectancy through its profit factor, risk/reward, and successful ratio indicators.
- The indicator doesn´t repaint.
- It works in all symbols.
- Integrated alerts.
- It can integrate with any robot or expert adviser.
All the following metrics are calculated based on selected Money Management strategy and don´t have into account commissions, spreads, swaps, or any other transactional cost.
- Number of Trades
- Points Won in closed win operations
- Points Lose in closed lose operations
- Net Points: Points won minus points lost
- Success Ratio: Percentage of win operations
- Profit Ratio: Points Won / Points Lose
- Reward/Risk: Average points won / Average points lost
- Signal Parameter: Sensibility parameter of the indicator
- ATR Sensitivity: ATR Sensibility Parameter.
- Candles to calculate: Candles to calculate the indicator
- Show Display, Objects, and Indicator.
Money management Parameters:
- Money Management Strategy: Define what method used to calculate the Display Indicators (Exit on TP1, Close the trade when the price reach target 1; Exit on TP2, Close the trade when price reach target 2 and set a break-even stop in open price when price reach target 1; Partial Exits, Close half of the trade on target 1, half on target 2. and set a break-even stop in open price when price reach target 1.)
- Trading method: Select if you can trade in the same direction repeatedly
- Stop Type: Selection between stop type
- Multiplier Range Stop: Multiplier If range stop method is selected
- Multiplier of Target 1
- Multiplier of Target 2
- Limitation of TP2 based on TP1
- Alerts parameters
- Objects color, size and style parameters
- Display parameters.
We recommend trade in an asset that show a profit factor of the last 1000 candles of at least 1.1. Also, you can apply trend, currency strength, among other filters, to adapt the signals to your personal strategy.
The indicator determines trend/flat status of the market using Bollinger Bands. Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend
There is a science, named Quantitative Finance, that allows to study the financial derivative pricing models using the methods of theoretical and mathematical physics. Lately I came across a paper that describes a new indicator for technical analysis that combines ideas from quantum physics and brings them to finance. I got interested in it and decided I would teach how to implement indicators based on a scientific papers in MQL5. The original Moving Mini-Max paper  is written by Z.K. Sila
The indicator identifies when a divergence occurs between price and an oscillator. It identifies both regular and hidden divergences. This free version has some limitations compared with the paid version . For instance alerts are not supported. Please also check out my other divergence products : Divergence dashboard Double divergence scanner Features Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX , ATR, OBV, Composite in
Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is... FEATURES 8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA SETTINGS You can change the Period of all M
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer
Demo version of the HMA Trend Professional indicator. The main feature of the "HMA Trend Professional" indicator is the ability to predict the trend reversal with high probability. The trend reversal forecast is based on the statistical analysis of history data. The indicator plots statistical diagrams which can be used by traders to see the current phase of the market (impulse or correction, the beginning, middle or end of the movement) and evaluate the probability of a reversal. See the main p
Reversal Hunter is a new leading oscillator. It monitors small changes in volume and price volatility using second derivative, thus providing an accurate prediction of trend reversals. Though Reversal Hunter shows its best results with reliable volume data (tick or real), special option of "synthetic" volume (which uses OHLC data only) is implemented to optimize performance in case of poor or missing volume data. The oscillator is drawn as two-color line for easy detection of trend changes.
Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia (https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp).
Magic Channel Free is a channel indicator for the MetaTrader 5 trading platform. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening sign
Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! The demo version is limited only to one hour time frame. Complete version: https://www.mql5.com/en/market/product/4185
The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
Advanced Stochastic Scalper Free for MT5 is a professional indicator based on the popular Stochastic Oscillator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper Free to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely m
The FOB ( F requency of O ccurrence of B ars) indicator refers to oscillators. Many are watching for the price changes on the chart. Trend impulses are replaced by side pulses, and vice versa. When this change is observed, it could be noted that bars of the same color are formed more often during the period of impulse movements. For example, during an uptrend impulse the bullish bars can be seen more often on the chart, and the bearish ones can be seen rarer. During a downtrend impulse the beari
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
RSI with moving average is great to see when the price is overbought and oversold instead of RSI only. INPU T PARAME TERS : RSI: Period - RSI period. Price - RSI applied price. Color scheme - RSI color scheme (4 available). MOVING AVERAGE: Period - MA period. Type - MA type. Apply - MA applica tion. Shift - MA shif t (correc tion). PRICE LINE: Show - specify if line with price, only line or nothing. Style - line style. OTHER: Overbought level - specify the level . Overboug
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
Technical indicator Relative Strength Index (RSI) is a price following oscillator, whose values vary between 0 and 100. Values below 30 indicate an oversold state, and values above 70 indicate an overbought state. The classic interpretation of it is the following: if the oscillator line goes out of the oversold zone, it is a signal for opening a long position. If it goes out of the overbought zone, it is a signal for opening a short position. The indicator displays entry points on the chart usin
The Discrete Channel (kind of renko on time) is a very useful indicator to filter the market noise. It consists of two outer lines. Until the market price is between the boundaries of the channel nothing happens. If price move outside the channel, you can enter buy (if the up line is broken) or sell (if the bottom line is broken) How to use This is the lite version of the Discrete channel indicator . The only limitation is in the channel height parameter. Max value can be 20 pips. It accept
This scanner shows the trend values of the well known indicator SuperTrend for up to 15 instruments and 21 time frames. You can get alerts via MT5, Email and Push-Notification as soon as the direction of the trend changes. Important Information You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H12 time frame shows a re
With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum This FREE Version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here:
We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle or if the trend is your thing then check for bearish engulfing candles while entering oversold. This indicator will show a downward arrow when it detects a bearish engulfing candle while cro
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
The MACD indicator in MetaTrader 4/5 looks different than the MACD indicator in most other charting software. That's because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA whereas according to MACD definition it's supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal l
This is RSI with alarm and push notification -is a indicator based on the popular Relative Strength Index (RSI) indicator with Moving Average and you can use it in Forex, Crypto, Traditional, Indices, Commodities. You can change colors to see how it fits you. Back test it, and find what works best for you. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows RSI with alarm and push notific
The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
Tenkan and Kijun Color Fill Color Fill enhances visual perception of price action and assists with decisions of trade entry, continuation, exit and trade re-entry on trend continuation. This indicator draws: The Tenkan Sen and Kijun Sen components of the Ichimuko Kinko Hyo Indicator. Two associated Price Labels. The below Color Fill options. Note: The Color Fill is not a part of the Ichimoku Kinko Hyo indicator and should not be confused with the Ichimoku Cloud. Color Fill options Color Fill be
The indicator High Trend Lite monitors 5 symbols in up to 3 timeframes simultaneously and calculates the strength of their signals. The indicator notifies you when a signal is the same in different timeframes. The indicator can do this from just one chart. Therefore, High Trend Lite is a multicurrency and multitimeframe indicator. With the High Trend Pro , available at this link , you will have an unlimited number of symbols, 4 timeframes, a colourful chart of the primary MACD indicator, several
Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
Gold Stuff mt5 is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. Telegram group here telegram channel here SETTINGS Draw Arrow - on off. drawing arrows on the chart. Alerts - on off audible alerts. E-mail notification - on off. email notifications. Puch-notification - on off. Push notifications. Next, adjust the color gamut.
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1. Read the basic description of our simple trading system & and it's major strategy update in 2020 2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Power MT5 is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals: The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The buy
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ The most important task of the trader is to discover the trend and follow it. Peace - a trend indicator, used to determine the current trend. I use it to set the trading direction for the Idea Pro mt5 adviser (trade buy or trade sell). It works on all instruments - forex, indices, oil, gold, stocks and all time frames. Recommended time frame H1. For any questions you can write me a message here
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1. Read the basic description of our simple trading system & and it's major strategy update in 2020 2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly br
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1. Read the basic description of our simple trading system & and it's major strategy update in 2020 2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long t
Important Note : 1. Active Signals Performance via TREND LINE MAP INDICATOR ( Daily Update ) ► Click Here 2. Backtesting Multi-currencies and multi-timeframes trading systems required a supercomputer with a very good performance and computer resources. Please try our free version to explore all the features and tools of the Trend Screener indicator inside of demo testing. Free version Link : https://www.mql5.com/en/market/product/47786 Breakthrough Solution For Trend Trading And Filt
As it name implies, this is an exaustion oscillator. However, you may wonder: what differs you from others oscillators like RSI, Stochastic, CCI etc? The difference is that ours is more powerful and accurate ! Your oscillator filters the nois e made by other oscillators, and shows you only the exact moment to enter the trade. Of course, using it alone, like any other indicator, has its risks. Ideally, reconcile it with technical analysis and/or others indicators. Signals emitter for paid version
トレンドトレーディング は、タイミングのプルバックとブレイクアウトにより、市場で起こっているトレンドから可能な限り利益を得るように設計された指標です。確立されたトレンドの中で価格が何をしているかを分析することにより、取引の機会を見つけます。 [ インストールガイド | 更新ガイド | トラブルシューティング | よくある質問 | すべての製品 ] 自信を持って効率的に金融市場を取引する むち打ちにならずに確立されたトレンドから利益を得る 収益性の高いプルバック、ブレイクアウト、早期の逆転を認識する この指標は、独自の品質とパフォーマンスを分析します 複数時間枠のダッシュボードを実装します インジケーターは再描画されていません 電子メール/音声/視覚アラートを実装します 確立されたトレンドは多くの取引機会を提供しますが、ほとんどのトレンド指標はそれらを完全に無視しています。インジケーターの解釈はかなり簡単です： （1） トレンドの変化 （2） トレンドの方向への後退 （3） トレンドの方向へのブレイクアウト 赤いダッシュ は下降トレンド中の修正です 青いダッシュ は上昇ト
This multi time frame and multi symbol trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double (MA crossover)), RSI, Bollinger bands, ADX, Composite index (Constance M. Brown), Awesome (Bill Williams), MACD (signal line) or Heiken Ashi smoothed. It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard at the same time. The co
*All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader ! Message Me Immediately After Purchase For Installation Help and V.I.P Access With Additional Strategies BlueDigitsFx Explains How To Use The System In Detail : https://youtu.be/fIOWwWuE5ZQ BlueDigitsFx's Easy 1 2 3 System is an all in 1 Indicator with a variety of options to work with. Performs Amazingly with a Market Base Line for example; 50ema, 200ema, Kijun sen,... Performs Amazingly with a si
弱い通貨に対して強い通貨を取引することは、常に最も安全なプレイです。この指標は、主要通貨間の相対的な強さを測定し、金融商品の選択、入場、退出をより簡単にします。基本的な考え方は、弱い通貨をカウンター通貨として使用し、その逆を使用することです。弱さに対する強さおよび強さに対する短い弱さを購入します。 [ インストールガイド | 更新ガイド | トラブルシューティング | よくある質問 | すべての製品 ] 一目で強い通貨と弱い通貨を見つける ある通貨を別の通貨と簡単に比較する 通貨は強化されていますか？長い間探します 通貨は弱くなっていますか？ショートパンツを探す 複数時間枠のダッシュボードを実装します それは取引のための最高品質の確認です インディケーターは最適化をまったく必要としません カスタマイズ可能なルックバック期間 インジケーターは再描画されていません インジケーターの解釈はかなり簡単です。 27通貨ペアの現在と以前の価格を比較し、各通貨が他のすべての通貨に対して獲得または損失した回数をカウントします。通貨は8つしかないため、最大スコアは+7（他のすべてに対して獲得された通貨
Magic Candles MT5 is a new product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles MT5 is perfect for trading currencies (including cryptocurrencies) and binary options. Magic Candles for MetaTrader 4 can be downloaded here: https://www.mql5.com/en/market/product/25921 . Advantages Suitable for scalping an
An Outstanding Indicator... Get simple, effective trade opportunities with Pivot Prof and use the levels professionals use. No other indicator does what Pivot Prof does, so read on and get ready to change your trading today... Pivot Prof is feature rich and uses special algorithms to calculate and display trading levels from multiple timeframes on a unique easy to read chart, with all the alerts and full customization. More Pivot Prof Info Here ► Pivot Prof - Trading An Edge Plus claim
Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major currency pairs and 9 timeframe. History data will be downloaded automatically as
The indicator looks for the "Fifth dimension" trade signals and marks them on the chart. A detailed description of the chart patterns that generate the trade signals can be found in Chapter 8 "The Balance Line Trades" in the book Williams' "New Trading Dimensions". Signal levels with indication of the position entry or stop loss placement price are indicated directly on the chart. This feature creates additional convenience for the trader when placing pending orders. A solid horizontal line is d
The VR ATR Pro indicator is a powerful professional tool for determining target levels on a particular financial instrument. The indicator effectiveness has been proven by thousands of tests on both real and demo accounts. VR ATR Pro is an indicator that works on real data using live real statistics. Statistics are stubborn things, using real statistics in mathematical calculations allows you to calculate accurate target levels for a financial instrument. Join the discussion in the group @telegr
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators/oscillators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading . For instance this product
This indicator identifies market regimes based on a moving average channel of the highs and lows. When the system is in the bull regime, it only allows the channel to increase, and vice versa in bear. The reason for choosing a channel over just a moving average is to get the benefits of hysteresis and reduce whipsaws by using a range of values before switching from bull to bear regime. Hysteresis is a natural phenomenon that appears in magnetism, elastics, cell mitosis and control theory (e.g. t
VTrende - MTF indicator for trend trading with a display panel for MT5 Although the signals of the VTrende indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. The main task of the indicator - is to determine the points of change in the direction of the trend. The indicator signal appears in two versions: Advance - when the trend ends To be continued - when the trend is already on The indicator sho
Currency RSI Scalper MT5 -is a professional indicator based on the popular Relative Strength Index (RSI) indicator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows Currency RSI Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at
Type: Oscillator This is Gekko's Cutomized Moving Average Convergence/Divergence (MACD), a customized version of the famous MACD indicator. Use the regular MACD and take advantage of several entry signals calculations and different ways of being alerted whenever there is potential entry point. Inputs Fast MA Period: Period for the MACD's Fast Moving Average (default 12); Slow MA Period: Period for the MACD's Slow Moving Average (default 26); Signal Average Offset Period: Period for the Signal
Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The indicator uses tick data to plot the historical tick chart for a particular setting and real ticks for plotting live charts. This method of calculation gives ve