Ultra Charts

Ultra Charts - Advanced Custom Chart Types for MT5

Ultra Charts is a comprehensive charting solution that brings professional-grade alternative chart types to MetaTrader 5. This Expert Advisor provides traders with multiple custom chart formats beyond standard time-based candlesticks, enabling enhanced technical analysis and pattern recognition.

Chart Types Included

The product includes six distinct chart types, each designed to filter market noise and highlight specific price patterns:

Second Charts - Time-based charts using custom second intervals for ultra-short-term analysis and scalping strategies.

Tick Charts - Volume-based charts that create new bars after a specified number of ticks, providing consistent volume representation regardless of time.

Heiken Ashi Charts - Modified candlestick charts that smooth price action and help identify trends more clearly by averaging price data.

Line Break Charts - Price action charts that only create new lines when price moves beyond previous highs or lows by a specified amount, filtering out minor fluctuations.

Range Charts - Charts that form new bars only when price moves a specific range, making them time-independent and focused purely on price movement.

Renko Charts - Brick-based charts that eliminate time and volume, displaying only price movements of a fixed size to highlight trends and support resistance levels.

Key Features

Intuitive Dashboard Interface - Manage all chart types from a single, user-friendly control panel with organized columns for each chart type.

Multiple Chart Management - Create and manage up to 20 custom charts per base symbol, allowing comprehensive multi-timeframe and multi-type analysis.

Real-Time Updates - All custom charts update automatically with incoming market data, ensuring accurate and timely information.

Easy Configuration - Simple setup process for each chart type with clear parameter inputs and visual feedback.

Duplicate Detection - Built-in system prevents creation of duplicate charts with identical configurations.

Chart Organization - Scroll through multiple charts within each type category, with clear labeling and easy removal options.

One-Click Operations - Open all configured charts simultaneously or close them with single button clicks for efficient workspace management.

How It Works

The Expert Advisor creates custom symbols in MetaTrader 5 that represent alternative chart calculations. Once configured through the dashboard, each chart type generates its own tradable symbol that can be opened in a separate chart window. This approach ensures proper data handling and allows traders to apply indicators and expert advisors to the custom charts just like regular charts.

Usage Instructions

Attach the Expert Advisor to any chart in MetaTrader 5. The dashboard will appear, displaying six columns representing different chart types. Click the Add New button in any column to configure a new chart of that type. After configuration, use the Open Charts button to display all configured charts in separate windows. Charts remain active until closed, with the dashboard providing central management for all custom chart instances.

Performance Optimization

The system uses efficient round-robin processing to update multiple charts without overloading the platform. Loading screens provide visual feedback during chart initialization. The 20-chart limit per base symbol ensures optimal performance across all timeframes and chart types.

Support

Product support is provided through the comments section. All questions and technical assistance requests will be addressed promptly to ensure proper functionality and user satisfaction.