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TickChart Indicator for MT5

Download demo: 64

Publicado: 8 setembro 2019

Versão atual: 1.1

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TickChart Indicator for MT5

Indicadores
Mika Akimoto
Versão: 1.1
Ativações: 5

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-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 can be useful is 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.

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A tool for on-chart strategy backtesting and performance analysis. A utility for developing, debugging, and testing custom trading ideas and indicator functions. An indicator designed to quickly test trading concepts and visualize the effectiveness of different input parameters. An all-in-one sandbox for testing everything from simple crossovers to complex, multi-condition trading systems.

1 500 USD

This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles. If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market. Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan. MT4 Version Support/Resistance Breakout MT4 : https:/

299 USD

First time on MetaTrader, introducing IQ Star Lines - an original Vedic Astrology based indicator. "Millionaires don't use astrology, billionaires do" . - J.P. Morgan, Legendary American financier and banker. IQ Star Lines, an unique astrological indicator purely based on Vedic astrology calculations, published for the first time on Metatrader. This unique tool plots dynamic planetary grid lines based on real-time stars, constellations, and celestial movements, which allows you to plot t

199 USD

Prices move for many reasons and these can vary from one operator to another: software, private and institutional traders simultaneously contribute to the formation of the price, making predictive art very difficult. However, there are measurable factors that bind the price to an underlying trend in line with the physical reality that the financial asset represents: these are the macroeconomic indicators. Large investors use this information wisely to set their strategies. Understanding these m

249 USD

Matreshka self-testing and self-optimizing indicator: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4. Draws up to six levels of ZigZag at the same time, tracking waves of different orders. 5. Marks Pulsed and Recoil Waves. 6. Draws arrows to open positions 7. Draws three channels. 8. Notes support and re

245 USD

Ultra-fast recognition of parabolic channels (as well as linear, horizontal and wavy channels) throughout the depth of history, creating a hierarchy of channels. Required setting: Max bars in chart: Unlimited This indicator is designed primarily for algorithmic trading, but can also be used for manual trading. This indicator will have a very active evolution in the near future and detailed descriptions on how to apply to create robots

240 USD

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

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

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