Ticks Line Chart

Ticks Line Chart is a professional indicator for the metaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars.

Note that the Strategy Tester of the metaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same.

Indicator Benefits

• Perfect for scalping.
• A unique indicator, there are no free analogues.
• Using the flexible indicator settings, you can adjust the indicator to your trading style.
• Works on all timeframes.
• Works on any financial instrument.
• Does not repaint/redraw.

Parameters of Ticks Line Chart

• Total ticks - the number of displayed ticks.
• Price type - the parameter can have one of four values (Bid & Ask, Bid, Ask, Average price). Bid & Ask - showing Bid and Ask on the chart (see screenshot 1). Bid - only Bid prices are displayed. Ask - only Ask prices are displayed. Average price - only the average price is displayed on the chart; it is calculated as follows: Average=(Bid+Ask)/2 (see screenshot 2).
• clrAsk - the color of the Ask price.
• clrBid - the color of the Bid price.
• clrAverage - the color of the Average price.

Developer

Evgeny Belyaev, professional programmer and successful trader.