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This library is for
MetaTrader 4
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and Trade on the Go!

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Name:
Tick Chart
Author: eagleye777 (2010.12.22 09:33)
Downloaded: 2863
Download:
 Tick Chart.mq4 (2.9 Kb) View
 Tick Chart + Median.mq4 (3.2 Kb) View
 Tick Chart + Typical.mq4 (3.3 Kb) View
 Tick Chart + Weighted.mq4 (3.3 Kb) View

Tick Chart

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This is a mod of Tick_on_Chart by Scriptor ?

Description:

Shows the tick chart in a separate window, with Ask line. The three additional variations plot the Median, Typical and Weighted candle prices aswell.

The price lines can be used for support/resistance and to gauge the direction of movement, also for trading signals when the Bid line (red) crosses or bounces off them, as pictured below.

Median = High + Low /2

Typical = High + Low + Close / 3

Weighted = High + Low + Close + Close / 4

All four indicators shown in window...

Image:

FX Tools release : Levels RMS - Professional background Risk management system for manual or automated trading. - www.fxtools.info


6 comments  To post a new comment, please log in or register

Option:

1) constant timescale;

2) constant tick interval

?

30.12.2010 20:13 Ais
Ais:
But why not to add another time scale, in subwindows ?

Timescale would be inconstant...
26.12.2010 12:19 eagleye777
But why not to add another time scale, in subwindows ?
23.12.2010 10:45 Ais
Ais:

The times are part of the main chart

22.12.2010 19:10 WHRoeder

22.12.2010 18:23 Ais
vErYniCEiDeA
22.12.2010 14:28 BlueSkyThinking