Mastering Tick Charts: Your Essential Guide for MetaTrader 4

Mike 2013.09.19 16:22 75 0 0
Attachments

Description:

If you're looking to level up your trading game, understanding tick charts is key. This handy indicator for MetaTrader 4 allows you to record, store, and display data fully in a tick chart format, giving you a clearer view of market movements.

Image:

Structure of Tick File:

  • iTime - The time of the tick.
  • iOpen - The bid price at the start of the tick.
  • iLow - The lowest bid price during the tick.
  • iHigh - The highest ask price during the tick.
  • iClose - The ask price at the end of the tick.
  • iVolume - Time from the server, accurate to the second.

Instructions:

  • To get started, attach the indicator to your chart. To open a tick chart, navigate to File ->Open Offline -> and select the symbol with the prefix 'tick'. For example, you might use tickAUDUSD,M1.

Pro Tips:

  • Once you've added the indicator, save the template as 'default'. This way, whenever you open any chart, the tick data will be automatically recorded.
  • Make sure to open the symbols you want to record and save them to your profile. Just go to File ->Profiles -> and select your profile to open all the necessary charts.

To ensure your records continue smoothly after an unexpected terminal shutdown, don't forget to use the SandyE-7-Recovery script!

List
Comments 0