When working real-time the indicator collects price data: the tick arrival time, the Bid price and the Ask price. The Bid and Ask prices are displayed as lines in the indicator subwindow, and all the gathered information can be saved to a special tick file (tks file type).
Thank you for reading this post, don't forget to subscribe!Along with the information collection, the indicator can plot and keep the non-standard charts active:
1.Isochronous charts with period from 1 second.
2.Range bar charts
3.Equivolume charts.
For each of the listed chart types a specific price type can be set:
1.By Bid prices – the way it is used in МТ4.
2.By Ask prices – instead of Bid the real Ask prices are displayed, but not the addition of the spread value to the Bid price.
3.Close – min Bid, open – max Ask – the first combined price representation. Such chart shows the maximum distance the market went in the direction of the profit of the perfect deal – opening in the right direction by one of the candlestick prices.
4.Close – max Ask, open – min Bid – the second combined price representation. The chart displays the maximum amplitude of the prices on a candlestick.
MT4 Indicators – Download Instructions
[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install [post-title].mq4?
- Download [post-title].mq4
- Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on [post-title].mq4
- Attach to a chart
- Modify settings or press ok
- Indicator [post-title].mq4 is available on your Chart
How to remove [post-title].mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Download Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
MT4 Indicators Download below:
Ticks collector
