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The VR Ticks indicator is necessary when using trading strategies based on scalping and pipsing in the MetaTrader terminal. VR Ticks displays the smallest price changes in the form of a tick chart in the main chart window.  This information helps the trader to determine the beginning of a new trend earlier. The tick chart is built for each change in the Ask, Bid or Last price (the price of the last transaction), while the time for the chart is not taken into account. 

A tick chart is essentially a micrograph based on the data of which a minute period is built. Trading strategies based on scalping or pipsing use tick charts in almost a hundred percent of cases. 

With the help of a tick chart, a trader can not only accurately enter a trade, but also exit at the right time with a small profit. Trading on tick charts is attractive for traders with a large number of transactions in a short period of time. Despite the fact that the transactions are not large, the probability of obtaining a small and stable profit is much greater than when trading on standard large periods of charts. 

Technical support, settings, and demo versions of programs can be requested in the author’s profile.

Technical support, settings, and demo versions of programs can be requested in the author’s profile.

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  • Greater efficiency when trading using scalping strategies.
  • Stable and optimized indicator code, does not consume a lot of computer resources.
  • The tick chart can be displayed in the window with the main chart.
  • It is possible to configure the chart window only for monitoring the tick chart.
  • The indicator is designed and identical for MetaTrader 4 and MetaTrader 5.
  • Suitable for trading for beginners and experienced traders.
  • It can show data for any financial instruments (Forex, Metals, CFDs, Futures, Crypto).

The algorithm of operation

The program code of the indicator builds a tick-by-tick chart in the MetaTrader window. Depending on the indicator settings, the moments of growth of the chart can be colored in one color, and the moments of price fall in another. This approach helps the trader to clearly see the change in the current trend. 
The indicator monitors every price movement, everything, absolutely all price movements are displayed on the chart. If there are no changes in the Ask or Bid price, the indicator builds a horizontal chart.

Recommendations

The indicator is best suited for determining the trend change. Use the indicator to find the best entry and exit points from the market.

Configure the indicator as it is convenient for you, you can display the tick chart separately in the window or overlay the ticks on top of the current chart, so you will see two charts at once at the same time.

Settings

>>> ===== I ===== <<<

  • Count periods – The number of displayed periods

>>> ===== II ===== <<<

  • Show  Ask tick – Show the line of Ask ticks
  • Show  Ask Label Shift-Move the text of the Ask line
  • Color Ask tick Up – The color of the Ask line when growing
  • Color Ask tick Down – The color of the Ask line when falling
  • Width Ask tick – The thickness of the Ask line
  • Style Ask tick – The style of the Ask line

>>> ===== III ===== <<<

  • Show  Bid tick – Show the Bid tick line
  • Show  Bid Label Shift-Move the text of the Bid line
  • Color Bid tick Up – The color of the Bid line when growing
  • Color Bid tick Down – The color of the Bid line when falling
  • Width Bid tick – The thickness of the Bid line
  • Style Bid tick – The style of the Bid line

>>> ===== IV ===== <<<

  • Show  Last tick – Show the Last tick line
  • Show  Last Label Shift-Move the text of the Last line
  • Color Last tick Up – The color of the Last line when growing
  • Color Last tick Down – The color of the Last line when falling
  • Width Last tick – The thickness of the Last line
  • Style Last tick – The style of the Last line

>>> ===== V ===== <<<

  • Shift indicator bar-Move the lines by time
  • Shift indicator price-Move the lines by price
  • Text Size – The size of the text

Version for MetaTrader 4

The program code of the indicator builds a tick-by-tick chart in the MetaTrader window. Depending on the indicator settings, the moments of growth of the chart can be colored in one color, and the moments of price fall in another. This approach helps the trader to clearly see the change in the current trend. 
The indicator monitors every price movement, everything, absolutely all price movements are displayed on the chart. If there are no changes in the Ask or Bid price, the indicator builds a horizontal chart.

Recommendations

The indicator is best suited for determining the trend change. Use the indicator to find the best entry and exit points from the market.

Configure the indicator as it is convenient for you, you can display the tick chart separately in the window or overlay the ticks on top of the current chart, so you will see two charts at once at the same time.

Settings

>>> ===== I ===== <<<

  • Count periods – The number of displayed periods

>>> ===== II ===== <<<

  • Show  Ask tick – Show the line of Ask ticks
  • Show  Ask Label Shift-Move the text of the Ask line
  • Color Ask tick Up – The color of the Ask line when growing
  • Color Ask tick Down – The color of the Ask line when falling
  • Width Ask tick – The thickness of the Ask line
  • Style Ask tick – The style of the Ask line

>>> ===== III ===== <<<

  • Show  Bid tick – Show the Bid tick line
  • Show  Bid Label Shift-Move the text of the Bid line
  • Color Bid tick Up – The color of the Bid line when growing
  • Color Bid tick Down – The color of the Bid line when falling
  • Width Bid tick – The thickness of the Bid line
  • Style Bid tick – The style of the Bid line

>>> ===== IV ===== <<<

  • Show  Last tick – Show the Last tick line
  • Show  Last Label Shift-Move the text of the Last line
  • Color Last tick Up – The color of the Last line when growing
  • Color Last tick Down – The color of the Last line when falling
  • Width Last tick – The thickness of the Last line
  • Style Last tick – The style of the Last line

>>> ===== V ===== <<<

  • Shift indicator bar-Move the lines by time
  • Shift indicator price-Move the lines by price
  • Text Size – The size of the text

Version for MetaTrader 4

Configure the indicator as it is convenient for you, you can display the tick chart separately in the window or overlay the ticks on top of the current chart, so you will see two charts at once at the same time.

>>> ===== I ===== <<<

  • Count periods – The number of displayed periods

>>> ===== II ===== <<<

  • Show  Ask tick – Show the line of Ask ticks
  • Show  Ask Label Shift-Move the text of the Ask line
  • Color Ask tick Up – The color of the Ask line when growing
  • Color Ask tick Down – The color of the Ask line when falling
  • Width Ask tick – The thickness of the Ask line
  • Style Ask tick – The style of the Ask line

>>> ===== III ===== <<<

  • Show  Bid tick – Show the Bid tick line
  • Show  Bid Label Shift-Move the text of the Bid line
  • Color Bid tick Up – The color of the Bid line when growing
  • Color Bid tick Down – The color of the Bid line when falling
  • Width Bid tick – The thickness of the Bid line
  • Style Bid tick – The style of the Bid line

>>> ===== IV ===== <<<

  • Show  Last tick – Show the Last tick line
  • Show  Last Label Shift-Move the text of the Last line
  • Color Last tick Up – The color of the Last line when growing
  • Color Last tick Down – The color of the Last line when falling
  • Width Last tick – The thickness of the Last line
  • Style Last tick – The style of the Last line

>>> ===== V ===== <<<

  • Shift indicator bar-Move the lines by time
  • Shift indicator price-Move the lines by price
  • Text Size – The size of the text

Version for MetaTrader 4

Version for MetaTrader 4

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