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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 one hundred percent of cases. 

With the help of a tick chart, a trader can not only accurately enter a deal, but also exit at the right moment 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 chart periods. 

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

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

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  • Greater efficiency when trading 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 to monitor the tick chart.
  • The indicator is designed and identical for MetaTrader 4 and MetaTrader 5.
  • Suitable for trading beginners and experienced traders.
  • It can show data for any financial instruments (Forex, Metals, CFDs, Futures, Crypto).
The program code of the indicator builds a tick-by-tick chart in the MetaTrader window. Depending on the indicator settings, the moments of chart growth 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.

Adjust 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 ‚Äď The number of displayed periods

>>> ===== II =====

  • Show¬† Ask tick ‚Äď Show the Ask tick line
  • Show¬† Ask Label Shift ‚Äď Shift the text of the Ask line
  • Color Ask tick Up ‚Äď The color of the Ask line when growing
  • Color Ask tick Down ‚Äď The color of the Ask line when falling
  • Width Ask tick ‚Äď The thickness of the Ask line
  • Style Ask tick ‚Äď Style of the Ask line

>>> ===== III =====

  • Show¬† Bid tick ‚Äď Show the Bid tick line
  • Show¬† Bid Label Shift ‚Äď Shift the text of the Bid line
  • Color Bid tick Up ‚Äď The color of the Bid line when growing
  • Color Bid tick Down ‚Äď Color of the Bid line when falling
  • Width Bid tick ‚Äď The thickness of the Bid line
  • Style Bid tick ‚Äď Style of the Bid line

>>> ===== IV =====

  • Show¬† Last tick ‚Äď Show the line of Last ticks
  • Show¬† Last Label Shift ‚Äď Shift the text of the Last line
  • Color Last tick Up ‚Äď The color of the Last line when growing
  • Color Last tick Down ‚Äď Color of the Last line when falling
  • Width Last tick ‚Äď Line thickness Last
  • Style Last tick ‚Äď Last line style

>>> ===== V =====

  • Shift indicator bar ‚Äď Shift the lines by time
  • Shift indicator price ‚Äď Move the lines by price
  • Text Size ‚Äď 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 chart growth 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.

Adjust 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 ‚Äď The number of displayed periods

>>> ===== II =====

  • Show¬† Ask tick ‚Äď Show the Ask tick line
  • Show¬† Ask Label Shift ‚Äď Shift the text of the Ask line
  • Color Ask tick Up ‚Äď The color of the Ask line when growing
  • Color Ask tick Down ‚Äď The color of the Ask line when falling
  • Width Ask tick ‚Äď The thickness of the Ask line
  • Style Ask tick ‚Äď Style of the Ask line

>>> ===== III =====

  • Show¬† Bid tick ‚Äď Show the Bid tick line
  • Show¬† Bid Label Shift ‚Äď Shift the text of the Bid line
  • Color Bid tick Up ‚Äď The color of the Bid line when growing
  • Color Bid tick Down ‚Äď Color of the Bid line when falling
  • Width Bid tick ‚Äď The thickness of the Bid line
  • Style Bid tick ‚Äď Style of the Bid line

>>> ===== IV =====

  • Show¬† Last tick ‚Äď Show the line of Last ticks
  • Show¬† Last Label Shift ‚Äď Shift the text of the Last line
  • Color Last tick Up ‚Äď The color of the Last line when growing
  • Color Last tick Down ‚Äď Color of the Last line when falling
  • Width Last tick ‚Äď Line thickness Last
  • Style Last tick ‚Äď Last line style

>>> ===== V =====

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

Version for MetaTrader 4

Adjust 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 ‚Äď The number of displayed periods

>>> ===== II =====

  • Show¬† Ask tick ‚Äď Show the Ask tick line
  • Show¬† Ask Label Shift ‚Äď Shift the text of the Ask line
  • Color Ask tick Up ‚Äď The color of the Ask line when growing
  • Color Ask tick Down ‚Äď The color of the Ask line when falling
  • Width Ask tick ‚Äď The thickness of the Ask line
  • Style Ask tick ‚Äď Style of the Ask line

>>> ===== III =====

  • Show¬† Bid tick ‚Äď Show the Bid tick line
  • Show¬† Bid Label Shift ‚Äď Shift the text of the Bid line
  • Color Bid tick Up ‚Äď The color of the Bid line when growing
  • Color Bid tick Down ‚Äď Color of the Bid line when falling
  • Width Bid tick ‚Äď The thickness of the Bid line
  • Style Bid tick ‚Äď Style of the Bid line

>>> ===== IV =====

  • Show¬† Last tick ‚Äď Show the line of Last ticks
  • Show¬† Last Label Shift ‚Äď Shift the text of the Last line
  • Color Last tick Up ‚Äď The color of the Last line when growing
  • Color Last tick Down ‚Äď Color of the Last line when falling
  • Width Last tick ‚Äď Line thickness Last
  • Style Last tick ‚Äď Last line style

>>> ===== V =====

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

Version for MetaTrader 4

Version for MetaTrader 4

Key Features of Algorithmic Trading Software

15 October 2015

21.80

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