VR Ticks - tick chart indicator

Review

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 main chart window in the form of a tick chart. This information helps the trader to identify the beginning of a new trend earlier. A tick chart is built for each change in the Ask, Bid or Last price (the price of the last transaction), and the time for the chart is not taken into account.

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

Using a tick chart, a trader can not only enter a trade accurately, 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 long chart periods.

Very often the tick chart is compared to the pulse of the market.

The program code of the indicator tick by tick builds a chart in the MetaTrader window. Depending on the indicator settings, moments of growth in the chart can be painted in one color, and moments of falling prices in another. This approach helps the trader to clearly see a change in the current trend.

The indicator monitors every price movement and displays all, absolutely all price movements on the chart. If there are no changes in the Ask or Bid price, the indicator builds a horizontal chart.

Features of the VR Ticks indicator

• Greater efficiency when trading using scalping strategies;
• The tick chart can be displayed in the window with the main chart;
• It is possible to configure the chart window to only monitor the tick chart;
• Suitable for both beginners and professional traders;
• Stable and optimized indicator code, does not consume a lot of computer resources;
• Works on any financial instruments (Forex, CFD, Crypto, Metalls, Futures);
• The indicator is designed and identical for MetaTrader 4 and MetaTrader 5;
• Not a lot of settings;
• Easy to install and configure, the program comes with text and video instructions;

• For the market Trading-Go
• Supplied in an archive containing versions for MetaTrader 4 and MetaTrader 5;
• The indicator comes free of charge;
• Works in strategy tester, demo accounts, real accounts;
• Installation instructions;

• For the market Mql5.com
• Available in the Mql5.com market, for MetaTrader 4 and MetaTrader 5;
• Works in strategy tester, demo accounts, real accounts;
• Installation instructions;

Settings

Indicator settings

• Count periods
• Delta Ask - Bid

Ask line settings

• Show Ask tick
• Color Ask tick Up
• Color Ask tick Down
• Width Ask tick
• Style Ask tick

Bid line settings

• Show Bid tick
• Color Bid tick Up
• Color Bid tick Down
• Width Bid tick
• Style Bid tick

Last line settings

• Show Last tick
• Color Last tick Up
• Color Last tick Down
• Width Last tick
• Style Last tick

Other Settings

• Shift indicator bar
• Shift indicator price
• Text Size

Video

Updates

What's in the archive

For MetaTrader 4

• VR-Ticks-RU.ex4 - Russian version program file
• VR-Ticks-EN.ex4 - English version program file

For MetaTrader 5

• VR-Ticks-RU.ex5 - Russian version program file
• VR-Ticks-EN.ex5 - English version program file

FAQ