MT4/MT5 Tick Chart Recording and Display
Info
The MT4/MT5 Tick Chart Recording and Display is a Indicator for MetaTrader 4 that record, store, and display tick data to create a fully functional tick chart within metatrader. Tick File Structure:- itime - modeling time.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use MT4/MT5 Tick Chart Recording and Display
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
Record, store, and display tick data to create a fully functional tick chart within MetaTrader.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: order tracing for mt4/mt5 - another powerful indicator for MetaTrader 4 traders.
Record, store, and display tick data to create a fully functional tick chart within MetaTrader.Also recommended: tick on chart indicator suite - similar indicator with strong performance on MetaTrader 4.
Tick File Structure:
- itime - modeling time.
- iopen - bid quote.
- ilow - bid quote.
- ihigh - ask quote.
- iclose - ask quote.
- ivolume - server time, precise to the second.
Instructions:
Start the indicator on any chart. To open a tick chart: navigate to File -> Open Offline -> select the symbol with the prefix 'tick' (e.g., tickaudusd,m1).
Tips:
To automatically record tick data on all charts: start the indicator on a chart and save the template as 'default'. This ensures ticks data is captured whenever you open a new chart.
To record data for specific symbols: open the required symbol charts and save them to a profile. Then, load your profile via File -> Profiles -> 'Your Profile'. This will open all charts necessary for recording.
To resume recording after an unexpected terminal shutdown, use the Sandye-7-Recovery script.
You may also like: nrtr indicator with candlestick painting - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools".......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.