Simple Tick Data Collector for MQL4
Info
The Simple Tick Data Collector for MQL4 is a Indicator for MetaTrader 4 that high-frequency tick data collection tool many traders lack access to high-frequency forex data (e. g.
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 Simple Tick Data Collector for MQL4
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
High-Frequency Tick Data Collection Tool Many traders lack access to high-frequency forex data (e.
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: tick on chart indicator suite - another powerful indicator for MetaTrader 4 traders.
High-Frequency Tick Data Collection Tool Many traders lack access to high-frequency forex data (e.g., every minute) necessary for discovering new strategies or backtesting trading ideas. This tool, a simple tick data collector developed in MQL4, allows you to gather tick data for any symbol you choose. FunctionalityAlso recommended: nrtr indicator with candlestick painting - similar indicator with strong performance on MetaTrader 4.
This tool operates as an indicator, though it does not display any visual elements on your trading chart. It functions silently in the background, recording every incoming tick into a file located in the "experts\files" subfolder of your MetaTrader installation. The symbol being traded is incorporated into the filename. For example, data for EURUSD will be saved to a file named eurusd_tick.csv. The data collection begins the moment you attach the indicator to a chart and continues until you detach it from the indicator list. Sample Data FormatThe collected tick data is saved in a CSV file with the following format: datetime,open,high,low,close,volume
1317642960,1.54739,1.54739,1.54697,1.54697,20
1317642960,1.54739,1.54739,1.54697,1.54701,21
1317643020,1.54705,1.54705,1.54705,1.54705,1
... This utility is designed for efficient data logging, providing a valuable resource for traders and strategy developers from 2026 onwards.
You may also like: inside bar indicator: reliable candlestick pattern detection - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
string symbol;
int handle;
#property indicator_chart_window
int init()
{
symbol = symbol();
handle=fileopen(symbol+"_tick.csv", file_csv|file_write,',');
if (handle>0).......
⚠ 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.