VA Ticks
Info
The VA Ticks is a Library for MetaTrader 4 that class for working with ticks in metatrader 4, enabling the creation of experts that make trading decisions based on tick data analysis. The class facilitates the calculation of:- Price movement speed.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Libraries folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use VA Ticks
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
Class for working with ticks in MetaTrader 4, enabling the creation of experts that make trading decisions based on tick data analysis.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Library works on MetaTrader 4. Place the file in the MQL4/Libraries folder and restart the terminal.
Description & Settings
Related: Automated MT4/MT5 Backtester Control - another powerful library for MetaTrader 4 traders.
Class for working with ticks in MetaTrader 4, enabling the creation of experts that make trading decisions based on tick data analysis.Also recommended: Lot Size Calculator - similar library with strong performance on MetaTrader 4.
The class facilitates the calculation of:
- Price movement speed.
- Price acceleration.
- Distance passed by the price.
- Price movement direction.
- Distance the price may pass based on acceleration.
Example of class implementation in an expert.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#define trend_buy 1
#define trend_sell 2
#define trend_no 0
class ctick
{
protected:.......
⚠ 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.