Simply Intelligent Technical Analysis and Trading Strategies. December 1, by Rajandran 37 Comments. Day trading charts can be based upon several different criteria, with the most popular being time, ticks number of tradesvolume number of contractsand price range.

All four types of charts use the same market information price, volume, etc.

EURUSD 1 min Chart with Indicators Applied Tick Charts. Charts based upon ticks make a new price bar or candlestick, line, etc. Popular numbers of ticks are 33 ticks, ticks, and ticks, which are all short term timeframes.

As tick based charts only make new bars when there have been enough trades, they adjust to the market, making bars less often when the market is moving slowly. Some day traders believe that this gives tick charts an advantage over time charts, but this really depends upon the trading system being used.

Steps to Setup 5 Tick Bar Chart in Metatrader 1 Download LogTickData and PostTickData mql4 codes 2 Put the Files inside c: Metatrader4ExpertsIndicator Folder 3 Open MetaEditor and Compile the Files LogTickData. Wait for some time so that tick data will be collected and stored. TickEURUSD, M5 leave the time as is This chart will start to collect tick data and you will see bars starts to form. Wait until sufficient bars has formed, and then add your favorite indicators.

There is one big disadvantage on this system — once you close MT, you must wait again building new data to produce a new actual tick chart. EURUSD 5-Tick Chart Offline. DownloadLogTickDataMetatradermt4PostTickDataTick ChartsTick Data. Rajandran is a Full time trader and founder of Marketcalls, hugely interested in building timing models, algosdiscretionary trading concepts and Trading Sentimental analysis.

He now instructs users all over the world, from experienced traders ,professional traders to individual traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst Optuma ,Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

December 4, at December 4, at 8: January 12, at 2: Hello I did everything but the price is not moving. Here is my chart Thanks, Travis. February 25, at July 17, at 9: December 20, at So my real broker instruments name EURUSD. March 8, at 7: March 25, at Post tick Data is not able to apply on the chart there is some error. It will show Error on the file open: June 12, at 8: June 12, at 9: Vamsi, It wont workin in ODIN Diet Platform.

MT4 custom indicators will work only in MT4 platform. And Odin Diet doesnt supports custom indicators like how MT4 does. July 5, at 4: September 19, at 1: Downloaded this yesterday and must say I am impressed. Any way, thanks for posting creating? September 19, at 7: I had that in the past with some other offline charts and some others not. Probably something in the code, will try to find it. November 7, at 5: Now it is possible to add tick charts in the indicator window of MT4.

Check RW Tick Chart indicator at http: December 22, at The most intuitive platform, in my opinion, is still Metatrader 4. I use it all the time, but the lack of tick bars is a real detriment. February 2, at 5: February 2, at 9: Hi Jagdish, Trading 1min timeframe is quite dangerous instead you can try with increasing your timeframe as the probability of winning in lower timeframe is quite lower and the risk associated is quite higher.

Instead i would suggest you should try with 5min,10min or 15min max. February 20, at 5: Probably the new MT4 build is not allowing as they modified the mql4 programming a lot. February 20, at 6: I think the problem could be related to mt4 build which was released early February unknowingly to me which would explain why there would be problems and also why locations of files are a bit different.

But not sure why compiling would cause errors now…. February 21, at 1: February 26, at March 20, at 7: Thanks for the info I changed 1. March hdfc currency exchange rate, at 5: March 7, at 7: Hi all, i was looking for for a tick chart for the MT4 platform. Hopefully someone made this! First of all i use the last version of MT4, so when i tried to compile i got moneymaker strain review error.

I fixed it by changing the name of the variable. SO now it compile.

MetaTrader History Data Importing and Converting Tutorial for Quality Backtesting

But now i have a second error When i drag the PostTickData to the chart I get an error: Error on file open: I read all the post and tried all the PostTickData version but still have a problem to install the tick chart. It seems that the LogTickData forex broker rankings 2011 not creating the.

I created the TickData folder myself in the indicators folder. But still not see any. But it appear that the file handle always return -1 means it cannot open or create the file at the line 51 of the LogTickData. It still cannot open the file. I tried by changing the permission of the Metatrader 4 platform and the permission of the metaEditor. Anyone already encounter this error? May 15, at 9: I just made fix for build You might need to do two things 1. Folder might be read only.

So you need to change it. October 23, at 3: HST file remains locked and MT4 Version 4.

Forgive my bad manners--I forgot to thank Rajandran for the original code and remarkably clear instructions. June 30, at 9: My EA is not able to trade or to read the values of the BB for example in the offline chart ……. It seems to be, that the code in start will never be activ……. Mateo Duque ekud87 says. August 4, at March 3, at 7: My question is -- I am trading MCX in Odin Diet March 3, at 8: You cannot connect odin real time to MT4.

As MT4 act as DDE servers MT4 can pass data to any external DDE application which is similar to ODIN. However MT4 is not designed to receive DDE data. October 27, at 6: Hello, Once the Tick Charts installed on MT4, is it possible to attach an EA to place automated trades based on Tick Charts?

How to convert historical data for Metatrader - General - MQL5 programming forum

Just like on normal MT4 charts? February 1, at 5: Hi every body I need metastock data convert to metatrader convert tick chart to 1 second chart and check the 1 second chart live Can any body help me and send for me the indicators?

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February 16, at February 27, at 7: I am working on it but provided I get this one working. In my MQL 4 sub diretory, there is an Experts Directory and then an Indicator directory along with others like include, scripts etc.

Are you implying that we create such a subfolder and MT4 would recognize it? Or are you implying that it is something that exists in newer versions of MT4 or is it just a typo? Your email address will not be published. June 22, By Rajandran Leave a Comment. June 15, By Rajandran 8 Comments. June 6, By Rajandran 5 Comments.

May 5, By Rajandran 1 Comment. April 26, By Rajandran 5 Comments. October metastock data convert to metatrader, By Rajandran 6 Comments. May 16, Glossary trading stocks terms Rajandran 8 Comments.

What happens when bollinger bands converge 14, By Rajandran 5 Comments. November 13, By Rajandran 3 Comments.

February 7, By Rajandran 19 Comments. About Contact Us Terms and Conditions Privacy Policy Support Policy Disclaimer. Data and information is provided for informational purposes only, and is not intended for trading purposes. Menu Mentorship Training Premium Intraday signals Live Signals MCX Signals Partners.

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Comments tanmay says December 4, at Rajendra sir, i want to metatrader 5 mcx live charts. Hi, Post tick Data is not able to apply on the chart there is some error. Can MT4 Customer Indicators work on ODIN DIET Platform… Please help me on this…. Hi Rajendren, Do u have a good indicator to trade binery options in 1 m TF?

U may email me regrds, Jadish Sri Lanka. Hi Rajandran, I think the problem could be related to mt4 build which was released early February unknowingly to me which would explain why there would be problems and also why locations of files are a bit different.

But not sure why compiling would cause errors now… What do you think? Niraj, any idea what to substitute? I suppose the error is coming from the LogTickData that is not creating the file. Hello Rajendran sir, I am using your MCX supertrend indicator past 2 years. Please guide me sir. Hi, You cannot connect odin real time to MT4.

Hi, How to open the! Leave a Reply Cancel reply Your email address will not be published. Tools For Traders Marketcalls Android App MCX Signals Intraday Signals International Commodities OI Tracker Participation OI Your Broker Market Sentiment Analysis. Amibroker Updates Export Amibroker Database to Ninjatrader EOD or 1min ASCII format June 22, By Rajandran Leave a Comment Amibroker Technical Analysis Workshop — Chennai June 15, By Rajandran 8 Comments Expected Move Amibroker AFL Code June 6, By Rajandran 5 Comments Introduction to Backtesting a Trading System using Amibroker May 5, By Rajandran 1 Comment Kalman Filter and Unscented Kalman Filter AFL in Amibroker using Python ComServer April 26, By Rajandran 5 Comments.

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An investor could potentially lose all or more than the initial investment.

Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

All trades, patterns, charts, systems, etc. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account.

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