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Building, analyzing, and trading on real tick charts in MetaTrader 5

Did you ever think that MetaTrader's standard Tick Graph is a bit defective? It displays only a limited number of ticks (up to 2000, I think), it's small and unscrollable, and it's in many other ways different to normal charts. Hence users can not analyse and use ticks in the same manner as they do with bars. Just to remind you, here is an example of the tick graph:

Tick graph in MetaTrader 5 Market Watch

I'm not a scalper, but I always wondered why ticks are not presented as normal charts, especially in MetaTrader 5, especially after real ticks support introduction. Some traders may think ticks are just small and fast noise, while the others prefer to take some profits on them. There is always a variety of approaches, and there is no reason why MetaTrader should favour ones over the others. After all, MetaTrader 5 is advertised as a platform for High Frequency Trading. So is it possible to handle ticks in the usual way: display in regular charts, scale, apply indicators and templates,



This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

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Building, analyzing, and trading on real tick charts in MetaTrader 5

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