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Tick History Collector – the expert gather history ticks in Strategy Tester for indicator Tick Chart.

 

Tick History Collector in Tester

 

Tick charts allow traders to gather information about market activity. You can see when the market is most active, and you can see when the market is barely moving. Tick chart keeps constant number of ticks per bar and with the indicator Energy Tick Volume provide an easy way of determining market volatility. Increased price movement and sudden slowdown with high energy tick volume can indicate turning points. Movement with low energy can indicate trend continuation. Very low energy - keep away from the market.

Tick History Collector in Tester - the expert is collecting history ticks in Strategy Tester for indicator Tick Chart, which allows you trading on volume tick charts. On created charts you can trade as on standard charts of MetaTrader, candles have proper dates and time according to candle creation. Tick Chart respects daily and weekly gaps on a chart, so you can clearly see where session started and where was closed (with gap instead of huge candles). For proper operations indicator Tick Chart, expert Tick Collector in Tester and the Energy Tick Volume need using the same folder TickHist in folder Files. Because in MT4 are two folders Files, one in MQL4 folder and second in Tester, so you need create symbolic link to one of them. The common folder "Files" allows you to automate chart updates. If all works properly it is automated process that allows update a few tick charts of the same symbol at once. You don’t need copy files to their specific folders and initiate the indicators. How to easily create common folder TickHist with free program Symlink Creator you can learn from the video below. Tick History Collector in Tester is a free EA that works only with the indicator Tick Chart.

Settings of Strategy Tester

  • Expert Advisor - Tick History Collector in Tester_db.ex4
  • Symbol - symbol needed to be update.
  • Model - every tick (the most precise method...)
  • Use date - unchecked
  • Visual mode - unchecked
  • Period - M1
  • Spread - any
  • Optimization - unchecked

Advantages

  • You can easily create any interval tick chart.
  • You can create many different tick charts of the same symbol.
  • Bars on tick chart have proper date and time according to their creations.
  • You can trade on tick chart like on standard chart.
  • You ca use indicator Energy Tick Volume that helps estimate price action, as candle timer shows current spread , as background current bar energy, remaining tics and ATR.
  • At one time expert Tick Collector can automatically update all charts of the same symbol.
  • Together with charts are updated indicators ETV.

 

Video below shows successful updating of the three tick charts.  

 

 

If you identify any bugs or if you have any questions or suggestions feel free to let me know. Feedback are most welcome.