Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Real-time Chart Indicator Download for MetaTrader 5 - Free | Forex Indicator Download - MT4/MT5 Resource

author EAcpu | 5 reads | 0 comments |

The Tick Chart Indicator , one of the MetaTrader 5 indicators , helps quickly identify short-term market fluctuations by displaying real-time price changes .
In markets where prices move rapidly, having tools that can show the smallest price movement plays a key role in trading.

Tick ​​Chart Indicator Specifications

The following table summarizes the information related to this indicator:

Indicator categories: Oscillator MT5 Indicator
MT5 Volatility Indicator Trading Aid MT5 Indicator
Platforms: MetaTrader 5 Indicators
Trading Skills: Intermediate
Indicator Types: Leading MT5 Indicators
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Intraday MT5 Indicators
Trading Tools: Forex MT5 Indicators Cryptocurrency MT5 Indicators Stocks MT5 Indicators Stocks MT5 Indicators

Indicator Overview

The Tick Volume Oscillator (Tick Volume Oscillator) is one of the most effective tools among MetaTrader 5 Oscillators .

This indicator shows volume fluctuations using different averaging methods such as SMA, EMA, and SMMA .

Traders can customize indicator settings according to their strategies, adjusting moving average type and selecting histogram mode for better visualization.

Indicators are in an upward trend

In the 1-minute timeframe of the AUD/CHF currency pair, the indicator displays real-time price changes and allows precise tracking of price movements.

By observing the continuous growth candles and violent price movements, this indicator determines the uptrend , allowing traders to enter long positions after receiving the necessary confirmations.

Indicator in an Uptrend
AUD/CHF currency pair 1 minute chart

Indicators are in a downward trend

On the price chart of Dogecoin (DOGE) , the indicator shows real-time price changes , depicting the market's downtrend .

Using this indicator, traders can analyze consistent decline candles and price movements to better understand the direction of price movement and use it as a confirmation signal for short trades.

Indicator in a Downtrend
Dogecoin (DOGE) 1 Minute Chart

Tick ​​chart indicator settings

The image below shows the complete setup of this indicator:

Settings
Tick ​​chart indicator settings
  • Bars : Calculate the number of candles to be displayed in the oscillator (default: 1000 );
  • Theme : Set the background color of the chart.

Conclusion

The Tick Chart Indicator in MetaTrader 5 oscillator records real-time price changes , making it ideal for identifying short-term market fluctuations .

The yellow lines in this indicator reflect price changes in both upward and downward directions , helping traders determine the best entry (Entry) and exit (Exit) points after receiving the necessary confirmations.

(2)

📦 Download attachments/Download Files

Verification code Refresh