Rogue Tick Detector Indicator for MetaTrader 4 – Free Download [TradingFinder]

The Rogue Tick Detector Indicator is designed as a monitoring tool in the MetaTrader 4 platform to analyze incoming price tick streams and identify any anomalies in timing or price value.

This tool focuses on the structure of real-time price data, and instead of analyzing trends or chart patterns, it evaluates the price source and the micro-volatility delivery pattern.

Rogue ticks usually appear when a price arrives with an invalid timestamp or with an abnormal jump between two consecutive values. These ticks often lead to heavy requotes or negative price slippage during order execution.

Rogue Tick Detector Indicator Table

The general features of the Rogue Tick Detector Indicator are presented in the table below:

Rogue Tick Detector Indicator at a Glance

The Rogue Tick Detector functions by processing each new tick and comparing it to the last recorded valid tick.

If the tick timestamp does not match the expected price feed timing or if the price deviation exceeds the logical volatility threshold of the market, the indicator labels it as a “Rogue Tick” and issues an alert.

This mechanism can detect errors in tick delivery from the server or price feed inconsistencies between Liquidity Providers, and displays the anomaly using a red arrow.

The result is access to real price quality and awareness of execution risk.

Entry Signals in Rogue Tick Detector Indicator

The signals from the Rogue Tick Detector Indicator are based on detecting inconsistent ticks, not trend or pattern-based entry points; therefore, its use is not for direct trade entries but for evaluating the reliability of order execution.

The indicator issues alerts under the following conditions:

• A tick recorded with an invalid Timestamp;
• A tick recorded with an expired or out-of-sequence Timestamp;
• Abnormal price deviation between two consecutive ticks;
• Excessive spread between Bid and Ask upon receiving the tick;
• Sudden price jump in normal volatility conditions.

Rogue Tick Detector Indicator Settings

The image below shows the settings panel of the Rogue Tick Detector Indicator:

• PopupAlert: Display popup alert
• EmailAlert: Send alert via email
• EnableAuditTrailLogging: Display performance log records

Conclusion

The Rogue Tick Detector Indicator is a real-time price validation tool and plays a critical role in strategies that rely on precise entry execution.

This trading tool analyzes data not based on candles, but based on the smallest unit of price change: the tick.