Tick Chart Indicator for MetaTrader 5 Download - Free - [TradingFinder]

The Tick Chart Indicator, one of the indicators in MetaTrader 5, facilitates the quick identification of short-term market fluctuations by displaying real-time price changes.
In markets with rapid price movements, having a tool capable of showing the smallest price movements plays a key role in trading.

Tick Chart Indicator Specifications

The information associated with this indicator is summarized in this table:

Indicator in an Uptrend

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 of candles and intense price fluctuations, the indicator identifies an uptrend, enabling traders to enter long positions after receiving necessary confirmations.

Indicator in a Downtrend

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

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

Tick Chart Indicator Settings

The image below shows the complete settings of this indicator:

• Bars: Calculates the number of candles to display in the oscillator (default: 1000);
• Theme: Sets the chart's background color.

Conclusion

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

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