YnP Tick Power MT5

The indicator shows a histogram of tick activity. Tick Power takes into consideration the number of ticks received for the selected short periods of time, as well as their direction. Thus, the indicator shows the mood currently prevailing in the market, and also allows you to use flash teak activity. Since this indicator is not based on an analysis of the candles, and receive data in real time from the ticks - it will not work properly in the strategy tester. This is most useful indicator in conjunction with YnP Price Power MT5. Both indicators allow the use of the flash market activity for scalping and obtain information about the market and notification of major market changes.

This version is designed for MetaTrader 5. Version of MetaTrader 4 can be found here.

The indicator refers to a series of high-quality software products YnP.

Capabilities

changing display of real-time histogram ticks

display of power movement (in a quantity of ticks in a certain way)

support of the indicator through the function iCustom

nominally configurable display styles

applicable to all currency pairs and other instruments, including CFD

is applicable for any timeframe

is not applicable to the Strategy Tester

Options

price Mode - price regime. This parameter specifies the histogram ticks built at what price. The default price Bid.

Period - width histogram (in seconds). The choice of time period for which scanned tics. By default, the histogram shows the tics for the last 3 seconds.

Precision - the accuracy of the histogram (in bars). The choice of how many segments divided between the histogram of time. By default, the histogram is divided into 120 parts, ie, It shows one bar count of ticks for 0,025 seconds.

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