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  #1 (permalink)  
Old 10-02-2006, 05:57 PM
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Volume Indicator
Apparently, it is not impossible to have a volume indicator for Forex.

http://video.google.ca/videoplay?doc...39832417484315

Alternatively, the indicator can count the number of ticks per bar to give an approximation of activity.

Does anyone have a similar indicator?
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Old 10-02-2006, 06:31 PM
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The volume indicator comes standard on Meta Trader sofware, it is not accurate due to not being able to measure the size of the trades causing the ticks.
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Old 10-02-2006, 06:52 PM
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Quote:
Originally Posted by hidethereal
The volume indicator comes standard on Meta Trader sofware, it is not accurate due to not being able to measure the size of the trades causing the ticks.
Yes, i agree. The standard metatrader volume indicator is not accurate. In addition, forex isn't centralized, so there is no one real price at any moment in time.

However, having a tick count indicator for each bar would be useful in determining activity levels.
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Old 10-02-2006, 07:15 PM
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Quote:
Originally Posted by moldem
Yes, i agree. The standard metatrader volume indicator is not accurate. In addition, forex isn't centralized, so there is no one real price at any moment in time.

However, having a tick count indicator for each bar would be useful in determining activity levels.
I wrote this indicator to count ticks. It will give you tick count for every minute. It help when u see high number of ticks per minute. Maybe it help you
Attached Files
File Type: mq4 TicksPerMinute.mq4 (2.1 KB, 138 views)
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Old 10-02-2006, 07:18 PM
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Quote:
Originally Posted by moldem
Yes, i agree. The standard metatrader volume indicator is not accurate. In addition, forex isn't centralized, so there is no one real price at any moment in time.

However, having a tick count indicator for each bar would be useful in determining activity levels.
will this help. i use this on my e mini charts.

ENJOY!

fxcruiser
Attached Files
File Type: ex4 Tick_on_Chart.ex4 (2.9 KB, 149 views)
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Old 10-02-2006, 08:34 PM
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Thanks guys
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Old 10-02-2006, 08:42 PM
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Does anyone know how to display each indicator's values seperately?

For example, running the 'clock' indicator and 'tick' indicator, one will always overwrite the other. Is there a way to print them one after another?

Also, does the tick indicator allow for other timeframe periods other than m1?
Last edited by moldem; 10-02-2006 at 08:48 PM.
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Old 10-02-2006, 09:00 PM
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Quote:
Originally Posted by moldem
Does anyone know how to display each indicator's values seperately?

For example, running the 'clock' indicator and 'tick' indicator, one will always overwrite the other. Is there a way to print them one after another?

Also, does the tick indicator allow for other timeframe periods other than m1?
use this version. u can change the timeframe of the ticks
Attached Files
File Type: mq4 TicksPerMinute.mq4 (2.1 KB, 211 views)
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Old 10-02-2006, 09:07 PM
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Thanks, this version is great.

Do you know if it possible to specify output text location?
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