Keep an Eye on Motion
Tick chart keeps constant number of ticks (aka volume according to the MT4 vocabulary) per bar. The bars plot faster during high volatility periods and slower during low trading activity, in which way they resemble range bars. On the other hand they do not hide high volume price movement in a narrow range.
Installation Guide and First Steps
Watch the video to learn how to install and use the tick chart.
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Unique Features
What are additional features of Ovo offline generators?
- the generator is an indicator rather than a script or EA, which makes it more comfortable for deployment
- input setting is adjustable from multiple places: from the input dialogue, or from the entry box of an indicator sub-window, or from the offline chart using additional indicators (Omnia Remote, Omnia Auto Range). Settings on the offline chart makes the range switching as flexible as switching between timeframes.
- safe timeframe switching of the feed chart (no need for sacrificing the feed chart for a single timeframe)
- generator can detect and optionally break chart into trading sessions
- generator uses all available timeframes for the initial model, and it is not bound to a single selected timeframe
- when starting up, the indicator selects the chart starting anchor from the user-defined chart candles count
- a single indicator can serve multiple identical offline charts (a single chart ID in multiple windows)
- detects significant drop-outs in feed and rebuilds the offline chart after the feed updates
- displays consistent candle tick volume calibrated to regular timeframes, so you may rely on the tick volume in your analysis and EAs
- guards for a change of the feed server, so it updates the chart if you switch between accounts
- works properly with symbols having MQL unfriendly names (like “EURUSD..”, i.e. trailing double dot in the name)
- reports unexpected time gaps in the MT4 history, reports inconsistencies between symbol timeframes
- excludes phantom (no volume) ticks
- fixes incorrect input for a non-trivial instrument tick size
- can decrease chart refresh rate on demand
- indicator development is still open, you may expect fast fixes for new Metatrader builds
nice universal chart generating indicator,will try and test it if found useful for my trading surely buy it.
does the constant chart software have a “tick countdown” so it is possible to see where the bar is close to closing
Hello Martin, OmniaRemote indicator displays remaining tick volume to bar close.
Thanks Milan, I see that now. I dont seem to have the omnia auto volume indicator downloaded, how do I get it
Thank you
Hello Martin, proceed to the download page http://ovo.cz/products/
I would just like to thank Milan for his great customer support, the inclusion of the 4 digit option enabling pipette free candles , in-line with Bob Volman’s Price Action trading method has increased visual recognition of tradeable setups, and of course profits. It will enable traders to fully capitalise on a great scalping method using competitive brokerage spreads and avoiding the costs of proprietry trading systems (Ninja. protrader, Multicharts). the entry price for successfull PA scalping just became affordable. I wish you every success Pho
Hi. Can I create 12 second chart with this?
Sure, any timeframe with a single second resolution.
Mind that the sub-minute chart precision depends on tick recordings, and a linear interpolation appears for intervals where the indicator was not running for the particular symbol.
Hi, can the indicator create 2min, 3min…10min timeframe type charts, and 10tick, 20tick,… 100tick type charts?
Is there a max no/limit of charts it can open at one time? Tks.
No, the tick chart cannot create 2 minute candles. Take a look at the FlexiBar indicator.
There is a limit of 99 open charts in the MT4 terminal.
Hi Sir,
Can I have 5 or more different Tick_size candle charts running at same time?
Can the MT4 terminal or Tick Chart indicator able to support that?
Tks.
No idea if you can, but the terminal definitively can open 99 charts. A single feed chart may host multiple generators, so you may run more than 50 tick charts concurrently.
Hi sir, sorry my bad. You have already answered question on max no of opens (include Tick_charts). Just in case I misread, pls correct me. Tks.
Hi, what happen if I have to use the tick chart indicator in more than 3 windows user accounts? Thanks
You probably talk about the license multiplicity. Nothing happens if you try to enter the license on the additional computer, the script remains in the trial mode.
Thanks for the prompt response. Another question, how can I open several graphs with different number of ticks?
You have to deploy multiple indicators to the feed chart.
Thank you Milan. I know that the omniaremote indicator counts with a count of remaining ticks for the formation of a new candle. Is there a way to add an alarm to not be in front of the monitor?
İ DİD EVERYTHİNG but it keeps saying can not create offline chart please help me
Hello kursat, what are the error messages in the Experts tab?
TickBar EURUSD,M1: ERROR: Hst file AppData\Roaming\MetaQuotes\Terminal\0A89B723E9501DAD3F2D5CB4F27EBDAB\history\\EURUSD239.hst could not be created.
2017.06.15 17:10:59.521 TickBar EURUSD,M1: ERROR: Chart failed to initialize
2017.06.15 17:10:59.521 TickBar EURUSD,M1: Alert: Indicator cannot create this offline chart. Try to set other ‘Offline ID’ in the indicator input, and optionally restart MT4 terminal.
I tried on different mt4s btw. Thanks
Could you download and try the current version 210.016?
I actually using last one. It still saying somehow M239 and Indıcator cannot create chart
I actually using last one. It still saying somehow M239 and Indıcator cannot create chart
In mt5 tick charts will work or it will work only on mt4
In MT5 there are no offline charts available so far.
Hi Milan seems thay have Custom charts now though 🙂 might be time for an update 🙂
Life time support is best)))
Guys is there any answer how to avoid this f***ing
2017.12.06 17:32:41.215 OmniaBar USDCHF,M15: Output TF not set properly. Forcing value 239. Please fix the input next time to avoid accidental loss of the offline chart
2017.12.06 17:32:42.797 OmniaBar USDCHF,M15: Alert: Indicator cannot create this offline chart. Try to set other ‘Offline ID’ in the indicator input, and optionally restart MT4 terminal.
It happens when Windows profile name contains specific unicode characters. MT4 inserts incorrect values in its path variables, which probably originates in different code pages before the unicode implementation and after it, because MT5 does not contain this problem. The 100% remedy is creating Windows profile name using ASCII characters exclusively.
Please make tick/volume bars available for mt5 which has the option for using real volume. I know offline charts arent available but people are using subwindows (for renko, etc) . . . Thanks!
Hello my friend. Does the tick chart display HLC bars if I want? Can I load custom indicators on it? thanks!
It can display only the MT4 default charts – OHLC candles, OHLC bars and a C line.
how many tick charts i can open at a time?
and do i need to set tick charts daily?
for example
i need 150 500 and 1500 tick chart of 6 pairs
i need to open 18 charts daily? or i can close mt4 and all tick chart will be updated automatically?
please guide
Hello munish, there is a technical limit of total 99 charts for MT4.
The indicator detects most of the the events which may have impact on the chart, and the chart gets refreshed every time there is such event.
You needn’t to fix charts manually, even if there were connection drop-outs, you may swap accounts and brokers, change timeframes on the feed chart.
However, the tick charts do not have defined the exact reference starting point, so the refreshed chart may have a shift in phase.
Hi Milan,
i’m trying to load the tick chart onto one of my terminals ….but the following is happening ..can you please let me know on how to resolve this error
2019.04.18 10:05:08.369 Custom indicator TickBar EURUSD,M1: removed
2019.04.18 10:05:08.369 TickBar EURUSD,M1: uninit reason 8
2019.04.18 10:05:08.369 TickBar EURUSD,M1: not initialized
2019.04.18 10:05:08.369 TickBar EURUSD,M1: unresolved import function call
2019.04.18 10:05:08.369 Cannot call ‘Kernel32.dll::FindFirstFileW’, ‘Kernel32.dll’ is not loaded
2019.04.18 10:05:08.353 Cannot load ‘C:\Users\hp\AppData\Roaming\MetaQuotes\Terminal\A2C8CAB2B29F0E4F3E1F398E31DB985C\MQL4\Libraries\Kernel32.dll’ [127]
2019.04.18 10:04:40.557 Custom indicator TickBar EURUSD,M1: loaded successfully
Hello Ram, remove Kernel32.dll from your libraries folder. It is a system file and shall be loaded from your system path.
thanks Milan ..that was a quick fix
Downloaded your indicator and added it to my Insta Broker chart but nothing happens…no indicator….is the indicator updated to work with the latest MT4 build?
It is compatible with all supported MT4 builds.
Hi there Milan. Can I add custom indicators to your tick chart? For example, I have bought the Weis Wave and Wave Volume indicators for MT4, I need them to work on the tick charts.
Also, as a request for a next update, can you include a time histogram indicator for the tick chart (and for the point and figure chart and renko too), so we can see how long it took for each bar (or column or brick) to form? Thanks
You may add any indicator, which is not limited to particular timeframes. You might use the trial period to find out whether that indicator works fine or not.
A simple ‘time histogram’ gets usually spoiled by the ‘market closed’ intervals, which generate very long columns and suppress the rest of the histogram.
Thanks for replying! I see, but isn’t there a way to solve this problem? The indicator can be coded to stop counting time when the market closes on friday, and then it starts the counting again on sunday.
Another way of solving this problem, which might be better than using market close and opening times, is just adding an input to the indicator called “Max Time” or something where you can tell the indicator the ceiling it will reach. Tick charts are used mainly for intraday trading so, if you tell it to not plot a histogram bar higher than 2 or 3 hours, for example, then it would not dwarf the others. What do you think? Just a simple input to tell the indicator the maximum height of the histogram.
It is rather complicated for a simple indicator, and not intuitive. I keep avoiding indicators, which need assistance for the input entries. And even with this goal in a mind I am spending more time on support than development.
Myself I am using the reciprocal histogram, i.e. speed, which is fine with tick charts, though it suffers from fast movements in the other chart types (ranged-candle charts).
Hello Milan, thanks for replying. I see… Well, If I end up buying your tick chart, would you be willing to make available the time histogram at least for me? Could be a freelance or something. If you think it is a problem telling the indicator it’s maximum ceiling, this is what you could do: hard code a ceiling of 5 hours. I have checked some charts here using 45000 ticks per bar, I can see that it has an average of 6 to 10 bars per day so, roughly each bar took between 2.5 hours and 4 hours to complete. I don’t see the need of using higher tick charts than this. So if you hard code the time counter histogram with 5 hours ceiling, then it is more than enough to solve the problem of gigantic bars during market close, and still give a little room for the histogram.
Hi there my friend, still waiting your reply for the question above ^^^.
Also, is it possible to add a feature that shows the percentage of ticks complete in a bar (for example, if it is near 100% then you know the bar is almost complete)? Or a tick countdown?
Yes, it is possible to show the percentage, it is just a current volume compared to the max volume.
The tick-dowm counter is integrated into the OmniaRemote indicator.
Hi – Milan
Is it possible to back test with the created tick chart?
If possible, please tell me how!
Unfortunately I did not create any FXT script for this type so far. And testing with the Offline Test Helper script has no performance fidelity, it only helps to verify the mechanics of the EA..
I was gonna ask something similar. I have been using FXBlue trading simulator (it is an EA that uses MT4 backtester engine), and I was wondering if your tick chart is gonna work there. I have downloaded high quality tick data from dukascopy and converted to MT4 format. If your tick chart works, then it will be possible to create good tick chart historical data, correct? I wanted to be able to see at least 3 years of tick chart data.
Hello Alberto, this indicator cannot work in the tester, as in the tester it has no access to other timeframes of the symbol.
Hi there my friend. I see, but the simulator generates offline charts in all timeframes if you want, that keep in sync with the main simulation timeframe. Isn´t just a matter of opening a M1 offline chart generated by the simulator, and then loading your indicator on it? Does your tick chart generator only start working when we launch it, or it plots historical data too?
I wanted to be able to go far back in time and study the tick charts and the indicators loaded on it…
Waiting for the reply of the previous two comments…
Hello Alberto, tester cannot access other timeframes.
Hi there Milan. Yes, but the simulator generates offline charts (1M, 5M, 15M etc..) they keep updating in sync with the main simulation. Wouldn´t the tick chart generator work on those charts?
When we load your tick chart generator on a regular live chart, does it print how much history? Or it only starts printing the tick chart when it´s loaded? I have one tick chart generator here that I need to leave the whole night running if I wanna have something to work with. If I turn MT4 then it is all gone, it does not save history (nor loads on history).
I ended up downloading the demo, didn´t wanna do it cause I didn´t wanna waste demo period, but I can see you can choose how long the history you want, that is good. Also, It is working in the simulator, not in the main chart of the backtester, but on the offline charts generated by it. Only problem is that I can´t go maximum speed or MT4 freezes.
Being able to use it in high speed and see the chart building I noticed that sometimes it repaints, is that normal? More than a couple of times I saw the last 8 or 10 bars disappear and then form another configuration or a longer bar.
Also, there are some indicators that are not plotting historically, only from the moment you load them on the tick chart, whereas on the time based chart it loads historically. I would like to send you the indicator so you can have a look at it. it is a buying/selling pressure indicator kind works like the delta.
Thank You!
Can 10 years of 10 tick data be used as an offline tester?
Currently no, unfortunately.
A feature you could implement in this indi is adding the possibility of telling the time interval for plotting. For example, trading futures, I like to see only the daily session, so the chart would start 9:30 eastern time and finish at 16:15.
It there FXT Builted for Tick Chart? I would like to generate MT4 chart using TDS Tick Data for longer period. How can I do it for tick chart?
I sent an email to you, do you lost it? no problem, I write it again.
greetings
what I expect is a time independent tick chart with x-ticks per bar or candle and these indicators onto the tick chart:
1. MACD, BB, ADR : attention for ADR-7-days; it is the average of the daily range values of the LAST 7 days used for today and calculated from daily chart;
2. are coloured x-tick-chart candles possible?
– green candles or bars, if MACD is >0 and >macd-signal-value,
– red ones for MACD <0 and <macd-signal-value
– gray candles for all others
3. is it possible to use it in MT5
4. after purchasing do I have update possibilities for debuged versions?
5. can I do a bank transfer directly to you?
thanks, Erich
Are there any plans to develop an FXT builder for tick charts?
Are there any plans to support MT5 in the future?
Thanks,
Ash
+10000 for the post above, I too would like to see the tick chart generator for MT5. Is this planned or will never happen?
Well, it is planned. However I am very hesitating, as far as the functionality cannot be the same as in MT4. I mean – MT5 adds functionality for a custom symbol rather than a custom timeframe. This makes things very confusing for the trtader, as he cannot deploy trading EA or trade directly from such chart.
Hi , any update on tick chart generator for MT5?
Dear,
I’ m testing tick chart. I’m satisfied and I would like to take it, but I have a problem that I have not well identified. after a certain number of bars it resets and restarts. why? I think I have set the indicator correctly, but it always happens. is the trial version that has these limitations? if yes … I immediately sign the license.
Thank you.
Cristiano
The generator restarts calculation when conditions change, either caused by your activity (you changed the chart parameters) or by the feed quality change (some timeframe fetched missing candles or the tick feed dropped out for a while). There is no difference between the licensed and trial versions.
There is no vai to collect previuos calculation and ensamble them? I work whit SP500 by IG, and i want to collect 30-50 tick each bar but sometimes the graph is reset randomy (i think due for the data feed is quite no good. I like this application .
Hi,
When i put the indicator on chart and force to have 4 digits instead of five digits, there is a problem of repaint bars. Can you please clarify me ?
The feed is 5 digits, but i prefer see the market without the “pipettes”
Thanks
The ticks are rounded to the nearest level, so there may be different distance between the ticks, both higher or lower.
Hi Milan,
Do you have the same product for MT5 platform? Tickcharts and Flexibars, I love your products and they work, that is why I am asking.
Have a nice day
Dobrý den Milane,
jeden rychlý dotaz, k čemu přesně slouží to tlačícko SESS. Vyzkoušel jsem a zjistil jsem, že se jednotlivé svíce po zapnutí vykreslují jinak.
Je lepší mít to vypnuté nebo zapnuté (co více odpovídá realitě, kterou vidí i ostatní tradeři).
Díky za vysvětlení
Lukáš
Hi Milan
I have previously bought the tick bar indicator. I am using it all day long. Is it possible to assign a shortcut / hotkey to the tick chart value, instead of clicking with a mouse to double or half the amounts of ticks?
Kind regards
Stefan
You can assign shorcuts to start a script in MT4. So you may send the Omnia commands listed in the “Developers Corner” from such a script.
Hi there,
I’m intrested in buying a couple of your scripts for mt4 like the tick chart generator but i was wondering if your tick chart generator is compatible with most comercial EA’s? i know for sure that on mtt5 it won’t work because it cant read custom symbols.
Thanks in advance.
Hi MIlan,
I purchased the omnia key and Copied the license key in to the activation box.
whenever I load the tick chart it says valid until 7th of February.
Hi, great indicator i test it atm but have question ? This is tick indicator or volume indicator ?