Tick Frequency Indicator for MT5

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Tick Frequency Indicator for MT5

Postby logicgate » Sun May 23, 2021 6:28 am

Hi there dear friend Apprentice.

I bumped into this indicator here called iBar - Tick Frequency, I was not able to download it because this sites requires you to register and trade with them in order to download their "free" indicators (yeah right).

I was wondering if you can reverse engineer this for MT5 only by using the description information?

"The indicator plots a histogram of quotes accelerations for each bar of the trading instrument and shows when quotes come faster than in the previous period."

Image
Attachments
ibar.jpg
logicgate
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Re: Tick Frequency Indicator for MT5

Postby Apprentice » Tue May 25, 2021 4:40 am

If the time from the previous to the current tick is smaller than for the previous tick?

Tick [0] - Tick [1] > Tick [1 - Tick [2]
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Re: Tick Frequency Indicator for MT5

Postby logicgate » Tue May 25, 2021 5:53 pm

Apprentice wrote:If the time from the previous to the current tick is smaller than for the previous tick?

Tick [0] - Tick [1] > Tick [1 - Tick [2]


I have no clue, but if you can match the image posted then it would be great.

Can you make it display like a histogram? The indicators you posted are not for MT5.
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Re: Tick Frequency Indicator for MT5

Postby Apprentice » Wed May 26, 2021 8:15 am

It is easier for me to work for TS2.
When you will be satisfied we can convert it to MT5
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Re: Tick Frequency Indicator for MT5

Postby logicgate » Wed May 26, 2021 5:52 pm

Apprentice wrote:It is easier for me to work for TS2.
When you will be satisfied we can convert it to MT5


Ok. Now following this same logic of this frequency indicator, can you come up with one which will measure the speed of the ask and bid being hit on MT5 DOM?
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Re: Tick Frequency Indicator for MT5

Postby Apprentice » Thu May 27, 2021 4:21 am

Your request is added to the development list.
Development reference 525.
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