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Re: Something interesting please post here (Metatrader)

bilbao, Sun Apr 16, 2017 5:14 am

Tick Chart

Shows the tick chart in a separate window, with Ask line. The three additional variations plot the Median, Typical and Weighted candle prices aswell.

The price lines can be used for support/resistance and to gauge the direction of movement, also for trading signals when the Bid line (red) crosses or bounces off them, as pictured below.

Median = High + Low /2

Typical = High + Low + Close / 3

Weighted = High + Low + Close + Close / 4

All four indicators shown in window…
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