i've read a couple posts about tic charts on this thread.
tic charts take into consideration price/time/and kind of rate of ascension. you would have to dissect the true rate of ascension by judging tic height. i believe a 3 dimensional chart showing this data would be superior. i believe a coder could create an overlay on the candle chart to show more candles or thicker candles when price is ascending faster.
if you simply want a tic chart that you can change from 1-1000 tics per candle you can look into topgun software. i've used it. when you look at a tic chart which 23 and 144 are very common you see a smooth flow of price vs the time compressions we see on MT4. the benefits are that you see more market sentiment. you can see the big green candles that you would not see on a 5min compression. this shows very clearly that banks are buying. this is why i want to include rate of ascension in the 3d charting. if there is a coder here that is willing to extract rate of ascension from the tick chart on MT4 and create an overlay on the candle chart to show 3 dimensionally wider candles based on ascension i'll pay for it. this data would be great to have and to see true sentiment.
tic charts take into consideration price/time/and kind of rate of ascension. you would have to dissect the true rate of ascension by judging tic height. i believe a 3 dimensional chart showing this data would be superior. i believe a coder could create an overlay on the candle chart to show more candles or thicker candles when price is ascending faster.
if you simply want a tic chart that you can change from 1-1000 tics per candle you can look into topgun software. i've used it. when you look at a tic chart which 23 and 144 are very common you see a smooth flow of price vs the time compressions we see on MT4. the benefits are that you see more market sentiment. you can see the big green candles that you would not see on a 5min compression. this shows very clearly that banks are buying. this is why i want to include rate of ascension in the 3d charting. if there is a coder here that is willing to extract rate of ascension from the tick chart on MT4 and create an overlay on the candle chart to show 3 dimensionally wider candles based on ascension i'll pay for it. this data would be great to have and to see true sentiment.
It really is that easy.