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PanicButton

01/25/11 8:30 AM

#3255 RE: Sidney #3254

Hi Sid, I had a similar experience with Ninja Trader, check out ToS for tick charts. If you're a MACD, MA type trader, I think you'll like 'em.

ryanmnly

01/25/11 7:15 PM

#3256 RE: Sidney #3254

I felt that way when I started using Metatrader, but it got easier pretty quick. I'll work on it and let you know how it goes.

As for reading the tick charts, it's pretty easy. The bars are not calculated based on time, they are calculated based on ticks. So if you use a 400 tick chart, it creates a new bar every 400 trades. The idea behind it is that every bar will give you the sample size you are looking for and allow your indicators to be more accurate.

Visually, it looks and reads the same as a normal chart.