The word "tick" means the minimal change of the trading instrument quotation. It does not take into account neither the price direction, nor the time, during which this change occurred, nor the number of passed points.on ticks? What is it, can it allow the algorithm to make money?
Working on ticks allows you to earn a lot, even on small market movements. I made sure of that from my own experience.on ticks? What is it, can it allow the algorithm to make money?
+ 1Working on ticks allows you to earn a lot, even on small market movements. I made sure of that from my own experience.
It allows to increase a small deposit up to the necessary amount of money in the shortest time period.
What are the risks?
As everywhere else, there are risks, but there is only one rule, do not overestimate the lot.
The word "tick" means the minimal change of the trading instrument quotation. It does not take into account neither the price direction, nor the time, during which this change occurred, nor the number of passed points.
All that is important is the fact of price movement as a result of conclusion of the transaction on the market. The picture on the tick chart allows the trader to track the events that occur at a given moment in time.
To see the tick chart you should open the "Market Watch" window in your MetaTrader 4 or MetaTrader 5 platform, right-click on the desired instrument and select "Tick Chart"
Well, thank you for the information. For me it's just extremely unusual, when working with advisors... I will do a comparative analysis using different timeframes on different accounts....Working on ticks allows you to earn a lot, even on small market movements. I made sure of that from my own experience.
It allows to increase a small deposit up to the necessary amount of money in the shortest time period.
What are the risks?
As everywhere else, there are risks, but there is only one rule, do not overestimate the lot.