About the Show Ticks on Forex Chart Indicator
The Show Ticks on Forex Chart indicator for MT4 is a practical solution for those who require more detail than what a standard candlestick can provide.
While a candle shows the open, high, low, and close, it often hides the aggressive fluctuations that occur within its formation.
The Show Ticks on Forex Chart indicator for Metatrader 4 shows the up/down ticks in real-time on the main trading window.
This real-time data is essential for scalpers and high-frequency traders who rely on “tape reading” to gauge the strength of a move.
The indicator works for any broker and is highly optimized to handle fast data feeds.
It serves as a great companion for anyone looking to increase their precision when entering or exiting the market during active sessions.
Free Download
Download the “Shownticks.mq4” indicator for MT4
Key Features
- It provides instantaneous visual feedback for every single price movement on the chart.
- The indicator uses a simple arrow system to distinguish between bullish and bearish ticks.
- It helps traders identify “exhaustion” or “absorption” by watching tick frequency at key levels.
- The interface is discreet, ensuring that the arrows do not clutter the main price action.
Indicator Chart
The Show Ticks on Forex Chart indicator chart features small, color-coded arrows that appear near the current price line.
A white arrow represents an uptick, indicating a buy transaction occurred at a higher price than the previous tick.
A red arrow signifies a downtick, showing a sell transaction at a lower price.
By watching the ratio of white to red arrows, a trader can visually see which side is currently pushing the market harder.
Guide to Trade with Show Ticks on Forex Chart Indicator
Trading with this tool involves using micro-momentum to confirm that the market is moving in your favor at the exact moment of execution.
Buy Rules
- Monitor your chart for a cluster of white arrows appearing near a support zone.
- Identify a white arrow as an uptick confirming that buyers are stepping in.
- Open a buy trade when the frequency of white arrows increases significantly.
- Ensure the main candle structure supports a bullish move before clicking the buy button.
Sell Rules
- Watch for a series of red arrows to manifest at a resistance level or previous peak.
- Identify a red arrow as a downtick confirming that sellers are taking control.
- Open a sell trade when red arrows begin to outnumber white arrows in rapid succession.
- Verify the signal by checking for a bearish rejection pattern on your current timeframe.
Stop Loss
- Secure your position by placing the stop loss a few pips away from the recent swing low for buy orders.
- For sell trades, position your stop loss slightly above the most recent swing high.
- Consider the current tick volatility to give your trade enough room to breathe.
- Always stick to a disciplined risk-to-reward ratio to ensure long-term account growth.
Take Profit
- Exit the trade if you see a sudden influx of arrows in the opposite direction.
- Target a fixed profit level based on the next major horizontal support or resistance.
- Lock in gains when the tick activity starts to slow down significantly near a target.
- Alternatively, use a trailing stop to capture a larger move if the tick momentum remains strong.
Show Ticks Indicator + Flat Trend RSI Forex Day Trading Strategy
This day-trading setup combines precision tick activity with real-time momentum confirmation using the Show Ticks on Forex Chart Indicator MT4 and the Flat Trend RSI Indicator for Forex MT4.
Together, they provide a fast and accurate method for intraday traders who want to capture short bursts of movement in active markets.
The Show Ticks indicator displays upticks and downticks directly on the main chart window — white arrows for upticks and red arrows for downticks.
This gives traders a real-time sense of market activity and order flow.
The Flat Trend RSI indicator confirms trend direction with its color-coded histogram: blue for bullish momentum and red for bearish pressure.
When combined, these indicators help traders confirm entries using both tick activity and price strength.
This strategy is best applied to M1, M5, or M15 charts, especially during high-volume sessions like the London and New York overlaps.
It works well on fast-moving pairs such as EURUSD, GBPJPY, and XAUUSD (gold).
Buy Entry Rules
- Wait for the Flat Trend RSI histogram to turn blue, confirming bullish momentum.
- Watch for a sequence of white uptick arrows appearing on the main chart from the Show Ticks indicator.
- Once at least three consecutive white arrows appear with the blue histogram active, open a buy position.
- Set a stop loss just below the recent swing low or 10–15 pips, depending on volatility.
- Take profit after 20–30 pips or when the histogram turns red.
Sell Entry Rules
- Wait for the Flat Trend RSI histogram to turn red, signaling bearish momentum.
- Watch for a sequence of red downtick arrows on the Show Ticks indicator.
- Once at least three consecutive red arrows appear with the red histogram active, open a sell position.
- Place a stop loss just above the recent swing high or 10–15 pips.
- Take profit after 20–30 pips or when the histogram turns blue.
Advantages
- Provides immediate tick-based confirmation for fast and precise entries.
- Combines order flow visualization with RSI momentum for better accuracy.
- Ideal for scalpers and intraday traders looking for short, frequent trades.
- Works well across volatile pairs with consistent activity.
- Easy to follow visually with clear blue and red signals.
Drawbacks
- Requires active monitoring; signals form quickly and fade fast.
- False signals may occur during ranging or low-volume periods.
- Tick data updates rapidly, which can overwhelm new traders.
- Not suitable for traders who prefer longer-term setups or automated trading.
- Spread and execution delays can affect performance on very short time frames.
Case Study 1: GBPJPY M5 – London Open
At 08:10 server time, the Flat Trend RSI turned blue, confirming bullish momentum.
Shortly after, the Show Ticks indicator displayed three consecutive white uptick arrows as GBPJPY pushed upward.
A buy trade was entered at 190.80 with a 12-pip stop loss.
By 08:45, the price reached 191.10 for a 30-pip profit.
This setup captured the early-session surge with perfect alignment between momentum and tick flow.
Case Study 2: XAUUSD M1 – New York Session
At 14:20, gold started showing strong selling pressure.
The Flat Trend RSI histogram flipped red, and four red downtick arrows appeared consecutively on the chart.
A sell trade was executed at 2435.00 with a 15-pip stop loss.
Within 10 minutes, the price dropped to 2430.50, yielding a 45-pip gain.
This quick scalp trade demonstrated how real-time tick data can enhance timing in volatile instruments.
Strategy Tips
- Trade only during the most active sessions to ensure strong tick movement.
- Avoid entering trades when the market is flat or when uptick/downtick arrows alternate frequently.
- Use a consistent risk-to-reward ratio (at least 1:1.5) to maintain profitability.
- Backtest different pairs to find those with consistent tick flow and low spreads.
Download Now
Download the “Shownticks.mq4” indicator for Metatrader 4
FAQ
How is this different from a standard 1-minute chart?
While a 1-minute chart shows the result of 60 seconds of trading, the Show Ticks indicator shows you what is happening every second.
You can see if a candle moved up because of one large jump or several small, consistent buying ticks.
This level of detail helps you see “behind the scenes” of the price action, which is invaluable for identifying the start of a momentum break before the candle actually closes.
Does this indicator work on the daily chart?
Yes, it will show the real-time ticks regardless of the timeframe you are viewing.
However, it is most popular on M1 and M5 charts because that is where micro-momentum has the most impact on trade timing.
On a daily chart, the arrows will still show you the current live activity, but they will not provide much insight into the long-term trend of the day.
Will having too many arrows on the chart be distracting?
The indicator is designed to be as clean as possible, only showing the most recent activity.
You can usually adjust the settings to control how many arrows stay on the screen or their size.
This allows you to benefit from the tick data without losing sight of the underlying candlestick patterns that are also important for your strategy.
Summary
The Show Ticks for MT4 is an effective technical tool that assists in determining the appropriate timing for market entries by revealing the internal flow of price.
By highlighting every uptick and downtick, it helps you avoid “catching a falling knife” and ensures you enter when the momentum is truly on your side.
This tool helps traders maintain a disciplined routine by focusing on confirmed price movement rather than anticipation.
Using this indicator allows you to filter high-risk trades where the price is moving without real conviction.
