Average True Ticks MT4
This indicator works on M1 timeframe and displays 2 lines:
- The amount of points, that the price went up, divided into The amount of ticks, that the price went up (turquoise).
- The amount of points, that the price went down, divided into The amount of ticks, that the price went down (orange).
All basic data is displayed in the upper left corner of the chart in the form of a comment.
Keep in mind that the amount of points is greater than or equal to the sum of ticks.
Of course, ATT indicator calculates all ticks only in the forward direction, starting from the date of placement of the indicator on the chart.
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