G’day bro. Yes, IC Markets is my broker and I trade with MT4. But that does not mean you “have” to use their charting software for market analysis. I trade off MT4 but all I’m interested in is the buy and sell button. ProRealTime is independent trading software that Bob Volman uses for this base methodology and since my system is built around it I though I would use it. But I have a few issues with it. The two most important are a) there is a monthly subscription (which I’m happy to pay if I get what it is I need) but far more importantly there is a difference in price feeds and tick volume to that of IC Markets and that’s no good. So if searching for other charting software this is the biggest consideration.
Not to worry, I have found a pretty good alternate. Actually its damn impressive. Head here and chech out this charting software.
The absolute best part is it’s completely free and the data feed is very impressive and matches IC Markets to the point. It’s only flaw is that you can’t trade live from it. But it’s easy to see what the developers are doing over at Protrader — professional trading platform | PFSOFT . I’ve been using it for only a week but very very happy.
So welcome to price action on the tick charts. Not much is out there about tick charts so I thought I would get a thread started. Now, I’m still very much struggling with this style but so far so good. It’s certainly preformed better than anything else I’ve tried. What I have provide is hopefully the foundations one needs to get going trading this way. This is the exact method I trade live, one pair, one trade, once a day, every day. But here’s where I get to cop out. This methodology of PA on Ticks is purely subjected. What I see is slightly different to good friend Daxter1962 (if you haven’t watch his YouTube video link please do). And we both will see it slightly different to you. So at the end of the day you have to make your own trading plan. These fundamentals should get you going but.
Best of luck in your journey my friend, we all learning so feel free to ask on anything you like. We’ll try our damn-est to help out.
Bob