Hi all, can someone explain the benefits of trading forex (day trading / scalping strategy) on a tick chart vs say a 1 min, 5 of even 15min time chart?
Where can a tick chart be viewed as I can’t see it on tradingview for example?
Lastly do you analyse it in the same way as you would a time chart?
Let me know if this isn’t the correct place to post
From what I read recently, ticks are just numbers of transactions, without information of their size, so a transaction of one lot and a transaction of 100 lots are both the same one tick. Is this helpful for you?
Tradingview is a trading platform, I think, not a data feed or a broker? Whether you can see the number of ticks depends on where the information comes from not on the software you use to display it.
Possibly not the right forum? This forum is for spot forex. Spot forex does not have real tick data because there is no exchange to record ticks from, so tick numbers from a broker will tell you of the number of transactions from this broker only. Not from any market. This is all the information the broker can have so it is all he can give to you. I think that nobody will trade from this information?
I don’t think TV offers this but this might be of help?