Tick Data

I can’t find any good articles on it so I figured I’d as here. Why is it useful? I think I know what it it. It’s a measurement of price but not using time just using when it moves up or down. And I think if you open up the place order screen in mt4 it’s there on the left. So what can you do with it and how does it help? Why is it useful?

just my opinion - - not useful; don’t waste your time.

maybe it is useful for scalpers but personally I think that tick chart in MT4 open order window is kinda useless

Nope not useful.

Ditto but doesn’t necessarily mean you should discount it if you feel it’s useful