Tick thermometer displays the volume of ticks for any time frame and currency pair.
This add-on allows traders to quickly determine which pairs have a large number of price changes over a given time period. A large number of price changes indicate a high number of trades. Currencies with a high number of trades could be headed for a breakout in price.
This indicator was developed on FXCodebase*.
This indicator allows you to customize both the overall settings and the five thermometers individually.
Individual Thermometer Settings:
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.
This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).
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