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Tick Thermometer

Developer: FXCM

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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.

Overall Settings:

  • Lock: Enable/Disable changes to thermometer settings
  • Lock Type: Number of pips above the current price to draw the boxes upper line.
  • Height: The height of Tick Thermometers in pixels.
  • Absolute/Relative: Absolute compares the volatility of all selected pairs and time frames.  Relative compares the volatility of an individual currency pair against historical price data.

Individual Thermometer Settings:

  • Use This TimeFrame: Turn on/off this individual thermometer
  • Instrument: Select which trading instrument will be tracked by this thermometer
  • TimeFrame: Select a timeframe which will control the range of values by which the ticks will be measured.  Selecting a longer time frame will increase the upper limit of the scale.
Risk Disclaimer

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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