Purpose

The Libreticks Lite indicator visually displays the following symbol parameters (including details on every tick) in the metaTrader 4 value: 

• Bid and Ask prices
• Spread
• Volume

The indicator features:

• Indicator chart scale 1:1, 1:2, 1:5, 1:25.
• A grid of horizontal levels.
• Display of bar (candlestick) borders.
• Display of values for the current instrument, on which chart the indicator is running, as well as values of instruments from a predefined set.

More features are available in the Prof version:

• Display of an additional indicator of a Moving Averages type for price and spread indication.
• Generation and display of buy and sell signals.
• Display of values of an additional instrument in the same window.
• Display of difference between the price and spread values of the two instruments.

Description of setup parameters

The indicator contains the following customizable parameters:

• Set Identifier – a string value for identifying the saved settings.
• Number of displayed ticks – the maximum number of ticks displayed in the indicator.
• Displayed parameter – the display mode (price, volume and spread).
• Displayed instrument – the displayed instrument (currency pair).
• Number of candles border – the number of lines showing the borders of candlesticks (bars).
• Scale – 1:1, 1:2, 1:5, 1:25.

Description of the on-screen interface of the indicator

The indicator has the following elements of the on-screen interface:

An information line (1):

«1 LiBRETiCKS v1.012 2015.11.25 16:16:25 EURUSD 1:2 PRICE 1.058715 1.058830»

Where:

• 1 is the number of the indicator subwindow on the current chart;
• LiBRETiCKS – the indicator name;
• v1.012 – the indicator version;
• 2015.11.25 16:16:25 – the current server time;
• EURUSD – the name of teh displayed financial instrument;
• 1:2 – the indicator scale;
• PRICE  – the indicator display mode;
• 1.058715 1.058830 – the current indicator values.

Lines:

• 2 – the level of the indicator values.
• 3 – a value line of the indicator.
• 4 – bar (candlestick) opening border, the number of the bar and open time.