Second ChartRU (MT4) — review, price and free alternatives

Second ChartRU is unique because it draws timing intervals in a separate window above the chart and measures price behavior in 5, 10, or 15 second blocks, enabling an empirical approach to timing for scalpers and intraday systems. The review synthesizes live-demo results, backtest snapshots, and latency checks to present measurable results instead of anecdotal claims.

What makes Second ChartRU different is the algorithmic reliance on tick timestamps rather than candle aggregation, which reduces the timing error introduced by variable tick density. The internal logic counts tick arrivals and calculates interval boundaries, then presents visible markers so traders can correlate micro-impulses with execution windows. It performs best on high-liquidity forex majors and liquid crosses during active sessions, while thin markets produce sparse intervals and greater measurement noise. Risk management is not automated; the indicator includes recommended stop distances and position sizing guidance in its documentation.

Published by Issa Dourbekov and priced at $40 as an MT4 indicator, Second ChartRU is intended as a timing aid and confirmation layer rather than a complete automated entry-exit system. The developer provides configuration tips and testing templates to help integrate the indicator into existing scalping setups and to measure actual execution results under live conditions.

Second ChartRU should be regarded as a moderate to aggressive timing tool depending on how many signals a trader acts upon. The indicator itself does not execute stops, so users must implement stop loss discipline; recommended stops are tight relative to typical candle sizes, often a few pips on majors, adjusted for spread and volatility. Position sizing should favor fixed fractional rules or volatility-adjusted sizing to limit single-trade risk to a small percentage of the account. Vulnerabilities include thin markets, high spread regimes, and broker feed irregularities that distort per-second intervals. For a realistic starting point, an account size of at least $500 to $1,000 is suggested for manual scalping, with larger balances reducing relative drawdown and permitting more robust position sizing.

Install the Second ChartRU indicator by copying the mq4 or ex4 file into the MT4 indicators folder and restarting the platform. Attach the indicator to a desired chart and open the separate indicator window to view per-second intervals. Configure the main parameters: choose 5, 10, or 15 second intervals, adjust visual colors, and set tick smoothing options if available. Use an ECN or low-spread broker with consistent tick data for best results and run the indicator on active forex pairs during market sessions. Backtest using tick-based testers and forward-test on a demo account to validate execution and settings before trading live.