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Hello, anyone have an EA/Indicator or the Code to check spread VIA Market Watch window? So I can have it attached to one chart and have it check multiple currency pairs.
Thank you
Last edited by matrixebiz; 12-22-2008 at 06:13 PM.
Hello, anyone have an EA/Indicator or the Code to check spread VIA Market Watch window? So I can have it attached to one chart and have it check multiple currency pairs.
Thank you
I made this for you , not a big deal but it will do the job
you can rename the spread to spread1, spread2 , spread3 ... etc and on the
spread=MarketInfo(Symbol(),13);
you can change the Symbol() with the currency pair that you want and this will give you multi currency pairs
I made this for you , not a big deal but it will do the job
you can rename the spread to spread1, spread2 , spread3 ... etc and on the
spread=MarketInfo(Symbol(),13);
you can change the Symbol() with the currency pair that you want and this will give you multi currency pairs
Thanks man, I'll have a look.
I'm working on a mod of SpreadMonitor-Phat-.mq4 by mrtools to give me all 28 currency pairs. Very time consuming
Hello, as we all know, the Spread of any given pair constantly changes. Does it make any sense to initiate an order only when Spread is tight? How does the Spread actually affects our trades? Just trying to figure out how the Spread will make a difference whether to trade or not. I know it's the Difference between the Buying and Selling price but if I make an order when Spread is High then the Spread becomes Low how does this affect the condition of the trade?
Please explain the importance of the Spread, like if we make an order when the Spread is high but later on when we go to close the order and Spread is tight does it really matter? Hope I haven't confused you
Thank you
Last edited by matrixebiz; 12-30-2008 at 07:53 PM.
The importance of spread, and like any other thing during trading is all about the amount of risk, risk tolerance, dd you have.
Of course, all of these terms are relative to each person's personality, and traidng strategy.
So for the sake, we will the terms risk, risk tolerance, and dd to a person'a personality and trading strategy.
A nervous person won't like spreads because there will be inherently more risk, the person has less risk tolerence, and doesn't like dd.
A long-term swing trader, will or will not like spreads depending on his risk tolerance, shouldn't mind, but will dislike the risk, and will not mind dd.
Hii
i wanna have an indicator that will show me the text info of each bar
like if the bar is narrow spread.. say narrow/ if the bar is avg sparde will show avg or wide or UWIDE
anyone has any idea how to do it?
