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Spread indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=10150
Forum: 17 · Topic 10150 · 4 post(s)


Spread indicator

Alexander.Gettinger · Mon Dec 19, 2011 8:45 pm

The indicator shows the value of spread for the open prices of each candle. The indicator has a signal line.

Spread.png

Download:

Spread.lua

The indicator was revised and updated


Re: Spread indicator

Jeffreyvnlk · Wed Oct 31, 2012 1:09 pm

Could you explain the theory behind that.Thanks


Re: Spread indicator

Apprentice · Thu Nov 01, 2012 2:59 am

Indicator shows the difference between the bid and ask price. Spread depends on the liquidity of a particular currency pair. Higher liquidity, lower spread and vice versa. You can try to take advantage of a temporary imbalance in it, And try Spread Trade.


Re: Spread indicator

Apprentice · Mon Apr 17, 2017 7:08 am

Indicator was revised and updated.