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Indicators

Spread Lines - indicator for MetaTrader 4

file45 | English Русский
Views:
43753
Rating:
(29)
Published:
2015.02.23 10:42
Updated:
2016.11.22 07:32
Download as ZIP, How to download code from MetaEditor
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The indicator supports two functions:

  1. Spread Ask and Bid line customization (style *, thickness) 
  2. Second Broker spread comparison ** - see indicator Input for instruction.
Regards below images:
  • The top image shows customization of spread Ask & Bid lines.
  • The bottom image shows second Broker spread comparison (second Broker spread - chart spread, 8 - 5 = 3 points spread adjustment). The comparison is relative and is an addition or subtraction padding of the chart Ask Line.
* dependent on Chart on foreground. ** dependent on Show Ask.

Note: This indicator will automatically set → Chart on foreground and Show Ask: Chart on foreground and Show Ask can be toggled on/off from the indicator Inputs window.

Spread Lines indicator

Spread Lines indicator

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