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Experts

Average Pip Movement based on Tick And Seconds - expert for MetaTrader 4

Rajeev
Published by:
Rajeev Ranjan Sharma
Views:
2687
Rating:
(1)
Published:
2025.04.02 12:24
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This Expert Advisor (EA) analyzes market movement by calculating the average pip movement per tick and the average spread over a user-defined number of ticks ( MAX_TICKS ). It also evaluates the average pip movement and spread over a specified time interval ( CHECK_SECONDS ).

The EA dynamically tracks price changes and spread values, printing the results in the terminal and displaying them on the chart using the Comment() function. This helps traders gauge market volatility and spread fluctuations in real time.


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