Spread and Strategie

 

All,


As the spread evolves all the time ( please see the code to check this on manual mode)


newspread=(Ask-Bid)*10;

if (spread!=newspread)
{Alert("the spread has changed from", spread," to ",newspread);}

spread=(Ask-Bid)*10;


I would like to know if some people have elaborate som idea and code to take into account the value of the spread on the order definition ( ST and TP ) and also with the qualities of the signal ( strong or week) ?


Many Thanks


UKALGO

 

All my range trading EA's check the projected range height against the current spread before opening an order, checking for a minimum profit number of pips (net of spread)

The breakouts and trenders would usually be going for bigger TPs and at low-spread times of day, so doesnt seen relevant

FWIW

-BB-