Current spread and swap monitor - page 4

Indianamac
3
Indianamac  

Broker spread history

Here is a link to a site that shows the spread history of IBFX, FXCM UK,Alpari UK


Just to give you an idea of how the spreads can increase.There is also a link to a broker spread history indicator.

xx3xxx
1754
xx3xxx  

will the DIG of the tool shown

a possible ENTRY after the spike occur??

kingpi
8
kingpi  

help on spread monitor

I found this spread monitor ii from this forum.. thanks to that.

Figures

A: latest high price

B: latest low price

C: spread(distance between red and white lines)

D: current bid/ask price(since it's 4 digits, can't handle 5 digits shown E)

E: 5 figure bid/ask price(spread)

Anyone can help 2 things...

1. change 4 digits to 5 digits

2. change A and B to latest highest/lowest spreads

looking like this below

--------------------------------- 2.2

--------------------------------- 0.9

two lines(Figure C) goes inside these two dotted lines above

Thanks for any help.

Files:
aaa.jpg  143 kb
egyptsoul
3
egyptsoul  
ktxtraffic:
I found this spread monitor ii from this forum.. thanks to that.

Figures

A: latest high price

B: latest low price

C: spread(distance between red and white lines)

D: current bid/ask price(since it's 4 digits, can't handle 5 digits shown E)

E: 5 figure bid/ask price(spread)

Anyone can help 2 things...

1. change 4 digits to 5 digits

2. change A and B to latest highest/lowest spreads

looking like this below

--------------------------------- 2.2

--------------------------------- 0.9

two lines(Figure C) goes inside these two dotted lines above

Thanks for any help.

I know it's very old thread but here's your request anyway

himnoor
100
himnoor  
egyptsoul:
I know it's very old thread but here's your request anyway

hi egyptsoul,

can you add another historical line for diff. between ask and bid like (ask 1.61801 bid 1.61792 diff.=.9 pip)

thx

Sergey Golubev
Moderator
123411
Sergey Golubev  

Spread


The forum

  • spreadometer_v2.01 indicator fixed version - the post.
  • Spread recording fail - the thread with the indicator (fixing bug thread).
  • Spread and StopLoss indicator with alert - the thread 
  • Tools to monitor spread and swap - the thread with many good tools
  • Spread monitoring and show leverage tools - the thread 
  • FunIndicator indicator - the thread (monitor spread, swap etc for many pairs in one window).
  • Meh Spread Indicator thread 

The articles

CodeBase

============

Forex_Spread_Meter
Forex_Spread_Meter
  • www.mql5.com
MetaTrader 5 indicator that displays the spread meter on the chart.
dw888
199
dw888  

Anyone know if there's an EA which logs daily swap (ie logs each day's swap so you can see if changes over time or even if the broker changes it without warning)?

Thanks in advance

Alain Verleyen
42598
dw888:

Anyone know if there's an EA which logs daily swap (ie logs each day's swap so you can see if changes over time or even if the broker changes it without warning)?

Thanks in advance

Please don't double post.
Sergey Golubev
Moderator
123411
Sergey Golubev  

ind Spread - indicator for MetaTrader 5

ind Spread - indicator for MetaTrader 5

The indicator shows the spread on the current instrument
You can move the label with the mouse anywhere on the screen.

Color settings and text size in options
The indicator is created in two versions on MT5 and MT4

Sergey Golubev
Moderator
123411
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

How to start with MetaTrader and forex, the beginning

Sergey Golubev, 2021.09.08 07:18

Bid/Ask spread analysis in MetaTrader 5 

Bid/Ask spread analysis in MetaTrader 5



If you don't use Limit or Stop orders for both trade entry and exit then you will use market orders and of course these depend on the size of the Bid/Ask spread to determine what prices you receive.

When you hit the buy button, you actually buy at the ASK price which is a spread size above the bid price that you probably used to decide to buy.

When you hit the sell button, you actually sell at the BID price which is a spread size below the ask price.

Of course when you hit the close button to close a position that you had previously bought, you actually sell at the current BID price.

And the reverse is true, when you hit the close button to close a position that you had previously shorted, you actually buy back or cover at the current ASK price.

Now we can use tick data from MetaTrader 5 to analyze what the historic true average Bid/Ask spread actually have recently been.

You shouldn't need to look at the current spread because that is available if you show both bid and ask price lines.