• Overview
  • Reviews (1)
  • Comments (2)

Max Spread Monitor

Description:

This Free Indicator will allow you to monitor the Max/Min spread in a bar/candle.

By running it 24h/24h will allow you to recognize which period of time having maximum spread, based on that you will understand the market more, and could develop/improve to have better trading strategy.


Parameters:

  • limit: <specify the limit of spread, above which the indicator will mark the price, at which high spread occurs>


Note:

  • Beside the price marked due to high spread above, the indicator also will mark the price with the highest spread, which occurred within that bar.
  • Orchid color price mark: the initial high spread (above the limit) in a bar
  • Red color price mark: the highest spread in a bar.


Enjoy using it!

P/s: also please try my EA at: https://www.mql5.com/en/market/product/47220

I will upload more reliable and profitable EAs in the future soon.

Tks


Reviews 1
Rios Su
248
Rios Su 2021.01.24 23:21 
 

A useful tool to understand the spread, I like the feature that it marks the spread on the chart, very easy to understand where the spread becomes huge in the chart!!

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You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
75 USD
Best Currency Strength Indicator
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Tumelo Rakotsoane
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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Currency Relative Strength
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Ziheng Zhuang
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  This indicator needs the data of all 28 paris and 9 timeframes. Use the EA Downloadhistory28&9 to download data automatically. --> https://www.mql5.com/en/blogs/post/728216 Reference for calling it in EA :  https://www.mql5.com/en/blogs/post/730961 Inputs  (full scre
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Higher High Higher Close Lower Low Lower Close
Higher High Higher Close Lower Low Lower Close
Mark Flint
The HHHC-LLLC indicator uses candle by candle analysis, based on the principle of trend confirmation from Higher High, Higher Close candles (bullish) and Lower Low, Lower Close candles (bearish). There is no lag, no re-painting, and averaging is not used. HHHC-LLLC helps confirm: market structure and levels - look left to see them line up trends, pullbacks & reversals Bull moves (blue), Bear moves (red) Structure Zig Zags (black dotted lines), for summarizing market moves exhaustion and stalling
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MTrendingEAv2
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CHU HAI HA Chu Hai
Specification: - Trend trading only on GBPCAD . - EA run using H1 (1 hour) and D1 (daily) timeframes only (so don't worry about strategy tester modelling quality, because of using H1/D1 is enough) . - Each trade opened with pre-determined Stop loss and Take profit. - Having trailing stop. - Based on fixed risk per trade/position (default is 5% of account free margin), then: Expecting net profit is about 60%/year ; Maximum drawdown is only 11% for the whole period (4 years testing). - Medi
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Rios Su
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Rios Su 2021.01.24 23:21 
 

A useful tool to understand the spread, I like the feature that it marks the spread on the chart, very easy to understand where the spread becomes huge in the chart!!

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