• Overview
  • Reviews
  • Comments

Average Spread

For those who like to know exactly what is going at their broker, this tool will not only display a real-time updated version of the average spread (grey histogram), but also an average deviation for both Bid and Ask prices (Red lines and Blue lines). This shows you what is happening during times of high volatility and will allow you to tune your trading strategies to suit your broker's behavior.

During high volatility, the spread will often increase - this indicator shows you exactly what is happening, and how.

There is a parameter Smoothing Samples which controls the number of samples used in building the averages used in this indicator.

Please note this indicator will not work in the strategy tester, it requires live data.
No reviews