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Currency Spread Calculator Plus

Currency Spread Calculator Plus

This indicator is created with the aim of letting the Traders know the exact points of the spread on the currency pair they are about to buy or sell. What makes it a PLUS is that Symbol/Time frame Changer is coded with this indicator to make it easier navigating from one currency pair to another and one time frame to another on the same chart window without having to open tens of chart window in order to study more currency pairs. It saves time, energy, stress and CPU's space for the traders.

This will safe them of paying exorbitant spread over a single currency pair procurement. Imagine a normal spread become wider from 2 or 3 pips to 15pips or more when there is volatility in the market. It is absolutely outrageous looking for just 20 pips and paying another 20 pips as spread over a currency pair!

Actually, this cannot prevent the widening of the spread but at least, it will adequately inform the traders ahead so you will know what you are getting into. So if you can bear it, you can go ahead and place the order but if not, you have saved yourself the agony of paying more than you are earning for the Brokers.

In a nutshell, it helps the traders to make an informed decision about the order a trader is about to place. Since many traders do not bother themselves about this but begin to wonder what happened to their trade that their Take profit was not closed despite the fact that the PRICE (bid) reached and even went beyond their target point?

When the spread become widened beyond normal, it is good to stay our of the market but if you can bear it, well, there is no harm in that but can you continue paying your Broker more than you are paying yourself and bad enough, to your own trade detriment?

Remember that your target point may not get hit before the price reversed due to exorbitant spread. I believe it is not fair!

That is why this indicator is created for timely information on spread, it works on all instruments and irrespective of the Broker your are using.

You can customize it with any color your desire due to the color formation of your chart and its background.

Cheers.


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PTS - Buscador de Compras por Divergencia de Precision Trading Systems El Buscador de Divergencias de Precisión fue diseñado para encontrar los mínimos del mercado con una precisión milimétrica y lo hace con frecuencia. En el análisis técnico, la habilidad de identificar mínimos generalmente es mucho más fácil que identificar máximos, y este elemento está diseñado precisamente para esa tarea. Después de identificar una divergencia alcista, es prudente esperar a que la tendencia se vuelva al
El Indicador de Venta PTS Divergence Finder de Roger Medcalf - Precision Trading Systems. Este indicador solo proporciona indicaciones bajistas - de venta. En primer lugar, muchas veces me han preguntado por qué no proporcioné un indicador de divergencia de venta mientras proporcionaba felizmente un buscador de divergencias de señal de compra durante muchos años. Di la respuesta de que las divergencias de venta son menos confiables que las divergencias de compra, lo cual sigue siendo cierto. Se
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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Versión 1.1 2020.04.16
Newly Updated Version 1.1

* The codes were re-written to give constant updates to spread as it is either increasing or decreasing visually

More updates to come according to the Users' experiences and comments

Cheers