TheRealPrice Spread Line Indicator MT5
- Indicatori
- Denis De Oliveira Ramos
- Versione: 3.0
- Attivazioni: 5
TheRealPrice v3.0 | Ultimate Spread & Ask Visualizer
TheRealPrice is a high-precision utility for MetaTrader 5 designed to expose the hidden cost of every trade: The Spread.
While standard charts only display the Bid price, professional traders know that buy orders and short-exits happen at the Ask price. TheRealPrice bridges this gap by drawing a dynamic, real-time horizontal line that tracks the exact Ask level, providing a clear visual representation of the current market spread.
Why do you need it?
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Visual Precision: See exactly where your Buy orders will be executed before you click.
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Avoid Spread Traps: Instantly identify spread spikes during high volatility, news events, or low-liquidity sessions (like the Asian open).
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Perfect for Scalpers: Essential for high-frequency trading where every pip counts. If the gap between the candle and the line is too wide, the trade isn't worth it.
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Transparency: Includes a real-time dashboard on the chart showing the spread in points (ticks) and the exact Ask value.
Key Features:
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Instant Update: Moves with every single tick for zero-lag precision.
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Ultra-Lightweight: Optimized code that won't lag your terminal, even on multiple charts.
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Fully Customizable: Adjust line color, width, and style (Solid, Dashed, Dotted) to match your trading template.
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Intuitive Dashboard: On-chart comment displays the live spread, making it easy to monitor broker performance.
How it works:
The indicator generates a specialized Horizontal Line object ( OBJ_HLINE ) that identifies the SYMBOL_ASK property. Unlike standard buffer-based indicators that create vertical artifacts during fast moves, TheRealPrice maintains a clean, horizontal profile at all times, ensuring professional-grade visual clarity.
"Don't trade blind. See the real price, protect your margin, and maximize your edge."
