Lightweight Spread Indicator
- Indicadores
- Prasad Fidelis Dsa
- Versão: 1.0
This is a simple and lightweight indicator that displays the live spread of the trading instrument on the top left corner of the screen. It is built to be lightweight, performant and react to real time price feed with near-zero latency.
The spread is the difference between the Ask and Bid price of the trading instrument. This is the cost that the user needs to pay for immediate execution. It is crucial to know and track the spread to be aware of costs involved. In the standard accounts, the spread is the only cost you have to pay, making this an extremely valuable tool for intelligent traders.
Just attach the indicator to the chart and the it will automatically calculate and display the spread, no further settings needed.
Enjoy and check out my other EAs https://www.mql5.com/en/users/prasaddsa
Thank You.
