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First, I will own the copyright for the code, with the option to distribute and sell the Indicator and the code files. I will receive the Indicator and the code files. I will receive the code files and Indicators both for MT4 and MT5.
ALL the features below have the option to toggle on or off in the indicator inputs.
The GUI colors and text sizes can be adjusted (default black on white background) The indicator line colors and thickness can be adjusted (default blue and mustard yellow lines).
1. The indicator must show leverage for currently selected symbol in chart window, it must also show multiple leverages if that changes with lot sizes.
- It must ALSO show the overall account leverage and current account leverage, so you can see the difference between the account leverage and the specific symbol leverage.
- It should also have the option to toggle which of the four sets of leverage information is displayed in the GUI and which not.
- This information should be neatly written on a GUI at the top left of the screen. e.g.
Overall Account Leverage: 1:500
Current Account Leverage 1:200
Overall [Current Symbol, e.g. GBPUSD] Leverage: <1 lot - 1:100 | >1 lot - 1:50
Current [Current Symbol e.g. GBPUSD] Leverage: <1 lot - 1:50 | >1 lot - 1:25
- This GUI must have a button to minimize it and user must be able to drag to the desired place on the chart.
2. The indicator must show the current spread and historical average spread for the symbol in the chart.
- This information is also written in the same GUI mentioned above, e.g.
Current Spread: 16 | Average Historic Spread: 18
- NB the indicator must ALSO show the historic spread over time ON THE CHART, with the option to switch it on or off. Rough example:
Configurable options for the historic spread:
- Choose between average spread or max spread for the given timeframe in the chart, e.g. 1 min, 15 min or 1 hour.
- The indicator records the spread for every tick as the chart updates with live data.
- The indicator has the option to download historic tick data for custom period (default last quarter), and to display that on the chart as well.
- There is an option to show the historic spread on the main chart shown above, and/or on a separate indicator window below the chart.
- If it is in a separate window, it simply shows the spread in points with a simple line chart, but on the main chart it shows the high of the bid price and the low of the ask price.