Attachments: % Spread Indicator

% Spread Indicator

#1
First Post: May 6, 2021 9:05am May 6, 2021 9:05am

Redeflect
Joined Feb 2017 | Status: Trader | 1,365 Posts

I'm looking for an indicator that displays the spread as a percentage of the current price. Doesn't need to be CPU intensive and adjust on every tick. I just need something that will easily display the relative cost as a matter of convenience.

It shouldn't take more than a few minutes to code; I just haven't done any MT4 coding so it would take me quite a bit longer to handle myself.

Any coders up to the task or similar indicators would be appreciated. Thank you gentlemen.

(P.S. an option to calibrate an alert based on the change in the spread would be a bonus... a spread 'fisher' if you will)

"The fun is in the hunt. Not the kill."

#2
Edited 4:08am May 9, 2021 3:58am | Edited 4:08am

Pipa1
Joined May 2021 | Status: Trader | 424 Posts

Quoting Redeflect

Disliked

I'm looking for an indicator that displays the spread as a percentage of the current price. Doesn't need to be CPU intensive and adjust on every tick. I just need something that will easily display the relative cost as a matter of convenience. It shouldn't take more than a few minutes to code; I just haven't done any MT4 coding so it would take me quite a bit longer to handle myself. Any coders up to the task or similar indicators would be appreciated. Thank you gentlemen. (P.S. an option to calibrate an alert based on the change in the spread would...

Ignored

double spreadPercentage=(Ask-Bid)/Bid * 100;The spread in the pic looks big now since the market is closed and the spread is 16.1 pips for GBPUSD.It's updating every tick but the CPU won't notice a code like this one