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Attachments: Spread indicator
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Spread indicator

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  • First Post: Sep 11, 2008 8:24am Sep 11, 2008 8:24am
Dear traders,

yesterday I was asked by a friend to code a very simple indicator just showing you the current spread in the upper left corner of the chart. So I did.

I am aware of the fact that there are indicators showing you all the MarketInfo including the spread but since this is way too much stuff on the chart it's not appropriate for our purpose.
Since you guys might be interested in this indicator, too I am posting it right here.

As usual, comments are welcome.
Attached File(s)
File Type: mq4 Igel-Spread.mq4   1 KB | 16,618 downloads
Thanks Tradeigel,
ive been looking for a simlpe spread indi like this for years
great, I am happy you like it
thanks tradeigel i'm going to try your indicator to, id find it very useful
The simplest solution is usually the best solution.
ha, i also made this type of indicator a couple weeks ago!
takes like a minute lol
Request custom Expert Advisor or Indicator: dostapyuk "at" gmail . com
I wrote this a while ago. You can turn the timeframe percentages on or off. The top line lists the ATR for the time frame you are on and the day's Range and the current Spread.

the Bid Ratio part lists the percent strength of each time frame
For example 50% would be a bid price right in the middle of the bar. 25% would be a bid price at 1/4 of the bar length and so on for each time frame. Blue means Up Bar, Yellow means Neutral Bar and Red means Down Bar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp bidratio.gif Size: 29 KB
Click to Enlarge Name: gbp bidratio2.gif Size: 26 KB
Attached File(s)
File Type: ex4 BidRatio.ex4   11 KB | 3,086 downloads
Hi Tradeigel, SmJones:

Many thanks for the contribution. Simple tools but most useful indeed.

Regards,

GF
Hi,

is it possible to change the indicators for brokers/currencies with 5 digits.

regards

Chris
The trend is your friend, unless itīs about to end Thomas DeMark
Quoting pipmaker
Hi,

is it possible to change the indicators for brokers/currencies with 5 digits.

regards

Chris
5 digits or any different digits makes no difference on mine as far as I can Tell, because I normalize the totals by deviding by Point.

If this is not correct, please post a screen shot of the error and I will adjust.
Hi smjones

I mean this >>>

http://www.arrangeur.com/fx/digit.jpg

Range should be 300 and the Spread 2.4

regards

Chris
The trend is your friend, unless itīs about to end Thomas DeMark
Quoting pipmaker
Hi smjones

I mean this >>>

http://www.arrangeur.com/fx/digit.jpg

Range should be 300 and the Spread 2.4

regards

Chris
Ah, Ok give me a minute and I will accommodate both.
Quoting pipmaker
Hi smjones

I mean this >>>

http://www.arrangeur.com/fx/digit.jpg

Range should be 300 and the Spread 2.4

regards

Chris
Could you give me a scrren shot of the Bidratio = true also? thanks
With Bidratio

http://www.arrangeur.com/fx/digit02.jpg

MT is from FxPro.
The trend is your friend, unless itīs about to end Thomas DeMark
This will work for any digit size broker
Attached File(s)
File Type: ex4 BidRatio 1.1.ex4   11 KB | 3,092 downloads
Quoting smjones
This will work for any digit size broker
Thanks.
The trend is your friend, unless itīs about to end Thomas DeMark
Hi smjones

An excellent indy. Couldn't find it for so long.

Because my charting is in white background, I can't see the display (which is in white), is there a way to change the display color to say black or blue?

TQ.
fxpips
Hi smjones

Can you lead me to find an indy displaying the number of pips "from MA plus spread" ?

I think one can set the MA e.g. 5 or 8. like the image attached.

TQ.
fxpip8
Attached Image
Quoting fxpip8
Hi smjones

An excellent indy. Couldn't find it for so long.

Because my charting is in white background, I can't see the display (which is in white), is there a way to change the display color to say black or blue?

TQ.
fxpips
OK now you can change it to any color you want.
Attached File(s)
File Type: ex4 BidRatio 1.2.ex4   11 KB | 3,065 downloads
Hi smjones

That's very fast. TQ

fxpip8
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