Introduction to the Bid Ask Spread Indicator The Bid Ask Spread indicator is a useful gauge that displays the bid/ask spread in real-time for any currency pair. In the top right corner of the chart, you will see three values displayed. The green one is ask price, the red one is bid price, the orange…
Tag: spread indicators
News Alert Indicator
Introduction to the News Alert Indicator The News Alert Indicator warns us when there is a meaningful volatility change in the market spread. When the spread widens dangerously the News indicator will provide you with the corresponding message and you should avoid trading during that time. The warning appears in the new alerts window. Be…
MT4 Spread Indicator
Introduction to the MT4 Spread Indicator The Spread Indicator for MetaTrader 4 (MT4) is a useful forex tool that quickly allows you to get to know the current currency spread on the market. This is especially useful with non-fixed spread brokers, determining the current spread from looking a the 5-digits quotes can be an exhausting…