Spread indicator

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Spread indicator

Postby Alexander.Gettinger » Mon Dec 19, 2011 8:45 pm

The indicator shows the value of spread for the open prices of each candle.
The indicator has a signal line.

Spread.png


Download:
Spread.lua
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The indicator was revised and updated
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Re: Spread indicator

Postby Jeffreyvnlk » Wed Oct 31, 2012 1:09 pm

Could you explain the theory behind that.Thanks
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Re: Spread indicator

Postby Apprentice » Thu Nov 01, 2012 2:59 am

Indicator shows the difference between the bid and ask price.
Spread depends on the liquidity of a particular currency pair.
Higher liquidity, lower spread and vice versa.
You can try to take advantage of a temporary imbalance in it,
And try Spread Trade.
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Re: Spread indicator

Postby Apprentice » Mon Apr 17, 2017 7:08 am

Indicator was revised and updated.
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