Spread Info

Spread Info



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Spread Info
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Returns various data about securities listed in the "Market Watch" window.
double   MarketInfo (
    string             symbol ,      // symbol
    int                type          // information type
   );
[in]  Request identifier that defines the type of information to be returned. Can be any of values of request identifiers.
Returns various data about securities listed in the "Market Watch" window. A part of information about the current security is stored in predefined variables .
    double  vbid    =  MarketInfo ( "EURUSD", MODE_BID );
    double  vask    =  MarketInfo ( "EURUSD" , MODE_ASK );
    double  vpoint  =  MarketInfo ( "EURUSD" , MODE_POINT );
    int     vdigits = ( int ) MarketInfo ( "EURUSD" , MODE_DIGITS );
    int     vspread = ( int ) MarketInfo ( "EURUSD" , MODE_SPREAD );

Download the ' Info Spread ' Technical Indicator for MetaTrader 4 in...
MarketInfo - Market Info - MQL4 Reference
Spread Indicator (MT4) - Displays Spread ... | FXSSI - Forex Sentiment Board
spread information — с английского на русский
Rest parameters and spread syntax
The indicator monitors the value of the spread on each tick and warns of its widening.


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Learn basic Sentiment Strategy Setups
There are several types of trading costs, among them we have: the commission for opening a transaction, swap cost and, of course,  the spread . And if the value of the first two depends exclusively on the selected broker, then the spread can be controlled.
This indicator was created for the purpose of monitoring the value of the current spread.
It is common for a trader to open a trade and see a loss that is much higher than usual. This is a result of spread widening.
The Spread.Warner indicator will help to avoid such situations by warning you in time about an abnormal spread value.
Your task, having seen the warning signal from the indicator, is to not open a trade at the moment, but to wait for the spread value to normalize.
There are several typical situations when this indicator will be extremely useful to you.
Situation #1 . You are expecting a speech by the President of the ECB and are planning to open a long trade. After waiting for the right moment, you enter the market and see that the trade has opened at a price that is not even on the chart.
The problem is that at the time of the speech, the spread has greatly increased. And since the BUY is made at the ASK price, and the chart is based on the BID price, we see that the trade opened at a price that was allegedly not there.

Situation #2 . Suppose you are used to trade the EUR/USD currency pair and at the time of opening a transaction you know that the loss caused by the difference between the BID and ASK is $10 per 1 lot. And then at some point you decide to open a trade on EUR/AUD, but unfortunately, instead of the usual $10, you see a loss of $37.
The problem is that you have not controlled the spread for the EUR/AUD currency pair or perhaps your broker does not have very favorable trading conditions for this pair.
Situation #3 . You are trading breakout strategies. Seeing that the price comes to an important level and is about to break through it, you open a trade. Again, the loss at the time of opening the transaction exceeds the standard.
The problem is that during the breakdown volatility increases and, as a result, liquidity decreases. And low liquidity means 100% widened spread.
In addition, indicator can be configured in such a way that it will absolutely not occupy space on the chart and you will see it only at the moment of spread expansion.
This type of indicator does not need a lot of settings, but you will probably want to customize some things for yourself.
4 stages of the spread value . The indicator determines the spread deviation from the normal value and color indicates the deviation value:
Buffer Length – this is the number of bars in the histogram displaying the spread.
Collect Spread – draw a new bar at the moment of changing the spread value or for each tick.
Indicator Position – setting the default position of the indicator panel
Color Scheme – chose the color scheme or its automatic determination.
Follow the instructions below to install the Indicator to your MT4 terminal:
If you have any difficulties while installing the indicator, please view the detailed instruction .

IE Pashkevich A.G.
TIN 503227185281
PSRNSP 317502400021247

Leveraged trading in foreign currency carries a high level of risks and may not be suitable to everyone.
We do not imply or guarantee that you will make a profit and you agree that our team will not be held responsible for your possible losses.

We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading.

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