Spread Record Lite MT5
Using. Spread Record indicator shows the spread for each price bar as a bar graph. As the spread of values stored five variables:
- Spread Level at the opening of the bar;
- The maximum level of a spread made within the bar;
- The minimum level of a spread made within the bar;
- Spread level at the close bar;
- Middle level spread over bar (displayed as green points on the bar corresponding level).
This version of the indicator is free and is available for free use. It does not spread and stores the value in the case of a terminal indicator or display begins restarting spread level with the last bar. If you want to download previously received the story spreads, use version Spread Record Standart MT5. Distinctive features of the Lite version Standart are:
- Displays the maximum spread provided MetaTrader platform 5 in the form of red dots at appropriate levels to be displayed when the history is not stored value recorded either unavailable.
- Ability to save and load the history of the spread of the file, so that it becomes possible to build the history of spreads on every trading instrument.
In addition to information about the history of the spread in the form of price bars, Spread Record Lite MT5 provides a convenient cover for the visualization of the current level of spreads, revealing that you can easily control the spread of the current tool.
The practical use. Quite often, before the start of a strong movement spreads tend to expand. This widening of spreads precedes the start of a new trend and is an excellent signal to enter the market. In addition, many false movements are accompanied by the spontaneous expansion of the spread. Knowing this, we can construct a profitable trading system based on the identification of such false motion and subsequent trafficking against it. You can also enter the market only in those moments when the spread rate is near its lows. This will help to significantly reduce slippage and as a result, your costs.
Set Spread Record indicator on the minute chart of any instrument and just watch. After some time, you will definitely see an interesting spread fluctuations preceding the strong movements in the market and other interesting signals from indicators that are easy to use in trade.
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