Understand Spread and Market Speed with This MT4 Indicator

Mike 2016.02.17 17:52 49 0 0
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The trading spread is a key factor to consider when making your trades. This handy indicator for MetaTrader 4 not only tracks the spread but also provides insights into its moving average (EMA), maximum and minimum values, and ticks per second, which reflects market speed. You can find this information in the Comment section of your MT4 platform.

Version 1.01 of this indicator uses a normal average instead of the moving average, giving you a different perspective on your trading environment.

Spread Indicator Example

Market Speed Illustration

inputint     digi=1;//digits formatinputint     sec=30;//seconds to refreshinputbool    clear=false;//if true, clears comment after closing indicator
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