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Currency Spread Calculator Plus

Currency Spread Calculator Plus

This indicator is created with the aim of letting the Traders know the exact points of the spread on the currency pair they are about to buy or sell. What makes it a PLUS is that Symbol/Time frame Changer is coded with this indicator to make it easier navigating from one currency pair to another and one time frame to another on the same chart window without having to open tens of chart window in order to study more currency pairs. It saves time, energy, stress and CPU's space for the traders.

This will safe them of paying exorbitant spread over a single currency pair procurement. Imagine a normal spread become wider from 2 or 3 pips to 15pips or more when there is volatility in the market. It is absolutely outrageous looking for just 20 pips and paying another 20 pips as spread over a currency pair!

Actually, this cannot prevent the widening of the spread but at least, it will adequately inform the traders ahead so you will know what you are getting into. So if you can bear it, you can go ahead and place the order but if not, you have saved yourself the agony of paying more than you are earning for the Brokers.

In a nutshell, it helps the traders to make an informed decision about the order a trader is about to place. Since many traders do not bother themselves about this but begin to wonder what happened to their trade that their Take profit was not closed despite the fact that the PRICE (bid) reached and even went beyond their target point?

When the spread become widened beyond normal, it is good to stay our of the market but if you can bear it, well, there is no harm in that but can you continue paying your Broker more than you are paying yourself and bad enough, to your own trade detriment?

Remember that your target point may not get hit before the price reversed due to exorbitant spread. I believe it is not fair!

That is why this indicator is created for timely information on spread, it works on all instruments and irrespective of the Broker your are using.

You can customize it with any color your desire due to the color formation of your chart and its background.

Cheers.


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4.84 (63)
Indikatoren
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
Indikatoren
Stärke von 8 Währungen plus EIN EXOTISCHES Paar oder Rohstoffe oder Indexe! Jedes Produkt kann als 9. Linie hinzugefügt werden. Fügen Sie Rohstoffe, Indexes oder exotische Währungen hinzu (Gold, Silber, Öl, DAX, US30, MXN, TRY, CNH ...). Eine neue noch nie dagewesene TRADING STRATEGIE  !!! Dieser Indikator ist einzigartig, weil wir eine Reihe von proprietäre Funktionen und neue Formeln eingebaut haben. Es funktioniert für alle Zeitrahmen. Basierend auf neuen zugrunde liegenden Algorithmen ist
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Marzena Maria Szmit
5 (2)
Indikatoren
The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
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Georgios Kalomoiropoulos
4.83 (23)
Indikatoren
Automatisierte Angebots- und Nachfragezonen der nächsten Generation. Neuer und innovativer Algorithmus, der bei jedem Diagramm funktioniert. Alle Zonen werden dynamisch entsprechend der Preisbewegung des Marktes erstellt. ZWEI ARTEN VON WARNUNGEN --> 1) WENN DER PREIS EINE ZONE ERREICHT 2) WENN EINE NEUE ZONE BILDET WIRD Sie erhalten keinen weiteren nutzlosen Indikator. Sie erhalten eine vollständige Handelsstrategie mit nachgewiesenen Ergebnissen.     Neue Eigenschaften:    
RealValueIndicator EURUSD
KERT RAEBOVOITRA
Indikatoren
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
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Aditya Jayswal
Indikatoren
ZeusArrow Smart Liquidity Finder  Smart Liquidity Finder is Ai controlled indicator based on the Idea of Your SL is My Entry. It scan and draws the major Liquidity areas on chart partitioning them with Premium and Discount Zone and allows you find the best possible trading setups and help you decide the perfect entry price to avoid getting your Stop Loss hunted . Now no more confusion about when to enter and where to enter. Benefit from this one of it's kind trading tool powered by Ai an trade
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Stefano Frisetti
5 (3)
Indikatoren
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
Serial Signal Indicator
Vitalyi Belyh
Indikatoren
Indikator für manuellen Handel und technische Analyse für Forex. Es besteht aus einem Trendindikator mit dem Eröffnungsniveau des Handelstages und einem Pfeilindikator zur Bestimmung von Einstiegspunkten. Der Indikator ändert seine Farbe nicht; er funktioniert, wenn die Kerze schließt. Enthält verschiedene Arten von Warnungen für Signalpfeile. Kann für die Arbeit mit jedem Diagramm, Handelsinstrument oder Zeitrahmen konfiguriert werden. Die Arbeitsstrategie basiert auf der Suche nach Pr
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4.92 (12)
Indikatoren
The Reversal Master is an indicator for determining the current direction of price movement and reversal points. The indicator will be useful for those who want to see the current market situation better. The indicator can be used as an add-on for ready-made trading systems, or as an independent tool, or to develop your own trading systems. The Reversal Master indicator, to determine the reversal points,  analyzes a lot of conditions since the combined analysis gives a more accurate picture of t
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Version 1.1 2020.04.16
Newly Updated Version 1.1

* The codes were re-written to give constant updates to spread as it is either increasing or decreasing visually

More updates to come according to the Users' experiences and comments

Cheers