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Description:
This Free Indicator will allow you to monitor the Max/Min spread in a bar/candle. By running it 24h/24h will allow you to recognize which period of time having maximum spread, based on that you will understand the market more, and could develop/improve to have better trading strategy.
Parameters: limit: <specify the limit of spread, above which the indicator will mark the price, at which high spread occurs>
Note: Beside the price marked due to high spread above, the indicator
FREE
Specification:
- Trend trading only on GBPCAD . - EA run using H1 (1 hour) and D1 (daily) timeframes only (so don't worry about strategy tester modelling quality, because of using H1/D1 is enough) .
- Each trade opened with pre-determined Stop loss and Take profit. - Having trailing stop.
- Based on fixed risk per trade/position (default is 5% of account free margin), then: Expecting net profit is about 60%/year ; Maximum drawdown is only 11% for the whole period (4 years testing).
- Medi