Spread-ATR Ratio indicator

Indicators

Job finished

Execution time 13 hours
Feedback from employee
Tomas knows exactly how he wants the job done and is able to outline this in a very compact design without going back and forth a zillion times. Liked working with him!
Feedback from customer
I had a good and constructive dialogue with Phil who finished the job to my satisfaction way ahead of the agreed deadline. The code was well commented in english which i didn't ask for, but definitely appreciate (then I'm learning a bit as well). He's fast and reliable.

Specification

Hi coders

 

I need a simple indicator that displays 3 different values on a chart; the average spread, the ATR and the ratio of the average spread to ATR.

The indicator has to work for a 5 digit broker. 

External parameters:

ATR() This input determines the number of bars in the ATR calculation

Font size Font size of the text displayed

Font color Color of the text displayed

Orientation X Orientation of the text on the X axis 

Orientation Y  Orientation of the text on the Y axis

 

The indicator must calculate the average spread of the last 10 ticks and display it on the chart.

This value is then used to calculate the the ratio of the average spread to the ATR value.

So:

If the indicator is attached to a H1 chart and the ATR for the pair is 25 while the average spread is 2 pips, then the Spread/ATR ratio is 8%.

This must be displayed as:

Av.Spread (value pips)

ATR() (value pips)

Spread/ATR (value%) 

 

Thanks 

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Project information

Budget
10- USD
Deadline
from 1 to 7 day(s)