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Spread Histogram MT4

Spread Histogram displays spread changes at each price movement. The product is very useful for scalpers as it allows them to spot good market entry points.

Small spreads can be used to open a new order or close the current one.

This indicator is equipped with:

  • maximum spread
  • minimum spread
  • up / down spread
  • histogram
  • average spread

Inputs:

  • AveragePeriod (determine the average of the "X" Histogram)
  • Shift
  • Report
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This indicator is suitable for seeing trends and determining the time to open a position. It is equipped with a Stop Loss position. Easy to use. Just watch the arrows provided. Indicator parameters Shift - the number of bars used for the indicator shift to Right." Step Point per Period - the number of pips for down or Up trend lines" Time Frame - Calculate @ this Time Frame." Max_Bar - the number of bars used for calcuulate indicators (if '0' then All bars to calcuulate)." Alert_On - On or Off
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Version 2.0 2021.11.30
"MA_Period - AveragePeriod Histogram."
"Report - Print High Spread for Report."
"Histogram Shift - Shift Max Spread Histogram and Average Histogram."
"Spread Low < - Define Low spread."
"Spread High > - Define High Spread."