The indicator supports two functions:
Spread Ask and Bid line customization (style *, thickness)
Second Broker spread comparison ** – see indicator Input for instruction.
Regards below images:
The top image shows customization of spread Ask & Bid lines.
The bottom image shows second Broker spread comparison (second Broker spread – chart spread, 8 – 5 = 3 points spread adjustment). The comparison is relative and is an addition or subtraction padding of the chart Ask Line.
* dependent on Chart on foreground. ** dependent on Show Ask.
Forex Indicators Download – Instructions
Spread Lines Forex Metatrader Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Spread Lines Forex Metatrader Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Spread Lines Forex Metatrader Indicator.mq4?
- Download Spread Lines Forex Metatrader Indicator.mq4
- Copy Spread Lines Forex Metatrader Indicator.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Spread Lines Forex Metatrader Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Spread Lines Forex Metatrader Indicator.mq4 is available on your Chart
How to remove Spread Lines Forex Metatrader Indicator.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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Forex Indicators Download below: