Draw Spread free

by gorin in category Other at 05/09/2013
Description

Spread is the difference between the bid and the ask price of the symbol.

This indicator draws Spread on the chart in pips.

14258 downloads
How to install
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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;

namespace cAlgo.Indicators
{
    [Indicator(IsOverlay = true, AccessRights = AccessRights.None)]
    public class DrawSpread : Indicator
    {
        public override void Calculate(int index)
        {
            if (IsLastBar)
                DisplaySpreadOnChart();
        }

        private void DisplaySpreadOnChart()
        {
            var spread = Math.Round(Symbol.Spread / Symbol.PipSize, 2);
            string text = string.Format("{0}", spread);
            ChartObjects.DrawText("Label", "Spread:", StaticPosition.TopLeft, Colors.Yellow);
            ChartObjects.DrawText("spread", "\t" + text, StaticPosition.TopLeft, Colors.White);
        }
    }
}
Comments

cmureza - February 11, 2014 @ 17:47

Hi

the number of spread is inside the word "spread" and i can't read it

please help

aisaac - April 18, 2014 @ 14:29

this indicator in my graph not seen spread level.

http://fxpro.ctrader.com/c/Fmjnn

aisaac - April 18, 2014 @ 14:54

ok solved the problem, i change the text.PadLeft(12), in text.PadLeft(19),  line 36 editor.

ThePhantomRaven - May 19, 2014 @ 17:59

This is very useful and simplest indicator ever for scalpers.

Nice idea.

k90211lee - September 20, 2015 @ 00:51

Simple and very useful indicator. I use it with MT4.  I'm glad I found it here. :)

I use grey back ground chart, like to change the font and spread to red to more visual.  I can't change red it above code.  Thank you in advance!

K. 

socalfxtrader - July 07, 2016 @ 01:21

Thank you Gorin. Very useful indicator.

Is anyone aware of an indicator that can draw the ATR in pips (in the same way this "draw spread" indicator works)? 

I like to remove as much noise and have the least amount of oscillators / indicators beneath my charts. 

Thanks,

WakasKhan - November 22, 2019 @ 01:34

Very useful indicator, but can u please allow the option to have it displayed at the top centre rather than top left. 

 

Thank you 

khoshroomahdi - June 18, 2021 @ 16:54

Please add color parameter. enable $disable label, position on chart parameter

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