Spread indicator (scam brokers)
$7.99
System: Metatrader 4
Timeframe: any
Chart: any
Limits by accounts: No
Broker account: any account
$7.99
System: Metatrader 4
Timeframe: any
Chart: any
Limits by accounts: No
Broker account: any account
System: Metatrader 4 Timeframe: any Chart: any Limits by accounts: No Broker account: any account |
Spread indicator – shows the difference between the bid and ask price of a security, currency or asset. The spread indicator is typically used in a chart to graphically represent the spread at a glance and is a popular tool among forex traders. Simply said it shows, how the broker cheating you during trading.
The indicator shows how high the spread on certain charts or currency pairs is, at what time it is better to trade or it may be necessary to change the broker. The higher the spread, the higher your brokerage costs on each trade transaction and the less profit you will get. Sometimes the profit can not be covered by the costs of the broker’s spreads and the trade becomes a permanent loss.
In order to express spreads easily, currencies are always quoted in pairs (e.g. USD/CAD). The first currency is called the base currency and the second currency is called the counter or quote currency (base/quote). For example, if it took $1.20 to buy US$1, the expression USD/CAD would equal 1.2/1 or 1.2. The USD would be the base currency and the CAD would be the quote or counter currency.
Forex quotes are always provided with bid and ask prices, similar to what you see in the equity markets. The bid represents the price at which the forex market maker is willing to buy the base currency (USD in our example) in exchange for the counter currency (CAD). Conversely, the ask price is the price at which the forex market maker is willing to sell the base currency in exchange for the counter currency. Forex prices are always quoted using five numbers; so, for this example, let’s say we had a USD/CAD bid price of 120.00 and an ask of 120.05. Thus, the spread would be equal to 0.05, or $0.0005.
Once you have chosen a good broker with low spreads, you can use our best forex robot on your account absolutely safely.
From the beginning I didn’t trust the EA robot FOREX V PORTFOLIO v.11 pro 14 because I had other trades than shown in the video on the website. After a month on two demo accounts with a deposit of 2000 USD, I must say that the EA works very well!!! Monthly appreciation of both accounts approx. 30% with max DD 19%. I have to praise the developers and keep my fingers crossed for the future.
Guys are geniuses!!! I am grateful for your work!!! Everything works, they helped me install everything and there is always feedback !!! Thanks!!!
EA is superb, working very well.
There are 28 charts and 14 pairs so that’s why EA always gaining if one in lost but 3 in profit/
Highly recommended.
Great and quick support by Vlad
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