An indicator that displays spread and price ticks in a sub-chart. (Titan_TickSpread)
Spread and Price Tick Chart
In FX trading, this is not only crucial information for understanding market conditions, but also one of the key elements to pay attention to when considering trading costs. However, capturing changes in the spread visually in real time is not easy. This indicator displays the transition of the spread in a sub-chart on MT4/MT5, allowing you to quickly grasp real-time changes in the spread.
Information displayed in the sub-chart:
- Transition of the spread
- Transition of Bid and Ask ticks
【Example of the indicator display】
This indicator works only on the Windows versions of MT5 and MT4 provided by TitanFX.
Indicator Terms of Use
Only those who agree to all the following items may use the indicators distributed on this website (https://research.titanfx.com):
1.The indicators and related descriptions are based on various data believed to be reliable, but their accuracy and completeness are not guaranteed.
2.The data displayed by the indicators do not guarantee your investment results. Also, the displayed content may vary due to market conditions and communication environments.
3.Please make investment decisions using indicators at your own risk. We are not responsible for any disadvantages or damages arising from the use of indicators.
4.Specifications of the indicators are subject to change without notice. Changes will be announced on the indicator description pages, etc.
5.Indicators should only be used by customers who have downloaded them. Transferring or selling the indicators to third parties is prohibited.
Indicator Settings
Settings in the "Inputs" tab (for MT5) or the "Parameters" tab (for MT4)
| Variable Name | Description | Default |
|---|---|---|
| Display Range (Ticks) | Specifies the number of ticks to display. | 100 |
| Ask Color | Specifies the color of the line indicating Ask price. | Magenta |
| Bid Color | Specifies the color of the line indicating Bid price. | Aqua |
| Spread Color | Specifies the color of the line indicating the spread. | Yellow |
| Font Size | Specifies the font size of the displayed text. | 12 |
Settings in the "Colors" tab (for MT5) or the "Color Settings" tab (for MT4)
Not used in this indicator.