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Indicator BidAsk Spread Line


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  #1 (permalink)
 Bvend 
Greece
 
Experience: Advanced
Platform: Ninja,Sierra
Broker: IB,IQFeed
Trading: Emini ES, Dax
Posts: 39 since Feb 2013
Thanks Given: 20
Thanks Received: 19

When I started trading Forex I moved to other platforms. But at the end I came back to my favorite one. So, I wanted the bid ask lines primarily to avoid entering orders around news and wait until the spread calms down. It took me some effort since I am not a programmer and I could not find that indicator but eventually here it is. No picture here because it needs live data


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Elite Membership required to download: BidAskSpread.afl
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  #2 (permalink)
 ValLiant 
redding, CA
 
Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
Broker: iB
Trading: CL/GC/NQ
Posts: 74 since May 2010
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you wouldnt happen to know if the same thing exists for ninjatrader... the jt stats etc that are here not the simple show bid/ask with the spread... just been looking around and your post seems to be the only one that has done it the simple way.
thx


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  #3 (permalink)
 
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 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
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ValLiant View Post
you wouldnt happen to know if the same thing exists for ninjatrader... ...
thx

But, of course


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  #4 (permalink)
 ValLiant 
redding, CA
 
Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
Broker: iB
Trading: CL/GC/NQ
Posts: 74 since May 2010
Thanks Given: 80
Thanks Received: 28

much appreciated! ... i searched high and low on NexusFi (formerly BMT) found a lot of stuff but not this...


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  #5 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,099 since Jun 2009
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ValLiant View Post
much appreciated! ... i searched high and low on nexusfi.com (formerly BMT) found a lot of stuff but not this...

use key words "bid ask"
https://nexusfi.com/search/attachments/


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  #6 (permalink)
 prouser 
Zurich/Switzerland
 
Posts: 79 since Oct 2014


Bvend View Post
When I started trading Forex I moved to other platforms. But at the end I came back to my favorite one. So, I wanted the bid ask lines primarily to avoid entering orders around news and wait until the spread calms down. It took me some effort since I am not a programmer and I could not find that indicator but eventually here it is. No picture here because it needs live data

The loop is pointless and not required.

 
Code
_SECTION_BEGIN("BidAskSpread");
Bid = GetRTData( "Bid" );
Ask = GetRTData( "Ask" );
Offset = 20;
Lastbar = BarCount - 1;
style = styleLine | styleLine | styleNoLabel | styleNoTitle;
Plot( LineArray( Lastbar - Offset, Bid, Lastbar, Bid, 1 ), "Bid", colorRed, style, Null, Null, Offset, 1, width = -10 );
Plot( LineArray( Lastbar - Offset, Ask, Lastbar, Ask, 1 ), "Ask", colorBlueGrey, style, Null, Null, Offset, 1, width );
_SECTION_END();


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  #7 (permalink)
pious243
jammu india
 
Posts: 3 since Feb 2015
Thanks Given: 5
Thanks Received: 0

good one
Bvend View Post
When I started trading Forex I moved to other platforms. But at the end I came back to my favorite one. So, I wanted the bid ask lines primarily to avoid entering orders around news and wait until the spread calms down. It took me some effort since I am not a programmer and I could not find that indicator but eventually here it is. No picture here because it needs live data


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Last Updated on April 2, 2015


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