Is there any indicator that can record and plot the bid ask spread of an instrument in a histogram at a lower panel of the chart?

I want to see how much the bid /ask changes on the NANO BITCOIN FUTURE from COINBASE.

It would be cool to place this indicator on a SMALL TICK CHART >> to see how much the bid ask spread changes.


BASICALLY --- JUST LIKE THE VOLUME INDICATOR >>>
Except just display the bid/ask spread per bar.

I guess if we place the indicator on a 1 tick chart it would show the b/a spread per each individual tick.


has this been done already?

Thank you in advance

Hi @OAlejandro314159,

I have changed the title of your thread to remove the ALL CAPS, so now it is just "Indicator That Measures Bid/Ask Spread," which is easier on the eyes and doesn't look like shouting.

Please only use all caps occasionally, to emphasize something, but not as a thread title.

Thanks.

Bob.

OAlejandro314159 

Is there any indicator that can record and plot the bid ask spread of an instrument in a histogram at a lower panel of the chart? I want to see how much the bid /ask changes on the NANO BITCOIN FUTURE from COINBASE. It would be cool to place this indicator on a SMALL TICK CHART >> to see how much the bid ask spread changes. BASICALLY --- JUST LIKE THE VOLUME INDICATOR >>> Except just display the bid/ask spread per bar. I guess if we place the indicator on a 1 tick chart it would show the b/a spread per each individual tick. has this been done already? Thank you in advance

Just create a 1 tick chart and add last, bid, and ask prices, use the “Line on close” chart style for each and use 3 different colors.

I just tried that for a BIT 07-22 chart and that did not work.

Unless I am doing something wrong -- I only get ONE line with NO gap in between to see the the bid and ask difference.

OpalDragon 

I just tried that for a BIT 07-22 chart and that did not work. Unless I am doing something wrong -- I only get ONE line with NO gap in between to see the the bid and ask difference.

How is it going with another instrument?

sam028 

How is it going with another instrument?

Well, I only wanted to check out BIT.

That is the only that matters - since the others are established and have a good stable spreads.

OK >>>
For some reason it is working now >>>




I don't know why it didn't work last night

Maybe I needed to refresh my data base and restart Ninja Trader

You can also use the "Order Flow Market Depth Map" indicator:


MNQ 09-22 (1 Tick) BidAskSpread