Click here to Login








Average Bid/Ask Spread

by QuantShare, 3904 days ago
Share |






The "AvgBidAskSpread" is a parameterless function that calculates the average ask price for the current bar minus the average bid price for that same bar.

The indicator uses the newly introduced CSharp-based "cFunctions.GetBidAskData" function to capture last bid/ask updates and performing the necessary calculations.

You can plot this indicator to a chart simply by adding the following formula:
a = AvgBidAskSpread();
plot(a, "", colorGreen);

Note that in order for this function to work, you must apply it to a chart that is connected to a data feed. The data feed must also support bid/ask updates (most of them does).
You can use this formula is any intraday period but it is important to note that only the last 1000 updates (including last, bid and ask) are used in the calculation. This is because only the last 1000 updates are stored in memory.



Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 1432


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

How to Calculate and Display the Bid/Ask Spread on a Chart

How to Backtest an Intraday Stock Trading System with EOD Ranking

How to Detect Potential Issues/Errors in Your Historical Data?

How Does QuantShare Work?

How to Optimize a Trading System with Thousands of Billions of Combinations

How to Run QuantShare without UAC Prompts?

Reading and Exporting Data from QuantShare to Excel Programmatically

Troubleshooting a Trading System

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2024 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.