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Average Bid Ask Price Indicator


Best MT4 Indicators


Price: $ 0.00 Free
Average Bid Ask Price Indicator
Description:
 
    Average Bid Ask price indicator is explained in this latest video on Best MT4 Indicators. This is a helpful indicator to add on your chart in order to see the Bid ask average price or sometimes called mid price. Most Binary Options brokers and exchanges will offer quotes based on the bid ask average price and this MT4 indicator was developed to add the number in realtime as calculated by your brokers feed. I explain how to use the indicator in the video and why it is important to trade around your brokers numbers as best you can as apposed to your numbers in MT4. I also talk a bit about Bid ask in forex and how using the mid price can sometimes be helpful in getting in or out of a trade.
 
     We also added a Support and Resistance alert to our Average Bid ask indicator. The difference in this alert and the other on MT4 is that you can set an alert when the number on the Bid ask average is breached instead of just an alert on the bid price. This means as described in this video you can find pivotal prices on your broker or exchanges chart like offshore or Nadex or Cantor Exchange and set an alert to call you to the chart when the broker is around this number. This is a great way to let the market come to you and bring bid ask trading into your toolbox with one of the best MT4 indicators around our completely free Bid ask average price indicator.
Watch the video for an explaination of how to use this tool:

 

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