Trading with a low spread is often a requirement if you want your strategy to be successful. Do not forget that the spread is the main cost associated with your transactions, and reducing that cost means increasing the profit.
What Is Spread?
The spread is the difference between the Ask price and the Bid price which is the difference between the price someone is willing to sell an asset and the price someone else is willing to buy the asset. With brokers, the spread is their profit margin as they are charging the spread to the customer and for traders, the spread is the cost they pay the broker to execute a trade.
How To Install & Open
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install it onto the platform. Remember, this is an Indicator.
Custom Development Work
As this indicator is open source you can request custom development work to modify and improve it, you get to keep the full source code after, just get in touch with us below.
Join Telegram Community
You can join a Telegram community and chat with other traders to discuss, share and ask for help.