Customized bid lines - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources - MetaTrader 5 resources
This indicator will help visualize bid and ask prices, making it easier to decide on trade entry and exit.
Create custom buy and sell lines that are labeled and visually clear. Lines can be easily confused if they don't have labels, so this will make the lines easier to see.
When a buy order reaches the current ask price, it will be executed immediately.
When the sell order reaches the current bid price, it will be executed immediately.
When you want to open a buy position, it helps if you clearly see the ask line, as you would rather buy the market near the candle's low rather than its high. Clearly marked buy lines will also help you sell the market near the highs of the candle instead of the lows.
Attachment download
📎 custom_bidask.mq5 (5.06 KB)
Source: MQL5 #51374
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