Broker Spread Overlay

This script is a simple overlay for showing the spread of Market Maker brokers. Such as 1broker.com or trading212.com These brokers set the price higher than the actual price in the form of a spread. Often making it harder to trade due to the difference.

This overlay offers two views.
- A price line showing the difference.
- Candlesticks , either as an overlay or unmerged to their own window.

If you like this indicator and/or it has helped you to earn money, please donate.
Paypal: ma.spencer@gmx.com
Bitcoin: 1foxypuyuoNp5n1LNCCCCmjZ4RAXntQ8X
Remove from Favorite Scripts Add to Favorite Scripts
study("Broker Spread Overlay", overlay=true)

oneSpread = input(defval=0.0002, type="float", title="Spread")

oneOpen = security(tickerid, period, open) + oneSpread
oneHigh = security(tickerid, period, high) + oneSpread
oneLow = security(tickerid, period, low) + oneSpread
oneClose = security(tickerid, period, close) + oneSpread

linecolor = open < close ? green : red

barToggle = input(type=bool, defval=false, title="Show Candles")
lineToggle = input(type=bool, defval=true, title="Show Price Line")
plotcandle(barToggle ? oneOpen:na, barToggle ? oneHigh:na, barToggle ? oneLow:na, barToggle ? oneClose:na , title='Candles', color = linecolor, wickcolor=black)
plot(lineToggle ? oneClose:na, title="Price Line", linewidth=2, color=linecolor, style=areabr, transp=100, trackprice=true, editable=false)
smart tool! thanks for sharing!
miyako.pro coondawg71
Np ^-^ Glad it's helpful. I will be releasing a version 2 soon that will include toggles for different types of charts such as heikinashi, renko, area, kagi and line break.
coondawg71 PRO miyako.pro
cool! I look forward to it.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out