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Toh4iem9
22 lines
1.2 KiB
Markdown
22 lines
1.2 KiB
Markdown
# Spread Cost Pro (Indicator)
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## 1. Summary
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**Spread Cost Pro** is a risk management utility that visualizes the "Real Cost of Trading" dynamically. It doesn't just show the spread in points (which is often meaningless in isolation), but calculates the spread as a **percentage of the current market volatility (ATR)**.
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This helps traders answer the question: *"Is it worth entering a trade right now, or is the spread too wide relative to the potential profit?"*
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## 2. Methodology
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$$Cost \% = \left( \frac{\text{Spread}}{\text{ATR}} \right) \times 100$$
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* **Spread:** The difference between Bid and Ask at that historical moment.
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* **ATR:** The average range of price movement (potential profit space).
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## 3. Usage
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* **Green Bars (< 10%):** **High Liquidity / Cheap.** This is the ideal time to scalp. The market is moving enough that the spread is negligible.
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* **Red Bars (> 30%):** **Low Liquidity / Expensive.** The spread is eating up a huge portion of the potential move.
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* *Warning:* This often happens during **News Events**, **Market Rollover (23:00)**, or on **Exotic Pairs**.
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* *Action:* **DO NOT SCALP.** Only enter long-term Swing trades where the spread matters less, or wait for liquidity to return.
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