a fix spread for each hour
Posted: Sun Jul 14, 2013 11:55 am
Hi again,
I know from Birt's Earview that you can use either real-spread between Ask and Bid (and no volume!) or a fixed (self-set) spread (with volume is available). So you don't have to accept the actual spread of the broker which differs throughout the day and reaches its max. normally right before the market closes on Fr. - so for the weekend.
I think it would be a nice and realistic feature to be able to define a fix spread for each hour?
I started thinking for the EURUSD at one spread from 8-21h (Euro- ans USA-market hours) and another spread when those markets are closed,
then I thought why not systematically for each hour separately. If you will realize this variable spread 24 different spread is only a bit more work than two different time-bound spreads - in case the real Ask-Bid-spread replaces the volume, like Birt seems to do it.
Regards, Gooly
I know from Birt's Earview that you can use either real-spread between Ask and Bid (and no volume!) or a fixed (self-set) spread (with volume is available). So you don't have to accept the actual spread of the broker which differs throughout the day and reaches its max. normally right before the market closes on Fr. - so for the weekend.
I think it would be a nice and realistic feature to be able to define a fix spread for each hour?
I started thinking for the EURUSD at one spread from 8-21h (Euro- ans USA-market hours) and another spread when those markets are closed,
then I thought why not systematically for each hour separately. If you will realize this variable spread 24 different spread is only a bit more work than two different time-bound spreads - in case the real Ask-Bid-spread replaces the volume, like Birt seems to do it.
Regards, Gooly