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The current price shown on an MT4 chart is the bid price. When looking at a price bar or candle, you must add the spread to the high bid price to know what the high ask price would have been, or add the spread to the low bid price to know what the low ask [...]
Read more about MetaTrader Tips – Understanding MetaTrader Charts and view this post/page in full.
Feb 8th, 2010 | Filed under MetaTrader 4 Tips
Tags: ask, bid, charting, charts, Forex, forex trading, MetaTrader, MetaTrader 4, MetaTrader Charts, metatrader tips, MT4, MT4 charts, mt4 tips, spread, trading
All Forex quotes have two parts, the BID and the ASK. The Bid is the price at which you (as the trader) will open a sell. The Ask is the price at which you will open a buy. The difference between the bid and the ask price is known as the spread. Free IBFX MetaTrader [...]
Read more about The BID and the ASK Explained and view this post/page in full.
Feb 8th, 2010 | Filed under MetaTrader Brokers

