Display Ask Bid MT4 Indicator

Overview

The Display Ask Bid MT4 Indicator shows live Bid and Ask prices directly on your trading chart.
Eliminates the need to switch between windows or rely on small default price displays.
Allows traders to instantly see price quotes and spreads, improving clarity and efficiency.
Especially useful for new traders who want to easily understand how market prices are quoted.

Why It Matters in Trading

In forex markets, spreads change constantly depending on volatility and liquidity.
A widening spread often signals high volatility or low liquidity periods.
The indicator keeps traders aware of spread fluctuations in real time.
Helps traders avoid high-cost trades when spreads are too wide.
Builds a habit of spread monitoring and disciplined entries, which improves consistency and risk control.

How Traders Use It Effectively

Used as part of risk management and execution timing strategies.
Traders can choose to delay entries until the spread becomes stable or narrow.
Confirms entry and exit precision, avoiding trades during volatile market swings.
Compatible with other technical indicators, making it easy to integrate into any trading system.
Provides a clear advantage for both manual and semi-automated trading setups.

Trading Guidelines

✅ Buy Entry

Wait for the Ask price to stay stable or narrow relative to the Bid (tight spread).
Confirm the overall uptrend using another indicator (e.g., Moving Average).
Enter a Buy trade when the Ask price aligns with your strategy and the spread is acceptable.
Place a Stop Loss below the recent support zone to manage risk.

🔻 Sell Entry

Monitor the Bid price when spreads remain narrow or tighten.
Confirm a downtrend using an additional trend indicator.
Enter a Sell trade once the Bid price matches your setup and spread conditions are favorable.
Place a Stop Loss above recent resistance for protection.

Conclusion

The Display Ask Bid MT4 Indicator offers a simple yet powerful improvement to price visibility.
By showing live Bid and Ask quotes, it enhances transparency and trading precision.
Helps traders avoid unnecessary costs, reduce slippage, and make informed entry decisions.
Ideal for both beginners learning the market and experienced traders refining execution quality.
A must-have tool for anyone focused on smart risk control and price accuracy.

Input Settings & Controls

word_size – Defines the font size of the text or label displayed on the chart.
word_color – Specifies the color of the text or label shown on the chart (e.g., Yellow, Red, White, etc.).
right_left – Determines the alignment or positioning of the text—whether it should appear on the right or left side of the chart.
x_distance – Sets the horizontal distance (in pixels) from the chosen edge (right or left) of the chart.
y_distance – Sets the vertical distance (in pixels) from the top or bottom edge of the chart.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

Risk Disclaimer

TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
We are not SEBI Registered Investment Advisors or Research Analysts.
All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
Users may utilize the software and tools for paper trading or strategy evaluation only.
If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
Any such use is at the user’s sole discretion and risk.
We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
Use of our software, tools, or services.
Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
All market data and content provided are subject to delays, inaccuracies, or errors.
Past performance (actual or hypothetical) is not indicative of future results.
Hypothetical or backtested performance may not reflect the impact of actual market conditions.
Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
Automated signals or scanners are tools for evaluation—not trading instructions.
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Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
Do not rely solely on any information presented on our site for actual trades.
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Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
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Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.