| || |
How can i do get ask data calculating it from bid data using a fixed spread ?
I would like to know how can i calculate ask data from bid data using a fixed spread?
Should i add the spread to the bid data to get the ask data?
AskOpen = BidOpen + Spread;
AskHigh = BidHigh + Spread;
AskLow = BidLow + Spread;
AskClose = BidClose + Spread;
So if bid prices are:
and Fixed spread is 0.05
Then Ask Prices should be:
I add content to the DailyFX Trading Community
Hi Manuel Gallego,
Thank you for posting.
If this is how you want to compute the Ask data, then yes, I think it makes sense.
Let us know if you have any difficulties when applying this.
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.