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[QUOTE="Enivid, post: 82434, member: 1"] Actually, it is already very simple and does not depend on what you attach it too - currency pair, index or some stock CFD. The indicator measures the current spread in points (pips). There is no convention as to what a pip is (even in Forex), that's why there is [B]decimal_places[/B] parameter. Using that parameter, you can tell the indicator your idea of a pip. If you set it to 0, you tell the indicator that one pip looks like "1" - with zero decimal points. That way, a quote like 18017.7/18022.4 will result in a spread of 4.7 pip. If you set [B]decimal_places[/B] to 1, then it means that your pip looks like "0.1" - with one decimal point. And that means that the quote above has 47 pips of spread. Furthermore, if you believe that a proper pip should look like "0.01", you will set [B]decimal_places[/B] to 2 and the spread of the same quote would be 470. In another example, let's consider a USD/RUB quote 51.6241/51.9459. If I want to use "0.01" as a pip, I just set [B]decimal_places[/B] to 2 and the indicator will display the spread for that quote as 32.18. [/QUOTE]
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