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Crypto & On-Chain Analysis
#11

Just use common sense. When you place an order, first check the spread. if the spread is greater than the usual spread which is mostly 1-2 pips, then don't open the trade. We don't need a spread screener for this thing. Just check the spread before you open the trade and if the spread is big, then don't open the trade. It is simple.

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#12

how to build such python scripts like you mentioned in order to view the 28 currency thru it before manually making decision?
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#13

We can easy code such a python script that will check 28 currency pairs and print their spreads. I haven't done it though. When a spread is wide it means either the volatility is high or the liquidity in the market is low. Either of the two things. EURUSD spread should be 1-2 pips. Before we open an order, we find the spread to be 12 pips it means the volatility is high and we should avoid opening a trade. These are the times when the spread is usually high. Around the market close time on Friday. On Monday when the market opens and daily at 0 hours when the new day starts on your broker platform. Around 1 hour of that time the spread can be as high as 20-40 pips. Why? Around this time the brokers are doing maintenance and other household chores so they make the spread high making sure traders don't open a trade around this time.

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#14

are you still going to publish the algo trading course and signal chat group?
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