Hi Hyper, nothing special, it's simply to avoid these kind of missed trades Charts are ASK...i based my entry limit on bid price + spread
hyperscalper
Post subject: Re: Buy limit triggered by Bid
Post rating: 0
Posted: Mon 14 Jul, 2014, 18:19
User rating: 98
Joined: Mon 23 Jul, 2012, 02:02 Posts: 656 Location: United States, Durham, NC
I often use Tick charts, but when I use Bar charts then you're right that you won't see the Spread accurately. You'll just see one side of the spread.
For this, I wrote my own "grid" which overlays the Bid/Ask so that I can see where they are, even though I may have either a Bid based or an Ask based Bar type chart. Horizontal lines mark up the Bid and Ask price levels.