Spread Monitor (Tick-Level)

Category: volatility

Tracks the intraday spread fluctuations within each candle, recording the maximum and minimum spread values encountered during the bar's duration.

Formula

Spread_{max} = \max(\text{Spread}_{current}, \text{Spread}_{max}), \quad Spread_{min} = \min(\text{Spread}_{current}, \text{Spread}_{min}) \quad \text{per candle period}

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