π Get Ask PriceΒΆ
Convenience method: retrieves the current Ask price for a symbol in one simple call. Essential for BUY order calculations and spread analysis.
API Information:
- Sugar method:
MT5Sugar.getAsk(String symbol) - Underlying method:
MT5Account.symbolInfoTick() - Source: MT5Sugar convenience layer
π½ InputΒΆ
| Parameter | Type | Required | Description |
|---|---|---|---|
symbol |
String |
β | Symbol name (e.g., "EURUSD") |
β¬οΈ OutputΒΆ
Returns: double - Current Ask price
What is Ask: - Price at which you can BUY - Higher than Bid price (Ask - Bid = Spread) - Used for closing SELL positions - Used for opening BUY positions
π¬ Just the essentialsΒΆ
- What it is. Current buying price for a symbol.
- Why you need it. Calculate BUY entry/exit points.
- Ask vs Bid. Ask = BUY price, Bid = SELL price.
- Spread. Ask - Bid = trading cost.
π― PurposeΒΆ
Use this method when you need to:
- Get current price for BUY order entry.
- Calculate profit for open SELL positions.
- Monitor price for trading decisions.
- Calculate spread (Ask - Bid).
π Usage ExamplesΒΆ
1) Get current Ask priceΒΆ
double ask = sugar.getAsk("EURUSD");
System.out.printf("EURUSD Ask: %.5f%n", ask);
// Output: EURUSD Ask: 1.12350
2) Calculate BUY stop loss from pointsΒΆ
String symbol = "EURUSD";
double ask = sugar.getAsk(symbol);
double point = sugar.getPoint(symbol);
// SL 50 points below entry (for BUY)
double stopLoss = ask - (50 * point);
// TP 100 points above entry (for BUY)
double takeProfit = ask + (100 * point);
System.out.printf("BUY at Ask: %.5f%n", ask);
System.out.printf("Stop Loss (-50p): %.5f%n", stopLoss);
System.out.printf("Take Profit (+100p): %.5f%n", takeProfit);
// Place BUY order
long ticket = sugar.buyMarket(symbol, 0.1, stopLoss, takeProfit);
3) Monitor for price breakoutΒΆ
String symbol = "GBPUSD";
double resistanceLevel = 1.27000;
System.out.printf("Monitoring %s for breakout above %.5f%n",
symbol, resistanceLevel);
while (true) {
double currentAsk = sugar.getAsk(symbol);
if (currentAsk >= resistanceLevel) {
System.out.printf("β
Breakout! Ask: %.5f%n", currentAsk);
sugar.buyMarket(symbol, 0.1, null, null);
break;
}
System.out.printf("Waiting... Ask: %.5f (resistance: %.5f)%n",
currentAsk, resistanceLevel);
Thread.sleep(1000);
}
4) Calculate spread and trading costΒΆ
String symbol = "XAUUSD";
double bid = sugar.getBid(symbol);
double ask = sugar.getAsk(symbol);
double spreadPrice = ask - bid;
int spreadPoints = sugar.getSpread(symbol);
double point = sugar.getPoint(symbol);
System.out.printf("%s spread analysis:%n", symbol);
System.out.printf(" Bid: %.2f%n", bid);
System.out.printf(" Ask: %.2f%n", ask);
System.out.printf(" Spread (price): %.2f%n", spreadPrice);
System.out.printf(" Spread (points): %d%n", spreadPoints);
System.out.printf(" Point size: %.2f%n", point);
// Verify spread calculation
double calculatedSpread = spreadPrice / point;
System.out.printf(" Calculated spread: %.0f points%n", calculatedSpread);
5) Wait for favorable Ask priceΒΆ
String symbol = "EURUSD";
double maxAcceptableAsk = 1.12500;
while (true) {
double currentAsk = sugar.getAsk(symbol);
double bid = sugar.getBid(symbol);
double spread = currentAsk - bid;
if (currentAsk <= maxAcceptableAsk) {
System.out.printf("β
Good entry! Ask: %.5f (max: %.5f)%n",
currentAsk, maxAcceptableAsk);
// Place BUY order
sugar.buyMarket(symbol, 0.1, null, null);
break;
}
System.out.printf("Ask too high: %.5f (waiting for <= %.5f), Spread: %.5f%n",
currentAsk, maxAcceptableAsk, spread);
Thread.sleep(5000); // Check every 5 seconds
}
π Important NotesΒΆ
- Ask vs Bid:
- Ask = Price you BUY at (higher)
- Bid = Price you SELL at (lower)
-
Spread = Ask - Bid (your cost)
-
When to use Ask:
- Opening BUY positions β Entry price
- Closing SELL positions β Exit price
- Calculating BUY Stop Loss (below Ask)
-
Calculating BUY Take Profit (above Ask)
-
Market orders:
- BUY market orders execute at current Ask
-
SELL market orders execute at current Bid
-
Real-time: Price changes every tick during market hours.
-
Precision: Always format with symbol's digits:
Ask/Bid relationship:
Trading costs:
See alsoΒΆ
- Low-level method:
SymbolInfoTick- underlying implementation - Related:
getBid()- get Bid (SELL) price - Related:
getSpreadPrice()- get spread (Ask - Bid) - Trading:
buyMarket()- uses Ask for entry