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πŸ“ˆ 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:


πŸ”½ InputΒΆ

Parameter Type Required Description
symbol String βœ… Symbol name (e.g., "EURUSD")

⬆️ 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


πŸ’¬ 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.

🎯 Purpose¢

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).

πŸ”— 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("βœ… 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("βœ… 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
}

πŸ“Œ 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:

    int digits = sugar.getDigits(symbol);
    String formatted = String.format("%." + digits + "f", ask);
    

Ask/Bid relationship:

Ask (higher) ← You BUY here
    ↕ Spread (your cost)
Bid (lower)  ← You SELL here

Trading costs:

BUY at Ask:  1.12350
SELL at Bid: 1.12340
Loss: 0.00010 (the spread you pay)


See alsoΒΆ