Monitor Spreads - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator shows the minimum ( red ), average ( green ) and maximum ( blue ) values as the spread on the corresponding bars of the histogram (borrowed idea).
This kind of monitoring is very convenient for comparing trading conditions offered by different brokers and analyzing spread dynamics.
Attachment download
📎 2monitoring-spread.mq5 (4.75 KB)
Source: MQL5 #939
Monitor spreads - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Monitor spreads - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Focus on spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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