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Published by:: sergeev
Downloads:: 485
Views:: 2231
Rating:: votes: 13
Files:: 2monitoring-spread.mq5 (4.75 KB)view

How to download code using MetaTrader 5

This indicator displays the minimal (red), average (green) and maximal (blue) values of spread on corresponding bars as a histogram (borrowed idea).

Such monitoring is handy for comparison of trading conditions offered by various brokers, as well as for analysis of spread dynamics.

Monitoring Spread

Translated from Russian by MetaQuotes Software Corp.
Original code: http://www.mql5.com/ru/code/939

Last comments | Go to discussion (2)

newdigital | 13 Feb 2013 at 17:17

Good indicator. Thanks. Strongly recommended especially during high impacted news events.

Thiele | 25 Feb 2013 at 21:20

Great indicator, thank you!

It's very interesting to see what the broker's advertised spreads are really worth ;) I added a simple moving average to the first indicator value:

Source code library - Expert Advisors, Indicators and Scripts

Monitoring Spread [ru]