Current spread and swap monitor - page 5

[Sergey Golubev]

Simple bar spread indicator as reported by the OnCalculate data - indicator for MetaTrader 5

This is a very simple MQL5 code for an indicator to plot the values of the spread[] data (in points) as reported by the OnCalculate event handler. These are the same spread data values that would be returned when collecting MqlRates data via the CopyRates function.

[Sergey Golubev]

Evaluating the Quality of Forex Spread Trading Based on Seasonal Factors in MetaTrader 5

The article considers the creation of an indicator for assessing the seasonality quality using MQL5. It allows analyzing both the seasonality of a single symbol and the spread of two instruments. The indicator helps identify statistically significant seasonal movements, use weighting factors, and generate reports for a given month.

[Sergey Golubev]

Measuring Spread Costs Before a Market Order in MQL5

Before placing a planned Buy or Sell, how much of the expected favorable price move would remain after spread? The live Bid and Ask describe current entry conditions, but the estimate also depends on the spread assumed at exit.

In this article, we will build Trading Cost Planner, an MQL5 Expert Advisor for the chart's current symbol. It compares two spread-only estimates in points: one assumes the current spread at exit; the other uses the greater of the current spread and a percentile calculated from retrieved historical samples. Both estimates use the planned favorable movement of the midpoint between Bid and Ask. They are scenario calculations, not predictions of profit, and exclude commission, swap, and slippage.