Spread Statistics

Spread Statistics (v1.9): In-depth spread analysis for MT5. This indicator displays on your chart:

  • Current Spread: (changes color when approaching Max).

  • Max / Min / Avg Spread: key metrics since launch.

  • Spread Volatility (StdDev): stability assessment.

Hover over the metrics for  detailed statistics in tooltips (Min/Max time, % time near values, StdDev range).

New in v1.9: Option to  select the font for better readability.
Customize update interval, colors, and position. Understand trading conditions better and control your costs!

Quick User Guide: Spread Statistics (v1.9)

This indicator helps you quickly assess the spread dynamics on your MT5 chart.

What You See on the Chart:

  • Current:: The current spread in points.  Changes color (orange by default) when approaching the session's maximum value – this is your quick alert for potentially high spread!

  • Max:: The maximum spread since the indicator was launched.

  • Min:: The minimum spread since launch.

  • Avg:: The average spread since launch.

  • StdDev:: The standard deviation (volatility) of the spread. Shows how stable the spread is.

How to Get More Details:

  • Hover your mouse cursor over the Max:, Min:, Avg:, or StdDev: lines.

  • In the  tooltip that appears, you'll see additional information:

    • The exact time when Min/Max was reached.

    • The percentage of time the spread was near Min/Max/Avg (calculation period selectable in settings: Daily / Total).

    • The calculated range for the average spread (Avg ± StdDev).

Key Settings (Inputs):

  • Font (Font Name - New in v1.9!): Choose any font installed on your system for better readability.

  • Colors: Customize the colors for each metric, including the alert color for Current.

  • Position: Select the corner (Corner for display) and offsets (offset) to position the indicator block.

  • Update Interval (Update display every N seconds): Set how often the on-screen information updates (for optimization).

  • Tolerance for % Time Calculation: Define how close the spread needs to be to Min/Max/Avg to be counted in the time percentage.

Installation:

  1. Copy the SpreadStatistics.ex5 file into your MQL5\Indicators folder.

  2. Refresh the indicator list in the MT5 "Navigator" or restart the terminal.

  3. Drag the "Spread Statistics" indicator from the Navigator onto the desired chart.

Why Use It?

Use the indicator's information to:

  • Better understand current trading conditions.

  • Assess spread stability and associated costs.

  • Identify periods of abnormally high spread.

We hope this indicator becomes a useful tool in your trading!























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TickData Recorder (v1.3): Real Ticks Recording for Reliable Backtesting in MT5 Elevate the accuracy of your strategy testing significantly! Tired of unrealistic backtest results on standard MetaTrader 5 data that don't match your broker's conditions? "TickData Recorder" is your tool to solve this problem. This Expert Advisor meticulously records   every single tick price change   (time with milliseconds, Bid, Ask, Last, Volume) directly from   your broker's   server (FTMO, RoboForex, IC Markets,
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