Spread Monitor Pro

5

DRX SPREAD MONITOR is a professional utility designed to visualize and analyze broker spreads in real-time. It helps traders identify hidden costs caused by spread widening during news events, rollovers, or low liquidity sessions.

This tool is essential for Scalpers and Gold traders who need to ensure execution quality and avoid entering trades when trading costs are statistically too high.

Key Features

  • Real-Time Histogram: Displays the spread history in a separate window with color-coding for Normal, High, and Extreme levels.
  • Dynamic Moving Average (MA): Calculates the average spread trend to help you distinguish between temporary spikes and structural spread increases.
  • Visual "Equalizer" Mode: A unique bar-chart visualization that provides instant feedback on market liquidity conditions without cluttering the chart.
  • Live Data Panel: A compact dashboard on the chart displaying:
    • Current Spread
    • Average Spread (Time-based)
    • Min/Max Records
  • Acoustic Warning System: Customizable sound alerts trigger when the spread exceeds your defined "High" or "Extreme" thresholds.

Use Cases

  • News Trading: Detect when spreads return to normal after high-impact news.
  • Broker Comparison: Monitor different brokers to see who offers better conditions during volatile phases.
  • Cost Reduction: Filter out trades during expensive market hours.

Settings

You can customize the look and feel (Colors, UI placement), adjust the alert thresholds, and define the calculation period for the moving average.

Reviews 1
heiko v.piechowski
2008
heiko v.piechowski 2026.03.15 20:08 
 

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Professional Chart Drawing Tool Draw directly on the chart. Fast. Precise. No detours. DRX DrawPad is the most advanced freehand drawing tool for MetaTrader 5. Analyze markets visually like a pro — with just one indicator, directly on the chart, without external software. What makes DRX DrawPad unique? Most traders know the problem: MT5 does not offer a fast, intuitive way to draw spontaneous analysis directly on the chart. DRX DrawPad closes this gap — completely, elegantly, and without any l
Margincall Lines
Simon Draxler
5 (1)
Program Features 1. Calculation of Margin Call and Liquidation Prices Monitoring all open positions: The program continuously analyzes all open positions on the trading account. Determining critical price levels: Margin Call Price: The price at which additional funds must be deposited to keep positions open. If this does not occur, liquidation follows. Liquidation Price: The price at which positions are automatically closed by the broker to prevent further losses. 2. Display of Prices on the Ch
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PrimeFlow
Simon Draxler
DRX PRIME FLOW – Auto-Adaptive Market System Trade with Clarity. Recognize the Flow. Guid   --->   link DRX Prime Flow is a next-generation visual trading system designed to relieve traders of the tedious work of market analysis. Instead of burdening you with complex calculations or manual settings, this tool delivers the most important thing at a glance: The true structure of the market. The system uses a proprietary, adaptive algorithm that automatically adjusts to any asset in the background
Fibo Watch
Simon Draxler
Fibo Watch – Professional Analysis Assistant & Range Helper Short Description: Not a "Magic Indicator," but a professional tool for experienced traders. Visualize ranges, Fibonacci retracements, and trend channels precisely on higher timeframes. Optimize your risk management with the DRX Dashboard. Description (Long Text): ️ IMPORTANT: This tool is designed for traders who already possess market understanding. Do not look for a Holy Grail. Fibo Watch is an efficiency tool. It was developed to s
AlphaWave
Simon Draxler
5 (1)
Unlock the potential of your trading with the AlphaWave Indicator! Bring calm to your trading: The AlphaWave Indicator is designed to bring serenity to your trading experience by smoothing the chart and providing precise readability of the trend direction. Making clear trading decisions has never been easier. Revolutionary Smoothing Technology with 10 Modes: Experience a smooth and clear chart representation with the AlphaWave Indicator. The revolutionary smoothing technology offers not just on
FASTai
Simon Draxler
Introductory Offer: Only a few copies available at the current price! Final Price: $800 This section covers the default settings of the Expert Advisor (EA). Please follow the preset instructions →  click . Product Details Symbols All possible Timeframes All possible Capital Minimum $50 Account Types ECN Main Features of FASTai FASTai is specifically designed to build on proven trading principles. The Expert Advisor (EA) uses technical indicators such as moving averages, highs and lows, and pre
ScalpingThink
Simon Draxler
ScalpingThink – Precision in Scalping ScalpingThink is an innovative, bidirectional scalping system designed for traders who rely on quick moves and precise entries. The goal: controlled profits in the shortest possible time through exact setups – safe and efficient. Try it now – with a Free Demo Get it now at the special price of only 169 USD – before the price goes up! setfile -->>> set EurUSD setfile -->>> setGBP USD Current  169 USD  Signal: Link Guide: Link Your Benefits at a Glance
Stop entering market orders. Start executing. Are you still entering trades manually with full size? You are paying too much in spread, slippage, and market impact. The DRX Institutional VWAP Engine brings investment-bank grade execution logic directly to your MetaTrader 5 terminal.  Here ist the how to __--> click This is not a signal generator. This is a high-end Execution Architecture . It takes your trade idea and executes it intelligently over time, slicing large volume into smaller pieces
Fibowatch
Simon Draxler
FIBO WATCH is a technical analysis utility designed to assist experienced traders with market structure visualization on MetaTrader 5. This tool automates the detection of price ranges, Fibonacci retracement levels, and trend channels. It is optimized for higher timeframes (H4, Daily, Weekly) to identify significant market movements and reduce noise associated with lower timeframes. Key Features Automated Range Detection: The indicator identifies and draws Range High and Range Low levels relativ
Smart Liquidity Impulse Professional Volume-Momentum Tracker Finally see what really moves the price. Have you ever wondered why the market suddenly turns even though the trend looks strong? Or why a breakout collapses immediately?   The answer lies not in the price alone – it lies in Liquidity . The Smart Liquidity Impulse is no ordinary oscillator. While RSI or MACD analyze price exclusively, this indicator measures the fuel of the market . It combines three crucial factors into a single, clea
DRX Market Profile Master v4 — Institutional Market Profile for MetaTrader 5 Market Profile and Time Price Opportunity (TPO) analysis are among the most effective methods for understanding the true market structure. The DRX Market Profile Master v4 fully implements this methodology in MetaTrader 5 and provides a feature set comparable to professional trading platforms. The indicator automatically calculates for each session which price zones were accepted (Value Area), where the highest trading
DRX Scanner Dashboard Pro – Professional Market Monitor Guid   ---->   link Turn market chaos into clear trading opportunities. The DRX Scanner Dashboard is the professional solution for traders who value efficiency. Instead of checking dozens of charts individually, get an instant overview of the entire market situation in a single panel. With its eye-friendly "Dark Mode" design, the DRX Scanner filters out the noise and shows you precisely where price, trend, and volatility intersect. Perfect
DRX Equilibrium – The Gold Standard. Gold (XAUUSD) is the most profitable but also the most dangerous market. DRX Equilibrium is not a generic Forex bot, but a highly specialized system tuned exactly to the volatility structure of Gold. The system solves the eternal dilemma of Gold trading: It uses sideways phases for accumulation (Mean Reversion) and dynamically detects when volume enters the market to trade breakouts immediately. Developed for professional demands and Prop Trading accounts. Pr
SOLID CURRENCY STRENGTH METER MT5 A precise indicator for real-time analysis of currency strength. Visualizes the performance of the 8 major currencies and helps you distinguish trends from sideways markets. A solid decision-making basis for every trader. __________________________________________________________________ THE CONCEPT Successful trading starts with selecting the right currency pair. The Solid Currency Strength Meter is a precise analytical tool for MetaTrader 5 that helps you k
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heiko v.piechowski
2008
heiko v.piechowski 2026.03.15 20:08 
 

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Simon Draxler
4311
Reply from developer Simon Draxler 2026.03.15 20:18
Thanks very much
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