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
2033
heiko v.piechowski 2026.03.15 20:08 

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Get crystal-clear market structure in seconds – without manual drawing! The HTF Auto Support & Resistance Indicator automatically marks the key support and resistance levels directly on your chart. These levels are based on a higher timeframe (HTF), making them far more reliable than random short-term lines. Main Features: Automatic detection of the strongest support & resistance zones Multi-timeframe analysis: choose a higher timeframe for more precise levels Clearly structured zones with color
FREE
ScalpingThink
Simon Draxler
ScalpingThink is a bidirectional scalping system for short-term trading on MetaTrader 5. Positions are opened individually and managed with a fixed stop-loss and an optional virtual trailing stop. Signal: Link Guide: Link Risk Management No grid, no martingale; each position is opened individually Fixed stop-loss and optional virtual trailing stop Several trailing-stop variants to choose from Safety buffer to limit margin usage Time filter and spread filter for entries Recommended Markets and Se
DRX Market Profile TPO — classic Market Profile (TPO chart) for MetaTrader 5 DRX Market Profile TPO draws real Time Price Opportunity profiles directly on your MT5 chart: TPO letters, Point of Control (POC), Value Area High and Value Area Low (VAH / VAL), Initial Balance, single prints and naked POCs — for every session, on any symbol. Version 5 is a complete rebuild: a lag-free canvas engine instead of thousands of chart objects, correct TPO math, exchange session presets with daylight saving t
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
FREE
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
FASTai is an Expert Advisor for MetaTrader 5 that trades from swing highs and lows. The difference from the previous version lies not in the entry, but in what happens afterwards: A trained model evaluates each signal before an order is placed and discards about half of them. The entry alone is hardly profitable. Only the selection turns it into a result. Product Details Symbol XAUUSD (Gold) Timeframe H1 — mandatory Minimum capital from 1,000 USD Account type Hedging, ECN recommended Spread unde
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
DrawPad
Simon Draxler
DRX DrawPad – Chart Drawing Tool and Risk/Reward Trade Planner for MetaTrader 5 Draw, measure and plan trades directly on your MT5 chart. Fast, precise, and without any external software. DRX DrawPad turns MetaTrader 5 into a complete visual analysis workspace. Freehand drawing, trendlines, arrows, Fibonacci, zones, text, a measure tape and a Long/Short position planner with automatic lot size – all in one slim dark panel that you can dock to any edge of the chart. It runs as an indicator, so i
DRX Gatekeeper — Gold  EA (XAUUSD) DRX Gatekeeper is a fully automated Expert Advisor for Gold (XAUUSD) on MetaTrader 5, built for traders who want a calm, rule-based way into one of the most volatile markets — without having to sit in front of the chart all day. Blog and signal here: Read the full blog report about this EA and get the set files here. BLOG SIGNAL Selective, not constantly in the market DRX Gatekeeper does not trade non-stop. Instead of forcing exposure, it continuously watches
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heiko v.piechowski
2033
heiko v.piechowski 2026.03.15 20:08 

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Simon Draxler
6763
Reply from developer Simon Draxler 2026.03.15 20:18
Thanks very much
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