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Phoenix Spread Panel

FREE

Published: 28 December 2025

Current version: 1.20

Phoenix Spread Panel

Indicators
Jaamal Anthony Victor Black
Version: 1.20
Updated: 21 September 2026

Entering a trade when the spread has quietly widened costs more than expected, and that's easy to miss when you're only watching one symbol's chart.

Phoenix Spread Panel shows a live table of spread across multiple symbols at once, colour-coded against each symbol's own average, so a widening spread is visible before you place the order.

How it keeps spread costs visible

- Live current, minimum, maximum and average spread for up to 15 symbols at once

- Display in pips or points

- Sortable by any column (symbol, current, min, max, average)

- Colour-coded quality thresholds (good/warning/alert), set as multiples of each symbol's own average, rather than a fixed value that doesn't fit every instrument

- Hides inactive symbols automatically

Alerts

Sound and push notification when a symbol's spread crosses into the warning or alert zone.

Use Phoenix Spread Panel to:

- Check spread conditions across your whole watchlist before entering

- Avoid trading a symbol right as its spread widens beyond normal

- Compare current spread against a symbol's own typical range, not a guess

How to use it

1. Attach to any chart; symbols populate automatically from your Market Watch.

2. Sort by current, average, minimum or maximum spread to check conditions before entering.

3. Set the warning/alert thresholds to match what's normal for your instruments.

Installation

Download from the MQL5 Market and attach to any chart. Symbols are detected automatically from your Market Watch.

Requirements

MetaTrader 5 build 3280 or higher. Works with any broker and all symbol types.

Feedback & Reviews

If this saves you from a costly widened spread, a review from the Reviews tab above helps the next trader find it.

Support

Questions or a setup issue? Message us via MQL5 Private Message; we reply personally to every message.

Developed by Phoenix Global Investments Ltd.

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Manually moving stop losses to breakeven across several open positions is slow during a fast market, and it's easy to accidentally apply it to a position that's still in the red. Phoenix Breakeven Button moves every profitable open position's stop loss to breakeven with a single click, automatically skipping anything still in loss. How it protects your profit - One click applies breakeven protection across every open position on the account - Automatically detects and skips positions current

This is an actively maintained release, rebuilt and expanded for current MT5 builds. The same stop-loss distance or position size that works in a calm market can be too tight or too large once volatility shifts. Judging that shift by eye, from the raw ATR value alone, is unreliable. Phoenix ATR Volatility Meter classifies current ATR against its own recent history, so you can see whether volatility right now is unusually low or high, not just what the raw number is. How it reads volatility f

High-impact news events can move price sharply within seconds. Without tracking exact timing, it's easy to get caught in a position going into a release, or to miss the safest window to act around one. Phoenix News Countdown Calendar shows a live countdown to upcoming economic events for the currencies relevant to your chart, so you can see exactly what's coming and when. How it keeps you ahead of volatility - Displays up to five upcoming events, ordered by time, with a live countdown - Auto

This is an actively maintained release, rebuilt and expanded for current MT5 builds. A widening or narrowing moving-average cloud carries real information about trend strength and possible exhaustion; judging cloud width and slope consistently, bar after bar, by eye alone is hard to do reliably. Phoenix Moving Average Meter reads the angle and width of your fast/slow MA cloud and classifies both against their own recent average, so you can see whether the current trend is accelerating, flatte

Running more than one EA on the same account makes it hard to tell which strategy is actually contributing to, or dragging down, your equity at a glance. Phoenix Magic Number Dashboard automatically groups your open and closed trades by magic number, so you can see each EA's live and closed performance side by side, with account-wide totals. How it keeps multi-EA accounts clear - Auto-discovers active magic numbers, or track a manual list - Per-EA open positions, open profit, closed trades a

Prop firm and personal risk rules are usually built around a specific measure of drawdown (most often a daily limit, reset at a fixed time), and it's easy to lose track of exactly where you stand against that limit while you're trading. Phoenix Drawdown Meter tracks drawdown as a percentage of your account balance at the start of the trading day (a midnight reset), not floating or all-time drawdown, so the number on screen matches the measure most daily risk rules actually use. How it keeps r

This is an actively maintained release, rebuilt and expanded for current MT5 builds. Currency markets move in relative terms. A strong-looking EURUSD setup can fail if the Euro is weakening broadly, or succeed only because the Dollar is falling everywhere else. Reading one pair in isolation misses that context. Currency Strength Suite gives a structured, real-time view of relative strength and correlation across nine instruments (default: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD and Gold), help

69 USD

This is an actively maintained release, rebuilt and expanded for current MT5 builds. Trends rarely move the same way on every timeframe. A bullish M15 chart can simply be a pullback inside a bearish H4 trend, and trading the shorter picture without checking the wider one is how good-looking entries turn into trades against the real trend. Phoenix Trend Strength Suite reads trend direction and quality across five timeframes at once (default: M15 through Weekly) and brings the result into a sin

45 USD

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