Market / MetaTrader 4 / Indicators /

IceFX SpreadMonitor

FREE

Published: 27 January 2014

Current version: 1.41

IceFX SpreadMonitor

4.94

Indicators
Norbert Mereg
Version: 1.41
Updated: 17 November 2021

IceFX SpreadMonitor is a special spread logging indicator which displays the current, minimum/maximum and average spread values. These values are set to be visible even after a reboot. Also, SpreadMonitor could save all the desired spread values to .csv files for later analysis of the results.

Indicator parameters:

SpreadLowLevel - low level of spread (show value in green color)
SpreadHighLevel - high level of spread (show value in red color)

BGColor - background of panel
SpreadNormalColor - color when the spread is normal
SpreadRedColor - color when the spread is high
SpreadGreenColor - color when the spread is low
BarColor - color of the bar at right side.

WriteToCSV - write spread high, low, average values per candles to CSV file to data folder (<MT4 Data Folder>\MQL4\Files\SpreadMonitor)

more...

3485

John Winsome Munar 2022.06.17 00:58 #

Good spread monitoring tool

jetztea 2021.08.03 18:18 #

Very good! Thanks

401

Leslie William Van Gent 2021.05.06 16:10 #

It's the best indicator I've ever used. I use it on all my live and demo trading accounts. Good Job!

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Filter:

3485

John Winsome Munar 2022.06.17 00:58 #

Good spread monitoring tool

jetztea 2021.08.03 18:18 #

Very good! Thanks

401

Leslie William Van Gent 2021.05.06 16:10 #

It's the best indicator I've ever used. I use it on all my live and demo trading accounts. Good Job!

6714

Miguel Jimenez Cordero 2021.03.21 22:16 #

Very good job.

260

Rios Su 2021.01.24 23:18 #

Very useful to analyze the spread. I like it that it can export the spread data to csv for further analyze!!

4114

Valentin Butorin 2020.10.18 12:57 #

Good job. Thanks

347

Vladimir Evchenko 2020.05.14 09:32 #

Супер!!!

5673

Tim Eubanks 2018.03.16 03:27 #

Useful tool.

11922

Gennadiy Voltornist 2017.07.09 18:52 #

User didn't leave any comment to the rating

fxdude1 2017.04.13 20:06 #

Great Ind!

7285

Bogdan Yarotskiy 2017.03.16 11:08 #

User didn't leave any comment to the rating

545

Bruce Warmer 2017.01.29 13:35 #

Perfect

28157

Maksym Mudrakov 2016.08.30 19:27 #

User didn't leave any comment to the rating

496

Zhiyu Tan 2016.06.30 20:11 #

Very good! Very useful!

lAspenwall 2015.12.16 22:45 #

Very Very important for my strategy building. More important than a brokers advertised avg spread amount.

My FXCM advertised ECN is .5pips and I usually witness .1-.7pips at any given time.

Today Fed raised rates. And my spreads averaged 5 full pips during the 2 minutes before and 2 after announcement. Spikes as high as 12.

My EA can now be adjusted to prepare for more than just "spreads widen" but by a real quantitated amount.

Thank you Norbert Mereg

3632

Rinor Memeti 2015.09.23 17:27 #

User didn't leave any comment to the rating

462

Vladimir Gulyaev 2015.08.22 19:48 #

Indispensable. Helpful. Free.

7710

Vadim Strelkov 2014.05.12 12:53 #

User didn't leave any comment to the rating

Version 1.41 2021.11.17

Rebuild ex4

Version 1.32 2016.03.18

- fixed 2-digits XAU

Version 1.31 2016.03.15

- support 2-digits CFDs

Version 1.30 2016.01.27

- parameter of colors available

Version 1.21 2014.02.04

- Fixed bug with load from file.