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Pro Spread Monitor

FREE

Published: 28 May 2026

Current version: 1.0

Pro Spread Monitor

Indicators
John Francis
John Francis
Quantitative Developer | Algorithmic Infrastructure Engineer at Independent Quantitative Developer

Nigeria

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I engineer institutional-grade trading systems designed for high-volatility environments. My core focus is bridging the gap between raw data logic and precision execution. I do not build "black-box" systems; I deliver transparent, rigourously tested, and modular infrastructure.

1 product
Version: 1.0

Pro Spread Monitor

Pro Spread Monitor is a specialized, professional-grade utility designed to provide real-time, low-latency monitoring of market spreads directly on your trading chart. In high-volatility environments, sudden spread spikes can significantly impact your execution quality and the integrity of your stop-loss levels. This indicator provides immediate visual feedback, allowing you to identify "danger zones" instantly and avoid trading during periods of unfavorable liquidity.

Key Features:

Precision Monitoring: Displays the real-time spread on every tick.
Visual Alert System: The display color automatically changes (e.g., from White to Red) when the spread exceeds your defined threshold, providing an instant visual warning.
Optimized Performance: Built with clean, lightweight code to ensure zero impact on your terminal's performance.
Minimalist Design: Keeps your workspace clean and unobtrusive while ensuring critical data is always visible.

Input Parameters:

SpreadThreshold (Default: 20): Define the spread level at which the indicator signals a warning. Adjust this value based on your specific trading pair (e.g., set lower for EURUSD, higher for XAUUSD/Gold).

Why use this tool? Scalpers and algorithmic traders know that spread is often the silent killer of profitability. Pro Spread Monitor eliminates the guesswork, helping you protect your capital by visually identifying when market conditions have deteriorated before you enter a trade.

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Pro Spread Monitor

John Francis

Pro Spread Monitor