Algovedas Spread and Margin Monitor
- Indicators
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Angshuman Pal
I am Angshuman Pal, the sole founder of AlgoVedas.
AlgoVedas is an independent algorithmic trading and AI technology brand focused on developing professional MetaTrader tools, custom indicators, Expert Advisors, signal engines, dashboards, and trading research systems for the MT4/MT5 ecosystem. - Version: 1.4
Algovedas Spread and Margin Monitor is a professional MetaTrader 4 utility indicator designed to display live spread, Bid/Ask information, account funds, and estimated margin usage directly on the chart.
This indicator is not a trading signal tool and does not open, close, or modify trades. It is a clean monitoring dashboard for traders who want to understand the real cost of spread and lot-based margin usage before placing an order.
Main Features
- Live spread display in points and pips
- Spread value estimation in account currency
- Live Bid and Ask price line
- Balance, equity, and free margin display
- Lot size input field directly inside the chart HUD
- CALC button to estimate margin/funds required for the selected lot size
- BUY, SELL, and WORST side margin calculation modes
- Broker lot rule display: minimum lot, maximum lot, and lot step
- Movable HUD with Up, Down, Left, and Right buttons
- Optional timer-based refresh
- Position persistence for the HUD
- Fully customizable colors, fonts, sizes, and layout
- Lightweight chart-window indicator with no trading execution logic
Why Use It?
Many traders enter positions without clearly seeing how spread and margin usage affect the account. This tool brings that information directly to the chart in a simple and practical way. It helps you check the spread, available funds, broker lot restrictions, and estimated margin before taking a trade.
Important Notes
This indicator is only a monitoring and calculation assistant. It does not guarantee profit, does not predict the market, and does not provide buy or sell signals. Margin values may vary depending on broker settings, symbol specifications, account leverage, and real-time market conditions.
Use it as a risk-awareness and trade-preparation dashboard.
