Symbol Cost Spread Monitor
- Indicators
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Martin Alberto Nunez Da Silveira Van Caester
Independent MetaTrader 5 developer focused on multi-timeframe visualization and practical chart-analysis tools. Products are documented and tested for compilation, stability and MQL5 Market compatibility. Support is provided through MQL5. - Version: 1.0
- Activations: 10
Symbol Cost Spread Monitor measures the live spread distribution of the current symbol and converts trading costs into practical values for manual decision-making.
Main functions
- Current, mean and maximum spread in points.
- Live spread percentile within the configured sample.
- Ratio of current spread to its recent mean.
- Monetary spread cost per lot.
- Optional round-turn commission added to the estimated cost.
- Tick size, tick value and account currency.
- Minimum, maximum and step volume.
- Stop level, freeze level and long/short swap.
- Optional alerts for abnormal cost conditions.
The monitor uses the symbol specifications supplied by the broker. It is a read-only dashboard and never opens, modifies or closes positions.
Keywords: spread monitor MT5, spread percentile, trading cost, commission calculator, swap monitor, symbol specifications, XAUUSD spread, Forex costs.
