• Overview
  • Reviews
  • Comments

Spread Costs and Swap Benefits

Spread Costs refers to the amount of the loss caused by the spread, and Swap Benefits refers to the amount of the income gained by overnight positions. Spread Costs is an important indicator for short-term traders, especially for scalping traders, and Swap Benefits is an important indicator for long-term traders. Since the spreads and swaps on the MetaTrader 5 platform are all expressed in points, we need to convert it into the amount expressed in the account currency. This tool can display the Spread Costs and Swap Benefits of all Forex currency pairs (including gold XAU and silver XAG) in different account types (USD account, EUR account, etc.). All data in the panel tab is updated in real time.


Calculation

Spread Costs = Lots × OnePointValue × Spreads

Swap Benefits = Lots × OnePointValue × Swaps

Among them:

  • OnePointValue: value of one point expressed in the account currency
  • Spreads: spreads expressed in points
  • Swaps: swaps expressed in points
Note: On the day of "3-days swap", which is usually Wednesday, the results of the Swap Benefits are multiplied by 3

Detailed calculation method for OnePointValue, see the article:

THE TRADE COST OF FOREX CURRENCY Part1


How to use

  1. Before using this tool, you need to set MetaTrader 5's Market Watch to Show All. The specific operation is shown in the figure below.
  2. Set the language of the tool via "View->Languages" option. The specific operation is shown in the figure below.
  3. Set the trading Lots to calculate the spread costs and swap benefits via "View -> Trading Lots" option, default value is 1.00. The specific operation is shown in the figure below.
  4. Click on the header of each column in the panel table to sort the values in the column. The specific operation is shown in the figure below.
  5. Output the spread costs and swap benefits to the file via the "File -> Output" option. The output path is "MT5_path\MQL5\Files\SpreadCosts_SwapBenefits_Data". The file name is the current date. After successful output, the successful output information will be displayed in "MetaTrader 5 Terminal - Toolbox - Experts" column. The output path, file name and file contents are shown in the figure below.


Table content

There are seven columns of data in this table:

  • Symbol - forex symbols;
  • Spread(Points) - spread expressed in points;
  • SpreadCosts - spread costs expressed in the account currency of trading Lots volume;
  • SwapShort(Points) - swap expressed in points for short positions;
  • SwapShortBenefits - swap benefits expressed in the account currency of trading Lots volume for short positions;
  • SwapLong(Points) - swap expressed in points for long positions;
  • SwapLongBenefits - swap benefits expressed in the account currency of trading Lots volume for long positions.


Free version

The free version can output the spread costs to a file. Download address: https://www.mql5.com/en/market/product/28937.

Recommended products
Orders Executor
Claudio Aguiar De Aragao
Introducing Orders Executor , your powerful and efficient trading companion designed to seamlessly execute orders directly from a user-specified text file . This innovative trading tool streamlines your trading process, providing a convenient and automated solution for executing trades with precision and speed. Key Features : **Text File Integration:**     Orders Executor is designed to effortlessly read and interpret orders from a plain text file, eliminating the need for manual input. Sim
Telegram Notify MT5 Telegram Notify MT5 is an utility tool to bridge your MetaTrader 5 activities to your Telegram chat/channel. It is useful for monitoring your MetaTrader 5 account by sending a notification to your particular Telegram chat/channel when someone/EA is placing trades, modifying order's TP/SL, closing trades and etc. This EA does not place any trade for your account. This EA also could be a convenient tool for monitoring other's EA trading activities or a tool for publishing you
Whether you're a seasoned forex trader or just starting, Telegram Signal Sender is a must-have tool for anyone looking to start their telegram channel as a forex signal provider. With its user-friendly interface and advanced features, you can easily set up your signals and watch as your followers start to grow. So, what are you waiting for?  Comprehensive Trading Solution: With Telegram Signal Sender, you get a complete trading solution that generates stop loss and three target levels for y
Binance is a world-renowned cryptocurrency exchange! In order to facilitate more accurate analysis of the encrypted digital currency market, the program can automatically import Binance's K-line data to MT5 for analysis. The main functions are: 1. Support the automatic creation of spot trading pairs in the currency security department, and you can also set the profit currency and base currency separately. For example, if ProfitCurrency is empty, it means all trading areas. Optional: USDT, BTC
Martingale panel MT5
Mohammadbagher Ramezan Akbari
In this article, we would like to introduce the trade panel product with the Martingale panel. This panel is made in such a way that it can meet the needs of traders to a great extent. This trade panel actually consists of two trade panels at the same time, with the first one you can take positions with certain profit and loss limits, and with the second one, you can have positions with profit limits but without loss limits. When positions lose, a new position will be added based on the setti
Product Name: Hedge Trade Manager MT5 Description: The "Hedge Trade Manager" EA for MetaTrader 5 is a sophisticated solution designed to adeptly manage trades through a hedge trading strategy. With a range of configurable settings, this EA provides comprehensive control over hedge trades. The documentation below outlines the various inputs and parameters to assist you in customizing the EA to suit your trading preferences. Overall Settings/Input Guide Name Setting Description General Settings Ma
FREE
If you want to be successful in Trading you must be extremely disciplined. Without discipline you won't get far. To help traders build and maintain discipline in the long run I have create the Risk Manager EA that comes with two huge benefits: 1. Equity and Balance protection 2. Risk and Money Management automatic tracking rules How? The EA has 6 customizable Conditions that, if triggered, will use at least one of 3 available Actions. All the tracking activity is displayed in a sim
The utility is designed to quickly copy transactions between MT4 and/or MT5 terminals that are located on the same computer or Windows VPS server. The most important and useful options that may be needed when copying an invoice are provided: copying all trades or trades only for the current instrument copying Take Profit and Stop Loss copying only new transactions opened after the advisor started working re-opening of transactions input inversion adding/removing prefixes and suffixes in instr
MassDestroyer
Raphael Djangmah Osro Agbo
MASS DESTROYER-MANUAL Most scalping robot open several positions in a matter of time.  In emergency situations where say over 30 positions are running at the same time and all these trades are going negative,  manually closing all of these positions can make your losses even bigger because of spreads and other market conditions This is where   DEST001   comes in.. This robot has been designed such that positions are closed in a matter of microseconds. The trader can chose some parameters as f
You can see Binance Spot data instantly in Metatrader 5 and it allows you to use all the features that Metatrader has provided to you. You can access the data of all symbols listed on Binance Futures. Don't forget to set the timezone. Binance it's 00:00 UTC. You need to fix it according to your own country You need to install the free Binance Spot Symbol List plugin. https://www.mql5.com/tr/market/product/83507 After loading, it automatically downloads the data of the cryptos in the market obser
SemiAuto Martin System introduce This tool is used for semi-automatic Martin trading, click on the panel to place an order and the EA will manage the position Just decide the direction of the transaction, and leave the rest to the EA management Automatic Martin, add warehouse according to the set grid, you can also disable this function One-click liquidation One key lock function time control Warning sound prompt characteristic Trading chart: any Tradeable currency: any Automatic take p
This tool will perform Trailing stop loss and Break even management for orders. Helps you limit or reduce the time spend watching orders on the screen, especially when you need to go to sleep. Just add this EA to 1 chart, you can manage all pairs. You can filter orders by comment, magic number, and symbol. When Breakeven it can add shift/offset pips (to cover the commission...). You can try in strategy tester before purchase. The EA will add Buy and Sell alternately, so you can check the oper
This QuickClose help you to close all orders having profit immediately with only ONE CLICK, its work is very fast. You can choose which symbol you want or close all symbols so it will helpful for you in your trading to manage trading faster. This EA can quick close all Buy and Sell Orders by a selected symbol or total, And delete all pending orders. This SymbolButton is designed for closing orders. There is available Manual and Automatic closing functions. Automatic closing function will close t
One Click Trader  is a tool designed for MetaTrader 4 platform, which enables you to take your trading to the next level. It enables you to open, manage and close your trades in simple an efficient way by just one click of your mouse button. "-"   ,  "+"  change OCT window size  Up arrow minimizes the OCT panel Down arrow maximizes the OCT panel Right arrow displays the next panel with additional features Left arrow hides the panel with additional features Red  SELL  button enables you to open s
This adds an easy to use trading panel to your MetaTrader5 chart, enabling you to enter the market at lightning speed with your risk automatically calculated. Plus, it will help you automate your trade management with automatic & one click partial profits, stop loss to breakeven and more. Click here for the full Trade Buddy user guide If you want to test Trade Buddy before you purchase, please message us by visiting our profile and we will provide you with a 7 day free trial. Best of all, it’s c
Click Trade Manager MT5
Hispraise Chinedum Abraham
Once you purchase, send a message to my inbox for manual. Click Trade Manager MT5 is a powerful tool that offers a range of benefits for both beginner and professional personal account and prop firm traders. It is designed to protect your prop firm or personal accounts from breaching drawdown limits and can automatically close trades when your profit target is hit. Additionally, Click Trade Manager is highly customizable, allowing you to choose settings that best suit your trading style. One o
This script allows you to compare quotes and spreads from different trading servers or brokers to identify a server/broker that offers the best bid/ask price and the tightest spread. It can be compared with up to six different servers or brokers at a time, and it is easy to find the best quote provider by score. Usage: Open up to 6 MetaTrader client terminals, login to different servers/brokers, and then start the script on each terminal's chart.
The TELEGRAM BROADCAST utility helps to instantly publish your trading in the Telegram channel. If you have long wanted to create your Telegram channel with FOREX signals, then this is what you need. ATTENTION. This is a DEMO version, it has limitations - sending messages no more than 1 time in 300 seconds PAID version:  https://www.mql5.com/en/market/product/46865 https://t.me/moneystrategy_mql TELEGRAM BROADCAST can send messages: Opening and closing deals; Placing and deleting pending
FREE
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (17)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
This EA helps to Close all Positions opened. It saves you the time of closing multiple positions manually. Parameters: Buy:  Close Buy Positions Only Sell:  Close Sell Positions Only Buy & Sell: Close Buy & Sell Positions Pending: Close Pending Orders More Advanced MT5 version available at:  https://www.mql5.com/en/market/product/93301?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fen%2Fmarket%2Fmy More Advanced MT4 version available at:   https://www.mql5.com/en/market/product/93468?source=U
Equity Defense
Trading Toolkit
Equity Defense is a powerful risk management tool designed by Trading Toolkit to protect your trading account from significant drawdowns. This tool closely monitors your account equity and automatically closes all open trades when a predetermined percentage of equity loss is reached during a trading day. The Equity Defense tool ensures that your daily losses do not exceed your predetermined loss threshold, helping you trade with peace of mind. Key Features: Daily Loss Limit : Set a maximum limit
Minions Labs Recalibrator
Flavio Javier Jarabeck
5 (1)
Once again, We Nailed It! Imagine a faster and smoother way to recalibrate ANY Indicator using just obvious and intuitive mouse clicks, realtime, real fast, real results on your chart just right after the Click... Instead of the boring "Open Settings dialog / Change one setting / Click OK / See what happens on Chart...",  then repeat this process endlessly until you kill yourself! Well... No More... Welcome to the Minions Labs Recalibrator tool! Now you can Study, Trial, Experiment and Play wi
Size Calculator allow you to calculate the size you need for your position giving two parametres: the number of pips risked and the money risked, for example if you want to risk 20 USD on 200 pips, then you will need to input 200 in the case reserved for pips and 20 in the case reserved for risk, the size will appear in left top carner of the chart in your metatrader 4 platform,    Size Calculator  support the following symbols : EURUSD GBPUSD AUDUSD NZDUSD  GOLD WTI  EURJPY GBPJPY USDJPY AUDJP
Stop and Take EA
Luis Enrique Ricales
5 (1)
The Expert Advisor is only designed for manual trading. The EA sets stop loss and take profit for positions and pending orders on the current symbol. It also has trailing stop and breakeven functions. Input Parameters Stop loss   - stop loss value; Take profit   - take profit value; Close all if profit reached the x percent of balance or   - close all positions once the total profit reaches x percent of balance; close all if profit reached the x profit amount in currency   - close all position
FREE
The utility is designed to display on the chart the margin zones built on the basis of margin requirements for futures of the Chicago Mercantile exchange (CME). These margin zones are good levels of resistance and support, as seen in the screenshots. How to use To trade on margin zones, use the following rules: buy after the day has closed above one of the zones to the next zone; sell after the day has closed below one of the zones to the next zone; after opening a sell trade, place limit sell
This tool will assist all those who trade the forex market manually. It will help them in a sense that it will calculate the required margin in order to initiate a trade. This calculator is so simple to use that a  that the user only inputs only 2 pieces of information. which are   Price   and   Lot size   the trader wishes to take. All other information needed to calculate the calculator will work it out by itself. It will run or calculate  on the current opened chart. As the name suggest it's
Please enable this site  https://openexchangerates.org/  on webrequest options on Tools -> Options -> Expert Advisors  this utility has it's function as a updater of your's database with the currency conversions of the day, all the days, and all the Currency Pairs. My Expert Advisors and Indicators who make auto calculation to show the lot take this data to guide their calculation, in relation to a account currency and a pair curreny who isn't the same as the account. Sample account in USD and
Synchronized Cross for MT5
Steven Van Ingelgem
3 (1)
The Synchronized Cross indicator allows you to link cross hairs from multiple chart windows. This means that as you move the cross hair in one chart, all other cross hairs will move together by automatically staying on the same time. If, for example you are moving your mouse cursor in a M5 timeframe (see screenshots), the crosshair will show as a line in the higher timeframes, and as an area in the lower timeframes. Thus making it easier to correlate timeframes. The input parameters are self exp
GT Challenge
Geethika Rasnayake Mudiyanselage
The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of digits.  It does not interfere with manual trading or the trading of other advisors. It only works with its own orders and provides all the necessary information about them as needed. GT Challenge EA is a fully automated trading robot. It trades 24/5 without news filter. It is easy to setup with default settings and It works with most broker. Please test in a demo account first for at le
This is Professional Version of Trade Manage  , In addition to having all the feature of simple version, this program also has the ability to adjust TP1, TP2 and Risk Free. This is the best and easiest program for risk management and trading "   Common items with the simple version   "  All you have to do: 1. Specify the amount of   RISK   per trade 2. Select the position of the   STOP LOSS   in chart 3. Press the button.   DONE ... Inputs: 1. Last TP Default: -> You can choose the default rew
Buyers of this product also purchase
Trade Assistant MT5
Evgeniy Kravchenko
4.4 (171)
It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Attention, the application does not work in the strategy tester. Manual, Description, Download demo Line function -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics before opening.   Risk management  - The risk
Forex Trade Manager MT5
InvestSoft
4.98 (413)
Do you think that in markets where the price can change in a split second, placing orders should be as simple as possible? In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. So, when you want to place an order, you probably wonder how big a trade you should open? Wha
TradePanel MT5
Alfiya Fazylova
4.86 (113)
Trade Panel is a multifunctional trading assistant. The application contains more than 50 functions for manual trading, and allows you to automate most trading actions. Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main features of the application: Works with any trading instrument (Forex, CFD, Futures and others). Works with all symbols from one terminal window. Can manage orders opened from a mobile phone. Creates up to four worklis
Local Trade Copier EA MT5
Juvenille Emperor Limited
5 (63)
Experience exceptionally fast trade copying with the   Local Trade Copier EA MT5 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the   Local Trade Copier EA MT5   offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking t
Trade Manager DaneTrades
DaneTrades Ltd
4.73 (22)
Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Including features to help prevent you from Over Trading, Revenge Trading and Emotional Trading. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 5 platform. Multi Language support. MT4 Version  |  User Guide + Demo The Trade Manager does not work i
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
Mentfx Mmanage mt5
Anton Jere Calmes
4.43 (7)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
The MT5 to Telegram Signal Provider is an easy-to-use, fully customizable utility that enables the sending of signals to Telegram, transforming your account into a signal provider. The format of the messages is fully customizable! However, for simple usage, you can also opt for a predefined template and enable or disable specific parts of the message. [ Demo ] [ Manual ] [ MT4 Version ] [ Discord Version ] Setup A step by step user guide is available. No knowledge of Telegram API is required;
Bots Builder Pro MT5
Andrey Barinov
4.75 (4)
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
Trade copier MT5
Alfiya Fazylova
4.35 (26)
Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT5> MT5, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types  - Set and forget trading w
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade
Trade Dashboard MT5
Fatemeh Ameri
5 (25)
Tired of complex order placement and manual calculations? Trade Dashboard is your solution. With its user-friendly interface, placing orders becomes effortless, by a single click, you can open trades, set stop loss and take profit levels, manage trade lot size, and calculate risk to reward ratios, allowing you to only focus on your strategy. Say goodbye to manual calculations and streamline your trading experience with Trade Dashboard. Download   demo version   right now. You can find   deta
OrderManager MT5
Lukas Roth
4.88 (16)
Introducing the Order Manager : A Revolutionary Utility for MT5 Manage your trades like a pro with the all-new Order Manager utility for MetaTrader 5. Designed with simplicity and ease-of-use in mind, the Order Manager allows you to effortlessly define and visualize the risk associated with each trade, enabling you to make informed decisions and optimize your trading strategy. For more information about the OrderManager, please refear to the manual. [ Demo ]  [ Manual ]  [ MT4 Version ]  [ Teleg
Copy Signals from any channel that you are a member ( without the need for a Bot Token or Admin Permissions  straight to your MT5. It has been designed with the user in mind while offering many features you need This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT4 Version | Telegram Version If you want to try a demo please go to the User Guide. The   Discord   To MT
Adam FTMO MT5
Vyacheslav Izvarin
5 (1)
ADAM EA Special Version for FTMO Please use ShowInfo= false for backtesting ! Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94362 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------
The UTM Trade Manager is a powerful, yet intuitive trading tool offering fast, efficient trade execution and advanced features such as the "Ignore Spread" mode and a built-in local trade copier, and others. Designed to simplify your trading operations, it provides a user-friendly graphical interface and on-chart controls for seamless management. Key Features: Trade Execution: Enter trades easily with one-click by defining the entry and stop loss prices on the chart. The system automatically calc
Copy Signals from any channel that you are a member (including private and restricted) straight to your MT5.  This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT4 Version | Discord Version If you want to try a demo please go to user guide. The Te
Grid Manual MT5
Alfiya Fazylova
4.83 (12)
Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the "Grid manual" will automatically create a grid of orders for it and will accompany it until the close. T
Trade Assistant 38 in 1
Makarii Gubaydullin
4.87 (15)
Multifunctional tool: 65+ functions, including: Lot Calculator, Price Action, R/R ration, Trade Manager, Supply and Demand zones Demo version   |   User manual The utility   doesn't work in the strategy tester : you can download the   Demo Version HERE  to test the product. Contact me   for any questions  / ideas for improvement / in case of a bug found If you need a MT4 version, it is available here Simplify, speed up and automate your trading   process . Expand the standard terminal capabili
Hedge Ninja
Robert Mathias Bernt Larsson
Make sure to join our Discord community over at www.Robertsfx.com , you can also buy the EA at robertsfx.com WIN NO MATTER IN WHICH DIRECTION THE PRICE MOVES This robot wins no matter in which direction the price moves by following changing direction depending on in which direction price moves. This is the most free way of trading to this date. So you win no matter which direction it moves (when price moves to either of the red lines as seen on the screenshot, it wins with the profit target yo
VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.59 (64)
Trading Panel for trading in One click.  Working with positions and orders!  Trading from the  chart  or the  keyboard . With our trading panel, you can execute trades with a single click directly from the chart and perform trading operations 30 times faster than with the standard MetaTrader control. Automatic calculations of parameters and functions make trading faster and more convenient for traders. Graphic tips, info labels, and full information on trade deals are on the chart MetaTrader.
Take a Break MT5
Eric Emmrich
4.71 (14)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt5 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator mt5 Video tutorials, manuals, DEMO download   here .   Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
Profit or Loss Pad
Vladislav Andruschenko
4.55 (11)
Closing positions in MetaTrader 5 upon reaching the total profit/loss with the profit trailing function.   CloseIfProfitorLoss with Trailing You can enable the  Virtual stops (Separate Order) , calculating and closing for  BUY and SELL positions separately (Separate BUY SELL) , closing and calculating  all symbols or the current symbol only (All Symbols) , enable trailing for profit ( Trailing  Profit) Positions are closed based on a value  in deposit currency, points, % and drawdown . The appl
YuClusters
Yury Kulikov
4.93 (43)
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
Ultimate Trailing Stop EA MT5
BLAKE STEVEN RODGER
4.57 (7)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overri
Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT4 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58375 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand.   For traders that scale into the market gradually with multiple positions or those trading grid and basket stra
The MT5 to Discord Signal Provider is a user-friendly, fully customizable utility designed for sending trading signals directly to Discord. This tool transforms your trading account into an efficient signal provider. Customize message formats to suit your style! For ease of use, select from pre-designed templates and choose which message elements to include or exclude. [ Demo ] [ Manual ] [ MT4 Version ] [ Telegram Version ] Setup Follow our detailed user guide for easy setup. No prior knowled
Riskless Pyramid Mt5
Snapdragon Systems Ltd
5 (2)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
More from author
This indicator was modified according to the 'Way Of The Turtle'. It generates a channel based on the opening price and ATR values of the current bar. Turtle ATR Channel can be used to help identify overbought and oversold conditions in a market. Calculation upper channel = Open + r1*ATR lower channel = Open - r2*ATR Among them: Open is the opening price of the current bar. ATR is the ATR value of the current bar. r1, r2 are the ATR ratios. Input Parameters ATR Period - set the period of the
FREE
Turtle ATR
Yupeng Xiao
2 (2)
This indicator was modified according to the 'Way Of The Turtle'. The ATR indicator can be used as a reference to set stop-loss or take-profit, and also can be used to confirm the daily price range (also applicable to other cycles). Calculation The true range value is calculated as follows: TR = MAX(H-L, H-PDC, PDC-L) Among them: H = Highest price of the current bar L = Lowest price of the current bar PDC = Close price of the previous bar The average true range in 'Way Of The Turtle' is calcul
FREE
The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.). Calculation and code See articles: THE TRADE COST OF FOREX CURRENCY Part1 THE TRADE COST OF FOREX CURRENCY Part2 THE TRADE COST OF FOREX
FREE
The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.). Calculation and code See articles: THE TRADE COST OF FOREX CURRENCY Part1 THE TRADE COST OF FOREX CURRENCY Part2 THE TRADE COST OF FOREX
FREE
Spread Costs refers to the amount of the loss caused by the spread, and Swap Benefits refers to the amount of the income gained by overnight positions. Spread Costs is an important indicator for short-term traders, especially for scalping traders, and Swap Benefits is an important indicator for long-term traders. Since the spreads and swaps on the MetaTrader 4 platform are all expressed in points, we need to convert it into the amount expressed in the account currency. This tool can display the
Risk Control Trade Panel  is designed to assist in one-click trading. This tool can automatically calculate the trading lots based on the set risk money, the recommended StopLoss and the recommended TakeProfit. In the information menu, you can view indicators such as the weekly price range and the monthly price range. Followings are highlight features Lotsize is automatically calculated based on the risk money set by the user. The recommended stoploss and recommended takeprofit are automatical
Filter:
No reviews
Reply to review